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HomeMy Public PortalAbout1995_04_25_R085 The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED April 25, 1995 95-85 ADOPTED April 25:1995 AUTHORIZING THE TRANSFER OF OWNERSHIP OF THE LEESBURG MUNICIPAL AIRPORT UNDERGROUND FUEL STORAGE TANKS FROM EASTERN AVIATION FUELS, INC. TO THE TOWN OF LEESBURG WHEREAS, the existing, operational underground fuel storage tanks at the Leesburg Municipal Airport are owned by Eastern Aviation Fuels, Inc. of New Bern, North Carolina, and leased to the Town of Leesburg; and WHEREAS, under this lease arrangement the town, and our sub-lessee American Beechcraft Company are required to purchase all aviation fuel from Eastern; and WHEREAS, Eastern Aviation Fuels, Inc. will transfer ownership of the fuel storage tanks to the town for a recordable fee of $1.00 (one dollar); and WHEREAS, the town has tested the soils surrounding the two tank systems and no contamination presently exists that would require remediation action; and WHEREAS, the town would be responsible for the future estimated cost of $25,000 for removing and officially closing the use of these fuel storage tank systems; and WHEREAS, the Leesburg Airport Commission and the Town Council Finance Committee have recommended that the town acquire ownership of these two 12,000 gallon fiberglass underground fuel storage tank systems to save town lease costs and to allow American Beechcraft Company the opportunity to purchase fuel from the supplier of their choice to provide a cost savings to our airport customers; and WHEREAS, town ownership of the fuel storage tanks will also allow the town more flexibility on the installation schedule of the new above ground fuel storage farm which is presently under design: A RESOLUTION: -2- AUTHORIZING THE TRANSFER OF OWNERSHIP OF THE LEESBURG MUNICIPAL AIRPORT UNDERGROUND FUEL STORAGE TANKS FROM EASTERN AVIATION FUELS, INC. TO THE TOWN OF LEESBURG THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: The Town Manager is hereby authorized to execute the transfer of ownership documents, in a form approved by the Town Attorney, for the Town of Leesburg to acquire or assume ownership of the two 12,000 gallon underground fuel storage tanks systems which are presently owned by Eastern Aviation Fuels, Inc. and are in use at the Leesburg Municipal Airport, for a recordable fee of $1.00 (one dollar). PASSED this 25th day of April ,1995. ATTEST: Clerk of Council