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HomeMy WebLinkAboutRes1984-111 . . . . . CITY OF SEWARD, ALASKA RESOLUTION NO. 84-111 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, APPROPRIATING REVENUE DEPOSIT FEES FOR THE SALE OF INDUSTRIAL REVENUE BONDS FOR SUNEEL ALASKA CORPORATION TO THE ECONOMIC DEVELOPMENT DEPARTMENT WHEREAS, the City of Seward has received $23,750.00 from Suneel Alaska Corporation as the City's fee for the sale of Industrial Revenue Bonds in support of the coal export project; and WHEREAS, Suneel Alaska Corporation has asked that, if possi- ble, those funds be used to continue Seward's progressive stance toward economic development, especially with the Pacific Rim countries; and WHEREAS, the City does anticipate expenditures in the near future for advertising and promotion in search of a leasee/operator for the Marine Industrial Center; and WHEREAS, economic events in Seward are changing so rapidly that promotional materials are becoming dated and will require updating in the near future. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The FY85 budget of the City of Seward is hereby amended by transferring $15,000.00 from the General Fund-Fund Balance Account No. 101-00-271-00-00; and $8,750.00 from the Miscellaneous Administrative Revenue Account No. 101-00-341-90-00 to the Economic Development Department Budget Account No. 101-115-516-10-73. Section 2. This resolution shall take effect immediately upon its adoption. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, this 24 day of September , 19 84. THE CITY OF SEWARD, ALASKA L) ~;,;,/. (I V~~ '-1"" DONALD W. CRtpPS, MAYOR -1- . . . e . CITY OF SEWARD, ALASKA RESOLUTION NO. 84-111 AYES: NOES: ABSENT: ABSTAIN: ATTEST: CRIPPS, GILLESPIE, HILTON, MEEHAN, WILLIAMS, & WILSON NONE SWARTZ NONE APPROVED AS TO FORM: HUGHES, THORSNESS, GANTZ, POWELL AND BRUNDIN, At torneys for the City of Seward, Alaska (City Seal) 7~1!/~ Fred B. Arvidson, City Attorney -2-