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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 10/03/2000 - FIRST READING OF ORDINANCE NO. 131, 2000 AUTHORIZI AGENDA ITEM SUMMARY ITEM NUMBER: 13 October 3, 2000 FORT COLLINS CITY COUNCIL DATE: Frank Bruno STAFF: Fred Anderton SUBJECT: First Reading of Ordinance No. 131,2000 Authorizing the Long-term Lease of Property at the Fort Collins-Loveland Municipal Airport to Ron Grob 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,$242.22 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. 131, 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 RON GROB 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,Ron Grob 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 Ron Grob, 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 Ron Grob under the terms and conditions of that certain lease form entitled "Lease Agreement, Cities of Loveland and Fort Collins, Colorado and Ron Grob"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 Descripti n Exhibit Proposed Hangar Site Description, F' All that portion of the Northeast 1/4 of Section 33. Township 6 North, Range 68 West, of Point at C..moncemenl the 6/h P.M., Lorimar County, Colorado mom Particularly described as follows: NE Comer of Section 33—T6N—R68W-6PM� Considering the East line of the Northeast 1/4 of Section 33, Township 6 North, Range 68 West, of the 6th P.M., Lorimar County, Colorado as bearing S 00'3t'31' E and with all bearings contained heroin relative thereto. COMMENCE at the Northeast comer of Section 33. Township 6 North, Range 68 West, of the 61h P.M., Ladmor County, Colorado; thence run S 00'31'31' E along the East line of the Northeast 1/4 of said Section 33 for a distance of 1149.15 foot; thence leaving sold In East line run S 89'28'29' W for a distance of 567.93 foot to the POINT OF BEGINNING; thence run S 69'52'50' W for a distance of 40.37 foot; thence run N 20'07'10' W for a distance of 50.00 feet; thence run N 69'52'50' E for a distance of 40.37 feet; then.. uI- p run S 20'07'1 0' E far a distance of 50.00 fast to the Paint of Beginning. a 3 Containing 2018.75 square feet mom or less. East line If NE-1/4 0l Sadron JJ Im a i�ei// �,/ / /////,1 80ifiibi s s tea proposedhanger 0- 3 A 0 N S 89' .29W y fs 8g,y2 7 26 567.93' 40. 4� i' POINT OF BEGINNING If Oala Revisions mM Survey Pmpcm for. Projed�:98011.01Be na Ya .arty ohm Fart Collins/Lovelmd YtrWclpol Airport Nonce] According to Coupon tar u must commence any legal action bafte upon trey decoct in such survey ..put. y within ohms years after you fist discover any fect i JRM Frederick Lend Surveying In no avoM, may any action bosatl upon any de/act in yawn 1528 North Lincoln Avenue — Suka 2 r"1 this survey ba commenoad nore than ten years from JRM Loveland• ColoradoAve 80538 Date: 8-30-00 the dole of the certification shown hereon. o (970) 669-2100 — FA% (970) 689-3725 ,'D 1 -00' r r� Po n