HomeMy WebLinkAbout118 - 08/21/2001 - AUTHORIZING THE LONG-TERM LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND AIRPORT TO COLE SMITH, DBA ORDINANCE NO. 118, 2001
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, DBA SIGNAL CONSTRUCTION,
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, Cole Smith, dba Signal Construction,has indicated a desire to lease a portion
of airport property, described in Exhibit "A," attached hereto and incorporated herein by this
reference, 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 the attached Exhibit"A"
to Cole Smith, dba Signal Construction, 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"with Cole Smith, dba Signal Construction, under the terms and
conditions of that certain lease form entitled"Lease Agreement,Cities of Loveland and Fort Collins,
Colorado and Cole Smith, dba Signal Construction", a copy of which is on file in the office of the
City Clerk and available for public inspection.
Introduced and considered favorably on first reading and ordered published this 17th day of
July, A.D. 2001, and to be presented for final passage on the 21st day of August, A.D. 2001.
oel�
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 21 st day of August, A.D. 2001.
Mayor _
ATTEST:
-- ��Iiynz
City Clerk
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