HomeMy WebLinkAboutRes2004-002
CITY OF SEWARD, ALASKA
PORT AND COMMERCE ADVISORY BOARD
RESOLUTION NO. 2004-02
A RESOLUTION OF THE CITY OF SEWARD, ALASKA, PORT AND COMMERCE
ADVISORY BOARD, RECOMMENDING A MOORAGE RATE INCREASE TIED
TO THE CONSUMER PRICE INDEX
WHEREAS, the current total annual revenue generated by the harbor enterprise fund covers annual
expenses generated by the harbor enterprise fund; and
WHEREAS, annual operating expenses have increased in conjunction with inflationary and other
factors; and
WHEREAS, the Harbor Enterprise Fund may sustain a negative economic impact if harbor users
moved vessels to other ports a result of a significant fee increase; and,
WHEREAS, tying moorage fees to inflation will allow the Harbor Enterprise Fund to incrementally
adjust fees annually based on the Consumer Price Index; and
WHEREAS, incremental adjustments to fees for services is preferable to large changes every ten years
when a funding shortage occurs; and
NOW, THEREFORE, BE IT RESOLVED AND RECOMMENDED BY THE PORT AND
COMMERCE ADVISORY BOARD OF THE CITY OF SEWARD, ALASKA, THAT:
Section 1. The City Council of the City of Seward, Alaska, approve and adopt by resolution a harbor
tariff change to be adjusted annually, based on the Anchorage Consumer Price Index for all urban consumers
as published in March each year.
PASSED AND APPROVED by the City of Seward, Alaska, Port and Commerce Advisory Board this
th day of January, 2004.
~SEWARD.ALASKA
. ~
DEBORAH ALTERMATT, CHAIR