HomeMy WebLinkAbout058 - 04/16/2002 - AUTHORIZING THE LONG-TERM LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT TO BILL S 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.
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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
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