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<br />CITY OF SEWARD, ALASKA <br />PORT AND COMMERCE ADVISORY BOARD <br />RESOLUTION NO. 2002-05 <br /> <br />A RESOLUTION OF THE CITY OF SEWARD, ALASKA, PORT AND COMMERCE <br />ADVISORY BOARD, RECOMMENDING A MOORAGE RATE INCREASE TIED TO THE <br />ANCHORAGE CONSUMER PRICE INDEX <br /> <br />WHEREAS, the current total annual revenue generated by the Harbor Enterprise Fund <br />covers annual expenses generated by the harbor enterprise fund; and <br /> <br />WHEREAS, the moorage rates in the City of Seward Small Boat Harbor have not been <br />increased since 1993; and <br /> <br />WHEREAS, annual operating expenses will rise in conjunction with inflationary <br />pressures; and <br /> <br />WHEREAS, the harbor users do not favor a full cost recovery plan where the users <br />carry the entire financial burden of the harbor infrastructure replacement; and <br /> <br />WHEREAS, the harbor enterprise fund may sustain a negative economic impact if <br />harbor users moved vessels to other ports a result of significant fee increase; and <br /> <br />WHEREAS, tying moorage fees to inflation will allow time for the City of Seward and <br />the Harbor Enterprise Fund to establish and fund a capital improvement plan; and <br /> <br />NOW, THEREFORE, BE IT RESOLVED AND RECOMMENDED BY THE PORT AND <br />COMMERCE ADVISORY BOARD OF THE CITY OF SEWARD, ALASKA, that: <br /> <br />Section 1. The City Council of the City of Seward, Alaska approves and adopts by <br />resolution an annual moorage rate increase tied to the consumer price index for Anchorage, <br />Alaska and provide for a process review in detail every five years. <br /> <br />PASSED AND APPROVED by the City of Seward, Alaska, Port and Commerce Advisory <br />Board this 3rd day of April, 2002. <br /> <br />AYES: Kasischke, Mercer, VanBuskirk, <br />Goodwill, Wille <br />NOES: Lechner <br />ABSENT: Altermatt, Jordan, Pruitt <br />ABSTAIN: None <br /> <br />THE CITY OF SEWARD, ALASKA <br /> <br />c;2-d~ <br /> <br />Ron Wille, Chair <br />