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Sponsored by: Oates <br />CITY OF SEWARD, ALASKA <br />RESOLUTION 2009-070 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SEWARD, ALASKA, AUTHORIZING TERMINATION OF THE <br />EXISTING LEASE WITH CHRISTOPHER J. THAYSE AND <br />AUTHORIZING THE CITY MANAGER TO ENTER INTO A NEW <br />LEASE WITH HARBOR HOLDINGS, LLC FOR LOT 1, BLOCK 8, <br />SEWARD SMALL BOAT HARBOR SUBDIVISION, PLAT 2000-19, <br />SEWARD RECORDING DISTRICT, THIRD JUDICIAL <br />DISTRICT, STATE OF ALASKA <br />WHEREAS, the City is the owner of real property described as Lot 1, Block 8, <br />Seward Small Boat Harbor Subdivision located in the City of Seward, Alaska; and <br />WHEREAS, the City of Seward entered into a Lease Agreement with Mr. <br />Christopher J. Thayse in on January 8, 2004; and <br />WHEREAS, Mr. Thayse desires to be released from his lease obligations and is <br />not in default of its lease; and <br />WHEREAS, Harbor Holdings, LLC desires to enter into a lease with the City in <br />the forni presented at this meeting. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />THE CITY OF SEWARD, ALASKA that: <br />Section 1. The City Manager is authorized to execute a Termination of Lease <br />with Chris J. Thayse and to execute a new lease with Harbor Holdings, LLC and a <br />Personal Guarantee by Gene Minden each in substantially the form as presented at this <br />meeting. <br />Section 2. This resolution shall take effect 60 days from the date and posting <br />of adoption and the authorization herein shall expire if the lease termination and new <br />lease are not executed by all parties by November 1, 2009. <br />PASSED AND APPROVED by the City Council of the City of Seward, Alaska, <br />this 10th day of August 2009. <br />