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HomeMy WebLinkAbout1987-187-12/15/1987-AUTHORIZING THE CONSTRUCTION OF A BUILDING AT THE FORT COLLINS-LOVELAND AIRPORT FOR A SUM NOT TO EXC RESOLUTION 87-187 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE CONSTRUCTION OF A BUILDING AT THE FORT COLLINS-LOVELAND AIRPORT FOR A SUM NOT TO EXCEED FIFTY THOUSAND DOLLARS WHEREAS, the City of Fort Collins has issued sales and use tax bonds for the construction of capital improvements at the Fort Collins-Loveland Airport; and WHEREAS, the Cities of Fort Collins and Loveland have entered into an agreement whereby the City of Loveland will pay to the City of Fort Collins one-half of the debt service for the bond indebtedness incurred by the City for such capital projects; and WHEREAS, the Airport Authority has determined that the facilities at the airport should be expanded by the purchase and construction of an additional building, which is currently available at a reasonable price. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1 . The City of Fort Collins is authorized to construct at the Fort Collins-Loveland Airport a , facility of approximately 2,500 square feet, costs of which are to be allocated as follows: a. The sum of $7,500 for the purchase, removal , relocation and reassembly of the structure. b. The sum of ' $20 , 000 for concrete materials , all utilities, telephone and other services to provide service to the structure, including electrical , sewer and water lines and taps. C. The sum of $22,500 for labor, landscaping, site improvements, painting, repair, carpeting and furnishings. Section 2. The City Manager is authorized to enter into contracts and agreements to acquire, construct and complete the airport facility which is herein described. The construction of the airport described in this resolution shall be only undertaken after the City of Loveland has given its consent/and ratification to the terms which are contained in this Resolution not later than December 17, 1987. Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 15th day of December, A.D. 1987. Mayor ATTEST: City Clerk i,� I � riati