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HomeMy WebLinkAboutORDINANCE 0424-1978 CITY OF KENAI ORDINANCE NO. 424-78 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AMENDING ORDINANCE NO. 400-78, ESTABLISHING POLICIES AND PROCEDURES RELATIVE TO THE LEASE OF AIRPORT LANDS. WHEREAS, Ordinance No. 400-78 relative to establishing policies and procedures for the lease of Airport lands was recently adopted by the Council of the City of Kenai, and WHEREAS, said ordinance revised the leasing policy of the City relative to Airport lands so that City leases might be more attractive to potential lessees and thereby the financial position of the City, more particularly the City Airport, would be enhanced, and WHEREAS, certain other minor revisions in the leasing policy are needed to further perfect the revised City leases. NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Kenai, Alaska, as follows: Section 1: Sections 150 and 160, Chapter I0 of Title 21 of Ordinance No. 400-78 (Provisions Required to be Included in all Airport Land Leases) are her-by repealed. Section 2: Section 150 of Chapter l0 of Title 21 of Ordinance No. 400-78 is hereby enacted to read: "21.10.150 Surrender of Termination. A. Lessee shall, on the last day of the term of this Lease or upon any earlier termination of this Lease, surrender and deliver up the premises into the possession and use of City without fraud or delay in good order, condition and repair, except for reasonable wear and tear since the last necessary repair, replacement, restoration or renewal, free and clear of all lettings and occupancies unless expressly permitted by City in writing, and free and clear of all liens and encumbrances other than those created by City for loans to City. B. Upon the end of the term of this Lease or any earlier termination thereof, title to th~ buildings and improvements and building equipment shall automatically vest in City without requirement of any deed, conveyance or bill of sale thereon. However, if City should require any such document in confirmation hereof, Lessee shall execute, acknowledge and deliver the same and shall pay any charge, tax and fee asserted or imposed by any and all governmental units in connection therewith." Ordinance No. 424-78, Oa~e 2 Section 3: Section 160 of Chapter 10 of Title 21 of Ordinance No. 400-78 is hereby enacted to read: "Any assignment requiring Council approval will not be unreasonably denied, and leases may provide for subleasing without prior Council approval." PASSEO by the Council of the City of Kenai, Alaska, this 2nd day of August, 1978. IV'INC~NT O'RE]LLY, ~ ATTE ST: 'S~e~C.- Peter, City Clerk FIRST READING: July 19, 1978 SECOND READING:_August 2, 197R EFFECTIVE DATE: September 2~ 1978