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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 04/02/2002 - ITEMS RELATING TO SEVEN LONG-TERM LEASES OF PROPER AGENDA ITEM SUMMARY ITEM NUMBER: 17 A-G FORT COLLINS CITY COUNCIL DATE: April 2, 2002 STAFF: Frank Bruno SUBJECT: Items Relating to Seven Long-term Leases of Property at the Fort Collins-Loveland Municipal Airport for the Construction of Aircraft Hangars. RECOMMENDATION: Staff recommends adoption of the Ordinances on First Reading. FINANCIAL. IMPACT: The leases will generate, in land rents for the airport, $5,370 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). 110 EXECUTIVE SUMMARY: A. First Reading of Ordinance No. 053, 2002, Authorizing the Long-Term Lease of Property at the Fort Collins-Loveland Municipal Airport to Fred Triece, III, for the Construction of an Aircraft Hangar. B. First Reading of Ordinance No. 054, 2002, Authorizing the Long-Term Lease of Property at the Fort Collins-Loveland Municipal Airport to Donald R. Eller (Lease "C") for the Construction of an Aircraft Hangar. C. First Reading of Ordinance No. 055, 2002, Authorizing the Long-Term Lease of Property at the Fort Collins-Loveland Municipal Airport to Donald R. Eller (Lease "D") for the Construction of an Aircraft Hangar. D. First Reading of Ordinance No. 056, 2002, Authorizing the Long-Term Lease of Property at the Fort Collins-Loveland Municipal Airport to Bob Ferrero for the Construction of an Aircraft Hangar. E. First Reading of Ordinance No. 057, 2002, Authorizing the Long-Term Lease of Property at the Fort Collins-Loveland Municipal Airport to Owen Morgan for the Construction of an Aircraft Hangar. DATE: April 2 ITEM NUMBER: 17 A-G F. First Reading of Ordinance No. 058, 2002, Authorizing the Long-Term Lease of Property at the Fort Collins-Loveland Municipal Airport to Bill Sheel for the Construction of an Aircraft Hangar. G. First Reading of Ordinance No. 059, 2002, Authorizing the Long-Term Lease of Property at the Fort Collins-Loveland Municipal Airport to Cole Smith for the Construction of Aircraft Hangars. The Airport Manager has negotiated the lease of property for the construction of several aircraft hangars. The hangars will provide a combined total of at least 44,750 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 hangars will generate new revenue for the Airport and help meet the aircraft storage needs of local aircraft owners. The Lease Agreement between the cities of Loveland and Fort Collins,Colorado and the following lessees are on file with the City Clerk of the City of Fort Collins, Colorado. 04/02/02 Airport Lease Master Schedule Annual Square *Lessee Rental Footage Comments Fred Triece III 432.00 3,600 Donald R. Eller Lease "C $374.40 3,120 Donald R. Eller Lease "D" 374.40 3,120 Bob Ferrero 450.00 3,750 Owen Morgan 360.00 3,000 Bill Sheel 360.00 3,000 Cole Smith 3,019.20 25,160 2 hangars Total $5,370.00 44,750 ORDINANCE NO. 053, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LONG-TERM LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT TO FRED TRIECE, III 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 23-111 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, Fred Triece, III, has indicated a desire to lease a portion of airport property, described in the attached Exhibit "A", a copy of which is on file in the office of the City Clerk, 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 property described in Exhibit "A" to Fred Triece, III, 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 the long term lease of the property described in Exhibit "A" to Fred Triece, III, in substantially the form entitled "Lease Agreement, Cities of Loveland and Fort Collins, Colorado and Fred Triece, II1" subject to such modifications in form or substance as the Mayor, in consultation with the City Attorney, may deem necessary to effectuate the purposes of this Ordinance or to protect the interests of the City. 1 Introduced and considered favorably on first reading and ordered published this 2nd day of April, A.D. 2002, and to be presented for final passage on the 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk Passed and adopted on final reading this 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk 2 • ORDINANCE NO. 054, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LONG-TERM LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT TO DONALD R. ELLER (LEASE "C") 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 Latimer 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 23-111 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, Donald R. Eller, has indicated a desire to lease a portion of airport property, described in the attached Exhibit "A", a copy of which is on file in the office of the City Clerk, 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 property described in Exhibit "A" to Donald R. Eller 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 the long term lease of the property described in Exhibit "A" to Donald R. Eller, in substantially the form entitled "Lease Agreement, Cities of Loveland and Fort Collins, Colorado and Donald R. Eller" subject to such modifications in form or substance as the Mayor, in consultation with the City Attorney, may deem necessary to effectuate the purposes of this Ordinance or to protect the interests of the City. 1 Introduced and considered favorably on first reading and ordered published this 2nd day of April, A.D. 2002, and to be presented for final passage on the 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk Passed and adopted on final reading this 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk 2 . ORDINANCE NO. 055, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LONG-TERM LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT TO DONALD R. ELLER (LEASE "D") 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 Latimer 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 23-111 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, Donald R. Eller, has indicated a desire to lease a portion of airport property, described in the attached Exhibit "A", a copy of which is on file in the office of the City Clerk, 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 property described in Exhibit "A" to Donald R. Eller 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 the long term lease of the property described in Exhibit "A" to Donald R. Eller, in substantially the form entitled "Lease Agreement, Cities of Loveland and Fort Collins, Colorado and Donald R. Eller subject to such modifications in form or substance as the Mayor, in consultation with the City Attorney, may deem necessary to effectuate the purposes of this Ordinance or to protect the interests of the City. l Introduced and considered favorably on first reading and ordered published this 2nd day of April, A.D. 2002, and to be presented for final passage on the 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk Passed and adopted on final reading this 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk 2 • ORDINANCE NO. 056, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LONG-TERM LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT TO BOB FERRERO 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 23-1 l t 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, Bob Ferrero has indicated a desire to lease a portion of airport property, described in the attached Exhibit "A", a copy of which is on file in the office of the City Clerk, 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 property described in Exhibit "A" to Bob Ferrero 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 the long term lease of the property described in Exhibit "A" to Bob Ferrero, in substantially the form entitled "Lease Agreement, Cities of Loveland and Fort Collins, Colorado and Bob Ferrero' subject to such modifications in form or substance as the Mayor, in consultation with the City Attorney, may deem necessary to effectuate the purposes of this Ordinance or to protect the interests of the City. 1 Introduced and considered favorably on first reading and ordered published this 2nd day of April, A.D. 2002, and to be presented for final passage on the 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk Passed and adopted on final reading this 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk 2 ORDINANCE NO. 057, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LONG-TERM LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT TO OWEN MORGAN 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 desixing to conduct aeronautical activities and support activities at the airport; 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, Owen Morgan has indicated a desire to lease a portion of airport property, described in the attached Exhibit"A", a copy of which is on file in the office of the City Clerk, 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 property described in Exhibit "A" to Owen Morgan 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 the long term lease of the property described in Exhibit "A" to Owen Morgan, in substantially the form entitled "Lease Agreement, Cities of Loveland and Fort Collins, Colorado and Owen Morgan" subject to such modifications in form or substance as the Mayor, in consultation with the City Attorney, may deem necessary to effectuate the purposes of this Ordinance or to protect the interests of the City. l Introduced and considered favorably on first reading and ordered published this 2nd day of April, A.D. 2002, and to be presented for final passage on the 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk Passed and adopted on final reading this 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk 2 . ORDINANCE NO. 058, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LONG-TERM LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT TO BILL SHEEL 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 23-111 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,Bill Sheel has indicated a desire to lease a portion of airport property,described in the attached Exhibit "A", a copy of which is on file in the office of the City Clerk, 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 property described in Exhibit"A"to Bill Sheel 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 the long term lease of the property described in Exhibit"A"to Bill Sheel,in substantially the form entitled"Lease Agreement, Cities of Loveland and Fort Collins,Colorado and Bill Sheel"subject to such modifications in form or substance as the Mayor, in consultation with the City Attorney,may deem necessary to effectuate the purposes of this Ordinance or to protect the interests of the City. • l Introduced and considered favorably on first reading and ordered published this 2nd day of April, A.D. 2002, and to be presented for final passage on the 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk Passed and adopted on final reading this 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk 2 ORDINANCE NO. 059, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LONG-TERM LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT TO COLE SMITH FOR THE CONSTRUCTION OF AIRCRAFT HANGARS WHEREAS,the Cities of Fort Collins and Loveland( the"Cities")jointly own and manage certain real property in Latimer 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 23-111 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, Cole Smith has indicated a desire to lease two portions of airport property, described in the attached Exhibit "A", a copy of which is on file in the office of the City Clerk, for the construction and maintenance of an aircraft hangar on each lot. 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 Exhibit "A" to Cole Smith 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 the long term lease of the property described in Exhibit "A", to Cole Smith, in substantially the form entitled "Lease Agreement, Cities of Loveland and Fort Collins, Colorado and Cole Smith", subject to such modifications in form or substance as the Mayor, in consultation with the City Attorney, may deem necessary to effectuate the purposes of this Ordinance or to protect the interests of the City. 1 Introduced and considered favorably on first reading and ordered published this 2nd day of April, A.D. 2002, and to be presented for final passage on the 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk Passed and adopted on final reading this 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk