HomeMy WebLinkAbout077 - 06/19/2007 - AUTHORIZING THE APPROPRIATION OF FUNDS FOR THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT FOR ADDITIONA ORDINANCE NO. 077, 2007
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE APPROPRIATION OF FUNDS FOR
THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT FOR
ADDITIONAL CAPITAL AND OPERATING EXPENSES
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 and
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, the Colorado Aeronautical Board and the Division of Aeronautics (the
"Division") has 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, on June 5, 2007, the City Council adopted Resolution 2007-0 , authorizing
the execution of a grant agreement with the State of Colorado for funding of Airport
expenditures at the Fort Collins-Loveland Municipal Airport; and
WHEREAS, the Airport Manager recommends that the aforementioned unappropriated
grant proceeds, totaling $250,000, be appropriated along with $310,000 in reimbursement funds
from the Industrial Park tenants for cross wind runway construction expenses, and $32,110 from
the Airport's prior year reserves, to be used to construct a new taxiway; reconstruct the cross
wind runway; construct drainage improvements to mitigate storm water run-off; reconstruct
failing taxiways in the hangar area; purchase a storage facility for snow removal equipment; and
hire an Operations and Maintenance Supervisor for the Airport; and
WHEREAS, the aforesaid grant requires matching funds; and
WHEREAS, the matching funds have already been appropriated and included in the 2007
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; and
WHEREAS, it is the desire of the City Council to authorize the appropriation of
$296,055, representing the City of Fort Collins' 50% share of proceeds from the aviation system
grant from the Division ($125,000); reimbursement funds from the Industrial Park tenants
($155,000); and Airport prior year reserves ($16,055), to be used for additional 2007 Airport
operating and capital expenditures.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS that the City Council hereby authorizes the appropriation of TWO HUNDRED
NINETY-SD{ THOUSAND FIFTY-FIVE DOLLARS ($296,055) to be used for additional 2007
Airport operating and capital expenditures.
Introduced, considered favorably on first reading, and ordered published this 5th day of
June, A.D. 2007, and to be presented for final passage o 191h day of June, A. . 2007.
May r
ATTEST:
City Clerk
Passed and adopted on final reading this 19th day e, A.D. 2007,
May
ATTEST:
City Clerk 13