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HomeMy WebLinkAboutOrd1950-201 r CITY OF SEWARD, ALASKA C:J:;; 2-0/ AN ORDINANCE TO PROVIDE FOR TEE lliASING OF THE SEvVARD NlARINE ,lAYS FOR A TERM OF FIFTY (50) YEARS AND TO PRESCRIBE TEE TERMS AND CONDITIONS OF SUCH IEASE: WHEREAS, the City of Seward, by enactment of Ordinance No. 182, on the 1st day of March, 1948, leased to the Seward Fish & Cold Storage Co., Inc., that certain property located in the City of Seward and known as the Seward Marine Ways and Dock Facilities as bounden and described in "U. S. Survey Map No. 2830 Alaska"; and WHEREAS, by the provisions of said lease, the term thereof was of a duration of ten (10) years, commencing on the first day of March, 1948, and ending on the last day of February, 1958; and WllliREAS, the lessee desires to obtain upon said premises, a lease for the term Of fifty (50) years, and WEEREAS, the lessee has succeeded in obtaining an agreement with Anchorage Sand & Gravel Company of Anchorage, Alaska, where- by said company has agreed to establish cement unloading facilities upon the leased premises; and WHEREAS, the installation of said facilities will result in the establishment of a new industry which will be beneficial to the economy of the City of Seward; and \VHEREAS, the lessee durine the past two (2) years has en- countered difficulty in encouraging new industries to become estab- lished upon the premises known as the Seward Marine Ways and Facilities because investors refused to establish facilities upon the leased premises for terms eqlal to the term of the existing lease held by the lessee, and WHEREAS, the City Council of the City of Seward has examined -1- and approved the provisions of an agreement entered into between the Seward Fish & Cold Storage Company, Inc., and Anchorage Sand & Gravel Company, Inc., whereby the latter corporation will establish upon said premises an industry beneficial to the economy of the City of Seward; and WHEREAS, the City Council believes that a lease for a term of years of longer duration will promote the creation and development of other new industries, and vrrlEREAS, the Council believes that a lease prescribing a longer rental term will also enable the Seward Fish & Cold Storage Company, Inc., to expand and better develope its own business and facilities, and VfrIEREAS, the Seward Fish & Cold Storage Company, Inc., in con- sideration of the granting of a new lease has agreed to a new lease containing and prescribing the same terms and conditions contained in the original lease, and WHEREAS, the common council of the City of Seward has prepared a new lease, the terms and conditions of which are satisfactory to the said lessee, and iVHEREAS, the C~uncil of the City of Seward deem said lease to be favorable, advantageous and beneficial to the public interests of the said City, NOW THEREFORE, be it ordained by the Common Council of the City of Seward, as follows: Section I. That the proposed lease heretofore prepared and this day presented to the City C0uncil of the City of Seward, a copy of said lease being hereto attached, and by this reference incorporated herein, be and the saree is hereby ratified and approved in entirety. Section II. The Mayor and the City Clerk of the City of Seward are hereby authorized and empowered to sign said lease in their respective official capacities and affix the seal of the City of Seward to said lease and deliver a copy of the same to the lessee. -2- r Section III. The Council, deeming an emergency to exist requiring suspension of the rules governing the passage of ordi- nances, does hereby declare an emergency to exist and does here- by suspend the rules for the immediate passage of this ordinance, and this ordinance shall take effect immediately on its passage and approval. Passed and approved this 6th day of February, 1950, by the Common Council of the City of Seward, Alaska. ,{ " .{,-:.,~"j:.l.-( // '.'.';~..z-.'t'..-<(? riayor Attest: , ! , / , /J City Clerk -3-