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HomeMy WebLinkAboutResolution No. 2018-20U CITY OF KENAI RESOLUTION NO. 2018 - 20 Sponsored by: Administration A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, CONSENTING TO AN AMENDMENT EXTENDING THE TIMEFRAME FOR LEGACY ELECTRIC LLC, LESSEE, TO COMPLETE IMPROVEMENTS AS SET FORTH IN THE ORIGINAL LEASE OF AIRPORT RESERVE LANDS. WHEREAS, the City of Kenai and Legacy Electric LLC entered into a Lease of Airport Reserve Lands for City -owned lands described as follows: Lot Two (2), Block (1), GENERAL AVIATION APRON; and, WHEREAS, the Lease was recorded on March 25, 2015, under document number 2015-002299- 0, in the Kenai Recording District, Third Judicial District, State of Alaska; and, WHEREAS, Article XIV Section (B), Subsection (1), of the Lease included the following provision: REQUIRED IMPROVEMENTS: At no cost to the City, Lessee agrees to complete land development and construction of Permanent Improvements including removal of waste material previously buried on the site and construct two (2) 6-plex unit t -hanger heated complex, by no later than December 1, 2016, with an appraised value of at least $500,000.00. In addition to the as -built drawings required by this lease, the Lessee must submit to the City written evidence that the Lessee has completed the land development and constructed improvements on the Premises with an aggregate cost or investment of not less than $500,000.00. The evidence must be submitted to the City within sixty (60) days of the completion of the development and improvements, but by no later than September 1, 2016; and, WHEREAS, Legacy Electric LLC completed construction on the first t -hanger; however, construction has not begun on the second t -hanger; and WHEREAS, on March 26, 2018, Legacy Electric LLC submitted an application requesting the City of Kenai grant an extension for construction of the second hanger until December 1, 2018; and WHEREAS, at their regular meeting on April 11, 2018, the Planning and Zoning Commission reviewed the Amendment to Lease and recommend approval by the City Council; and WHEREAS, at their regular meeting on April 12, 2018, the Airport Commission reviewed the Amendment to Lease and recommended approval by the City Council. Resolution No. 2018-20 Page 2 of 2 NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA: Section 1. That a First Amendment to Lease of Airport Reserve Lands be entered into by the City of Kenai, Lessor, and Legacy Electric LLC, Lessee, amending Article XIV Section (B), Subsection (1), as follows: REQUIRED IMPROVEMENTS: At no cost to the City, Lessee agrees to complete land development and construction of Permanent Improvements including removal of waste material previously buried on the site and construct two (2) 6-plex unit t -hanger heated complex, by no later than December 1, 2018, with an appraised value of at least $500,000.00. In addition to the as -built drawings required by this lease, the Lessee must submit to the City written evidence that the Lessee has completed the land development and constructed improvements on the Premises with an aggregate cost or investment of not less than $500,000.00. The evidence must be submitted to the City within sixty (60) days of the completion of the development and improvements. Section 2. Except as expressly modified or stated herein, all other terms and conditions of the Lease remain in full force and effect. Section 3. That this resolution takes effect immediately upon adoption. ADOPTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 2nd day of May, 2018. ATTEST: City BRIAN G SR., MAYOR /KENAl Zij * -01 �O�4.....' ^!D ED 'U11ap w;d a Past, CA; wit% a f tie 210 Fidalgo Ave, Kenai, Alaska 99611-7794 Telephone: (907) 283-7535 1 Fax: (907) 283-3014 \the C# o f www. kenai.city I MEMORANDUM TO: Mayor Brian Gabriel and Kenai City Council THROUGH: Paul Ostrander, City Manager FROM: Willie Anderson, Planning Assistant DATE: April 24, 2018 SUBJECT: Resolution No. 2018-20 — First Amendment to Lease of Airport Reserve Lands — Lot 2, Block 1, General Aviation Apron — Legacy Electric LLC The City of Kenai, Lessor, and Legacy Electric LLC, Lessee entered into a Lease of Airport Reserve Lands on January 12, 2015, which included the following provision: REQUIRED IMPROVEMENTS: At no cost to the City, Lessee agrees to complete land development and construction of Permanent Improvements including removal of waste material previously buried on the site and construct two (2) 6-plex unit t - hanger heated complex, by no later than September 1, 2016, with an appraised value of at least $500,000.00. In addition to the as -built drawings required by this lease, the Lessee must submit to the City written evidence that the Lessee has completed the land development and constructed improvements on the Premises with an aggregate cost or investment of not less than $500,000.00. The evidence must be submitted to the City within sixty (60) days of the completion of the development and improvements, but by no later than September 1, 2016. The Lessee completed construction on the first t -hanger; however, construction has not begun on the second t -hanger. The Lease terms state the time period to complete construction on both t - hangers ended on September 1, 2016. Lessee states that the materials necessary for construction of the second t -hanger are on site. On March 26, 2018, Legacy Electric LLC submitted an application requesting the City of Kenai grant an extension for construction of the second hanger until December 1, 2018. Page 2 of 2 Resolution 2018-20 Accordingly, the City Attorney has prepared A First Amendment to Lease of Airport Reserve Lands to be executed by the City of Kenai and Legacy Electric LLC. Article XIV Section (B), Subsection (1), is hereby amended as follows: REQUIRED IMPROVEMENTS: At no cost to the City, Lessee agrees to complete land development and construction of Permanent Improvements including removal of waste material previously buried on the site and construct two (2) 6-plex unit t -hanger heated complex, by no later than December 1, 2018, with an appraised value of at least $500,000.00. In addition to the as -built drawings required by this lease, the Lessee must submit to the City written evidence that the Lessee has completed the land development and constructed improvements on the Premises with an aggregate cost or investment of not less than $500,000.00. The evidence must be submitted to the City within sixty (60) days of the completion of the development and improvements. Except as expressly modified or stated herein, all other terms and conditions of the Lease remain in full force and effect. The Planning and Zoning Commission reviewed the Amendment to Lease on April 11, 2018, and recommend approval thereof, to the City Council. The Airport Commission reviewed the Amendment to Lease on April 12, 2018, and recommend approval thereof, to the City Council Thank you for your consideration. ^� City of Kenai i Kenai Municipal Airport Land Application for: ❑New Lease Lease Application ❑� Amendment REItN ay " ❑ Extension/Renewal U Application Date: 03/26/18 Name of Applicant: Derek Leichliter Mailing Address: 46113 Sather Court City: Soldotna State AK Zip Code: 99669 Phone Number(s): Home Phone: ( 907) 252-4391 Work/ Message Phone: ( 907) 262-4391 E-mail: (Optional) legacyelectricak@gmail.com Name to Appear on Lease: Legacy Electric, LLC Mailing Address: 46113 Sather Court ity: HIS Soldotna State: AK Zip Code: 99669 Phone Number(s): Home Phone: (907) 252-4391 Work/ Message Phone: (907) 262-4391 E-mail: (Optional) legacyelectricak@gmail.com Type of Applicant: ❑Individual (at least 18 years of age) ❑Partnership ❑Corporation ❑✓ Limited Liability Company (LLC) [_]Government ❑Other Description Legal Description of Property: 115 FBO Road, Kenai, AK Does the Property Require Subdivision? (if Yes, answer next two questions) ❑ YES ❑✓ NO Are you prepared to be responsible for all costs associated with subdivision? DYES ❑ NO Do you believe the proposed subdivision would serve other Airport purposes? ❑ YES [—]NO Do you have or have you ever had a Lease with the City of Kenai? ❑✓ YES ❑ NO If Yes, please provide description of property leased (e.g. legal or physical description): 115 FBO Road, Kenai, AK Is this application for renewal or term extension of an existing lease? WIYES [:]NO If Yes, please provide a description of the property leased: 115 FBO Road, Kenai, AK Lease Term Requested: Starting Date: Proposed Use and Activities Proposed Use (check one): Aeronautical ❑ Non -Aeronautical Do you plan to construct new or additional improvements? YES []NO If yes, will the improvement change or alter the use under an existing lease? FIYES W]NO If yes, what is the new proposed use? If yes, what is the type of improvement? (e.g. building improvement, land improvement) If yes, what is the nature of the improvements? (e.g. maintenance, landscaping, new construction) List of proposed use and business activities: Airplane Hangar to request an extension for construction of the second hanger until December 1, 2018. Article XIV(B)(1) provided that construction would be completed no later than September 1, 2016. Lease Extension or Renewal Method to determine value of improvements/term for a lease renewal or expiring lease: Professional estimate of the remaining useful life of the principle improvement on the property Market value appraisal of the principle improvement on the property Purchase price of improvements Submitting an application for a lease does not give the applicant a right to lease or use the land requested in the application. The application shall expire twelve (12) months after the dale the application has been made if the City and the applicant have not, by that time. entered into a lease, unless the City Council for good cause grants an extension for a period not to exceed six (6) months. The City has no obligation to amend, renew or extend a lease and may decline to do so upon making specific findings as to why a lease renewal, extension, or amendment is not in the best interest of thl City Signature: Date: Print Name: Derek Lelchllter Title: Dia FIRST AMENDMENT TO LEASE OF AIRPORT RESERVE LANDS THIS Amendment to Lease is made as of the day of 2018, by and between the CITY OF KENAI (City), a municipal corporation whose address is 210 Fidalgo Avenue, Kenai, Alaska 99611, and Legacy Electric, LLC. whose address is 46113 Sather Court, Soldoma, AK 99669. WITNESSETH WHEREAS, on January 12, 2015, the City entered into a lease with Legacy Electric, LLC. for City -owned lands identified as Lot 2, Block 1, General Aviation Apron, which lease was recorded at 2015-002299-0, on March 25, 2015, in the Kenai Recording District, Third Judicial District, State of Alaska; and, WHEREAS, the City and Legacy Electric, LLC., for mutual consideration, mutually agree to amend the lease described herein to extend the timeframe for Legacy Electric, LLC., to complete improvements as provided below. NOW THEREFORE, the City and Legacy Electric, LLC. agree as follows: 1. Article XIV Section (B) Subsection (1) is hereby amended as follows: REQUIRED IMPROVEMENTS: At no cost to the City, Lessee agrees to complete land development and construction of Permanent Improvements including removal of waste material previously buried on the site and construct two (2) 6-plex unit t -hanger heated complex, by no later than December 1, 2018, with an appraised value of at least $500,000.00. In addition to the as -built drawings required by this lease, the Lessee must submit to the City written evidence that the Lessee has completed the land development and constructed improvements on the Premises with an aggregate cost or investment of not less than $500,000.00. The evidence must be submitted to the City within sixty (60) days of the completion of the development and improvements. 2. Except as expressly modified or stated herein, all other terms and conditions of the Lease remain in full force and effect. First Amendment to Lease Page 1 of 3 CITY OF KENAI By: Paul Ostrander Its: City Manager Legacy Electric, LLC. By: _ Name: Its: Approved as to form: Scott Bloom City Attorney State of Alaska ) ) ss Third Judicial District ) The foregoing instrument was acknowledged before me this day of 2018, by Paul Ostrander, City Manager for the City of Kenai. Notary Public of Alaska My Commission Expires: First Amendment to Lease Page 2 of 3 State of Alaska ) ) ss Third Judicial District ) The foregoing instrument was acknowledged before me this day of 12018, by (Name), (Title) for Legacy Electric, LLC. Notary Public of Alaska My Commission Expires: RETURN TO: CITY OF KENAI 210 Fidalgo Avenue Kenai, AK 99611-7794 First Amendment to Lease Page 3 of 3 N t N O U O N / V�/� O } J h t Z v m ` :V.E m a 3 L Emvoa o o � C L o o L Q1N E H H E