HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 08/17/2004 - RESOLUTION 2004-097 AUTHORIZING THE CITY MANAGER T ITEM NUMBER: 19
AGENDA ITEM SUMMARY DATE: August 17, 2004
FORT COLLINS CITY COUNCIL STAFF: Dave Gordan
SUBJECT
Resolution 2004-097 Authorizing the City Manager to Execute a Car Rental Concession Agreement
at the Fort Collins-Loveland Municipal Airport with Enterprise Leasing Company of Denver.
RECOMMENDATION
Staff recommends adoption of the Resolution.
FINANCIAL IMPACT
The lease will generate approximately $10,000 of income annually. There are no City expenses
associated with the start up of this lease.
EXECUTIVE SUMMARY
Enterprise Leasing Company of Denver wishes to lease space in the airport terminal building as a
rental car outlet to service the traveling public. The Agreement is for up to a two year period
beginning September 1,2004. The leased area includes 133 square feet of counter area and parking
spaces for staging rental cars. In addition to the $15.00 per square foot rental rate for the counter
area the Agreement requires an additional payment of 10% of gross rental income, and a $50 per
month payment for each of 4 parking spaces. The Agreement will provide a new revenue source for
the airport and provide increased services to the public. A copy of the Agreement is on file with the
City Clerk's Office.
RESOLUTION 2004-097
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE CITY MANAGER TO EXECUTE A
CAR RENTAL CONCESSION AGREEMENT
AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT
WITH ENTERPRISE LEASING COMPANY OF DENVER
WHEREAS, the Cities of Fort Collins and Loveland (the "Cities")jointly own and operate
the Fort Collins-Loveland Municipal Airport(the"Airport"),including the Terminal located on said
Airport; and
WHEREAS, pursuant to Section 23-114(a) of the Code of the City of Fort Collins (the
"Code"), 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, Section 23-114(b) of the Code defines a lease as a contract by which the City
grants to another the right to possess,use and enjoy any real property owned by the City for ten(10)
days or longer, in exchange for the payment of rent in a stipulated amount; 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, Enterprise Leasing Company of Denver has indicated a desire to enter into a
concession agreement that would allow it the use of a portion of the Terminal,consisting of a sales
counter and area of approximately 133 square feet, and a portion of the Terminal parking lot, for a
period of up to two years, in order to conduct the business of renting motor vehicles at the Airport.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS, COLORADO as follows:
Section 1. That it is in the best interests of the City to execute a concession agreement
with Enterprise Leasing Company of Denver pursuant to the terms of the Car Rental Concession
Agreement, a copy of which is on file in the Office of the City Clerk,for that portion of the Airport
premises described herein.
Section 2. That the City Manager is hereby authorized to execute said Car Rental
Concession Agreement, 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
Resolution or to protect the interests of the City.
Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 17th
day of August, A.D. 2004.
Mayor
ATTEST:
City Clerk
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