HomeMy WebLinkAboutRes2007-121Sponsored by: Oates
CITY OF SEWARD, ALASKA
RESOLUTION 2007-121
A RESOLUTION AUTHORIZING THE CITY MANAGER TO DIRECT
RENTAL INCOME FROM LOTS 1 THROUGH 6, BLOCK 8 ORIGINAL
TOWNSITE OF SEWARD, ALASKA INTO A RESERVE ACCOUNT FOR
THE DEVELOPMENT AND CONSTRUCTION OF THE SEWARD
COMMUNITY LIBRARY MUSEUM
WHEREAS, the City of Seward purchased Lots 1 through 6, Block 8 ORIGINAL
TOWNSITE OF SEWARD, ALASKA as the future site of the Seward Community Library
Museum; and
WHEREAS, at the time of purchase the buildings on the property were rented to Ray
Weaver of Ray's Reusables; and
WHEREAS, The City of Seward entered into amonth-to-month rental arrangement
with Mr. Weaver that is in place today; and
WHEREAS, continued City Council support of the library museum will assist in the
fundraising efforts for the project.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF SEWARD, ALASKA that:
Section 1. The City Council of the City of Seward directs the City Manager to
designate all rental income in the amount of $500 per month from Lots 1 through 6, Block 8
ORIGINAL TOWNSITE OF SEWARD, ALASKA that shall be applied to a reserve account
for the development and construction of the Seward Community Library Museum.
Section 2. The funds shall be retroactively applied to the Seward Community Library
Museum reserve account effective January 1, 2007.
Section 3. In the case that the library museum does not materialize, the funding will
revert back to the City of Seward's general fund.
Section 4. This resolution shall take affect immediately upon its adoption.
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 13th
day of November 2007.
CITY OF SEWARD, ALASKA
RESOLUTION 2007-121
THE CITY OF SEWARD, ALASKA
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Clark Corbridge, Mayor
AYES: Dunham, Valdatta, Bardarson, Amberg, Kellar, Corbridge
NOES: None
ABSENT: Smith
ABSTAIN: None
ATTEST:
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Johanna Dollerhi e, CMC
Acting City Clerk
(City Seal)
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Council Agenda Statement
Meeting Date: November 13, 2007
To: Mayor Corbridge and Council Members
From: Phillip Oates, City Manager~~
Agenda Item: Authorizing the City Manager to Direct Rental
Income from Lots 1 through 6, Block 8
ORIGINAL TOWNSITE OF SEWARD, ALASKA into a Special Account
Reserved for Development and Construction of the Seward Community
Library Museum
BACKGROUND & JUSTIFICATION:
In December 2006, the City of Seward purchased six city lots east of the library as the future site
of the Seward Community Library Museum. At time of purchase the existing buildings on the
property were occupied by Ray Weaver of Ray's Reusables, who currently rents the facility from
the City of Seward for the amount of $500 per month.
INTENT:
As purchase of the property and designation of its' rental revenue to the library museum project
are positive actions that reflect City Council support of the library museum and will assist in the
fundraising efforts for the project, it is the wish of Council to have these funds designated for the
construction of the library museum facility. It is the intent of this resolution that City Council
direct the City Manager to place the rental income derived from leasing this property into a
reserve account. The funds in this account will accrue throughout the fundraising and
development phases of the project. Additionally, funds in this account will be available for
development and construction of the project as directed by the City Manager.
CONSISTENCY CHECKLIST:
Where applicable, this resolution is consistent with the Seward City Code, Charter, Comprehensive
Plans, Land Use Plans, Strategic Plan and City Council Rules of Procedures.
Other:
FISCAL NOTE: ~~
Approved by Finance Department:
RECOMMENDATION:
Council approves Resolution 2007- / a ( Authorizing the City to direct rental income from Lots 1
through 6, Block 8 ORIGINAL TOWNSITE OF SEWARD, ALASKA in the amount of $500 per
month into a reserve account for the development and construction of the Seward Community
Library Museum.
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