HomeMy WebLinkAbout8642RESOLUTION NO. 8642
A RESOLUTION APPROVING AN AGREEMENT BETWEEN THE UNITED STATES
OF AMERICA AND THE CITY OF PUEBLO, A MUNICIPAL CORPORATION, FOR
THE RELEASE OF LAND (LOT 72) TO BE CONVEYED TO CHEMICAL
MARKETING CONCEPTS, INC., AND SAMPLE CENTER REALTY COLORADO,
INC., AND AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO EXECUTE
SAME
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, THAT:
SECTION 1
An Agreement, a copy of which is attached hereto and made a part hereof by reference after
having been approved as to form by the City Attorney, by and between the United States of
America and the City of Pueblo, a Municipal Corporation, to establish a Special Airport
Improvement Trust Fund in the amount of $91,000 being the appraised value and the proceeds
of the sale of Lot 72 (10.12 acres of land) located at Pueblo Memorial Airport and sold to
Chemical Marketing Concepts, Inc., and Sample Center Realty Colorado, Inc.
SECTION 2
Within five years of the date of the Agreement, this sum will be expended for approved Airport
development. It is understood and agreed that this amount will not be eligible as Owner
Matching Funds for development under the Airport Improvement Program (AIP).
SECTION 3
The President of the Council
City of Pueblo, a Municipal
thereto and attest the same.
ATTEST:
is hereby authorized to execute said Agreement on behalf of the
Corporation, and the City Clerk shall affix the Seal of the City
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INTRODUCED March 22, 1999
BY Al Gurule
Councilperson
APP VED:
�side of City Council
Pit � 071Z j" M�_
flWo& 3.22 99
Council Agenda
RESOLUTION APPROVING AN AGREEMENT
BETWEEN THE UNITED STATES OF AMERICA
TITLE AND THE CITY OF PUEBLO FOR RELEASE OF
LAND TO CHEMICAL MARKETING CONCEPTS &
SAMPLE CENTER REALTY COLORADO AGENDA ITEM #
DEPARTMENT PUEBLO MEMORIAL AIRPORT DATE: MARCH 22, 1999
Agreement from the United
Release to the City of Puebl o
Center Realty Colorado, Inc.
RECOMMENDATION
Approval of the Agreement.
BACKGROUND
States of America for the transfer of property by Deed of
for sale to Chemical Marketing Concepts, Inc., and Sample
A resolution was passed on November 23, 1998, approving an agreement between the City
of Pueblo and Chemical Marketing Concepts, Inc., and Sample Center Realty Colorado, Inc.,
relating to the transfer of land (Lot 72) at the Pueblo Memorial Airport (Resolution No.
8577). This agreement with the United States is for the same land. After this agreement
is signed and returned to the FAA, the Deed of Release can be approved.
FINANCIAL IMPACT
A Special Airport Improvement Trust Fund in the amount of $91,000, (which is the
appraised value of the land) and the proceeds of the sale of Lot 72 (10.12 acres of land) to
Chemical Marketing Concepts, Inc., and Sample Center Realty Colorado, Inc., is to be
established. Within five years of the date of the Agreement, this sum will be expended for
approved Airport Development.
RECEIVED
AGREEMENT APR p 61999
THIS AGREEMENT made and entered into the FM rP E N _ A P of
March , 1999, by and between the UNITED STATES OF AMERICA, party of
the first part, acting by and through the Federal Aviation Administration, hereinafter referred
to as the FAA, and the CITY OF PUEBLO, body politic under the laws of the State of
Colorado, hereinafter referred to as Owner.
WHEREAS, the United States of America on the 20th day of July, 1948,
did transfer certain property to the Owner by Quitclaim Deed, which property is located and
described on the attached Exhibit "A" and,
WHEREAS, the United States of America did issue 37 separate Grant
Offers and such offers were accepted by the Owner; and,
WHEREAS, said Quitclaim Deed and the Several Grant Agreements
contained reservations, restrictions, and conditions, and,
WHEREAS, Owner has requested the FAA to execute a Deed of Release
whereby it would release the said property, described in the attached Exhibit "A ", from all the
reservations, restrictions, and conditions as set forth in the said Quitclaim Deed and Grant
Agreement Assurances; and,
WHEREAS, the Owner intends to dispose of said land free and clear of the
reservations, restrictions, and conditions and receive other valuable consideration therefor;
NOW THEREFORE, for and in consideration of the FAA's releasing of
said described land from said reservations, restrictions, and conditions, the Owner hereby
agrees as follows:
1. To expend a sum of $91,000 within five (5) years after the date of execution
of this agreement for Airport Development. It is understood and agreed that this amount will
not be eligible as Owner Matching Funds for development under the Airport Improvement
Program (AIP) or successor programs. Projects to be accomplished during the five (5) years
are those projects described in the 1998 -2002 Airport Capital Program (ACP).
2. To maintain accurate records of expenditures of the $91,000 sum, which
will be in accordance with accepted business practices and open for inspection by FAA at any
time for three years after the date of completion of the item.
3. To incorporate in any deed of transfer of such land any reservation or
restriction which is reserved or retained in the Deed of Release to protect the rights and
interests of the public in the airport and to preserve its use as a safe and usable airfield.
IN WITNESS WHEREOF, the parties hereto have executed this
Agreement on the ?� _ day of A� t4. ' 1999.
- y
Title 6 (�j et f'
ATTEST:
(SEAL) .
CITY ERK
CITY ATTO NEy
WITNESSES THE UNITED STATES OF AMERICA
By
Manager, Airports District Office
Federal Aviation Administration
Department of Transportation
A parcel of land located in the City of Pueblo, County of Pueblo, State of Colorado to -wit:
Lot 72, Pueblo Memorial Airport Industrial Park Subdivision according to the recorded
plat thereof filed for record October 11, 1995, in Book 2836 at Pages 665 -670 in the
records of the Pueblo County Clerk and Recorder, located within a portion of the N 1 /2 of
Section 29, Township 20 South, Range 63 West of the Sixth Principal Meridian, County
of Pueblo, State of Colorado, being more particularly described as follows:
BEGINNING at the SE corner of said Lot 72, from which the E 1 /4 corner bears S
70 0 58'33 "E (bearings based on the east line of the NE 1 /a of said Section 29, monumented
at each end by a 1 1 /2" brass cap on iron pipe set in a 1' x 1' concrete pad, to bear S
51 as established on the plat thereof) a distance of 1996.08 feet; thence S
88 0 24'01 "W along the northerly right of way line of United Avenue a distance of 615.91
feet to the SW corner of Lot 72; thence N 01'35'59 "W along the west line of Lot 72, a
distance of 715.78 feet; thence N 88 °25'39 "E along the north line of said Lot 72 a
distance of 615.91 feet to the NE corner of said Lot 72; thence S 01'35'59"E along the
east line of said Lot 72, a distance of 715.49 feet to the POINT OF BEGINNING.
Said Parcel contains 10.12± acres.