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Sponsored by: Hunt CITY OF SEWARD, ALASKA RESOLUTION 2014-092 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, REVISING SECTIONS 200 AND 205 OF THE HARBOR TARIFF IN ORDER TO REVISE BILLING PRACTICES TO MEET INTERNAL REVENUE SERVICE COMPLIANCE FOR TAX-EXEMPT REVENUE BONDS WHEREAS, in the process of re-financing Harbor Revenue Bonds the city learned from Bond Counsel that Internal Revenue Service rules for Tax-Exempt Revenue Bonds require a change in harbor billing and moorage renewal rules; and WHEREAS, the harbor in the past has offered customers the option to renew moorage for up to one year at a time; and WHEREAS, the harbor can meet the IRS rules by limiting renewal contracts to six months; and WHEREAS, it is necessary for the city to revise the Harbor Tariff to comply with the IRS requirements; and WHEREAS, this amendment also includes a technical change of ownership of the shiplift from Seward Ship's Drydock to Vigor Alaska. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA that: Section 1. The Preface of the Port& Harbor Tariff Regulations is amended as follows: Strikeout=delete Bold italics =new PREFACE Forms All forms referenced in this document may be obtained from the Seward City Clerk's Office or the Harbormaster's Office. Shiplift/SyncroLift forms are available at .- : : -' : - the Vigor Alaska — Seward, LLC office at the Marine Industrial Center. These forms include, but are not limited to, Vessel Moorage Application, and supplements thereto; Application and Agreement for Reserved Moorage; Application and Agreement for Transient Moorage; Boat Lift Agreement; Vessel Shiplift Use Application, and Supplements thereto; Shiplift System Use Permit; Terminal Use Permit; Prepayment Agreement; and Uplands Storage Agreement.