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HomeMy WebLinkAboutRes1988-041 . . . Sponsored by: Schaefermeyer CITY OF SEWARD, ALASKA RESOLUTION NO. 88-041 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, APPROVING THE TRANSFER OF LIBRARY ASSETS AND OBLIGATIONS TO THE CITY WHEREAS, the Seward Community Library has owned and operated public library facilities in Seward, Alaska; and WHEREAS, financial resources of the Seward Community Library are insufficient to assure continued operation of Library facilities withing the city; and WHEREAS, the City Council has found that the continued operation of library facilities within the city of Seward is in the public interest and is a function that can be per- formed by the city; and WHEREAS, incorporation of the Library as a department of the city will all library employees to participate in the Alaska Public Employees Retirement System (PERS); and WHEREAS, the City Council conducted a public hearing on April 25, 1988, on the proposed transfer of public library assets, including real and personal property, and obliga- tions to the city of Seward; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The city manager is hereby authorized to execute the "Library Transfer Agreement", attached and incorporated herein by reference, transferring to the city real and personal property and obligations of the Seward Community Library. Section 2. The City Council finds that it is in the public interest to acquire certain real property from the Seward Community Library, such real property being more particularly described as Lots 38, 39, and 40, Block 8, original Townsite of Seward; and the city manager is au- thorized to execute such documents as may be required to effect the acquisition of said property. Section 3. The City Council further finds that it is in the public interest to acquire the Library's beneficiary interest in that certain Deed of Trust Note, secured by a Deed of Trust dated July 22, 1980, and recorded in the Seward Recording District in Book 20, Pages 754-756, and -1- . . . CITY OF SEWARD, ALASKA RESOLUTION NO. 88-041 covering real property described as the South one-half of Lot 6 and all of Lots 7 and 8, Block 16, Original Townsite of Seward; and the city manager is authorized to execute such documents as may be necessary to effect the acquisition of said beneficiary interest. Section 4. This resolution shall take effect thirty (30) days after approval and posting as required by law. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, this 9th day of May , 19 88 THE CITY OF SEWARD, ALASKA AYES: NOES: ABSENT: ABSTAIN: GIESELER, HILTON, MEEHAN, O'BRIEN & SIMUTIS NONE DUNHAM & NOLL NONE ATTEST: APPROVED AS TO FORM: HUGHES, THORSNESS, GANTZ, POWELL & BRUNDIN, Attorneys for the City of Seward, AK ~/lI~ Fred B. Arvidson City Attorney (City Seal) -2-