HomeMy WebLinkAboutRes2005-069
Sponsored by: Corbridge
CITY OF SEWARD, ALASKA
RESOLUTION 2005-69
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, CONSENTING TO THE TERMINATION OF LEASE WITH
DOT AND LINNE BARDARSON AND ENTERING INTO A NEW LEASE
WITH MARK AND YOLANDA IFFLANDER, OF LOT 5B, BLOCK 1,
SMALL BOAT HARBOR SUBDIVISION
WHEREAS, the City of Seward entered into a Lease Agreement with Dot and Linne
Bardarson effective April 2004 for lease of Lot 5B, Block I, Seward Small Boat Harbor
Subdivision containing 4250 sq. ft more or less and as further described in the Lease; and
WHEREAS, Dot and Linne Bardarson desire to terminate the Lease in conjunction with a
sale of property to Mark and Yolanda Ifflander; and
WHEREAS, Mark and Yolanda Ifflander desire to enter into a new Lease with the City in
conjunction with their purchase of property from Dot and Linne Bardarson;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SEWARD, ALASKA, that:
Section 1. The City of Seward authorizes the City Manager to execute consent to a
Termination of Lease with Dot and Linne Bardarson and to execute consent to a new Lease with
- Mark and Yolanda Ifflander, each in substantially the form as presented at this meeting.
Section 2. This resolution shall take effect 30 days from the date hereof and posting, and the
authorization herein shall expire if the lease termination and new lease are not executed by all parties
by March 1, 2006.
PASSED AND APPROVED by the City Council ofthe City of Seward, Alaska, this 22nd
day of August, 2005.
THE CITY OF SEWARD, ALASKA
'~Ik-, M~uJ
Vanta Shafer, Mayor
AYES:
NOES:
ABSENT:
ABSTAIN:
Branson, Dunham, Amberg, Clark, Lorenz, Shafer
None
Valdatta
None
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ATTEST:
....
Council Agenda Statement
Meeting Date: August 22, 2005
Through: Clark Corbridge, City Manager
From: Scott Ransom, Harbormaster
Agenda Item: Consenting to a Termination of Lease with Dot and
Linne Bardarson and entering into a new Lease with
Mark and Yolanda Ifflander of Lot 5B, Block 1, Seward
Small Boat Harbor Subdivision.
BACKGROUND & JUSTIFICATION:
Dot and Linne Bardarson entered into a lease with the City of Seward effective April 2004 for a lot in
the harbor area. This Lease encompasses Lot 5B, Block 1, Seward Small Boat Harbor Subdivision in
the Seward Recording District. The Bardarsons request the City Council’s consent to terminate the
Lease at the time of the sale when transaction closes between the Bardarsons and Mark and Yolanda
Ifflander closes. The Ifflanders in turn request a new lease of the same real property. The Lease
Termination with the Bardarsons and new Lease with the Ifflanders would be substantially in the form
presented at this meeting. If approved by City Council, the consent to terminate the Bardarson’s lease
and enter into a new lease will be effective in Thirty (30) days. The termination and new lease would
be signed on the date the parties close. The City Council’s consent would expire March 1, 2006, if
the sale has not closed by that date.
The City recently conducted appraisals of its rental property and new rental rates are scheduled to
take effect later this year, based on fair market rental values. The assignment and release will not
decrease the rent paid to the City. The new lease includes an annual adjustment to rent based on the
Anchorage Consumer Price Index.
1. Comprehensive Plan X
Economic Development, Small Boat Harbor Development: expand and maximize potential of the
existing harbor.
2. Strategic Plan X_
Growth Management and Land Use Planning: Promote residential and commercial development
inside the city
3. Other: Municipal Lands Management Plan X
Leases: …continue to dispose of commercial and industrial lands through long term leases…
Small Boat Harbor Management Plan
Lands: …ensure that existing lease sites are fully developed…
FISCAL NOTE:
The rent is $_____ annually, subject to fair market value increases every five years as determined by
appraisals. Upon execution of the new lease, the rent will be subject to annual CPI increases each
year in between appraisal years.
Approved by Finance Department
RECOMMENDATION:
Council approve Resolution 2005-69, authorizing the CityManager to enter into a Lease Termination
with Dot and Linne Bardarson and a new Lease with Mark and Yolanda Ifflander for Lot 5B, Block
1, Seward Small Boat Harbor Subdivision.