A Resolution of the City Council of Homer, Alaska, Approving a New Short Term Lease (Six Months) for Peninsula Scrap and Salvage on a Portion of Lot 12, Homer Spit Subdivision No. 5 and Authorizing the City Manager to Execute the Appropriate Documents. City Manager.
CITY OF HOMER
A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA, APPROVING A NEW SHORT TERM LEASE (SIX MONTHS) FOR PENINSULA SCRAP AND SALVAGE ON A PORTION OF LOT 12, HOMER SPIT SUBDIVISION NO. 5, AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE APPROPRIATE DOCUMENTS.
WHEREAS, Peninsula Scrap and Salvage has been conducting operations on a portion of the chip pad under the terms of a short term lease which expired on January 7, 2012 and has continued its tenancy on a month to month basis under Section 2.02 of the lease since that time; and
WHEREAS, Peninsula Scrap and Salvage has requested a new short term lease for the same square footage with a term beginning May 1, 2012 and ending November 1, 2012; and
WHEREAS, Peninsula Scrap and Salvage has been a very good tenant and it has generated revenue for the port, created jobs, and provided a valuable public service with its community clean-up and recycling business; and
WHEREAS, Section 11 (G) (3) of the Lease Policies provide that “no consecutive short term leases for the same property to the same lessee may be issued without approval of the City Council”; and
WHEREAS, The administration recommends a new short term lease based upon the performance and business plan of the lessee and the best interest of the City.
NOW, THEREFORE, BE IT RESOLVED that the Homer City Council hereby approves a new short term lease for Peninsula Scrap and Salvage on a portion of Lot 12, Homer Spit Subdivision No. 5, and authorizes the City Manager to execute the appropriate documents.
PASSED AND ADOPTED by the Homer City Council this 23rd day of April, 2012.
CITY OF HOMER
JAMES C. HORNADAY, MAYOR
JO JOHNSON, CMC, CITY CLERK
Fiscal Note: Lease revenues for six month period: $16,350.