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HomeMy WebLinkAboutRes1994-103 . . . Sponsored by: Crane CITY OF SEWARD, ALASKA RESOLUTION NO. 94-103 ARESOLUTIONOFTImCITYCO~CaOFTImC OF SEWARD, ALASKA, AUTHORIZING A THIRD TO LEASE AGREEMENT WITH SEWARD SHIP'S DR EXTENDING TIm TIME FOR CONSTRUCTING A 300- AS REQUIRED UNDER TIm LEASE UNTIL S WHEREAS, on September 22, 1988, the City entered in lease agreement with James T. Pruitt, dba Seward Ship's Chandlery, for the lease of certain property located within the Seward Marine Industrial Center for development of a ship air yard; and WHEREAS, the City Council adopted Re 1'0 . 9 -1 9 and Resolution No. 94- 037, authorizing an amendment to said lease to exp a the lease site to accommodate the constroction of a ship repair building; and WHEREAS, the City Council adopted l' n N. 4~, authorizing a second amendment to said lease to extend the term of e lease to June 1, 2024, and authorizing the assignment of said lease from James T. Pruitt ba Seward Ship's Chandlery, to Seward Ship's Drydock, Inc.; and WHEREAS, the Lessee has requ sted that the time for constrocting a 300-foot building on the leased property be extended to eptember 1, 1995, due to constroction delays; NOW, THEREFORE, B IT RESOLVED BY TIm CITY co~ca OF TIm CITY OF SEWARD, ALAS that: Section 1. The City ager is hereby authorized to execute the Third Amendment to Lease Agreement, attached d incorporated herein by reference, amending city lease No. RE 88-073 with Seward Ship' Drydock, Inc. Section 2. required by law. . resolution shall take effect thirty (30) days after passage and posting as AND APPROVED by the City Council of the city of Seward, Alaska, this gust, 1994. TIm CITY OF SEWARD, ALASKA Dave W. Crane, Mayor ~...~~ U-V\-t-UlL( ~ (/ ~ . CITY OF SEWARD, ALASKA RESOLUTION NO. 94-103 AYES: NOES: ABSENT: ABSTAIN: None Anderson, Bencardino, Crane, Darling, Krasnansky, Sieminski O'Brien None ATTEST: APPROVED AS TO FORM: Wohlforth, Argetsinger, Johnson & Brecht, Attorneys for the city of Seward, Alaska Linda S. Murphy, CMC/AAE City Clerk City Attorney (City Seal)