Memorandum 18-075 Lease Polices

Memorandum 18-075

TO:                               MAYOR ZAK AND HOMER CITY COUNCIL

FROM:                        PORT & HARBOR ADVISORY COMMISSION

THROUGH:               RENEE KRAUSE, CMC, DEPUTY CITY CLERK

DATE:                          JUNE 5, 2018

SUBJECT:                 AMENDMENTS TO ORDINANCE 18-16

 The Commission reviewed the draft Ordinance 18-16 and 18-16(S) at the regular meetings on April 25, 2018 and May 23, 2018 they proposed several amendments that were included in Memorandum 18-059 at the April meeting and approved additional amendments at their May meeting as follows:

Line 424, Section 18.08.100 (a) Insert “new” before the word “lease”

Insert the phrase, “or the transfer of a lease” after the word “lease”

Delete “one year” and insert “two years” after the word “within”

Line 425, Section 18.08.100 (a) – Insert the phrase “the renewal of a lease” after the words “prior to” and delete the word “renewal”

Line 430, Section 18.08.100 (c) – Amend the word “Leased” to “Leases”

Line 431 Insert after the word “lease.” The city may choose to have the property appraised sooner than the first five year anniversary of a new lease in order to clump properties together for group rate savings on appraisal costs.

      Line 454, Section 18.08.110 (a) delete the words “for less than” and insert “not to exceed” before 25%.

Following is the excerpt of the minutes of the May 23, 2018 regular meeting regarding the Commissions proposed amendments to Ordinance 18-16(S).

Recommendations

Approve the amendments proposed by the Port and Harbor Advisory Commission