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HomeMy WebLinkAboutResolution 4607-03-2016 A Resolution NO. 4607-03-2016 CONFIRMING SECURED FUNDING AND COMMITMENT FOR THE RELOCATION OF THE UNITED STATES AIR FORCE B-58 HUSTLER AIRCRAFT TO FORT WORTH WHEREAS, on November 11, 2015, the City of Fort Worth ("City") made a formal request to the National Museum of the United States Air Force ("NMUSAF") for a static display loan of the B-58A (YRB), serial number 55-0666, Hustler aircraft ("Aircraft"), currently located at the former Octave Chanute Aerospace Museum in Rantoul, Illinois. WHEREAS, pursuant to Title 10 United States Code, Section 2572, the Secretary concerned may lend or give items described in subsection(c) that are not needed by the military to a municipal corporation under certain terms and conditions. In accordance therewith, the Secretary of the Air Force has delegated to the NMUSAF sole authority to acquire, care for, and manage Air Force historical property. WHEREAS, the NMUSAF has agreed to loan the Aircraft to the City for display in accordance with the terms and conditions of the NMUSAF aircraft lending program. WHEREAS, the City Council wishes to express its commitment and confirm secured funding for the relocation of the Aircraft to Fort Worth. WHEREAS, the City will work with the Fort Worth Aviation Museum ("Museum") to secure transfer and relocation of the Aircraft, and the Museum will reimburse the City for the costs of the relocation through fundraising efforts and be responsible for the maintenance and care of the Aircraft upon its transfer to Fort Worth. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: 1. That the City Council hereby directs the City Manager to enter into an agreement with the NMUSAF for the loan and relocation of the aircraft identified as B- 58A(YRB), serial number 55-0666, to Fort Worth, Texas. 2. That the City Council directs the City Manager to return to the City Council with an action to approve and appropriate funding to cover the costs of relocation and the full replacement value of the Aircraft in an amount not to exceed $250,000. 3. That the City Council directs the City Manager to enter into an agreement with the Fort Worth Aviation Museum for reimbursement of the relocation costs of the Aircraft, and to assume maintenance and care of the Aircraft upon transfer of the Aircraft to Fort Worth. ,Z, Qr Adopted this 22nd day of March, 2016. 4,00°°000,0 mad ATTEST- 00.0 o�„♦DO °0�8 g=a° By: PQa t} oo�cQo° Mary J. Kay&C4 Se etary Qaaa °0��4gad BoRTWUTH