HomeMy WebLinkAbout6425RESOLUTION N0. 6425
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 CITY COUNCIL TO EXECUTE SAME,
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO,
THAT:
SECTION 1:
AN AGREEMENT DATED AUGUST 14, 1989 A COPY OF WHICH
IS ATTACHED HERETO AND MADE A PART THEREOF 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 $15,000 BEING THE APPRAISED VALUE
AND THE PROCEEDS OF THE SALE OF 1.64 ACRES OF LAND LOCATED AT
PUEBLO MEMORIAL AIRPORT AND SOLD TO PUEBLO DEVELOPMENT FOUNDATION
FOR USE BY AT &T TELECOMMUNICATIONS CENTER.
SECTION 2:
WITHIN FIVE YEARS OF THE DATE OF THE AGREEMENT, THIS SUM
JILL BE EXPENDED FOR APPROVED AIRPORT DEVELOPMENT. IT IS UNDER-
STOOD AND AGREED THAT THIS AMOUNT SILL NOT BE ELIGIBLE AS OWNER
MATCHING FUNDS FOR DEVELOPMENT UNDER THE AIRPORT IMPROVEMENT
PROGRAM (AIP).
SECTION 3:
THE PRESIDENT OF THE COUNCIL IS HEREBY AUTHORIZED TO
EXECUTE SAID 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 14,1989
BY DOUGLAS RING
COUNCILMAN
APPROVED:
7 IDENT OF THE CITY COUNCIL
AGREEMENT
THIS AGREEMENT made and entered into the 14th day of AUGUST
19 89 , by and between the UNITED STATES OF AMERICA, party of the first
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 26 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
of the reservations, restrictions, and
consideration therefor;
to dispose of said land free and clear
conditions and receive other valuable
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 $15,900 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 the five (5) years are those projects
described in the 1989 -1994 CIP.
2. To maintain accurate records of expenditures of the $15,900 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 comletion of
the item. p
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
Its use as a safe and useable airfield. to preserve
2
IN WITNESS WHEREOF, the parties hereto have executed this Agreement
on the 2nd day of August _ 1 091
BY
i TH F. �UTEER
Title ORESIDENT OF THE CITY COUNCIL
ATTEST:
(SEAL)
y
C CLERK
CITf ATTORNEY
WITNESSES THE UNITED STATES OF AMERICA
By ( _ _
q�'r;Ky Manager, irport District Of oe
Federal Aviation Administrati n
Department of Transportation