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CITY OF SEWARD, ALASKA
RESOLUTION 2000-044
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, AUTHORIZING THE CITY MANAGER TO ENTER INTO A
NEW LEASE AGREEMENT WITH JAMES T. PRUITT FOR A PORTION
QF TRACT A, NORTH HARBOR SUBDIVISION, SEWARD RECORDING
DIsTRICT, THIRD JUDICIAL DISTRICT, STATE OF ALASKA, FOR THE
PURPOSES OF OPERATING A GASOLINE STATION AND RETAIL
MERC~NDISE FACILITY.
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WHEREAS;)ames T. Pruitt (Lessee) has proposed a lease term extension to his existing
lease agreement, Lease~mber RE-84-043 with the City of Seward for a portion of Tract A, North
Harbor Subdivision, Sewatq Recording District, Third Judicial District, State of Alaska, for the
purposes of operating a gasoli~ station and retail merchandise facility; and
WHEREAS, the current le~e has been in effect since May 1, 1984 and the Lessee has
established a gasoline station and retail'merchandise facility on the leased land; and
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WHEREAS, the Lessee has recentlY'\:ompleted extensive capital improvements to the leased
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property and desires to take advantage of impr{)ved financing arrangements and can only do so by
extension of his lease term; and '^'.
WHEREAS, the City desires to update the fo1'Q1 and content of the old lease and bring the
lease up to date by terminating Lease Number RE-84-043. and entering into a new lease agreement
with Lessee using current forms, terms and conditions in cohjpnction with the lease term extension;
and'
WHEREAS, it is in the public interest to promote continu~d and increased retail activity of
this type within the City and benefit the community through stabilitY,. lob growth and other related
economic impacts; ",
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COU~ OF THE CITY
OF SEWARD, ALASKA, that: '-'__
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Section 1. It is the public's interest to enterlnto a new lease agreement with J~~. Pruitt
for this property. ,
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Section 2. The City Manager is hereby authorized to enter into a new lease agreement w~'
James T. Pruitt, attached and incorporated herein by reference, in substantial form as attached hereto,
to record a lease memorandum to reflect such lease, and to make such changes to the attached lease
as necessary to finalize lease between the parties but without changing the substantive terms as
described in the attached lease.
CITY OF SEWARD, ALASKA
RESOLUTION 2000-044
Section 3. The new lease shall not be signed or become effective until the Leased Land is first
surveyed and a plat filed to reflect the current lease site dimensions and existing easements and the
like. The plat shall be subject to approval by the City through the City Manager.
Section 4. This resolution shall take effect thirty (30) days after its adoption.
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 22 day
of May, 2000.
THE CITY OF SEWARD, ALASKA
Edgar Blatchford, Mayor
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
Patrick Reilly
City Clerk
(City Seal)