HomeMy WebLinkAbout7223RESOLUTION N0. 7223
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 September 13, 1993, 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 $75,000 being the
appraised value and the proceeds of the sale of 7.66 acres of land located at Pueblo Memorial
Airport and sold to the Pueblo Development Foundation for leasing to Eaton Corporation.
SECTION 2
Within five 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 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 September 13, 1 993
ATTEST:
BY SAMUEL CORSENTINO
Councilperson
APPROVED:
Pr esi ent of Ci y Council
AGREEMENT
THIS AGREEMENT made and entered into the 13th day of
September 19 , 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 29
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 $75,000 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 1994 -1999 Airport Capital Program (ACP).
2. To maintain accurate records of expenditures of the
$75,000 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.
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.
a
IN WITNESS WH REOF, the parties hereto have executed this
Agreement on the .13 day of SP- WpgBeu , 19 .
CITY OF PUEBLO, COLORADO
ATTEST:
(SEAL)
City 'Clerk
City Atty
THE UNITED STATES OF AMERICA
By
Manager, Airport District Office
Federal Aviation Administration
Department of Transportation
? -J�
U.S. Department
of Transportation
Federal Aviation
Administration
AUG 301993
Mr. James P. Elwood
Director of Aviation
Pueblo Memorial Airport
31201 Bryan Dircle
Pueblo, Colorado 81001
DENVER AIRPORTS DISTRICT OFFICE
5440 Roslyn Street
r1jite 300
�✓ �., " ^lnrado 80216 -6026
C—
Dear Mr. Elwood:
We have reviewed the request for release of 7.66 acres of land
in the Industrial Park section of Pueblo Memorial Airport for
sale to Pueblo Development Foundation for lease to Eaton
Corporation, and we feel we can recommend the release as soon as
a binding agreement is executed committing the City of Pueblo to
expend the appraised value of the parcel, $75,000, on certain
airport improvements. Three copies of an agreement form, ready
for signature and similar to the agreements made on previous land
release requests, are enclosed. After all copies have been
signed by the City, please return them to this office for
signature. An executed copy will be returned to you for your
files.
We also need a copy of an executed agreement between Pueblo
Development Foundation and the City and an updated schedule
showing anticipated expenditures of all outstanding commitments
by the City on airport improvements due to land releases.
Upon receipt of these documents, we will prepare a Deed of
Release for review and signature in the Seattle Regional Office,
after which the Deed will be sent to the City for acceptance.
Sincerely,
r
i
Shirley Galloway
Program Officer
Enclosures S EP 1 993