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HomeMy WebLinkAboutRes1992-105 . . . Sponsored by: Schaefermeyer CITY OF SEWARD, ALASKA RESOLUTION NO. 92-105 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, AUTHORIZING THE CONTINUATION OF A LONG TERM LEASE OF LOT 2, BLOCK 1, MARINA SUBDIVISION, TO JOAN L. CLEMENS AND MARK A CLEMENS WHEREAS, Lot 2, Block 1, Marina Subdivision, has been under lease and in commercial use since 1969 and is due to expire in seven years; and WHEREAS, the lessee, in order to refinance the property to accomplish renovations and consolidate certain liabilities, has requested an extension of the existing lease; and WHEREAS, the city concurs with the lessee's need for a longer term lease to accomplish these goals; and WHEREAS, the City Council has determined that the continued lease of the leased land would be in the public interest; and WHEREAS, because of the age of the existing lease document and the many changes in law that have occurred in the past 20 years, the city opts for a new lease rather than an extension of the existing lease; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The City Manager is hereby authorized to execute a Notice of Lease Termination for that lease dated September 29, 1977, recorded at Book 14, Page 975, by and between the city of Seward and Joan 1. Clemens and the Estate of Dale B. Clemens, successors in interest to Emory G. and Frieda O. Sample, Daniel A. and Ruth M. Smith, and Pete Mineo, for Lot 2, Block 1, Marina Subdivision. Section 2. The City Manager is further authorized to execute the long term lease of Lot 2, Block 1, Marina Subdivision, between the city of Seward, Alaska, and Joan 1. Clemens and Mark A. Clemens. A copy of the lease is attached and incorporated herein by reference. Section 3. This resolution shall take effect thirty (30) days following passage and posting as required by law. . . CITY OF SEWARD, ALASKA RESOLUTION NO. 92-105 PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this 22nd day of June, 1992. AYES: NOES: ABSENT: ABSTAIN: ATTEST: THE CITY OF SEWARD, ALASKA ~. J~/~L?~.' ( ~~;-, Donald W. Cripps, Mayor Bencardino, Crane, Cripps, Dunham, Krasnansky, Swartz, White None None None APPROVED AS TO FORM: . Perkins Coie, Attorneys for the city of Seward, Alaska . (City Seal) 7~ N L- Fred B. Arvidson City Attorney