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HomeMy WebLinkAboutRes1975-917 r- , ':"T"" ..,,'~ f .. .. ~ 'l.' RESOLUTION NO. 917 Volume 16 a2;e 91 /1 /.0/''': /C~l James R. Fllip, City Clerk-Treasurer Attached to and made a part of the minutes of the Seward City CITY OF SEWARD, ALASKA A RESOLUTION PROVIDING FOR THE AMEND- MENT OF THE LEASE BETWEEN THE CITY OF SEWARD .AND THE UNIVERSITY OF ALASKA RELATING TO TRACT ONE (1) CITY OF SEWARD WATERFRONT TRACTS, BY INCREASING THE TERM FROM THIRTY (30) TO FIFTY-FIVE (55) YEARS. WHEREAS, the Seward City Council finds that it is in the public interest to amend the lease between the City of Seward and the University of Alaska dated September 25, 1970, relating to Tract One (1), City of Seward Waterfront Tracts, to increase the term thereof from thirty (30) to fifty-five (55) years. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, THAT: Section 1. The City Manager is authorized and directed to execute the attached lease amendment, providing for an increase in the term of the original lease from thirty (3) to fifty-five (55) years, and also providing that the remainder of the lease will continue in full force and effect. Section 2. This resolution shall become effective thirty (30) days after adoption, passage, and posting, in accord with Sections 2-81 through 2-85 of the Seward City Code of Ordinances. OF PASSED AND APPROV~ BY THE CITY COUNCIL OF SEWARD, ALASKA, this I~_day of May, 1975. CITY OF SEWARD, ALASKA THE CITY By RJ,~j A.~J Mayor AYES: Dague, McCloud, Oldow, Getman and Hulm. NOES: NON E ABSENT: Lutz Abstention: Neve" Approved as to Form: HUGHES, THORSNESS, LOWE, GANTZ & POWELL, Attorneys for the City of Seward