HomeMy WebLinkAboutReso 97-78 - Obligating teh COR to Expend the Proceeds of the sale of excess land at the Redding Municipal Airport upon said Airport within a 5 year period < �
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RESOLUTION NO. 97-�
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
REDDING OBLIGATING THE CITY OF REDDING TO
EXPEND THE PROCEEDS OF THE SALE OF EXCESS LAND
AT THE REDDING MUlvICIPAL AIRPORT UPON SAID
AIRPORT WITHIN A FIVE-YEAR PERIOD.
WHEREAS, the Federal Aviation Administration has advised the City of Redding that the
Administrator of the Federal Aviation Administration has adopted a policy requirement that, as a
condition to the release of excess land for sale from the terms, conditions and assurances contained in
the various grant agreements under which the United States of America participated in the cost of land
and/or improvements at the Redding Municipal Airport, the City shall agree to spend an amount equal
to the net proceeds which will or can be derived from such sale for specified items of airport
improvement, as set forth herein, within a specific time; and
WHEREAS, the City Council of the City of Redding has approved the proposed sale of
Municipal Airport Business Park land subject to its release for that purpose by the Federal Aviation
Administration, and recognizes the need for the continued provision of adequate public airport facilities
to be provided the residents of the City of Redding, Shasta County, California;
THEREFORE, BE IT RESOLVED that in consideration of the Federal Aviation
Administration's approval and release for sale of Municipal Airport Business Park land at the Redding
Municipal Airport, the CITY COiJNCIL DOES HEREBY PROMISE, COVENANT AND AGREE
with the Federal Aviation Administration of the United States of America, within five years from the
date of close of escrow, to expend the net proceeds which result from the sale of said land for the
maintenance and operation of the Redding Municipal Airport within the following priority categaries,
PROVIDED THAT all currently-needed development within the highest-priority category must be
accomplished before improvements can begin in the next category:
A. Approved items of airport development set forth in FAR Part 152 (and, as �
appropriate, set forth in the National Plan of Integrated Airport System [NPIAS] �
by priority of need), to be accomplished in accordance with currently applicable V
FAA design criteria. �
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B. Any aeronautical items of airport development ineligible for direct federal aid �
under the Airport Development Aid Program.
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C. Deposit to the airport fund for deferred use within a reasonable time for items in
A and B above.
D. Retirement of airport bonds which are secured by pledges of airport revenue,
including repayment of loans from other federal agencies for such development.
E. Development of common-use facilities and utilities of the dedicated revenue
production property of the airport now owned or subsequently acquired.
F. Current expenses for repair, maintenance and operation of airport-use properties.
BE IT FiJRTHER RESOLVED that the City Council empowers, autharizes and directs the
Mayor to enter into an agreement with the United States of America, acting by and through the Federal
Aviation Administration, for the purpose of binding the City of Redding to all its promises, covenants
and agreements set forth in this resolution.
I HEREBY CERTIFI' that the foregoing resolution was introduced, read and adopted at a
regular meeting of the City Council on the 6 th day of M_�, 1997, by the following vote:
AYES: COUNCIL MEMBERS: R. Anderson, Kehoe, McGeorge, Murray and P. Anderson
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCII, MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
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PATRICIA A. ANDERSON, Mayor
Attest: Form Approved:
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Connie Strohmayer, Clerk W. Leonard Winga e City Attorney
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