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HomeMy WebLinkAboutRes1986-019 . . . . . CITY (F SEWAm. ALASKA RESOlUTION NO. 86-l9 A RESOLUTION Of THE CITY COUNCIL OF CITY OF SEWARD. ALASKA. FOR THE PURPOSE OF FUNDING ADDITIONS TO OFFSITE IMPROVEMENTS FOR GATEWAY SUBDIVISIONS WHEREAS. the City Council. by adoption of Resolution No. 84-65. has approved transfer of the Gateway Subdivision property to Gateway Ventures. Inc; and WHEREAS. Gateway Ventu res has constructed certain offs ite improvements. pursuant to the agreements between the City and Gateway Ventures. for which the City has reimbursed Gateway Ventures. Inc.; and WHEREAS. the City Council. by adoption of Resolution No. 84-52. appropriated $733.000 for the purpose of funding offsite improvements construction as a part of the development of Gateway Subdivision; and WHEREAS. Gateway Ventu res constructed certa i n work outs i de the scope of the development agreement. which work includes a dropped manhole. water tank anode clips. boundary survey. and assessment district calcu- lation; and which work provided benefits to the City for which Gateway Ventures is entitled to be compensated; and WHEREAS. the additional work exceeds the approved appropriation of $733.000 by approximately $17.317.64; and WHEREAS. the City has funds in the General Fund-Fund Balance which can be made available for the purpose of meeting the City's additional obligations pursuant to the agreement authorized by Resolution No. 84-65; NOW. THEREFORE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD. ALASKA. that: Section 1. The General Fund-Fund Balance Account No. 101-600-271-00-00 is hereby decreased by $17.317.64. Section 2. The Gateway Subd i vis i on Offs ite Improvement Account No. 299-000-368-04-00 is hereby increased by $17.317.64. . . . CITY OF SEWARD, ALASKA . RESOLUTION NO. 86-19 Page 2 - Section 3. its adoption. This Resolution shall take effect immediately upon PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, this 24th day of February , 1986. CITY OF SEWARD, ALASKA ~ b Zfl~C ~d~ HARRY ELER, MAYOR AYES: NOES: ABSENT: ABSTAIN: BOOHER, GIESELER, HILTON, MEEHAN, SCHOLL, SIMUTIS NONE NONE GILLESPIE ATTEST: APPROVED AS TO FORM: HUGHES, THORSNESS, GANTZ, POWELL AND BRUNDIN, Attorneys for the City of Seward, Alaska C iWCl :~Ii) .fwD 8-n:= Chl'isty Audette, Deputy City Clerk (City Seal) 7~ III ~ Fred B. Arvidson, City Attorney