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HomeMy WebLinkAboutRes2008-057Sponsored by: Oates CITY OF SEWARD, ALASKA RESOLUTION 2008-057 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, AUTHORIZING THE CI~'Y MANAGER TO ENTER INTO A MEMORANDUM OF UNDERSTANDING WITH THE STATE OF ALASKA FOR PLANNING, FINANCING, DESIGN, AND CONSTRUCTION OF THE SPRING CREEK CORRECTIONAL CENTER EXPANSION PROJECT, AND APPROPRIATING $100,000 TO BE REIMBURSED FROM FUTURE BOND PROCEEDS WHEREAS, Ch. 160, SLA 2004 (the "Act") passed by the State Legislature authorized the State of Alaska to enter into a joint ownership agreement and alease-purchase agreement with the City of Seward for the expansion of Spring Creek Correctional Center ("SCCC") by up to 144 beds; and WHEREAS, the Act conditions the State's authority to enter into such agreements based on the average per-bed capital costs not exceeding $135,000, as adjusted for inflation, and annual lease payments not exceeding $14,600 per bed, and that the State shall own the SCCC at the end of the lease term; and WHEREAS, the City and the State desire to enter into a Memorandum of Understanding for the purpose of pursuing project planning and design, with the State assuming the costs of planning and design and the State Department of Transportation and Public Facilities serving as the project manager and contracting authority for the expansion project; and WHEREAS, the Memorandum of Understanding requires that the City of Seward, as owner of the current facility and site, accept responsibility for pursuing revenue bond financing supported by future lease payments by the State, which is the same financing mechanism utilized to construct the initial SCCC facility; and WHEREAS, the City and the State intend that at the end of the term of repayment of the bonds, the State will become the owner of Spring Creek Correctional Facility; and WHEREAS, the State anticipates being able to fund planning and design efforts without City assistance, but in the event State funds are not made available to the project until after July 1, the City desires to appropriate an amount not to exceed $100,000 to expedite the project, with said funds to be reimbursed by future bond proceeds andlor appropriations from the State. ~.. CITY OF SEWARD, ALASKA RESOLUTION 2008-057 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The City Manager is authorized to enter into a Memorandum of Understanding with the State of Alaska in substantially the form as presented at this meeting, for the purpose of design, financing, and construction of the expansion of Spring Creek Correctional Center. Section 2. Funding in the amount of $100,000 is hereby appropriated from the General Fund fund balance account no. 101-0000-3070-0103 to the Capital Acquisition Fund account no. 103-1030-5910 for the purpose of initial planning and design, with said expenditures contingent on the city manager authorizing an amendment to the Memorandum of Understanding which ensures repayment to the City from bond proceeds andlor future State appropriations. Section 3. This resolution shall take effect immediately upon adoption. PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this 23rd day of June, 2008. THE CITY OF SEWARD, ALASKA Clark Corbridge, May AYES: Dunham, Valdatta, Bardarson, Amberg, Kellar, Corbridge NOES: None ABSENT: Smith ABSTAIN: None ATTEST: ,. ~y ~ • •~ C? *~ ~'~~ ~« Jean ewis, C C , ~ ~~ ~t 5 :~ ~ .., ,~ ~~; .: •.~ City Clerk ; , ~ ''-~ ~ '~' .~ ~ .T. .~ ~ ~ Y ~ r, rt ~ `,.. ~ 7~„ ~.~:. - ~,fl _:s (City Seal) r i ~ ...~,.,,, s i' i A • ~d'q0 i~~t`~!'~' 4'i'_~~~' COUNCIL AGENDA STATEMENT Meeting Date: June 23, 2008 From: Phillip Oates, City Manager`~~,~~ RE: Memorandum of Understanding for Prison Expansion BACKGROUND & JUSTIFICATION: The Seward City Council approved Resolution 2D07-98 on November 12, 2007, authorizing an Intent to Issue Bonds for the purpose of expanding the Spring Creek Correctional Center ("SCCC"). This action of the City Council represented the City's initial commitment to the prison expansion project. This project was authorized by Ch. 160, SLA 2004, which approved expansion of SCCC by up to 144 beds, provided that three conditions were met: 1) capital costs of the project may not exceed $135,000 per bed, as adjusted for inflation; 2) annual lease payments for the project may not exceed $14,600 per bed; and 3) the State shall own the SCCC at the end of the lease term. The next step in this process involves project planning and design. The City of Seward and the State of Alaska are entering into a Memorandum of Understanding (the "MOU"), with the State committing to pay the initial costs of planning and design of the project, and the City committing to pursue revenue bonds to fund the project. The revenue bonds will be secured by the State's annual lease payments, and do not represent a general obligation pledge of the City. The Seward City Council approved Resolution 2008-15 on February 25, 2008, which authorized the city manager to enter into a MOU, but the terms of the MOU have changed somewhat, so we are bringing forward this revision. However, that action appropriated $100,000 to assist the State with initial planning and design, to be repaid through future bond proceeds and/or State appropriations. CONSISTENCY CHECK: Where applicable, this agenda statement is consistent with the Seward City Code, Charter, Comprehensive Plans, Land Use Plans, Strategic Plan and City Council Rules of Procedures. Other: FISCAL NOTE: e~~ There is no cost associated with this MO ,since an appropriation of $100,000 was previously made to enable this project to move forward. The City will be reimbursed through future revenue bonds and/or State appropriations. RECOMMENDATION: City Council approve the Memorandum of Understanding between the City of Seward and the State of Alaska for the Spring Creek Correctional Center expansion project. i~ ti