HomeMy WebLinkAbout144 - 12/16/2008 - AUTHORIZING THE APPROPRIATION OF 2009 FISCAL YEAR OPERATING AND CAPITAL IMPROVEMENT FUNDS FOR THE FO ORDINANCE NO. 144, 2008
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE APPROPRIATION OF 2009 FISCAL YEAR
OPERATING AND CAPITAL IMPROVEMENT FUNDS FOR
THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT
WHEREAS, in 1963, the City and the City of Loveland agreed to establish a regional
general aviation facility and became owners and operators of the Fort Collins-Loveland
Municipal Airport (the "Airport"); and
WHEREAS, the Airport is operated as a joint venture between the City and the City of
Loveland (the "Cities"), with each city retaining a 50% ownership interest, sharing equally in
policy-making and management, and assuming responsibility for 50% of the capital and
operating costs associated with the Airport; and
WHEREAS, in accordance with the Intergovernmental Agreement, dated May 16, 2000,
between the City and the City of Loveland for the joint operation of the Airport, the Airport
Manager is responsible for preparing the Airport's Annual Operating Budget and submitting it to
the Cities for their approval; and
WHEREAS, the Airport Manager has submitted a 2009 Airport Operating Budget
totaling $722,700 and the City's share is $361,350; and
WHEREAS, it is the desire of the City Council to appropriate the necessary funds for
operating costs of the Airport, totaling $361,350, for the fiscal year beginning January 1, 2009,
and ending December 31, 2009; and
WHEREAS, the Airport Manager recommends the following capital improvements for
2009, totaling $1,582,230,that are not included in the 2009 Airport Operating Budget:
Taxiway Improvements and Security Fencing & Gates-Phase I $ 1,052,630
Aircraft Rescue & Fire Fighting Training Supplies 19,000
Airfield Maintenance Equipment 11,000
Rehabilitate Portions of Hangar Taxiways 249,600
Security Fence and Gates-Phase II 250,000
Total $ 1,582,230
WHEREAS, funding for the 2009 capital improvements has been identified as follows:
FAA Entitlement Grants $ 1,000,000
State Grant 450,000
Airport Revenues 132,230
Total $ 1,582,230
WHEREAS, the City's 50% share of the 2009 capital improvement costs is $791,115;
and
WHEREAS, under the Intergovernmental Agreement between the Cities, the City's share
of existing and unanticipated Airport revenue will be held and disbursed by the City of Loveland
as an agent on behalf of the City since the City of Loveland is providing finance and accounting
services for the Airport; and
WHEREAS, in accordance with Article V, Section 8(b), of the City Charter, any expense
or liability entered into by an agent of the City, on behalf of the City, shall not be made unless an
appropriation therefor shall have been made by the City Council.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS as follows:
Section 1. That the City Council hereby adopts the 2009 Airport Operating Budget and
authorizes the appropriation of THREE HUNDRED SIXTY-ONE THOUSAND THREE
HUNDRED FIFTY DOLLARS ($361,350) to be expended to defray the operating costs of the
Fort Collins-Loveland Municipal Airport.
Section 2. That the City Council hereby authorizes the appropriation of SEVEN
HUNDRED NINETY-ONE THOUSAND ONE HUNDRED FIFTEEN DOLLARS ($791,115)
to be used for 2009 capital improvements at the Fort Collins-Loveland Municipal Airport.
Introduced, considered favorably on first reading, and ordered published this 2nd day of
December, A.D. 2008, and to be presented for final passage on the 16th day of December, A.D.
2008.
2zll
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading on the 16th day o ec, tuber, A.D. 2008.
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MayW
ATTEST:
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City Clerk