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HomeMy WebLinkAbout1984-073-04/17/1984-APPROVING A HANGAR AGREEMENT OPTION WITH LEASE AGREEMENT BETWEEN THE FORT COLLINS-LOVELAND AIRPORT A RESOLUTION 84- 73 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING A HANGAR AGREEMENT OPTION WITH LEASE AGREEMENT BETWEEN THE FORT COLLINS-LOVELAND AIRPORT AUTHORITY AND HEWLETT-PACKARD COMPANY, A CALIFORNIA CORPORATION WHEREAS, the Fort Collins-Loveland Airport Authority, ( "Airport Authority") is operating the Fort Collins-Loveland Airport; and WHEREAS the Fort Collins-Loveland Airport Authority has entered into P Y negotiations with Hewlett-Packard Company, wherein that company would construct certain hangar improvements at the Fort Collins-Loveland Airport and thereafter rent the same from the Airport Authority; and WHEREAS, the Airport Authority has negotiated an Option with Lease agreement wherein Hewlett-Packard would option for lease Airport Authority property; and WHEREAS, the Cities of Fort Collins and Loveland may disapprove of any long-term lease agreement entered into by the Airport Authority. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF YHE CITY OF FORT COLLINS that the proposed Hangar Agreement and Option with Lease, to be entered into between the Fort Collins-Loveland Airport Authority and Hewlett-Packard Company are hereby approved by the City of Fort Collins. Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 17th day of April , A.D. 1984. Mayor / ATTEST: City CLerk