HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 08/21/2001 - SECOND READING OF ORDINANCE NO. 118, 2001, AUTHORI AGENDA ITEM SUMMARY ITEM NUMBER: 13
DATE: August 21,2001
FORT COLLINS CITY COUNCIL FROM:
Frank Bruno
SUBJECT:
Second Reading of Ordinance No. 118,2001, Authorizing the Long-term Lease of Property at the
Fort Collins-Loveland Municipal Airport to Cole Smith, dba Signal Construction, for the
Construction of an Aircraft Hangar.
RECOMMENDATION:
Staff recommends adoption of the Ordinance on Second Reading.
EXECUTIVE SUMMARY:
The Airport Manager has negotiated a lease of property for the construction of an aircraft hangar.
The hangar will provide at least 8,296 square feet of aircraft storage space. At the expiration of the
lease, the improvements revert to the ownership of the Airport.
Ordinance No. 118,2001,was unanimously adopted on First Reading on July 17,2001. The legal
description has been amended between First and Second Reading of the Ordinance due to an error
which was discovered when Mr.Smith had a physical(on-site)survey completed after First Reading
of the Ordinance. Previously,the survey firm that was contracted to provide legal descriptions used
a FAA approved Airport Layout Plan to calculate the boundaries for the Cole Smith lease property.
Because the plan used in developing the legal descriptions for Mr. Smith's leases did not have
existing buildings accurately located; the legal was incorrect by approximately 30 feet. This
correction does not change the terms of the lease.
AGENDA ITEM SUMMARY ITEM NUMBER: 18
FORT COLLINS CITY COUNCIL DATE: July 17, 2001
110 STAFF: Frank Bruno
SUBJECT:
First Reading of Ordinance No. 118,2001,Authorizing the Long-term Lease of Property at the Fort
Collins-Loveland Municipal Airport to Cole Smith, dba Signal Construction, for the Construction
of an Aircraft Hangar.
RECOMMENDATION:
Staff recommends adoption of the Ordinance on First Reading.
FINANCIAL IMPACT:
The lease will generate, in land rents for the airport,$995.52 annually for the first five years. After
the fifth year, and every fifth year thereafter through the term of the lease, the rent will increase
(using an equation based on CPIs)
EXECUTIVE SUMMARY:
The Airport Manager has negotiated a lease of property for the construction of an aircraft hangar.
The hangar will provide at least 8,296 square feet'of aircraft storage space. At the expiration of the
lease,the improvements revert to the ownership of the Airport.
The construction of the hangar will generate new revenue for the Airport and help meet the aircraft
storage needs of local aircraft owners.
37
Description Exhibit
x
x
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H
Proposed Hanger Site Description: "3
q
A tract of land located in the Northeast 1/4 of Section 33. Township 6 North, Range 68
West, of the 6th P.M., Lorimer County, Colorado more particularly described as follows: a
w
Considering the East line of the Northeast 1/4 of Section 33, Township 6 North, Range N
68 West, of the 6th P.M., Lorimer County, Colorado as bearing S 00'31'31" E and with r+
all bearings contained herein relative thereto. 0
M
COMMENCE at the Northeast corner of Section 33, Township 6 North, Range 68 West, of w
the 6th P.M., Lorimer County, Colorado; thence run S 00'31'31" E along the East line of
the Northeast 1/4 of sold Section 33 for a distance of 748.62 feet; thence leaving said
East line run S 89'28'29" W for a distance of 777.43 feet to the POINT OF BEGINNING;
thence run S 69'53'11" W for a distance of 68.20 feet; thence run N 19'58'39" W for a
distance of 122.20 feet; thence run N 69'53'11" E for a distance of 68.20 feet; thence
run S 19'58'39" E for a distance of 122.20 feet to the Point of Beginning.
Containing 8,334 square feet more or less.
page 1 of 2
NOTICE: According to Date 4-16-01
Colorado law you must
commence any legal action # Date R e v i s i o n s Field Survey Prepared for. Project#:98011.024a
based upon any defect in n o
this survey within three years Party Chief after you first discover such no Fort Collins—Loveland Municipal Airport
defect. In no event, may any Computed by
action based upon any defect JRM Frederick Land Surveying, Inc.
in this survey be commenced Drawn by 1528 North Lincoln Avenue — Suite 2
more than ten years from JRM
the date of the certification Scole Loveland, Colorado 80538
shown hereon. 1 7-24-01 revise distances to POB n a (970) 669-2100 — FAX (970) 669-3725
7
Description Exhibit
Pi Point of Commencement H
Northeast comer of of H
\t0 Section 33-T6N-68W H
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o Z y
a B40VS7a9&SWONO AAW)70,V \ \
,p Trocf B h7
W
East line m N
0 N 12' \ of 0
u. 65 NE 1/ .+4 o N
4 e
'o m N Q �• �� POINT OF m; N
2; BEGINNING _\ - / 777.43'
6Sy0 \S 89'28'29" W
p S S
V
a s
rn
0
w S o
N
u 6
page 2 of 2
NOTICE: According to Date 4-16-01
Colorado low you must
commence any legal action Date R e v i s i o n s Field Survey Prepared for. Project#:98011.024o
based upon any defect in n a -
this survey within three years Party Chief Fort Collins-Loveland Municipal Airport
after you first discover such
defect. In no event, may any Computed by
action based upon any defect RM Frederick Land Surveying, Inc.
Drawn in this survey be commencedb1 1528 North Lincoln Avenue - Suite 2
more than ten years from JRM Loveland, Colorado 80538
the date of the certification Scale 970 669-2100 - FAX 970 669-3725
shown hereon. 1 7-24-01 revise distances to POB