HomeMy WebLinkAboutRes2004-001
Sponsored by: Shealy
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CITY OF SEWARD, ALASKA
RESOLUTION 2004-001
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SEWARD, ALASKA, AUTHORIZING LEASE AMENDMENT 2 TO
LEASE RE-97-107 FOR SALTWATER SAFARI, EXTENDING THE
LEASE TERM TO JANUARY 11, 2034
WHEREAS, Robert Candopoulos currently leases Lot 12, Block 6, Seward Small
Boat Harbor Subdivision for the purposes of operating Saltwater Safari Company; and
WHEREAS, Mr. Candopoulos plans to expand his facility; and
WHEREAS, in order to obtain more favorable financing, Mr. Candopoulos
requests an extension of the lease term to January 11, 2034; and
WHEREAS, the City Council has determined that the continued development of
the harbor area and operation of a charter business and lodging Lot 12, Block 6, is in the
public interest.
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NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF SEWARD, ALASKA, that:
Section 1. The City Manager is authorized to sign Lease Amendment 2 to Lease
RE-97 -107, in substantial from as attached hereto and incorporated by reference.
Section 2. This resolution shall take effect 30 days after adoption and posting.
PASSED AND APPROVED by the City Council of the City of Seward, Alaska
this 12th day of January 2004.
THE CITY OF SEWARD, ALASKA
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C. David Brossow, Mayor
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CITY OF SEWARD, ALASKA
RESOLUTION 2004-001
AYES:
NOES:
ABSENT:
ABSTAIN:
Shafer, Dunham, Clark, Amberg, Valdatta, Branson, Brossow
None
None
None
ATTEST:
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COUNCIL AGENDA STATEMENT
Meeting Date: January 12, 2004
Through: Phil Shealy, City Manager
From: Harbormaster, James B. Beckham
Agenda Item: Authorizing Lease Amendment 2 to Lease RE-97-107,
Extending the Lease Term to January 11, 2034 from
September 23, 2017
BACKGROUND & JUSTIFICATION:
Mr. Candopoulos is expanding his business and upgrading and remodeling the building on Lot 12,
Block 6, Seward Small Boat Harbor Subdivision.
In order to obtain more favorable financing for his project, Mr. Candopoulos has requested a change
in the lease term for the property. The lease runs through September 23, 2017 and the lessee requests
a change in the term to run through January 11, 2034.
The lessee is current on all real, personal and sales taxes, utilities, lease payments assessments,
licenses and required insurance. An appraisal is not necessary at this time because the year 2000
reappraised rates from the prior leases will be continued, and the lease rates will be adjusted in 2005
and each five years thereafter under the terms of the lease.
1. Comprehensive Plan X
Economic Development, Small Boat Harbor Development: expand and maximize potential of the
existing harbor.
2. Strategic Plan X_
Growth Management and Land Use Planning: Promote residential and commercial development
inside the city
3. Other: Municipal Lands Management Plan X
Leases: …continue to dispose of commercial and industrial lands through long term leases…
Small Boat Harbor Management Plan
Lands: …ensure that existing lease sites are fully developed…
FISCAL NOTE:
Estimated staff and legal time costs to prepare the documents associated with this lease amendment is
$1,000. These leases generate $4,600 in annual rent.
Approved by Finance Department
RECOMMENDATION:
Council approve Resolution 2004-01, authorizing Lease Amendment 2 to Lease RE-97-107,
extending the lease term to January 11, 2034.
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