Inauguration day for Denver Mayor Michael Hancock, new city council

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DENVER -- Michael Hancock was sworn in for a second term as Denver's mayor Monday morning.

Hancock began another four years as the city is enjoying a booming economy and a healthy economic future. But the mayor still has plenty of challenges ahead in the next four years.

Hancock emphasized all of the good times during his inauguration speech. And he hopes to take advantage of the economic good times to address some of the longstanding issues throughout the city. Read text of his speech here.

One of the top issues Hancock talked about was education and a proposed sales tax to help students with college costs. The money raised would help in-need students pay back their loans.

Hancock also wants to create a sustained funding source to address the city's affordable housing gap and other long-term needs.

"We are seeing Denver as one of the emerging cites of the 21st century marketplace," Hancock said. "People are focusing on cities like Denver, Seattle. These are the cities that create the quality of life … while also participating in the global marketplaces  emerging around the world."

Hancock said he also wants to address the issues in the Safety and Human Services departments.

Besides the mayor, the new city council was sworn in during a ceremony at the Ellie Caulkins Opera House.

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