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HomeMy WebLinkAboutRes1993-004 . . . Sponsored by: Schaefermeyer CITY OF SEWARD, ALASKA RESOLUTION NO. 93-004 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, RELATING TO THE ARBITRATION DECISION AND ORDER IN THE MATTER OF THE ARBITRATION BETWEEN JAMES T. PRUITT DBA SEWARD SHIP'S CHANDLERY AND CITY OF SEWARD, AND APPROPRIATING FUNDS WHEREAS, the American Arbitration Association panel issued its Decision and Order in the matter of the arbitration between James T. Pruitt dba Seward Ship's Chandlery and City of Seward on January 4, 1993; and WHEREAS, the panel has determined that Pruitt has defaulted in the Lease by his failure to construct by August 31, 1991, a covered work station sufficient to house a 300- foot ship; and WHEREAS, the panel has further determined that the City cannot remedy that default for twenty-four (24) months; and WHEREAS, the panel has determined that the City's Tariff Amendment No.2 is invalid under the Lease; and WHEREAS, the panel has determined the period of free rent under the Lease ended on September 30, 1990, and found that the current fair market annual rental rate for the leased land is Thirty-Six Thousand, One Hundred Twelve Dollars ($36,112'()()); and WHEREAS, the panel has determined that Pruitt's total current rental obligation is Seventy-Seven Thousand, Two Hundred Eighty Dollars ($77,280.00); and WHEREAS, the panel has awarded Pruitt attorney fees and costs of Eighty-Three Thousand, Four Hundred Fifty-Five Dollars and Ninety-Three Cents ($83,455.93); and WHEREAS, the panel has determined that the City shall pay the fees and expenses of the American Arbitration Association, totalling Forty-Four Thousand, Four Hundred Four Dollars and Sixty-Seven Cents ($44,404.67); and WHEREAS, all payments due to either party under the Decision and Order are payable by February 4, 1993; and . . . CITY OF SEWARD, ALASKA RESOLUTION NO. 93-004 WHEREAS, the City's own costs of the arbitration amount to approximately Two Hundred Twenty-Five Thousand Dollars ($225,000.00), toward which funds totalling One Hundred Forty-Five Thousand Dollars ($145,000.00), have been previously appropriated; and WHEREAS, it is necessary to appropriate additional funds to close out the arbitration; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The sum of One Hundred Thousand Dollars ($100,000.00) is hereby appropriated from the General Fund Fund Balance Account No. 101-3070 to the General Fund Legal Account No. 101-1115-5170 (subject matter - SSC Arbitration No. 1009), and the sum of One Hundred Thousand Dollars ($100,000.00) is appropriated from the Harbor Fund Fund Balance Account No. 401-3070 to the Harbor Fund Legal Account No. 401- 4110-5170 (subject matter- SSC Arbitration No. 4301). Section 2. This resolution shall take effect immediately upon its adoption. PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this 25th day of January, 1993. THE CITY OF SEWARD, ALASKA ~ ~. CJ\,()/1\Q :J Dave W. Crane, Mayor AYES: NOES: ABSENT: ABSTAIN: Bencardino, Crane, Darling, Krasnansky, Sieminski, Swartz & White None None None . CITY OF SEWARD, ALASKA RESOLUTION NO. 93-004 A TrEST: APPROVED AS TO FORM: Perkins Coie, Attorneys for the city of Seward, Alaska . . (City Seal) 7~ III ~ Fred B. Arvidson City Attorney