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HomeMy WebLinkAbout075 - 05/18/1999 - AUTHORIZING THE LONG-TERM LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT TO MIKE S ORDINANCE NO. 75, 1999 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE LONG-TERM LEASE OF PROPERTY AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT TO MIKE S. HOFFMAN 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 Latimer 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 23-114 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, Mike S. Hoffman has indicated a desire to lease a portion of airport property, described as follows and hereinafter referred to below as "the Lot", for the construction and maintenance of an aircraft hangar: Hangar Site A: All that portion of the Northeast'/4 of Section 33,Township 6 North,Range 68 West of the 6th Principal Meridian,Larimer County,Colorado more particularly described as follows: Considering the East line of the Northeast'/4 of Section 33,Township 6 North,Range 68 West of the 6th Principal Meridian, Latimer County, Colorado as bearing S 00' 31' 3 1" E and with all bearings contained herein relative thereto. Commencing at the Northeast corner of Section 33, Township 6 North, Range 68 West of the 6th Principal Meridian,Larimer County,Colorado;thence run S 00'31' 3 1" E along the East line of the Northeast '/4 of said Section 33 for a distance of 1,263.73 feet; thence leaving said East line run S 89' 28'29" W for a distance of 421.53 feet to the POINT OF BEGINNING; thence run S 70' 01' 13" W for a distance of 60.00 feet; thence run N 19' 58' 47" W for a distance of 60.00 feet; thence run N 70' 01' 13" E for a distance of 60.00 feet; thence run S 19' 58' 47" E for a distance of 60.00 feet to the Point of Beginning. Containing 3,600 square feet or 0.08 acres more or less. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the proposed lease of the Lot to Mike S.Hoffman 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 a long term lease of the Lot to Mike S. Hoffman under the terms and conditions of that certain lease form entitled "Lease Agreement, Cities of Loveland and Fort Collins, Colorado and Mike S. Hoffman" which is on file with the City Clerk of the City of Fort Collins, Colorado. Introduced and considered favorably on first reading and ordered published this 4th day of May, A.D. 1999, and to be presented for final passage on the 18th day of May, A.D. 1999. Mayor ATTEST: City Clerk Passed and adopted on final reading this 18th day of May, A.D. 1999. Mayor ATTEST: City Clerk O ?/ 149elptY5