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CITY OF SEWARD, ALASKA
RESOLUTION 2005-30
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SEWARD, ALASKA, AMENDING THE PORT AND HARBOR TARIFF
BY INCREASING MOORAGE RATES BY 35.58%, FROM $35.80 TO
$48.54 PER LINEAR FOOT, TO FUND CONSTRUCTION OF EAST
HARBOR, SOUTH HARBOR, AND UPLAND AMENITIES
WHEREAS, the Army Corps of Engineers is nearing completion of the dredging
work in the Small Boat Harbor basin and construction of a new breakwater; and
WHEREAS, since assuming ownership of the harbor from the State of Alaska in
February, 1999, the City has: upgraded portions of the existing harbor infrastructure;
conducted extensive public meetings to determine the desired configuration of the inner-
harbor improvements; and is now prepared to move forward with plans to expand the Small
Boat Harbor; and
WHEREAS, Resolution 2005-27 was approved by the Seward City Council on April
25,2005, directing the administration to pursue Alternatives 1 and 2, plus construction ofZ-
float, as reflected in Tryck, Nyman, Hayes, Inc. Harbor Layout maps dated 4/5/05, for a total
estimated cost of $8,664,215, and to forward to Council the required moorage rate increase
necessary to facilitate these improvements, which would have required a moorage rate
increase of 57.4%; and
....
WHEREAS, in order to reduce the rate shock associated with the harbor expansion
project, it is necessary to delay the construction of Z-float from the approved project, at an
estimated cost savings of $2,607,970 or a total cost of $6,056,245, resulting in a moorage
rate increase of35.58%, or a per-foot cost of$48.54; and
WHEREAS, in order to pursue revenue bond financing for these capital
improvements, a reliable revenue source must be identified to support repayment of the
annual debt service costs; and
WHEREAS, the Seward City Council desires to increase harbor moorage rates as
reflected in the Port and Harbor Tariff, by an amount necessary to finance the annual
operating and capital costs associated with this expansion, equating to a 41.95% increase in
rates from $35.80 per linear foot to $50.82 per linear foot, with said increase being
implemented incrementally, as follows: 12.58% increase effective January 1, 2006; 12.0%
increase effective January 1, 2007; and 11.0% increase effective January 1, 2008. .
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF SEWARD, ALASKA, that:
Section 1. The City Council ofthe City of Seward hereby rescinds Resolution 2005-
- 27 approved on April 25, 2005.
CITY OF SEWARD, ALASKA
RESOLUTION 2005-30
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Section 2. The City Council of the City of Seward hereby adopts Alternatives 1 and
2 (as reflected in Tryck, Nyman, Hayes, Inc. Harbor Layout maps dated 4/5/05) with the
exception that Z-float and the associated water service to Z-float be deleted from the initial
phase of this project.
Section 3. The City Council of the City of Seward resolves to amend the Port and
Harbor Tariffto increase the moorage rates by 35.58%, increasing the linear foot rate from
$35.80 to $48.54.
Section 4. The increase in the harbor tariff rates shall be implemented incrementally,
as follows: 12.58% increase effective January 1, 2006; 12.0% increase effective January 1,
2007, and 11.0% increase effective January 1, 2008.
Section 5. This resolution shall take effect 30 days after adoption.
PASSED AND APPROVED by the City Council ofthe City of Seward, Alaska this
9th day of May, 2005.
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THE CITY OF SEWARD, ALASKA
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Vanta Shafer, Mayor
AYES:
NOES:
ABSENT:
ABSTAIN:
Amberg, Valdatta
Branson, Dunham, Clark, Lorenz, Shafer
None
None
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