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HomeMy WebLinkAbout09061RESOLUTION NO. 9061 A RESOLUTION EXPRESSING THE CITY COUNCIL'S INTENT TO AUTHORIZE THE EXPENDITURE OF A $250,000.00 SUBSIDY TO SECURE SCHEDULED AIR TRANSPORTATION SERVICES UTILIZING JET AIRCRAFT AT PUEBLO MEMORIAL AIRPORT WHEREAS, the City desires to secure scheduled air transportation services utilizing jet aircraft at Pueblo Memorial Airport, and WHEREAS, scheduled air transportation services utilizing jet aircraft at Pueblo Memorial Airport will promote aeronautics and the furtherance of commerce and navigation by air, serve the public interest, promote the benefit, health and welfare of the City and its citizens, and contribute to the economic development of the City, thereby increasing employment opportunities for the citizens of the City. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1 The City Council of the City of Pueblo does hereby express its intent to appropriate and authorize the expenditure of $250,000.00 to secure scheduled air transportation services utilizing jet aircraft at Pueblo Memorial Airport subject to and contingent upon: (a) a definitive subsidy agreement being entered into between the City and an appropriate commercial airline approved by the City Council; (b) the County of Pueblo appropriating, budgeting and irrevocably making available an equal $250,000.00 subsidy for such purposes; and (c) adoption of an Ordinance by the City Council appropriating and budgeting the sum of $250,000 pledged irrevocably and held for payments under the subsidy agreement. SECTION 2 This Resolution shall become effective upon final passage. INTRODUCED: July 24, 2000 ATTEST: By Al Gurule Councilperson -2- APP VED: ` A eside L nt of the City Council