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HomeMy WebLinkAboutRes1968-711 r~ I i THE CITY OF SEWARD RESOLUTION NO. 711 WHEREAS: The City of Seward, Alaska, has numerous construction lots and areas for long term lease to prospective industries and businesses; NOW nIEREFORE; the City Council of The City of Seward, Alaska,hereby adopts the following procedure which shall apply to all City-owned lands to be leased: 1. Prospective Lessee shall submit a written development plan, with draw- ings when requested, to the City Manager for any lot or parcel of land to be con- sidered for leasing. 2. The development plan shall state date that development will be started and date on which development will be completed. 3. Proposed Lessee shall place a cash deposit, upon making application to lease lands, in an amount equal to one-half of the first year's lease payment, deposit to be considered as a performance bond and if development of the lot or area is not diligently pursued am completed in accordance with the development plan, the deposit shall be retained by The City of Seward as liguidating damages. 4. If all terms and coooitions of the lease are complied with on the date specified in said lease, all costs incurred by the City in preparing the lease papers, filing of same, and any and all incidental costs thereof, shall be deducted from said deposit money and any funds remaining shall be returned to Lessee. 5. All information given the City in regard to the development plan am other related information shall be presented to the City Council, and if proposed lease is approved, the Lessee shall, within ten (10) days, pay the first year's lease in full and sign all lease papers. 6. The City Council shall record the filing of the development plan and pro- posal to lease, but shall not be required to approve or reject a:::y propqsal until the council meeting next following that on which information was filed. This Resolution shall be effective on the date of passage and approval. Passed and approved by the City Council of The City of Seward, Alaska, this 24th day of June , 1968. ILz/ ~f~'// R. . K kpatrick Mayor Att,t: . ' } -, , //-' --7"-- . " ",..y--r)' ~ . r ~ ) James R. Filip ,., ;:'ity Clerk-Treasurer