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HomeMy WebLinkAboutRes1998-036 I I I Sponsored by: Gifford CITY OF SEWARD, ALASKA RESOLUTION NO. 98-036 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, APPROPRIATING FUNDS FROM THE HARBOR ENTERPRISE FUND LAND SALE ACCOUNT TO THE SEWARD FOREST PRODUCTS ACCOUNT TO COMPLETE THE LAND TRANSFER EXCLUDING THE TRANSFER OF CERTAIN TIDELANDS WHEREAS, the legal subject matter regarding the Seward Forest Products lease termination and the sale and lease of the property at the sawmill site has incurred approximately $52,735 in legal expenses through FY 1997; and WHEREAS, an additional $15,000 was appropriated to this legal subject matter in FY 1998; and WHEREAS, due to the complexities of the land transfer and the delay caused by the McDonald/Wakefield lawsuit, it has been difficult to budget actual legal costs for this subject matter; and WHEREAS, the legal costs through February 20 have exceeded the $25,000 budget; and WHEREAS, it is recommended that an additional $6,000 be appropriated to complete the land transfer with the exception of the tidelands and an additional $5,000 be appropriated to complete the second closing related to the tideland lease; and WHEREAS, the City has received approximately $366 in recovered legal costs for the McDonald/Wakefield lawsuit, $25,921 from the insurance proceeds for legal costs for the Jones vs. City of Seward lawsuit, $567 from the sale of tax foreclosed properties and $17,381 from Qutekcak Native Tribe for reimbursement oflegal fees related to the Seward Mariculture Facility Agreements; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The total of $11 ,000 is hereby appropriated from monies from the sale of the sawmill site. Section 2. The sum of$11 ,000 is hereby appropriated from the Harbor Enterprise Fund Land Sales, Account No. 401-4370-4640-0200 to Legal Subject Matter No. 4103, Seward Forest Products, Account No. 401-4370-5170-4103. CITY OF SEWARD, ALASKA RESOLUTION NO. 98-036 Section 3. This resolution shall take effect immediately upon its adoption. PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this 13 day of April, 1998. AYES: NOES: ABSENT: ABSTAIN: ATTEST: THE CITY OF SEWARD, ALASKA ~ Blatchford, Callahan, Clark, Gage, Orr, Satin None King None Pat~Qfc ReHl~ t. r~j{1 'CJ<,.llf, f:'o . v2't'~\.).tl-ll" , f'Z'C ~ .........~J......." ","', :. (j .' or-?O;:I.4;' t.: .:{ (C~.~Se~ <if g e [ R'i'~;Jf\. T \ ..JI ': """"'-.....a.:"1..LI : (0 . . ., . --e-_ . 1.1 . 0:1 \J .......t~ n. .. ,'- (;, .. ....1.( "v.... c .', ./'...... '''I';: 1 ,\l) ....8 "''''~'' ""i>~_".."'"''''"...J..''' c~~,;~." l;_~ " ~ ,..""..,>~,~ "':...",:'" ;;." .;.,..~,. ~.... .. .,... ~ ....:: ~. . ...