5:30-7PM Downtown Development Authority Meeting (rescheduled) @ City Hall Council Chambers

Meeting Agenda
Watch the meeting streaming live starting at 5:30PM
Attend the meeting @ City Hall Council Chambers - 911 10th Street - (map)
Send comments on any of the following topics to dda@cityofgolden.net
Provide in-person comment during the meeting, at 5:30PM.

Tonight's Topics:

Increased Subsidy for the Calvary Flats Affordable Housing Complex
In December, City Council approved a $2.25 million grant to help fund this new housing development on 14th Street. In addition, they agreed to provide another $500,000 as a matching grant, if the developers could find more contributors. The Downtown Development Authority has agreed to provide a significant part of that money. They were already planning to contribute $950,000 through tax increment financing. Now they've increased their contribution to "up to" $1,300,000.

The 40 units in this complex will be available for purchase by middle-income people. This is considered to be ~$98,000 for a single person or ~$140,000 for a four-person household.

These 40 homes are replacing a single house. Each unit will have one parking space.

Downtown Sustainability Update
The City's Sustainability Manager will describe energy conservation grants available to businesses in 2026. She will also discuss a new waste collection program to be offered by the City in the downtown area. Right now, downtown businesses choose their own commercial waste service. The City plans to offer a new option. The commercial haulers will continue, but the City's service will be another alternative. (See pp. 15-21 of the meeting packet.)

DDA Contributions to Various City Projects
The DDA has committed to contributing about $1,250,000 for various city projects. Most of that will go to city projects related to the new city hall/Heart of Golden projects, such as upgrades to Vanover and Parfet Parks. (See pp 3-5 and 22-28 of the meeting packet.)

DDA's 2026 Work Plan (See pp 29-31 of the meeting packet.)

Staff Report

DDA expects to distribute about $140,000 in grants to downtown businesses and residents who suffered losses due to the Xcel power shutdown in December.
Approximately 16,000 people and 6,000 dogs attended Goldens in Golden. DDA funded the shuttles and security.