HomeMy WebLinkAbout08978RESOLUTION NO. 8978
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 65) TO BE CONVEYED TO 515 ANIMAS, 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 $111,000 being the appraised value and the
proceeds of the sale of Lot 65 (10.22 acres of land) located at Pueblo Memorial Airport and
sold to 515 Animas, 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 is hereby authorized to execute said Agreement on behalf of the
City of Pueblo, a Municipal Corporation, and the City Clerk shall affix the Seal of the City
thereto and attest the same.
INTRODUCED ADri 1 10. 2000
BY Al Gurul e
Councilperson
ATTEST:
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APPRO ED:
President of City Council
Council Agenda
RESOLUTION APPROVING AN AGREEMENT
BETWEEN THE UNITED STATES OF AMERICA
TITLE: AND THE CITY OF PUEBLO FOR RELEASE OF
LAND TO 515 ANIMAS, INC.
AGENDA ITEM #
DEPARTMENT: PUEBLO MEMORIAL AIRPORT DATE: APRIL 10, 2000
ISSUE
Agreement from the United States of America for the transfer of property by Deed of
Release to the City of Pueblo for sale to 515 Animas, Inc.
RECOMMENDATION
Approval of the Agreement.
BACKGROUND
A resolution was passed on March 27, 2000, approving an agreement between the City
of Pueblo and McCallin Diversified Industries, Inc. and 515 Animas relating to the transfer
of land (Lot 65) at the Pueblo Memorial Airport (Resolution No. 8953). 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 $111,000, (which is the
appraised value of the land) and the proceeds of the sale of Lot 65 (10.22 acres of land)
to 515 Animas, Inc., is to be established. Within five years of the date of the Agreement,
this sum will be expended for approved Airport Development.