HomeMy WebLinkAboutRes2022-013 Supporting AK Railroad1
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Sponsored by: Bower
CITY OF SEWARD, ALASKA
RESOLUTION 2022-013
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, SUPPORTING THE ALASKA RAILROAD CORPORATION'S
EFFORTS TO SECURE FUNDING FOR THE SEWARD PASSENGER
DOCK PROJECT
WHEREAS, the Alaska Railroad Corporation (ARRC) owns and operates the
passenger dock and passenger terminal in Seward; and
WHEREAS, both facilities were constructed in 1966 and serves cruise ships and other
passenger and freight vessels; and
WHEREAS, the existing passenger dock is nearing the end of its useful life; and
WHEREAS, ARRC has det-imined dock maintenance is prohibitive and in order to
continue serving cruise ships and other vessels in a safe manner, it is necessary to replace the
dock; and
WHEREAS, ARRC states that replacement of the existing passenger dock and existing
passenger terminal with a new dock and terminal facilities capable of serving cruise ships,
including new, larger ships, and other vessels is critical to the ongoing viability of passenger
operations at ARRC's Seward Port; and
WHEREAS, replacement of the passenger dock and passenger terminal is crucial to the
City of Seward because closure of the facility would eliminate cruise ship tourism and other related
economic opportunities; and
WHEREAS, ARRC desires to construct, maintain, and operate a new passenger terminal
facility and to finance all or a portion of the $60,000,000 project cost through the issuance of
bonds; and
WHEREAS, ARRC is required to obtain authorization from the Alaska Legislature to
issue the bonds in connection with the project.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SEWARD, ALASKA that:
Section I. The supports ARRC's efforts to secure funding for the Seward Passenger Dock
Project.
Section 2. This resolution shall take effect immediately upon adoption.
CITY OF SEWARD, ALASKA
RESOLUTION 2022-013
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 24th
day of January, 2022.
THE CITY OF SEWARD, ALASKA
d,e 0 t`eiL Mary -
Sue McClure, Vice Mayor
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
DeMoss, Calhoon, Osenga, McClure
None
Wells, Casagranda
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renda J. Ballo 1 MC
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City Council Agenda Statement
Meeting Date: January 24, 2022
To: City Council
Through: Janette Bower, City Manager
Agenda Item: Resolution 2022-013: Supporting the Alaska Railroad Corporation's Efforts to
Secure Funding for the Seward Passenger Dock Project
Background and justification:
The Alaska Railroad Corporation (ARRC) owns and operates the passenger dock and passenger
terminal in Seward. Both facilities were constructed in 1966 and serve cruise ships, passenger, and
freight vessels.
The existing passenger dock is nearing the end of its useful life. ARRC has determined dock
maintenance is prohibitively expensive, and in order to continue serving cruise ships and other
vessels in a safe manner, it is necessary to replace and expand the dock.
ARRC states that replacement of the existing passenger dock and existing passenger terminal with a
new dock and terminal facilities capable of serving cruise ships; including newer, larger ships, and
other vessels is critical to the ongoing viability of passenger operations at ARRC's Seward port. The
replacement is critical to the City of Seward and the community as well because closure of the
facility would eliminate cruise ship tourism and other related economic opportunities.
ARRC desires to construct, maintain, and operate a new passenger terminal facility and to finance
all or a portion of the project through the issuance of bonds. ARRC estimates the project cost to be
$60,000,000. ARRC is required to obtain authorization from the Alaska Legislature to issue the
bonds in connection with the project.
Comprehensive and Strategic Plan Consistency Information
This legislation is consistent with (citation listed):
Comprehensive 3.5.1.2 Plan for adequate port infrastructure that will serve the needs of users in
the main industrial/Alaska Railroad area and at SMIC
Plan:
Strategic Plan:
Other:
Certification of Funds
Total amount of funds listed in this legislation: $ 0
Th s legislation (✓):
Creates revenue in the amount of:
Creates expenditure in amount of:
Creates a savings in the amount of:
Has no fiscal impact
Funds are (✓):
Budgeted Line item(s):
Not budgeted
Not applicable
Finance Signature:
Attorney Review✓
v
Yes
Not applicable
Administration Recommendation
v
Adopt Resolution
Other: