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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 10/03/2000 - FIRST READING OF ORDINANCE NO. 132, 2000 AUTHORIZI u AGENDA ITEM SUMMARY ITEM NUMBER: 14 DATE: October 3, 2000 FORT COLLINS CITY COUNCIL Frank Bruno STAFF: Fred Anderton SUBJECT: First Reading of Ordinance No.132,2000 Authorizing the Long-term Lease of Property at the Fort Collins-Loveland Municipal Airport to James and Jackie Iberlin for the Construction of an Aircraft Hangar. RECOMMENDATION: Staff recommends adoption of the Ordinance on First Reading. i FINANCIAL IMPACT: The lease will generate,in land rents for the Airport,$363.00 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 2,000 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. Because of its length, the lease is on file with the City Clerk's Office. ORDINANCE NO. 132, 2000 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LONG-TERM LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT TO JAMES AND JACKIE MERLIN FOR THE CONSTRUCTION OF AN AIRCRAFT HANGAR 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, the Cities have set aside a portion of the Airport Property for lease to parties desiring-to conduct aeronautical activities and support activities at the airport; and WHEREAS,pursuant to Section 23-114 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, James and Jackie Iberlin has indicated a desire to lease a portion of airport property, described in the attached Exhibit "A" and hereinafter referred to below as the "Lot", for the construction and maintenance of an aircraft hangar. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the proposed lease of the Lot to James and Jackie Iberlin,upon the terms of the lease hereafter referenced, is in the best interests of the City. Section 2. That the Mayor is hereby authorized to enter into a long term lease of the Lot to James and Jackie Iberlin under the terms and conditions of that certain lease form entitled"Lease Agreement, Cities of Loveland and Fort Collins, Colorado and James and Jackie Iberlin" which is on file with the City Clerk of the City of Fort Collins, Colorado. 1 Introduced, considered favorably on first reading, and ordered published this 3rd day of October, A.D. and to be presented for final passage on the 17th day of October, A.D. 2000. Mayor ATTEST: City Clerk Passed and adopted on final reading this 17th day of October, A.D. 2000. Mayor ATTEST: City Clerk 2 Descriptio Exhibit Point of ,of Section l NE T6N- 8 Section 33 -i6N-R68w-QPY�A Y ' Proeesed Hangor at Description: All that portion of the Northeast 1/e of Section 33. To rnehip 6 North, Range Be Weal, o/ the 61h P.M., Lorimer County. Colorado more particularly .hip bed as follows;Rang, Considering the East tine of the Northeast 1/e of Section 33, Township 6 North, Range 68 Ir I West, of the BillP.M., Lorimar County, Colorado as bearing S 00'31'31" E and with all I Is earings contained heroin relative thereto. COMMENCE of the Northeast comer of Section 33, Township 6 North, Range 66 West, of East line of NE-1/4 o/ Section JJ the Northeast 1/4 of sold Section 33 for a distance o/ the 6fh P.M., Ladmor County, Colorado; thence run S 00'31'31' E along the East line of I" 1071.Q fed; thence leaving said Y East line run S 89'28'29" W for a distance of 349.73 fool 1. the POINT Of BEGINNING; diafonec of 50-00.00 feet' thence run S f t; thence IN for a oilstone. of 60.50 feat'. Mcneo run N 20'07'10" IN for a (+. run N 69'S. 2'S0' E for a distance of 60.50 foot; thence run gg25O tp 5 20'07'10' E for a distance of 5000 loot to the Point of Beginning. N 6 gOgp N 1 Containing 3025 square feet mom or less. R O� N o ad I$ O.O InngPoae as w.4i O 'O IV 1 O. S 89'28_29" W �m lT�1 proposed Or Oy0 2549.73- X h snt9?r f 6gr025�^ a POINT Of BEGINNING S 10.00' hangs r at., Pha0g" REO °j hang" t9 halts/ Wyly' ,s s o hner site � sa I `r B si 0 / eta 2 NOTE: this is not a monummled brM survey. Oola R e v i a i a n s uM urvey Prepared for. Protect/:98011.017d no ony lo; , action to l upon Idr You must commence n a i° Fort Collina/Loeelaad Municipal Airport oiry• legal action bosh upon any detect w, this survey pu M .thin the" years after you first dscover such defect. In rw event. may any action based upon any defect J b Frederick Land Surveying this survey be commenced more than ten pars from y 1528 blath Uncaln even. - Suite 2 Data: 7-26-00 the date of the certification sM1o.n har JRM eon. Lowbrd. Colorado 80538 1 1��. (9)O) 669-2100 - FAX (970j 669-J7--