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HomeMy WebLinkAbout10717ORDINANCE NO. 10717 AN ORDINANCE APPROVING A LEASE AGREEMENT BETWEEN THE CITY OF PUEBLO, A COLORADO MUNICIPAL CORPORATION, AND GOODRICH CORPORATION, A NEW YORK CORPORATION, AUTHORIZED TO DO BUSINESS IN THE STATE OF COLORADO, FOR THE PREMISES KNOWN AS LOT 8, LOT 11, AND PARCEL G, WILLIAM WHITE BOULEVARD, PUEBLO, COLORADO BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The Lease Agreement by and between the City of Pueblo, a Colorado Municipal Corporation, and Goodrich Corporation, a New York Corporation, authorized to do business in the State of Colorado, for the premises known as Lot 8, Lot 11, and Parcel G, William White Boulevard, Pueblo, Colorado attached hereto and having been approved as to form by the Deputy City Attorney, is hereby approved. SECTION 2. The Mayor is hereby authorized to execute and deliver Agreement in the name of the City and the City Clerk shall affix the Seal of the City thereto and attest the same. SECTION 3. The officers and staff of the City are authorized and directed to perform any and all acts consistent with this Ordinance and the Agreement to implement the transactions, policies, and procedures described herein. SECTION 4. This Ordinance shall become effective on the date of final action by the Mayor and City Council. Action by City Council: Introduced and initial adoption of Ordinance by City Council on May 13, 2024. Final adoption of Ordinance by City Council on May 28, 2024. ____________________________ President of City Council Action by the Mayor: Approved on _______________. Disapproved on ______________ based on the following objections: ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ____________________________ Mayor Action by City Council After Disapproval by the Mayor: Council did not act to override the Mayor's veto. Ordinance re-adopted on a vote of ____________, on _____________ ____________________________ President of City Council ATTEST ________________________________ Deputy City Clerk City Clerk's Office Item # R9 Background Paper for Proposed Ordinance COUNCIL MEETING DATE: May 28, 2024 TO: President Mark Aliff and Members of City Council CC: Mayor Heather Graham VIA: Marisa Stoller, City Clerk FROM: Harley Gifford SUBJECT: AN ORDINANCE APPROVING A LEASE AGREEMENT BETWEEN THE CITY OF PUEBLO, A COLORADO MUNICIPAL CORPORATION, AND GOODRICH CORPORATION, A NEW YORK CORPORATION, AUTHORIZED TO DO BUSINESS IN THE STATE OF COLORADO, FOR THE PREMISES KNOWN AS LOT 8, LOT 11, AND PARCEL G, WILLIAM WHITE BOULEVARD, PUEBLO, COLORADO SUMMARY: This Ordinance would approve a Lease Agreement with Goodrich Corporation to allow Goodrich Corporation to utilize City-owned land for the purpose of installing a fence line monitoring system required for compliance with the Colorado Department of Public Health and Environment-AQD. PREVIOUS COUNCIL ACTION: On April 22, 2024, City Council approved Resolution No. 15614, which approved a Revocable Permit by and between the City of Pueblo and Goodrich Corporation for the use of Lot 8, Lot 11, and Parcel G, William White Boulevard, Pueblo, Colorado for the purpose of installing a fence line monitoring system required by the Colorado Department of Health and Environment AQD. BACKGROUND: Goodrich Corporation is seeking land in addition to its current location at 50 William White Boulevard, Pueblo, Colorado 81001 for the purpose of air quality fence line testing. The location of the leased premises is ideal for this purpose as the lots and parcel are undeveloped land. FINANCIAL IMPLICATIONS: Goodrich Corporation will remit to the City $7,842.00 per month during the 10-year Lease Agreement with increases as described in the Lease Agreement. BOARD/COMMISSION RECOMMENDATION: Not applicable to this Ordinance. STAKEHOLDER PROCESS: Not applicable to this Ordinance. ALTERNATIVES: City Council may choose not to approve the Lease Agreement, in which case, Goodrich Corporation will need to find alternative resources to remain compliant with the State of Colorado. RECOMMENDATION: Approval of this Ordinance. ATTACHMENTS: 1. Collins Aerospace Goodrich Lease Agreement