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Resolution 18-075 Approving Lease Re-Assignment Transfer for Salty Dawg Saloon to Warren LLC
Summary
A Resolution of the City Council of Homer, Alaska, Approving a Lease Re-Assignment for the Transfer of the Salty Dawg/John Warren Lease from name of John Warren to Warren, LLC., and Authorizing the City Manager to Execute the Appropriate Documents.
Ordinance/Resolution ID:
18-075
Ordinance/Resolution Status:
Adopted
Introduction Date:
09/24/2018
Effective Date:
09/24/2018
Related Meetings
Details
CITY OF HOMER
HOMER, ALASKA
City Manager
RESOLUTION 18-075
A RESOLUTION OF THE HOMER CITY COUNCIL APPROVING A LEASE ASSIGNMENT FROM JOHN WARREN TO WARREN, LLC, THE OWNER OF THE SALTY DAWG SALOON, AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE APPROPRIATE DOCUMENTS FOR A NEW 20-YEAR LEASE WITH OPTIONS FOR 2 CONSECUTIVE 5 YEAR RENEWALS ON LOT 30 HOMER SPIT SUBDIVISION AMENDED AT AN ANNUAL RATE OF $8,900.00.
WHEREAS, John Warren, owner of the Salty Dawg Saloon, applied to transfer the Salty Dawg lease to his limited liability corporation, Warren LLC; and
WHEREAS, Warren LLC submitted a complete application pursuit Homer City Code (HCC) 18.08.045; and
WHEREAS, The sole member, with 100% ownership, of Warren LLC is the John and Donna Warren Living Trust; 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 current code requirements; and
WHEREAS, The Port and Harbor Advisory Commission reviewed the application on August 22 2018 pursuant HCC 18.08.060 and recommend a new lease on Lot 30 Homer Spit Subdivision amended; and
WHEREAS, HCC 18.08.160 (4) states the Council shall approve or deny the request for lease assignment by resolution.
NOW THEREFORE BE IT RESOLVED that the Homer City Council hereby approves the lease assignment of the Salty Dawg Saloon Lease from John Warren to Warren LLC, and authorizes the City Manager to execute a new 20-year lease with options for 2 consecutive 5 year renewals on Lot 30 Homer Spit Subdivision Amended at an annual base rent of $ 8,900.00 for the purpose of operating the Salty Dawg Saloon.
PASSED AND ADOPTED by the Homer City Council this 24th day of September, 2018.
CITY OF HOMER
DONNA ADERHOLD, MAYOR PRO TEMPORE
ATTEST:
MELISSA JACOBSEN, MMC, CITY CLERK
Fiscal note: $8,900 annually