FY2007-23 PKIMC/Care Center leaseA RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
AUTHORIZING A RENEWAL OF THE LEASE WITH PROVIDENCE HEALTH
SYSTEM ALASKA FOR THE KODIAK ISLAND HOSPITAL AND CARE CENTER
WHEREAS, by means of an Amended and Restated Lease Agreement ( "the Lease ") executed in
November 2005, the Kodiak Island Borough leased the premises known as the Kodiak Island
Hospital and Care Center to Providence Health System Alaska ( "Providence "); and
WHEREAS, the terms of the Lease included a provision by which Providence could extend its term
for ten years provided it gave notice of its desire to do so 180 days prior to the expiration of the
current lease term; and
WHEREAS, the current lease term expires April 20, 2007, and on October 4, 2006 Providence
gave notice of its desire to extend the lease term; and
WHEREAS, the terms and conditions of any extended lease term are to be the same as those of
the Lease unless the parties mutually agree to change them; and
WHEREAS, there is a mutual agreement between the parties that any extended lease term should
include an amendment reducing Kodiak Island Borough's annual equipment contribution from
$150,000 to $108,000 effective in the KIB fiscal year beginning July 1, 2007 and thereafter; and
WHEREAS, it is in the best interest of the Kodiak Island Borough to extend the lease and to
continue with the existing terms and conditions but with an amendment reducing Kodiak Island
Borough's annual equipment contribution from $150,000 to $108,000 effective in the KIB fiscal year
beginning July 1, 2007 and thereafter;
NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND
BOROUGH that
Section 1:
ATT ST
The Manager is authorized to execute an agreement with Providence Health System
Alaska to extend for another ten -year term, on the same basic terms (but with an
amendment reducing Kodiak Island Borough's annual equipment contribution from
$150,000 to $108,000 effective in the KIB fiscal year beginning July 1, 2007 and
' thereafter), the Amended and Restated Lease Agreement for the premises known as
the Kodiak Island Hospital and Care Center.
ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
THIS FIFTEENTH DAY OF FEBRUARY 2007
Nova M. Javier, CMC, Boro • Clerk
Kodiak Island Borough, Alaska
KODIAK ISLAND BOROUGH
RESOLUTION NO. FY2007 -23
Introduced by Manager Gifford
Requested by Manager Gifford
Drafted by. Borough Attorney
Introduced: February 15, 2007
Adopted:
KODIAK ISLAND BORO GH
Jer ine M. Selby, Borough M
Resolution No.FY2007- 23
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