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HomeMy WebLinkAbout059 - 04/16/2002 - AUTHORIZING THE LONG-TERM LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT TO COLE S 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 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 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. I 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. "110 Mayor ATTEST: u h ,�L-ig.,� — City Clerk Passed and adopted on final reading this 16th day of April, A.D. 2002. Mayor ATTEST: o City Clerk 2