HomeMy WebLinkAbout1989-224-12/19/1989-AUTHORIZING THE MAYOR TO ENTER INTO A SECOND AMENDED TAXIWAY IMPROVEMENT AND EASEMENT AGREEMENT WITH RESOLUTION 89- 224
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE MAYOR TO ENTER INTO A
SECOND AMENDED TAXIWAY IMPROVEMENT AND EASEMENT
AGREEMENT WITH TRIAD DEVELOPMENT CORPORATION, INC.
WHEREAS, on May 4, 1982, the Cities of Fort Collins and Loveland
(prior to the existence of the Fort Collins-Loveland Airport Authority)
executed the Taxiway Improvement and Easement Agreement with Triad
Development Corporation, Inc. ("Triad") to facilitate the development of
the Industrial Air Park; and
WHEREAS, on May 4, 1984, the Cities of Fort Collins and Loveland and
Triad replaced the May 4, 1982 agreement with one entitled "Amended Taxiway
Improvement and Easement Agreement, " which agreement added the Fort
Collins-Loveland Airport Authority (the "Authority") as a named party; and
WHEREAS, under the 1984 agreement, Triad constructed a taxiway on a
portion of the Fort Collins-Loveland Airport and continuing on to its own
property located adjacent to the Airport, gained certain rights of access
to Airport property and agreed to remit certain self-fueling fees to the
Authority; and
WHEREAS, effective October 8, 1986, the Authority and Triad began
operating under the "Second Amended Taxiway Improvement and Easement
Agreement," which agreement incorporated a new Exhibit 5, resulting in an
increase in the fuelage fees owed by Triad to the Authority; and
WHEREAS, the City Council wishes to ratify the 1986 agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS, COLORADO, that the Mayor be, and he hereby is, authorized to enter
into the Second Amended Taxiway Improvement and Easement Agreement with
Triad Development Corporation, Inc.
Passed and adopted at a regular meeting of the Council of the City of
Fort Collins held this 19th day of December, A.D: 1989.
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Mayor
ATTEST:
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City Clerk