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81 of 1979 - Resolution obligating Salt Lake City Corporation to expend the sum of $35,100 to be realized from th / ROLL CALL VOTING Aye Nay Salt L• City,Utah, November 6 ,19 79 Mr.Chairmah I move that the ' • tig be adopted. Agraz Greener � _Gti/G/C ' i�11 tL. }aff Campbell Phillips RESOLUTION Result ', A RESOLUTION OF THE CITY COMMISSION OF SALT LAKE CITY CORPORATION, UTAH, OBLIGATING SALT LAKE CITY CORPORATION TO EXPEND THE SUM OF $35,100 TO BE REALIZED FROM THE SALE OF 2.3 ACRES OF LAND ACQUIRED WITH FEDERAL AID AND LOCATED WITHIN THE BOUNDARIES OF THE SALT LAKE CITY INTERNATIONAL AIRPORT. WHEREAS, the Federal Aviation Administration has advised the Salt Lake City Corporation, Utah, that the administrator of the Federal Aviation Administration has adopted a policy requirement that as a condition to release any Salt Lake City International Airport property interest therein for subsequent sale from the terms and conditions in Grant FAAP Agreements No. 9-42-018-801 through 9-42-018-C723 and ADAP Grant Agreements 8-49-0033-1 through 6-49-003-11 covering federal aid at said Salt Lake City International Airport, the Salt Lake City Corpora- tion, Utah, shall agree to expend the sum of $35,100 to be received from the sale of the hereinafter described land within a period of five years from the date of this resolution; and WHEREAS, the City Commission of the Salt Lake City Corporation, Utah, has approved the sale of the hereinafter described land located at the Salt Lake City International Airport subject to its release for that purpose by the Federal Aviation Administra- tion, and recognizes the need for the continued provisions of adequate public airport facilities to be provided the residents of Salt Lake City, Utah. NOW, THEREFORE, BE IT RESOLVED, by the Board of City Commissioners of Salt Lake City Corporation, Utah, that in con- sideration of the Federal Aviation Administration's approval and release for sale of the hereinafter described land and upon said sale the City Commission of Salt Lake City Corporation, Utah, does hereby promise and covenant and agree with the Federal Aviation Administration as follows: -2- 1. A special airport improvement trust fund is hereby established. Salt Lake City Corporation will deposit in said fund the sum of $35,100 being the total net proceeds from the sale and transfer of 2.34 acres of land located at the Salt Lake City International Airport to the Utah Department of Transporta- tion. 2. Within five years from the date of this resolution, unless substitutions and changes in priority are made which are mutually agreeable to the Federal Aviation Administration and the City, the funds deposited into said trust fund hereby established shall be expended on projects listed below for the further development of the Salt Lake City International Airport in order of their priority: (a) Approval items on airport development set forth in FAR Part 152 (and as appropriate, in the NASP by priority of need) to be accomplished in accordance with currently applicable FAA design criteria. (b) Any aeronautical items of airport development ineligible under the ADAP. (c) Deposit to an identifiable account in a public fund for deferred use within a reasonable time for items in priority (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 dedicated revenue production property of the airport. 3. Projects for the further development of the Salt Lake City International Projects for the further development of the Salt Lake City International Airport outlined in Section 2, or any approved substitutions, shall be performed by the City without federal matching funds from a federal aid program for airports to the limit of said funds. Projects determined by the City and the FAA to be priority number one shall be accomplished before -3- expenditure of Trust Funds on items of lower priority. 4. The Fund hereby established and this Resolution shall remain in effect until the funds are expended in accordance with the provisions of Section 2 in order to comply with the condi- tions set forth in the Deed of Release from the FAA requiring the establishment of this Fund. 5. The Instrument of Release dated from the Federal Aviation Administration relating to land at the Salt Lake City International Airport, a copy of which is attached hereto and incorporated herein, is hereby accepted and the President of the City Council is hereby authorized and directed to accept said Instrument of Release for and on behalf of Salt Lake City Corporation and the City Clerk is directed to attest same and to affix the Seal of the City thereto. 6. The land approved for sale subject to release by the Federal Aviation Administration is described as follows: A parcel of land in fee for a freeway known as Project 80-3, being part of an entire tract of property, in the SE1/4 SE1/4 of Section 31 and in the SW1/4 SW1/4 of Section 32, T.1 N., R.1 W., S.L.B.& M. The boundaries of said parcel of land are described as follows: Beginning in the center line of the Office Revision of the northbound lanes of 40th West of said project at Engineer Station 1218+36.02, which point is approxi- mately 1062.49 ft. north and 242.64 ft. each from the SW corner of said Section 32; thence S. 78°36'42" E. 48 ft.; thence S. 02°17'33" W. 258.91 ft. to the northerly right of way line of the existing highway known as Project No. FI-120(13) ; thence S. 89°58' W. 391.69 ft. along said northerly right of way •line; thence N. 9°00'44" E. 278.84 ft.; thence S. 89°35'56" E. 52 ft. to the center line of the Office Revision of the southbound lanes of said 40th West at Engineer Station 1218+47.19; thence S. 88°32'11" E. 259.39 ft. to the point of beginning as shown on the official map of said project on file in the office of the Utah Department of Transportation. The above described parcel of land contains 2.34 acre, more or less. To enable the Grantee to construct and maintain a public highway as a freeway, as contemplated by Title 27, Chapter 12, Section 96, Utah Code Annotated, 1953, as amended, the Grantor hereby releases and relinquishes to the Grantee any and all rights or easements appurtenant to the Grantor's remaining property by reason of the location thereof with reference to said freeway, including, without limiting the foregoing, all rights of ingress to or egress from -4- the Grantor's remaining property contiguous to the land hereby conveyed, to or from said freeway, over and across the westerly and easterly right of way and no-access lines of said freeway as shown on the official map of said project on file in the office of said Grantee. 7. Be it further resolved, by the Board of Commissioners of Salt Lake City Corporation, Utah, that the Mayor of Salt Lake City Corporation is hereby authorized and directed to accept an instrument of release from the Federal Aviation Administration for the purpose of binding the Salt Lake City Corporation, Utah, to all its promises, covenants and agreements set forth in this resolution. I hereby certify that the foregoing resolution was intro- duced and read at a regular meeting of the Board of City Commissioners of Salt Lake City Corporation, Utah, on the 6th day of November , 1979, and was duly adopted at said meeting. MAYOR • ';!1";i=-4:11K../ CITY RECORDER REMARKS C . Resolution No. Ey Jennings Phillips, Jr. 1 I Obligating Salt Lake City Corporation II to expend the sum of$35,100 to be realized from the sale of 2.3 acres of III land acquired with Federal Aid and located within the boundaries of the 1 Salt Lake City International Airport. Presented tf the e rd of Ceotreis$iener� AND PA3SID N:,, I nrrCI I &h. -