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HomeMy WebLinkAbout063 - 07/03/1990 - AUTHORIZING THE LEASE OF CERTAIN PROPERTY AT THE FORT COLLINS/LOVELAND MUNICIPAL AIRPORT ORDINANCE NO. 63, 1990 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LEASE OF CERTAIN PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT WHEREAS, the Cities of Loveland and Fort Collins, Colorado ("Cities") jointly own and operate the Fort Collins-Loveland Municipal Airport ("Airport") ; and WHEREAS, Rocky Mountain Airways, Inc. , doing business as Continental Express ("Continental ") has proposed to lease certain property subject to completion of a terminal building and related improvements for the principal purpose of conducting commercial air transportation service at the Airport; and WHEREAS, the Cities desire to enter into this lease in order to provide air transportation services for the Cities and their visitors; and WHEREAS, the Council finds, in accordance with Section 23-114 of the Code of the City of Fort Collins, that this being so, the Airline Use and Lease Agreement with Continental is in the best interests of the City of Fort Collins. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1 . That this Airline Use and Lease Agreement is in the best interests of the City of Fort Collins. Section 2. That the Mayor be, and she hereby is, authorized to enter into an Airline Use and Lease Agreement which provides for the following: 1. A guaranteed rental term of five (5) years for the terminal building; 2. Scheduled daily air passenger service to Denver's Stapleton International Airport for a period of twelve (12) months; and 3. Reasonable rental rates and landing fees for use of the Airport. Introduced, considered favorably on first reading, and ordered published this 5th day of June, A.D. 1990, and to be presented for final passage on the 3rd day of July, A.D. 19� 0. 11 � . ayor AT EST: \ I J City Clerk Passed and adopted on final reading this 3rd day of July, A.D. 1990. Mayor TTEST: City Clerk