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<br />I <br /> <br />I <br /> <br />I <br /> <br />Sponsored by: Janke <br /> <br />CITY OF SEWARD, ALASKA <br />RESOLUTION 2000-076 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, <br />ALASKA, AUTHORIZING THE CITY MANAGER TO ENTER INTO A <br />NEW LEASE AGREEMENT WITH JAMES T. PRUITT FOR A PORTION <br />OF TRACT A, NORTH HARBOR SUBDIVISION, SEWARD RECORDING <br />DISTRICT, THIRD JUDICIAL DISTRICT, STATE OF ALASKA, FOR THE <br />PURPOSES OF OPERATING A GASOLINE STATION AND RETAIL <br />MERCHANDISE FACILITY <br /> <br />WHEREAS, James T. Pruitt (Lessee) has proposed a lease term extension to his existing <br />lease agreement, Lease Number RE-84-043 with the City of Seward for a portion of Tract A, North <br />Harbor Subdivision, Seward Recording District, Third Judicial District, State of Alaska, for the <br />purposes of operating a gasoline station and retail merchandise facility; and <br /> <br />WHEREAS, the current lease has been iIi effect since May 1, 1984 and the Lessee has <br />established a gasoline station and retail merchandise facility on the leased land; and <br /> <br />WHEREAS, the Lessee has recently completed extensive capital improvements to the leased <br />property and desires to take advantage of improved fmancing arrangements and can only do so by <br />extension of his lease term; and <br /> <br />WHEREAS, the City desires to update the form and content of the old lease and bring the <br />lease up to date by terminating Lease Number RE-84-043 and entering into a new lease agreement <br />with Lessee using current forms, terms and conditions in conjunction with the lease term extension; <br />and <br /> <br />WHEREAS, the City is currently platting certain City property including the leased land and <br />will include on such plat certain easements, rights-of-way, and the like affecting the leased land and <br />adjoining property; and <br /> <br />WHEREAS, it is in the public interest to promote continued and increased retail activity of <br />this type within the City and benefit the community through stability, job growth and other related <br />economic impacts; <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF SEWARD, ALASKA, that: <br />