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HomeMy WebLinkAbout09373RESOLUTION NO. 9373 A RESOLUTION APPROVING SUPPLEMENT NO. 1 TO MASTER GROUND LEASE NO. DTFAll -94 -L -15088 BETWEEN PUEBLO, A MUNICIPAL CORPORATION, AND THE UNITED STATES OF AMERICA, AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME WHEREAS, the City of Pueblo entered into a Lease Agreement with the U. S. Government effective October 27, 1994; and WHEREAS, the Lease expires September 30, 2001; and WHEREAS, the City of Pueblo and the U.S. Government mutually agree to extend said lease for a period of twenty (20) years; now, therefore BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. A certain Supplement No. 1 to Master Ground Lease No. DTFA11 -94 -L- 15088, 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 City of Pueblo, a Municipal Corporation, and the United States of America, covering the lease of land for aircraft navigational aids located at Pueblo Memorial Airport, be and the same is hereby approved. SECTION 2, The President of City Council is hereby authorized to execute said Lease Agreement on behalf of Pueblo, a Municipal Corporation, and the City Clerk shall affix the Seal of the City thereto and attest the same. INTRODUCED: August 27, 2001 BY: Corrine, Koehl APPROVED: �R'Sfl)ENT OF OTY COUNCIL ATTESTED B �YC LER K U.S. DEPARTMENT OF TRANSPORTATION FEDERAL AVIATION ADMINISTRATION NORTHWEST MOUNTAIN REGION 1601 LIND AVE. SW RENTON, WA. 98055 Supplement No. 1 to Master Ground Lease No. DTFA11-94 -L -15088 Pueblo, CO. SUPPLEMENTAL AGREEMENT NO. 1 is made and entered into this 27t hday of A ug. , 2001, by and between the City of Pueblo hereinafter referred to as the Lessor and the United States of America, hereinafter referred to as the Government: WHEREAS, the Lessor and Government entered into to Lease No. DTFAll -94 -L -15088 (effective 10/27/94); and WHEREAS, the Lease expires September 30, 2001; and WHEREAS, the Government and Lessor mutually agree to extend said lease for a period of 20 years. NOW THEREFORE, said lease is amended in the following particulars and in no others: Paragraph 1. TERM AND DESCRIPTION OF LEASED PREMISES is hereby amended as follows: Delete the expiration date "September 30, 2001 ". Add new expiration date "September 30,2021". ALL OTHER TERMS AND CONDITIONS OF THE LEASE are hereby ratified and except as amended hereinabove, shall be and remain the same. The Government and the Lessor agree to the provisions of this lease supplement as indicated by the signatures of their duly authorized representatives. CIT Title: President of City Council Date: Atjqijqt 27, 2001 U.S. GOVERNMENT B y: va � , , ' L ,- Title: Contracting Officer Date: Background Paper for Proposed RESOLUTION AGENDA ITEM # _j DATE: August 17, 2001 DEPARTMENT: AVIATION - JOHN ONEAL TI A RESOLUTION APPROVING SUPPLEMENT NO. 1 TO MASTER GROUND LEASE NO. DTFA11 -94 -L -15088 BETWEEN PUEBLO, A MUNICIPAL, CORPORATION, AND THE UNITED STATES OF AMERICA, AND AUTHORIZING THE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME ISSUE Should City Council Supplement No. 1 to a Master Ground Lease Agreement between the City of Pueblo and the United States of America. RECOMMENDATION Approval of this Resolution. BACKGROUND On September 26, 1994, City Council approved a Master Ground Lease under Resolution No. 7476. This lease covers property used by the Federal Aviation Administration for aircraft navigational aids. This lease does not offer financial compensation since the navigational aids are considered to be of benefit to the flying public. The term of the initial lease is due to expire on September 30, 2001 and the U.S. Government wishes to extend this lease for twenty (20) years. FINANCIAL IMPACT None.