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HomeMy WebLinkAbout5988RESOLUTION NO. 5988 A RESOLUTION APPROVING AN AGREEMENT BETWEEN THE UNITED STATES OF AMERICA AND THE CITY OF PUEBLO A MUNICIPAL CORPORATION, AND AUTHORIZING TBE PRESIDENT OF THE CITY COUNCIL TO EXECUTE SAME, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, THAT: `I �•`li'm AN `EI.'11 IJI DATED A •: �•r+ �l n• 11` A TTACHED HERETO AND MA DE PA ICI 9• BY REFERENCE Ei' BI EI' HAVING BEE APPROVED AS TO FORM BY THE CITY ATTORNEY, BY AND BETWEEN TBE UNITED STATES OF AMERICA AND THE CITY OF PUEBLO, A MUNICIPAL CORPORATION, TO ESTABLISH A SPECIAL AIRPORT IMPROVEMENT TRUST FUND IN THE AMOUNT OF $17,850.00 BEING THE APPRAISED VALUE AMID THE PROCEEDS OF THE SALE OF 1.98 ACRES OF LAND lire F.`1�,N�1 t•`�iril WITHIN FIVE YEARS OF TBE DATE OF THE AGREEMENT, THIS SUM WILL THAT THIS AMOUNT WILL NOT BE ELIGIBLE AS OWNER MATC[IING FUNDS FOR DEVELCP- Ili It 31 1 9 ' s W. 1 WIN ov ' • ' 1y lm 1�1 ' ',• !J' • • `9 1.�'lwkkftVm " THE PRESIDENT OF THE COUNCIL IS HEREBY AUTHORIZED TO EXECUTE SAID ACRMoqr ON BEHALF OF PUEBLO, A MUNICIPAL CORPORATION, AND THE CITY CLERK SHALL AFFIX THE SEAL OF THE CITY THERETO AND ATTEST THE SAME. INTRODUCED APRIL 13,1987 BY ALLYN MIDDELKA -MP COUNCILMAN , Do is IIm Z A d to) I - AGREEMENT THIS AGREEMENT made and entered into the 13th day of APRIL 19 87 by and between the UNITED STATES OF AMERICA, party of the first part, acting by and through the Federal Aviation Administration, hereinafter referred to as the FAA, and the CITY OF PUEBLO, body politic under the laws of the State of Colorado, hereinafter referred to as Owner. 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 24 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 $17,850.00 within five (5) years after the date of execution of this agreement for Airport Development. It is understood and agreed that this amount will not be eligible as Owner Matching Funds for development under the Airport Improvement Program (AIP) or successor programs.. Projects to be accomplished during this five (5) years are those projects described in the 1984 -87 AIP applica- tion as updated annually. 2. To maintain accurate records of expenditures of the $17,850 sum, 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. 2 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 WITNESS THEREOF, the parties hereto have executed this Agreement on the 13t hday of April 19 37 WITNESSES (SEAL) By Title President of the City Council ATTEST: I WXj u - r Di• I • City Attorney WITNESSES THE UNITED STATES OF AMERICA By �o Itil 4 Nnager, Airports District Office Federal Aviation Administration Department of Transportation Exhibit "A" THE PRYOR- GIGGEY COMPANY LEGAL DESCRIPTION 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 SE 1/2 of Section 30, Township 20 South, Range 63 West of the 6th Principal Meridian, being more particularly described as follows: Beginning at a point from which the NE corner of said Section 30 bears N 23 28' 20" E (Bearings based on the north line of said Section 30 to bear N 89° 59' 27" E, with all bearings contained herein being relative thereto), a distance of 3584.45 feet; thence N 46° 36' 21" W, a distance of 600.00 feet; thence N 43 23' 57" E, a distance of 144.00 feet; thence S 46 32' 32" E, a distance of 600.00 feet; thence S 43 23' 57" W, a distance of 143.33 feet to the Point of Beginning. Said parcel contains 1.98 acres.