HomeMy WebLinkAboutRes1999-007CITY OF SEWARD, ALASKA
PORT AND COMMERCE ADVISORY BOARD
RESOLUTION N0.99-007
A RESOLUTION OF THE CITY OF SEWARD, ALASKA, PORT AND
COMMERCE ADVISORY BOARD, REQUESTING APPROPRIATION OF
A PORTION OF THE RAW FISH TAX TO THE HARBOR ENTERPRISE
FUND FOR CAPITAL IMPROVEMENTS.
WHEREAS, the majority of fish landed in Seward is accomplished at port and harbor
facilities; and
WHEREAS, processors pay an assessment to the State of Alaska based on the amount of
fished processed; and
WHEREAS, a portion of this assessment is remitted to the Kenai Peninsula Borough and
then shared with the City of Seward; and
WHEREAS, this money has traditionally gone into the General Fund and used for general
government services to the benefit of the community; and
WHEREAS, dedicating this money to the Harbor Enterprise Fund would assist in funding
essential capital improvements to facilities directly related to the collection of this assessment; and
WHEREAS, this board recognizes the impact on the General Fund as a result of transfemng
this revenue but feels the benefit to the Harbor more than offsets this impact; and
NOW, THEREFORE, BE IT RESOLVED, THE CITY OF SEWARD, ALASKA,
PORT AND COMMERCE ADVISORY BOARD RECOMMENDS that:
Section 1. The City Council appropriate that portion of the raw fish tax received from the
Kenai Peninsula Borough in excess of the amount of Raw Fish Tax revenue identified in the annual
budget to the Harbor Enterprise Major Maintenance, Repair and Replacement Fund for capital
improvements at the end of Fiscal Year 2000.
Section 2. The City Council continue to appropriate the raw fish tax received in this manner
annually to the Harbor Enterprise Major Maintenance, Repair and Replacement Fund.
PASSED AND APPROVED by the City of Seward, Alaska, Port and Commerce Advisory
Board this 1~` day of December, 1999.
TH F W RD, ALASKA
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Ron L ng, Chair an