Loading...
HomeMy WebLinkAboutOrdinance No. 2933-2016EHe cih of Sponsored by: City Manager CITY OF KENAI ORDINANCE NO. 2933 -2016 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AUTHORIZING AN AMENDMENT TO EXTEND THE TERM OF LEASE TO 2035 OF CERTAIN CITY - OWNED LAND, IDENTIFIED AS A PORTION OF LOT 3, BLOCK 17, ORIGINAL TOWNSITE OF KENAI AND THE BUILDING KNOWN AS THE "FINE ARTS CENTER-, TO THE PENINSULA ART GUILD, INC, WITHOUT A CURRENT APPRAISAL AND DECLARING AN AMENDMENT TO THE LEASE IS IN THE BEST INTEREST OF THE CITY. WHEREAS, since December 1991 and until the Lease was assigned to the Peninsula Arts Guild, Inc., on September 8, 2000, the City has leased the Fine Arts Center to the Kenai Arts & Humanities Council for one dollar ($1.00) per year to provide a building to house the Fine Arts Center for the benefit of the local community; and, WHEREAS, the Fine Arts Center is currently in need of general repair and updating; and, WHEREAS, the current Lease is scheduled to expire on December 31, 2020, and the Peninsula Art Guild, Inc., has requested an extension of the Lease until December 31, 2035 under the same terms and conditions as the existing Lease in order to obtain grant funding for a substantial repair, renovation, and upgraded of the premises; and, WHEREAS, Kenai Municipal Code 22.05.055 requires lease terms to be based on the durability of the proposed use, the amount of investment proposed and made, the nature of the improvement proposed, and the time required to amortize the investment; and, WHEREAS, Kenai Municipal Code 22.05.050 requires that prior to renewal of a lease, there must be an appraisal within the last twelve (12) months to determine a fair market lease rate; and, WHEREAS, it is in the best interest of the City to waive KMC 22.05.050 and 22.05.055 as a fair market lease is not sought and such appraisal would result in the unnecessary expenditure of funds and the City owns the improvements; and, WHEREAS, the directors of the Peninsula Art Guild, Inc., have requested that City Administration expedite its request to Execute an Extension of Lease in order to obtain available grant funding; and, WHEREAS, Kenai Municipal Code 22.05.070 and 22.05.125 allow the City Council to deviate from the principles and policy of lease rates in the best interest of the City and for Non - Profits; and, New Text Underlined; ]DELETED TEXT BRACKETED] Ordinance No. 2933 -2016 Page 2 of 3 WHEREAS, the Planning and Zoning Commission reviewed this Ordinance at its December 14, 2016 regular meeting and recommended the City proceed with the lease extension; and, WHEREAS, an extension of the current lease to the Peninsula Arts Guild under the same terms and conditions of the existing lease at a rate of one dollar ($1.00) per year is in the best interests of the City. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI ALASKA, that: Section 1. Form: That this is a non -code ordinance Section 2. Wavier of Code Requirements: That the Council of the City of Kenai waives the following provisions of the Kenai Municipal Code as it pertains to the lease renewal, a portion of Lot 3, Block 17, Original Townsite of Kenai and the building known as "The Fine Arts Center," to the Peninsula Art Guild, Inc. only: (a) KMC 22.05.050 to allow for a renewal of lease without an appraisal within a twelve (12) month period prior to the beginning of the term of the renewal lease. (b) KMC 22.05.055 to allow for the term of the lease not to depend upon the durability of the proposed use, the amount of investment in improvement proposed and made, and the nature of the improvement proposed with respect to durability and time required to amortize the proposed investment. Section 3. Best Interest Finding: That it is in the best interest of the City to deviate from the principles and policy of lease rates to provide for a lease renewal to the Peninsula Art Guild, Inc. for an annual rental rate of one dollar ($1.00) per year to support the Kenai Arts Community. Section 4. That the purpose of the lease amendment is to extend the term of the Lease to December 31, 2035. Section 5. That the City Manager is authorized to enter into a lease amendment and extension with the Peninsula Arts Guild, Inc. consistent with the terms of this Ordinance. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 4th day of January, 2017. BRIAN GABRIEL, MAYOR New Text Underlined; ]DELETED TEXT BRACKETED] Ordinance No. 2933 -2016 Page 3 of 3 C 1lUAi1.. ATTEST: Sandra" rty C r ,A pVNDE� New Text Underlined; [DELETED TEXT Introduced: December 7, 2016 Enacted: January 4, 2017 Effective: January 4, 2017 THIRD AMENDMENT TO LEASE THIS Third Amendment to Lease is made as of the day of 2016, by and between the CITY OF KENAI (City), a municipal corporation whose address is 210 Fidalgo Avenue, Kenai, Alaska 99611, and PENINSULA ART GUILD, INC. (Lessee), whose address is P.O. Box 2311, Kenai, Alaska 99611 -0703. WITNESSETH WHEREAS, on May 23, 1995, the City entered into a lease with the Kenai Arts & Humanities Council for City -owned lands identified as a portion of Lot 3, Block 17, Original Townsite of Kenai and the building known as the Fine Arts Center, which lease was recorded at Book 464 Pages 768 -776 on June 13, 1995, in the Kenai Recording District, Third Judicial District, State of Alaska (the Lease); and, WHEREAS, since May 23, 1995, the rights under the Lease have been assigned to the Peninsula Arts Guild; and, WHEREAS, an Amendment to Lease recorded at Book 486 Pages 465 -466 on June 13, 1996 extended the term of the Lease to June 30, 2015 and required the Lessee to submit to the City Council, for approval, any proposed construction plans for the property; and, WHEREAS, a Second Amendment to Lease recorded on December 26, 2013, under Document Number 2013 - 012032 -0, extending the term of the Lease until December 31, 2020 and to amend the purpose to provide a building to house the Fine Arts Center for the benefit of the local community; and, WHEREAS, the parties have agreed to extend the term of the Lease to December 31, 2035. NOW THEREFORE, the parties agree as follows: 1. The term of this Lease has been extended until December 31, 2035. Except as expressly modified or stated herein, all other terms and conditions of the Lease (as amended) remain in full force and effect. Third Amendment to Lease — Peninsula Art Guild, Inc. Page 1 of 3 CITY OF KENAI BY: Rick R. Koch Its: City Manager PENINSULA ART GUILD Its: ACKNOWLEDGMENTS State of Alaska ss Third Judicial District The foregoing instrument was acknowledged before me this day of 2017, by Rick R. Koch, City Manager for the City of Kenai. Notary Public of Alaska My Commission Expires: State of Alaska ) ) ss Third Judicial District ) The foregoing instrument was acknowledged before me this _ day of , 2017, by (Name), (Title), on behalf of PENINSULA ART GUILD, INC, a Alaska Corporation, on behalf of the Corporation. Notary Public of Alaska My Commission Expires: Third Amendment to Lease — Peninsula Art Guild, Inc. Page 2 of 3 Approved as to form: Scott Bloom City Attorney 1- \QUR CITY OF KENAI 210 Fidalgo Avenue Kenai, AK 99611 -7794 Third Amendment to Lease — Peninsula Art Guild, Inc. Page 3 of 3 'Villaye with a Past, C# with a Future 210 Fidalgo Avenue, Kenai, Alaska 99611 -7794 � Telephone: 907 - 283 -7535 / FAX: 907 - 283 -3014 111111 1992 MEMORANDUM: �^ TO: Rick Koch, City Manager FROM: Matthew Kelley, City Planner DATE: November 30, 2016 SUBJECT: Ordinance No 2933 - 2016 Peninsula Art Guild, Inc. Request for Lease Extension Lease of City Lands, Portion of Lot 3, Block 17, Original Townsite of Kenai The purpose of this communication is to provide additional information in support of Ordinance No. 2933 - 2016, which authorizes an extension and amendment of the above referenced Lease of City Lands without a current appraisal. Furthermore, the finding that it is in the best interest of the City to deviate from the principles and policy of lease rates to allow for a lease renewal at an annual rate of $1.00 per year. The subject parcel and building have been leased at an annual rate of $1.00 per year for the purpose of providing a building to house the Fine Arts Center for the benefit of the local community since 1991. Prior to 1991, the purpose for which the Lease was issued was as a ,.meeting place and display area for crafts." On December 18, 2013, the City Council approved an extension and amendment of the subject Lease to December 31, 2020. The current request is to extend the Lease to December 31, 2035 under the same terms and conditions in order to justify future building maintenance and repair expenditures, satisfy multi -year grant funding requirements, and pursue future funding opportunities. The City's principles and policy of lease rates as outlined in Kenai Municipal Code require a fair return to the City's General Fund. The ensure a fair return, lease rates are based on fair market value as determined by a qualified independent appraiser and are 8% of fair market value. In absence of an appraisal, the best available information on the value of the land area and building improvements is the Kenai Peninsula Borough Assessment, which is approximately $195,451.50 (see attached). Based on this value, the annual lease rate would be approximately $15,607.32. Thank you for your consideration. Attachment: Resolution No. 2016 -47 Calculation of Pro -Rated Peninsula Borough Assessments for Parcel No. 047 - 101 -05, 816 Cook Avenue Land Value Improvement Value Total KPB Assessed Value Total Parcel 047 - 101 -05 $187,600.00 $187,800.00 $368,400.00 Land Area Pro -Rated Assessed Area (SF) Value Area #1- City Playground 44,400 $96,089.71 Area #2 - Kenai Historical Society 17,400 $37,656.78 Area #3 - Peninsula Art Guild Inc. 24,884 $53,853.52 Totals 86,684 $187,600.00 Pro -Rated Assessed Building Improvements Area (SF) Value Area #1- City Playground 0 Area #2 - Kenai Historical Society 960 $46,561.98 Area #3 - Peninsula Art Guild Inc. 2,912 $141,238.02 Totals 3,872 $187,800.00 Total Pro -Rated Assessed Value Area #1- City Playground $96,089.71 Area #2 - Kenai Historical Society $84,218.76 Area #3 - Peninsula Art Guild Inc. $195,091.54 r NOV 1 b RECD November 6, 2016 Mr Koch: I am writing on behalf of the Peninsula Art Guild. We hold the lease for the property, known as the Fine Arts Center, located at 816 Cook Avenue. The lease is set to expire in 2020. The building is in need of repairs and renovation, therefore we would like to extend the lease through 2035 to pursue possible grants. This would show potential funders that we intend to remain in this location and the city approves of us as lessee. Sincerely, Benjamin Jackinsky Secretary, Peninsula Arts Guild Box 2311 Kenai, Alaska 99611 "'Villaye with a Past, C# with a Future if 210 Fidalgo Avenue, Kenai, Alaska 99611 -7794 ` Telephone: 907 - 283 -7535 / FAX: 907 - 283 -3014 11111.r 1992 V MEMORANDUM: TO: Rick Koch, City Manager FROM: Matthew Kelley, City Planner ihG DATE: December 27, 2016 SUBJECT: Ordinance No 2933 - 2016 Peninsula Art Guild, Inc. Request for Lease Extension Lease of City Lands, Portion of Lot 3, Block 17, Original Townsite of Kenai The purpose of this communication is to provide additional information in support of Ordinance No. 2933 - 2016, which authorizes an extension and amendment of the above referenced Lease of City Lands without a current appraisal. Furthermore, the finding that it is in the best interest of the City to deviate from the principles and policy of lease rates to allow for a lease renewal at an annual rate of $1.00 per year. Pursuant to Kenai Municipal Code, Section 22.05.045 the subject Lease Extension was approved by the Planning and Zoning Commission at their regular meeting of December 14, 2016. Therefore, staff would like to recommend an amendment to Ordinance No. 2933 -2016 and a replacement of 91h WHEREAS with the following: WHEREAS, the Planning and Zoning Commission reviewed this Ordinance at its December 14, 2016 regular meeting and recommends the City proceed with the lease extension; and, Thank you for your consideration. CITY OF KENAI PLANNING AND ZONING COMMISSION RESOLUTION NO. PZ16 -42 A RESOLUTION OF THE PLANNING AND ZONING COMMISSION OF THE CITY OF KENAI, RECOMMENDING AN ORDINANCE TO THE COUNCIL OF THE CITY OF KENAI, CONSENTING TO AN AMENDMENT TO EXTEND THE TERM OF LEASE UNTIL 2035 OF CERTAIN CITY -OWNED LAND, IDENTIFIED AS A PORTION OF LOT 3, BLOCK 17, ORIGINAL TOWNSITE OF KENAI AND THE BUILDING KNOWN AS THE "FINE ARTS CENTER ", TO THE PENINSULA ART GUILD, INC., WITHOUT A CURRENT APPRAISAL AND DECLARING AN AMENDMENT TO THE LEASE IS IN THE BEST INTEREST OF THE CITY. WHEREAS, since December 1991 and until the Lease was assigned to the Peninsula Arts Guild, Inc., on September 8, 2000, the City has leased the Fine Arts Center to the Kenai Arts & Humanities Council for one dollar ($1.00) per year to provide a building to house the Fine Arts Center for the benefit of the local community; and, WHEREAS, the Fine Arts Center is currently in need of general repair and updating; and, WHEREAS, the current Lease is scheduled to expire on December 31, 2020, and the Peninsula Art Guild, Inc., has requested an extension of the Lease until December 31, 2035 under the same terms and conditions as the existing Lease in order to obtain grant funding for a substantial repair, renovation, and upgraded of the premises; and, WHEREAS, Kenai Municipal Code 22.05.055 requires lease terms to be based on the durability of the proposed use, the amount of investment proposed and made, the nature of the improvement proposed, and the time required to amortize the investment; and, WHEREAS, Kenai Municipal Code 22.05.050 requires that prior to renewal of a lease, there must be an appraisal within the last twelve (12) months to determine a fair market lease rate; and, WHEREAS, it is in the best interest of the City to waive KMC 22.05.050 and 22.05.055 as a fair market lease is not sought and such appraisal would result in the unnecessary expenditure of funds and the City owns the improvements; and, WHEREAS, the directors of the Peninsula Art Guild, Inc., have requested that City Administration expedite its request to Execute an Extension of Lease in order to obtain available grant funding; and, WHEREAS, an extension of the current lease to the Peninsula Arts Guild under the same terms and conditions of the existing lease at a rate of one dollar ($1.00) per year is in the best interests of the City; and, WHEREAS, pursuant to KMC 22.05.045, no leased land may be changed in use, nor may any renewal lease be issued until the proposed use or renewal has been reviewed by the Planning and Zoning Commission and approved by the City Council NOW, THEREFORE, BE IT RECOMMENDED TO THE COUNCIL OF THE CITY OF KENAI, ALASKA, THAT AN ORDINANCE BE ENACTED TO AMEND AND EXTEND THE TERM OF LEASE UNTIL 2035 OF CERTAIN CITY -OWNED LAND, IDENTIFIED AS A PORTION OF LOT 3, BLOCK 17, ORIGINAL TOWNSITE OF KENAI AND THE BUILDING KNOWN AS THE "FINE ARTS CENTER ", TO THE PENINSULA ART GUILD, INC., WITHOUT A CURRENT APPRAISAL AND DECLARING AN AMENDMENT TO THE LEASE IS IN THE BEST INTEREST OF THE CITY. Resolution No. PZ16 -42 Page 2 of 2 PASSED BY THE PLANNING AND ZONING COMMISSION OF THE CITY OF KENAI, ALASKA, this 14th day of December, 2016. CHAIRPERSON: -=c Jeff Twait, Chairp son A