HomeMy WebLinkAbout128 - 11/15/2005 - AUTHORIZING THE APPROPRIATION OF FUNDS OF THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT FOR EXPENDITUR ORDINANCE NO. 128, 2005
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE APPROPRIATION OF FUNDS OF
THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT FOR EXPENDITURE TO BE
USED TO PURCHASE SNOW REMOVAL EQUIPMENT FOR USE AT THE AIRPORT
WHEREAS, in 1963, the City of Fort Collins and the City of Loveland agreed to the
establishment of 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 of Fort Collins
and the City of Loveland (the "Cities"), with each city retaining a 50% ownership interest,
sharing equally in policy-making and management, and with each assuming responsibility for
50% of the capital and operating costs associated with the Airport; and
WHEREAS, on September 30, 2005, the Colorado Aeronautical Board and the Division
of Aeronautics awarded the Fort Collins-Loveland Municipal Airport an aviation system grant,
in the amount of $250,000, to be used to for aviation purposes, in compliance with grant
procedures and requirements as defined in the Division's Grant Program Project Management
Manual; and
WHEREAS, a portion of the aforementioned grant proceeds was appropriated for capital
improvements in the 2005 Airport operating budget; and
WHEREAS, the Airport Manager recommends that unappropriated grant proceeds,
totaling $160,889, be appropriated and used with other, previously appropriated, Airport funds to
purchase snow removal equipment; and
WHEREAS, the aforementioned grant requires matching funds; and
WHEREAS, said matching funds have already been appropriated and included in the
2005 budget of the Airport; and
WHEREAS, under the Intergovernmental Agreement between the Cities, the City of
Loveland is providing finance and accounting services for the Airport and the City of Fort
Collins' 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 of Fort Collins; and
WHEREAS, in accordance with Article V, Section 8(b), of the Charter of the City of Fort
Collins, any expense or liability entered into by an agent of the City, on behalf of the City, shall
not be made unless an appropriation therefore shall have been made by the City Council.
WHEREAS, it is the desire of the City Council to authorize the appropriation of$80,444
from the proceeds of the aviation system grant from the 2005 Colorado Aeronautical Board and
the Division of Aeronautics, representing the City of Fort Collins' 50% share, to be used to
purchase snow removal equipment at the Airport.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS that the City Council hereby authorizes the appropriation of EIGHTY
THOUSAND FOUR HUNDRED FORTY-FOUR DOLLARS ($80,444) to be used to purchase
snow removal equipment at the Fort Collins-Loveland Municipal Airport.
Introduced, considered favorably on first reading, and ordered published this 2nd day of
November, A.D. 2005, and to be presented for final passage on the 15th day of November, A.D.
2005.
Mayor
ATTEST:
/7`�- ,
City Clerk
Passed and adopted on final reading this 15th day o ovember, A.D. 2005.
May ,
ATTEST:
City Clerk