FY2013-11 Authorizing a Lease with Providence Health and Services for the Operation of a Long Term Care Center •
1 Introduced by: Borough Manager
2 Requested by: Borough Assembly
Drafted by: Borough Manager
3 Introduced on: 02/07/2013
4 Adopted on: 02/07/2013
5
6 KODIAK ISLAND BOROUGH
• 7 RESOLUTION NO. FY2013-11
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9 A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY
10 AUTHORIZING A LEASE WITH PROVIDENCE HEALTH AND SERVCES
11 FOR THE OPERATION OF A LONG TERM CARE CENTER
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13 WHEREAS, the Kodiak Island Borough currently leases the Providence /Kodiak Island
14 Medical Center and Care Center to Providence; and
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16 WHEREAS, replacing and relocating the existing Care Center into its own facility on
17 this medical campus will provide higher quality care to Kodiak's senior citizens as well as
18 provide long term care service to a number of community members who are not
19 serviced; and
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21 WHEREAS, the 20 year term of the lease will be identical to the 20 year term of the
22 revenue bonds sold to fund this community facility; and
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24 WHEREAS, the lease rental rate provides for the repayment of the bonds issued by
25 the Kodiak Island Borough for construction of this facility; and
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27 WHEREAS, it is in the best interest of Kodiak senior population that a fully functioning
28 care center in be located in Kodiak; and
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30 WHEREAS, the Assembly is authorized by the provisions of the KIBC 18.40.020 to
31 approve, by resolution, a negotiated lease for a period not to exceed twenty -five (25)
32 years to a non - profit corporation.
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34 NOW, THEREFORE BE IT RESOLVED, THAT THE ASSEMBLY OF THE KODIAK
35 ISLAND BOROUGH THAT:
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37 Section 1: A lease of the proposed a long term care center to Providence Health and
38 Services is hereby approved based on the terms and conditions of the
39 lease document titled Long Term Care Center Lease Agreement.
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41 Section 2: The Manager or his designee is authorized to execute and lease agreement
42 and all other documents required for the completion of this transaction.
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44 ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
45 THIS SEVENTH DAY OF FEBRUARY, 2013
46 KODIAK ISLAND BOROUGH
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48 lk /
49 20" /
50 ATTEST: Jew e M. Selby, Boro e :it a o r
51 c i - i 4
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53 tV YOU! . A,Itt,
54 Nova M. Javier, MMC, B f.ugh Clerk
Kodiak Island Borough, Alaska Resolution No. FY2013 -11
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