City of Colorado Springs
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File #: 19-486    Version: Name:
Type: Ordinance Status: Mayor's Office
File created: 8/6/2019 In control: City Council
On agenda: 9/24/2019 Final action: 9/24/2019
Title: Ordinance No. 19-60 amending Ordinance No. 18-118 (2019 Appropriation Ordinance) for a supplemental appropriation to the Colorado Springs Airport Capital Improvement Program fund in the amount of $2,700,000 for Airport Land Development and the Airport Master Plan Presenter: Charae McDaniel, Chief Financial Officer Troy Stover, Assistant Director of Aviation
Attachments: 1. 8-1-19-Airport Land Development Ordinance-pdf, 2. Signed Ordinance 19-60.pdf


Title
Ordinance No. 19-60 amending Ordinance No. 18-118 (2019 Appropriation Ordinance) for a supplemental appropriation to the Colorado Springs Airport Capital Improvement Program fund in the amount of $2,700,000 for Airport Land Development and the Airport Master Plan

Presenter:
Charae McDaniel, Chief Financial Officer
Troy Stover, Assistant Director of Aviation

Body
Summary:
The attached ordinance is a supplemental appropriation to the Airport Capital Improvement Program (CIP) Fund in the amount of $2,700,000 for two (2) projects. The additional costs associated with Airport Land Development include land sale demonstrable costs, site development, and infrastructure. The Airport Master Plan will begin development in 2019, ahead of its originally scheduled start date of 2022, and a draft scope of work is attached (Exhibit A). The following amounts are needed for each of the two projects:

Airport Land Development $2,500,000
Airport Master Plan $200,000

Total Projects $2,700,000

Background:
Colorado Springs is the second most populous city in the state and boasts a thriving community and extensive business reach. Residential and commercial development in and around the city has been growing rapidly. Business opportunities have been presenting themselves to the Airport at an unprecedented rate. While the Airport does its best to anticipate capital projects during the normal budget process, some development costs are completely unknown and unanticipated. In order to keep up with development opportunities and respond in a timely manner, it is necessary and prudent for the Airport to request additional spending authority when development expenses are known or anticipated, regardless of the budget cycle. The aforementioned costs were unknown at the time of the original 2019 budget de...

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