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HomeMy WebLinkAbout12745RESOLUTION NO. 12745 A RESOLUTION APPROVING A SMALL LEASE FOR REAL PROPERTY BETWEEN PUEBLO, A MUNICIPAL CORPORATION, AND THE U.S. DEPARTMENT OF TRANSPORTATION, FEDERAL AVIATION ADMINISTRATION, FOR OFFICE SPACE AT THE PUEBLO MEMORIAL AIRPORT AND AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO EXECUTE SAME BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. A certain Small Lease for Real Property, by and between the City of Pueblo, a Municipal Corporation, and the U.S. Department of Transportation, Federal Aviation Administration, for office space located at Pueblo Memorial Airport, 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, is hereby approved, subject to the conditions as set forth in said Small Lease for Real Property. SECTION 2. The President of City Council is hereby authorized to execute said Small Lease for Real Property on behalf of Pueblo, a Municipal Corporation, and the City Clerk shall affix the Seal of the City thereto. SECTION 3. The officers of the City are directed and authorized to perform any and all acts consistent with the intent of this Resolution and the attached instruments to effectuate the transactions described therein. SECTION 4. The Resolution shall become effective immediately upon passage and approval. INTRODUCED: July 22, 2013 BY: Chris Nicoll Background Paper for Proposed R ESOLUTION AGENDA ITEM # M-7 DATE: July 22, 2013 DEPARTMENT: DEPARTMENT OFAVIATION MARK LOVIN, DIRECTOR TITLE A RESOLUTION APPROVING A SMALL LEASE FOR REAL PROPERTY BETWEEN PUEBLO, A MUNICIPAL CORPORATION, AND THE U.S. DEPARTMENT OF TRANSPORTATION, FEDERAL AVIATION ADMINISTRATION, FOR OFFICE SPACE AT THE PUEBLO MEMORIAL AIRPORT AND AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO EXECUTE SAME ISSUE Should the City Council approve a Small Lease for Real Property between the City and the U.S. Department of Transportation, Federal Aviation Administration, for office space at Pueblo Memorial Airport? RECOMMENDATION Approval of this Resolution. BACKGROUND The U.S. Department of Transportation, Federal Aviation Administration, is currently leasing 1,490 square feet of office space in the Terminal building at the Pueblo Memorial Airport for the Federal Aviation Administration’s Radar and Navigational Aids Maintenance Division. They are also leasing ten (10) dedicated parking spaces. The current lease expired September 30, 2012. This lease commences October 1, 2012 and continues through September 30, 2022. FINANCIAL IMPACT The annual rental for the office and parking spaces will be $19,181.88 or $1,598.49 per month.