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Resolution 19-001 Lease Assignment from Homer Enterprises Inc LLC to AKSnowgrl Rentals LLC
Summary
A Resolution of the City Council of Homer, Alaska, Approving a Lease Assignment from Homer Enterprises LLC to AKSnowgrl Rentals, LLC and Authorizing the City Manager to Execute the Appropriate Documents for a new Twenty Year Lease with Options for Two Consecutive Five Year Renewals for a Portion of Lot 5, as Shown on the Subdivision Plat Entitled Homer Spit Filed as Amended Plat Number 89-34, at an Annual Rate of $16,590.48. City Manager.
Ordinance/Resolution ID:
19-001
Ordinance/Resolution Status:
Adopted
Introduction Date:
01/14/2019
Effective Date:
01/14/2019
File Attachments:
Related Meetings
Related Memorandums
Details
CITY OF HOMER
HOMER, ALASKA
City Manager
RESOLUTION 19-001
A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA, APPROVING A LEASE ASSIGNMENT FROM HOMER ENTERPRISES LLC. TO AKSNOWGRL RENTALS, LLC. AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE APPROPRIATE DOCUMENTS FOR A NEW TWENTY YEAR LEASE WITH OPTIONS FOR TWO CONSECUTIVE FIVE YEAR RENEWALS FOR A PORTION OF LOT 5, AS SHOWN ON THE SUBDIVISION PLAT ENTITLED HOMER SPIT FILED AS AMENDED PLAT NUMBER 89-34, AT AN ANNUAL RATE OF $16,590.48.
WHEREAS, AKSnowgrl Rentals, LLC applied to transfer the Homer Enterprises LLC lease to AKSnogril Rentals, LLC as part of its purchase of the Sport’ Shed; and
WHEREAS, AKSnowgrl Rentals, LLC submitted a complete application pursuant to Homer City Code (HCC) 18; and
WHEREAS, AKSnowgrl Rentals, LLC has indicated in their lease application their intention of continuing the business previously listed in the lease between the City and Homer Enterprises LLC without changes; and
WHEREAS, Per HCC 18.08.110 the lease is in compliance and the past lease history has shown contractual obligations are satisfactorily met; and
WHEREAS, The lease assignment will be based on the City’s updated lease template which reflects the new and current code requirements; and
WHEREAS, The City Administration and the Port and Harbor Advisory Commission on December 12, 2018 reviewed the application pursuant HCC 18.08.060 and recommend a new 20-year lease with options for 2 consecutive 5-year renewals on a portion of Lot 5, as shown on the subdivision plat entitled HOMER SPIT filed as amended plat number 89-34; and
WHEREAS, HCC 18.08.160 (4) states the Council shall approve or deny the request for lease assignment via resolution.
NOW, THEREFORE, BE IT RESOLVED that the Homer City Council hereby approves the lease assignment of the Homer Enterprises, LLC. Lease from Homer Enterprises, LLC to AKSnowgrl Rentals, LLC, and authorizes the City Manager to execute a new twenty year lease with options for two consecutive five year renewals on a portion of Lot 5, as shown on the subdivision plat entitled HOMER SPIT filed as amended plat number 89-34, at an annual base rent of $16,590.48 for the purpose of operating a marine supply shop.
PASSED AND ADOPTED by the Homer City Council on this ___day of ________, 2019.
CITY OF HOMER
_______________________________
KEN CASTNER, MAYOR
ATTEST:
______________________________
MELISSA JACOBSEN, MMC, CITY CLERK
Fiscal Note: $16,590.48 Annually
