HomeMy WebLinkAbout1992-124-08/04/1992-FAA FORT COLLINS/LOVELAND AIRPORT GRANT 3-08-0023-02 GRANT AGREEMENT RESOLUTION 92-124
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE MAYOR TO EXECUTE A GRANT AMENDMENT AGREEMENT
WITH THE UNITED STATES FEDERAL AVIATION ADMINISTRATION
WHEREAS, the Cities of Loveland and Fort Collins, Colorado ("Cities")
jointly own and operate the Fort Collins-Loveland Municipal Airport ("Airport") ;
and
WHEREAS, the Cities have previously accepted Federal Aviation
Administration ("FAA") Grant No. 3-08-0023-02 (acquisition of property) for
$1 ,738,223. 19; and
WHEREAS, the Airport has spent monies in excess of the grant amount to
complete Project No. 3-08-0023-02, and a grant amendment to reimburse the Airport
for such additional expenditures was presented to the FAA for approval ; and
WHEREAS, the FAA has offered to provide the Cities with a grant amendment
in the sum of $65,000.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS
as follows:
Section 1 . That the City of Fort Collins, Colorado, shall , as co-sponsor
with the City of Loveland, Colorado, accept the grant amendment offer in the sum
of Sixty-five Thousand Dollars ($65,000) from the FAA for financial assistance
for Project No. 3-08-0023-02.
Section 2. That the Mayor be, and hereby is, authorized to enter into a
Grant Amendment Agreement between the City of Fort Collins, the City of Loveland
and the FAA for the receipt of amended grant funds to reimburse the Airport for
said project, in the amount of Sixty-five Thousand Dollars ($65,000) .
Passed and adopted at a regular meeting of City Council held this 4th
day of August, A.D. , 1992.
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ATTEST:
City Clerk