City of Golden Agenda Packet 2026-05-26
Golden plans COP financing with BOKF for pump and irrigation
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Description
Golden City Council is considering Ordinance 2295 to enter into a Site Lease and Lease Purchase Agreement with BOKF, NA as Trustee, enabling issuance of up to $9.4 million in Certificates of Participation. The financing will fund a new pump station and irrigation system improvements for the Fossil Trace Golf Club and related water infrastructure.
Contract Details
Contract Amount
Not to exceed $9,400,000
Vendor
BOKF NA
Agency
City of Golden, CO
Contract Type
FINANCIAL_SERVICES
Document Date
May 25, 2026
Contract Term
Lease term not to extend beyond December 31, 2036; Site Lease term not to extend beyond December 31, 2046
Renewal Date
2036-12-31
Renewal Info
Lease Purchase Agreement base rentals are subject to annual appropriation, with the Lease Term capped at December 31, 2036 and Site Lease Term capped at December 31, 2046.
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