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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 10/07/2003 - FIRST READING OF ORDINANCE NO. 140, 2003 AUTHORIZI AGENDA ITEM SUMMARY ITEM NUMBER: 23 FORT COLLINS CITY COUNCIL DATE: October 7, 2003 STAFF: Dave Gordon SUBJECT: First Reading of Ordinance No. 140, 2003, Authorizing the Lease of Property at the Fort Collins- Loveland Municipal Airport to Alliance Equipment Company,LLC,for the Storage of Construction Equipment and Supplies. RECOMMENDATION: Staff recommends adoption of the Ordinance on First Reading. FINANCIAL IMPACT: The Lease will generate $5,227 annually. There are no City expenses associated with this lease. EXECUTIVE SUMMARY: Alliance Equipment Company, LLC, wishes to lease two acres of Airport property for outdoor storage of construction equipment and supplies. The Agreement is for a three-year period,beginning November 1,2003. The ground lease is$.06 per square foot per year. The lease contains adequate restrictions to prevent any incompatible land use related to Airport operations. The Agreement will provide a new revenue source for the Airport. The Airport has no financial obligations under this Agreement. ORDINANCE NO. 140, 2003 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT TO ALLIANCE EQUIPMENT COMPANY,LLC, FOR THE STORAGE OF CONSTRUCTION EQUIPMENT AND SUPPLIES WHEREAS,the Cities of Fort Collins and Loveland(the"Cities")jointly own and manage certain real property in Larimer County that is the site of the Fort Collins-Loveland Municipal Airport (the "Airport Property"); and WHEREAS,pursuant to Section 23-111 of the Code of the City of Fort Collins,the Council is authorized to lease any and all interests in real property owned in the name of the City, provided that Council first finds that the lease is in the best interests of the City; and WHEREAS, the Intergovernmental Agreement for the Joint Operation of the Fort Collins- Loveland Municipal Airport between the Cities specifically recognizes the leasing of Airport Property as a valid use of the jointly owned Airport Property; and WHEREAS, Alliance Equipment Company, LLC, has indicated a desire to lease a portion of airport property,described in the attached Exhibit"A",for the storage of construction equipment and supplies. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the proposed lease of the property described in the attached Exhibit "A" to Alliance Equipment Company, LLC, upon the terms of the lease hereafter referenced, is in the best interests of the City. Section 2. That the City Manager is hereby authorized to enter into the lease of the property described in Exhibit A to Alliance Equipment Company,LLC, , in substantially the form entitled"Ground Lease Agreement' which is on file with the City Clerk of the City of Fort Collins, Colorado, subject to such modifications in form or substance as the City Manager, in consultation with the City Attorney,may deem necessary to effectuate the purposes of this Ordinance or to protect the interests of the City. Introduced and considered favorably on first reading and ordered published this 7th day of October, A.D. 2003, and to be presented for final passage on the 21st day of October, A.D. 2003, Mayor ATTEST: City Clerk Passed and adopted on final reading this 21st day of October, A.D. 2003. Mayor ATTEST: City Clerk 5op-25-03 02:54P FrodorlCk Land SU1' eytng 970 669 3725 P.02 EXHIBIT A, page 1 of 2 Description Exhibit NW Comer of OW PO1M of col entemeet NW 1/4 of Sao9on NE Comer of the 28—T6N`-----PM — NW 1/4 of Sxlbn. 2B—T6N—RfieW-5PM 3 0 or w.1. - \ e�w N Mrt�• w � �[f[.}� a r r line of the NW 1/4. 8motlen 2e. TOM, R68W 6th PM I�I sf a lel o I:r POINT OF BE6INNMJO I I E j83.09• I I 1N �y 1318 C J I 1 de 9g. I I Ir I L Lexla649 Grovel driro '� _ _ N \ 1 : 2.00 aenM 11 Y ( 4 Northwy line of \ 1 1 7rx! 8 of the N 87-15.38- W 304.261 BARNSTORM Ad NON B08M Ao o." M Celereao lae you mow m` any too Catlon beaad .pen ony "feet F tMa eumey e10j� Vh Y+e arler you rbw did eedi dared. M ne ewnt, may any aeben bawd Won ara dweat In We w�tvvowy be comemeed Wt yew from 1M dek of fM ereebauee raven Pa 1 of 2 Date R a v i a i o n s Fi*WW Sunev Pmpond fer; Pmjedt ; 95011,045 09-24— Pa �cN°, Alliance Construction y CRW Arederick Lend Surveying, lac, F.n 1528 North Unooln Avenue —Sulte 2 fi6 Sdale (970) 6 9-210aD-FAIT (970) 688-3725 7'- D. Sap-26-03 O2:S4P Fv dar'4r'k Land Survaying 970 669 3726 P_O3 EMBIT A, page 2 of 2 Description Exhibit A pore of land boated In the NoAhweat 1/4 of Seofion 281 Towrehlp 6 NOM. of Lad"r, State of Colorado{being mate WO.Lharty d—ribed ae folk*: Considering the North line of the Northwest 1/4 of 50010h 25, Township 6 North, Range me Wa t of the 8th principal Meridian, County of tarmNr. State of Colorado as boon N 8T12'47' W with all baorings eontoinell herein r"W thereto. COMMENCE at the Northeast comer of the NoMw4et 1/4 of Seeman 28, Township 8 NaM, Range 00 west of the eth Principal Meridian, County of Lorimer. State of ColtNade: thence ran N ST12'47' W a" sold North line for a distance of 14413.98 feet; dww leaving said North line fun S 0744'22' W for d distance of 232.79 feet to the POINT OF BEGINNING: thence run N 75'13't0' E for a AinAmce of 183AB feet: thence run S 41'0348' E for o distance of 139.99 feat; thence run S 0T4422' W for a dMtonee of 260.80 feet; thence mo N 8T75'30' W for a 411814nee of 304,26 feet; thanes run N 02'44'22' E for a Madame of 256.46 last to the Pant of Beginning. Containing 2_00 ems, mora or law, and bake subject to ON aowroent9 and rights of way of moors. ipd aetlen b span on,4 in a= Acowdinil to Colorado In YOUm:.. w wainmine yeorw One'yea and alsower rA h defect. In ra sent. fey wy mum bard upon day ddwt In the earwy be —.d mare Mee ten Yeas freed the ddr of oe arWkoaah frown rrdw�OOnware.nu Page t of 2 06te R e v l s l e n a F.Od Suv Prepared far. Pro : 90011.045 Pony Chef Alliance Construction emDpCuby Ftederlek Lund Surve n0tg�.� Inc. fOa'n 1523 North uncdn Menus -Su'8e 2 CROW Lowland, Colorado 80538 M (270) 609-2100 - FAX (970) 669-3725