HomeMy WebLinkAbout05932RESOLUTION NO 593
that:
A RESOLUTION APPROVING AN AGREEMENT BETWEEN THE
UNITED STATES OF AMERICA AND THE CITY OF
PUEBLO, A MUNICIPAL CORPORATION, AND
AUTHORIZING THE PRESIDENT OF THE COUNCIL TO
EXECUTE SAME
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PUEBLO,
SECTION 1.
An Agreement dated November 24, 1986 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 $48,600.00 being the appraised value and the
proceeds of the sale of 4.47 acres of land located at Pueblo
Memorial Airport and sold to the Kurt Manufacturing Company.
SECTION 2.
Within five (5) 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
matching funds for development under the Ai
(AIP).
SECTION 3.
The President of the City Council
execute said Agreement on behalf of Pueblo,
and the City Clerk shall affix the Seal of
attest the same.
not be eligible as owner
rport Improvement Program
is hereby authorized to
a Municipal Corporation,
the City thereto and
Introduced NoyemhPr 24 ,1986
By ALLYN MIDDELKAMP
Councilman
ATTEST: APPRO D:
v L
y Clerk President of the City Council
AGREEMENT
THIS AGREEMENT made and entered into the
19 q(,, by and between the UNITED STATES OF AMER
part, acting by and through the Federal Aviation
hereinafter referred to as the FAA, and.the CITY
politic under the laws of the State of Colorado,
to as Owner.
�4 day of _ ,
ICA, party of first
Administration,
OF PUEBLO, body
hereinafter referred
WHEREAS, the United States of America on the 20th day of July,
1948, did transfer certain property to the Owner by Quitclaim Deed,
which property is located and described on the attached Exhibit "A ";
and,
WHEREAS, the United States of America did issue 22 separate Grant
Offers and such offers were accepted by the Owner; and,
WHEREAS, said Quitclaim Deed and the Several Grant Agreements
contained reservations, restrictions, and conditions, and,
WHEREAS, Owner has requested the FAA to execute a Deed of Release
whereby it would release the said described property from all the
reservations, restrictions, and conditions as set forth in the said
Quitclaim Deed and Grant Agreement Assurances; and,
WHEREAS, the Owner intends to dispose of said land free and clear
of the reservations, restrictions, and conditions and receive other
valuable consideration therefor;
NOW, THEREFORE, for and in consideration of the FAA's releasing
of said described land from said reservations, restrictions, and
conditions, the Owner hereby agrees as follows:
1. To expend a sum of $48,600.00 within five (5) years after
the date of execution of this agreement for Airport Devel- opment. It is
understood and agreed that this amount will not be eligible as Owner
Matching Funds for development under the Airport Improvement Program
(AIP). Projects to be accomplished during this five (5) years are
those projects described in the 1984 -87 AIP application as updated
annually.
2. To maintain accurate records of expenditures which will be
in accordance with accepted business practices and open for inspection
by FAA at any time for three years after the date of completion of the
item.
r.
3. To incorporate in any deed of transfer of such land any
reservation or restriction which is reserved or retained in the Deed of
Release to protect the rights and interests of the public in the
airport and to preserve its use as a safe and useable airfield.
IN WIT F
SS THERE the p rties hereto have executed this Agreement
on the �? day of 19 1g g
WITNESSES
�qPOeoeej AS To 1� By
J
Title
4U�
OL ATTEST: J
(SEAL)
s
WITNESSES THE UNITED STATES OF AMERICA
Manager, Airports District Office
Federal Aviation Administration
Department of Transportation
EXHIBIT " A "
A parcel of land located in the County of Pueblo, State of Colorado,
to -wit:
A parcel of land being a portion of the N 1/2 of the SW 1/4 and the
S 1/2 of the NW 1/4 of Section 30, Township 20 South, Range 63 West of
the 6th Principal Meridian, being more particularly described as
follows:
Commencing at a point from which the NW corner of said Section 30 bears
N 15 41' 24" W (Bearings are based on the North line of said Section
30 to bear N 89° 59' 27" E), a distance of 2371.24 feet; thence S 01°
31' 26" E, a distance of 220.00 feet to the True Point of Beginning;
thence N 88° 26' 39" E, a distance of 389.14 feet; thence S 01 31' 52"
E, a distance of 500.33 feet; thence S 88 27' 57" W, a distance of
389.20 feet; thence N 01 31' 26" W, a distance of 500.18 feet to the
True Point of Beginning.
Said parcel contains 4.47 acres, more or less.
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