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HomeMy WebLinkAbout2005-074-07/19/2005-AUTHORIZING THE CITY MANAGER TO EXECUTE A CAPITAL FUNDING GRANT AGREEMENT WITH THE FEDERAL AVIATION RESOLUTION 2005-074 OF THE COUNCIL OF THE CITY OF FORT COI-LINS AUTHORIZING THE CITY MANAGER TO EXECUTE A CAPITAL FUNDING GRANT AGREEMENT WITH THE FEDERAL AVIATION ADMINISTRATION FOR IMPROVEMENTS AT THE FORT COLLINS-LOVELAND AIRPORT WHEREAS, the Cities of Fort Collins and Loveland jointly own and operate the Fort Collins-Loveland Municipal Airport (Airport); and WHEREAS, the Cities, through Resolution 1994-I10, have adopted an Operating and Development Policy, an Airport Capital Improvement Program, and Airport Layout Plans; and WHEREAS, the Airport has developed a twenty-year Capital Improvement Program which is consistent with the above Resolution; and WHEREAS, the Federal Aviation Administration provides grant funding to eligible airports to enable those airports to pursue, in a timely manner, required capital improvements included within an adopted Capital Improvement Program; and WHEREAS, the Cities have applied for, and have been offered, a capital funding grant from the Federal Aviation Administration in the amount of $1,150,000 for the purpose of funding the projects as identified in the proposed Grant Agreement on file with the City Clerk; and WHEREAS, the Cities have budgeted and appropriated the grant funds, including local matching funds in the amount of $30,260 necessary to accept this grant from the Federal Aviation Administration. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Manager is hereby authorized to enter into the Grant Agreement for the capital funding grant identified above, which agreement shall be in substantially the form which is on file with the City Clerk of the City of Fort Collins, Colorado, subject to such modifications in form or substance as the City Manager, in consultation with the City Attorney, may deem necessary to effectuate the purposes of this Resolution or to protect the interests of the City. Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 19th day of July, A.D. 2005. r ' Mayor ATTEST: City Clerk City Clerk