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HomeMy WebLinkAboutOrdinance No. 3026-2018_____________________________________________________________________________________ New Text Underlined; [DELETED TEXT BRACKETED] Sponsored by: Administration CITY OF KENAI ORDINANCE NO. 3026-2018 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, DETERMINING THAT REAL PROPERTY DESCRIBED AS LOT SIX (6) A, BLOCK ONE (1), GUSTY SUBDIVISION, ACCORDING TO PLAT 86-76, CITY-OWNED AIRPORT LAND LOCATED OUTSIDE THE AIRPORT RESERVE, IS NOT NEEDED FOR A PUBLIC PURPOSE AND AUTHORIZING THE SALE OF THE PROPERTY TO PINGO PROPERTIES, INC. AND GEOFFREY M. GRAVES. WHEREAS, the City of Kenai received a quitclaim deed from the Federal Aviation Administration (FAA) on December 1, 1963, to nearly 2,000 acres of land subject to certain restrictions, including that no property shall be used, leased, sold salvaged, or disposed of for reasons other than for airport purposes; and, WHEREAS, on May 11, 2018, the FAA executed a Deed of Release, for an area of land subject to the Quitclaim Deed allowing for the lease, sale, or disposal of Lot 6A, Block 1, Gusty Subdivision, according to Plat 86-76, for other than airport purposes; and, WHEREAS, the City has received a request to purchase Lot 6A, Block 1, Gusty Subdivision, according to Plat 86-76 (the Property) from the current Lessee; and, WHEREAS, KMC 21.15.010 – Airport Land Outside of the Airport Reserve, provides that the City may sell land outside the Airport Reserve when in the judgement of the City Council, such lands are not required by the City for a public purpose; and, WHEREAS, the Property is leased to Pingo Properties, Inc. and Geoffrey M. Graves and developed for private commercial use and is not needed for a public purpose; and, WHEREAS, Resolution No. 2018-12 amended the City’s Policy for sale of specific Airport Land Lots and is property is one of the properties addressed in the policy; and, WHEREAS, the sale of this property is in the best interest of the City and Airport and encourages new development and/or improvements to the property; and, WHEREAS, KMC 21.15.180 – Sale, allows for a negotiated sale at not less than fair market value. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, as follows: Section 1. Statement of Ownership: That the City of Kenai is the owner of Lot 6A, Block 1, Gusty Subdivision, according to Plat 86-76 (the Property). Ordinance No. 3026-2018 Page 2 of 3 _____________________________________________________________________________________ New Text Underlined; [DELETED TEXT BRACKETED] Section 2. Public Purpose and Best Interest Findings: That the Property is not needed for future public municipal or airport purposes. Under the Airport Layout Plan, the Property is designated for non-aviation commercial or light-industrial uses. The sale of the Property is in the best interests of the City and Airport, as it serves a purpose of continuing commercial growth and investment in the City. Section 3. Authorization of Sale: That the Kenai City Council hereby authorizes the City Manager to sell the City-owned lands described as Lot 6A, Block1, Gusty Subdivision, according to Plat 86-76, under the procedures and terms established for the sale of airport lands outside of the Airport Reserve, as set forth in KMC 21.15.180 et seq. and subject to the following additional essential terms and conditions of sale under the Policy for Sale of Specific Airport Leased Lands approved by City of Kenai Resolution No. 2018-12: (a) The sale will be made through a negotiated sale to Pingo Properties, Inc. and Geoffrey M. Graves for a sum not less than the fair market value of the land excluding lessee-constructed improvements as determined by an appraisal and a minimum new investment in the construction of new permanent improvements on the premises equal to 25% of the fair market value of the land within three (3) years of sale. Section 4. Title: That title shall be conveyed by quitclaim deed. Any instrument conveying title to the Property shall include the following restrictions, promises, and/or covenants: (b) that the City of Kenai reserves unto that the grantee expressly agree for itself and its heirs, executors, administrators, successors, transferees, and assigns, for the use and benefit of the public a right of flight for the passage of aircraft in the airspace above the surface of the Property, together with the right to cause in said airspace such noise as may be inherent in the operation of aircraft, now known or hereafter used, for navigation of or flight in the said airspace, and for use of said airspace for landing on or at and for taking off from or operating on Kenai Municipal Airport; and, (c) that the grantee expressly agree for itself and its heirs, executors, administrators, successors, transferees, and assigns to restrict the height of structures, objects of natural grown, and other obstructions on the Property to a height of not more than 242 feet above mean sea level; and, (d) that the grantee expressly agree for itself and its heirs, executors, administrators, successors, transferees, and assigns to prevent any use of the Property which would interfere with landing or taking off of aircraft at the Kenai Municipal Airport, or otherwise constitute an airport hazard; and, (e) that all covenants heretofore stated shall run with the land and shall inure to the benefit of, and be binding upon the heirs, executors, administrators, successors, transferees, and assigns of the parties to the contract for sale and conveyance. Section 5. Proceeds of Sale: That should a sale of the Property be finalized, all revenues from the sale shall be deposited in the Airport Land Sale Permanent Fund for use in the development, improvement, and operation of the Kenai Municipal Airport and as otherwise required in the Deed of Release dated May 11, 2018. Ordinance No . 3026-2018 Page 2 of 3 Section 6. Effective Date : That pursuant to KMC 1.15.0?0(f), this ordinance shall take effect 30 days after adoption. ENACTED BY THE COUNCIL OF THE CITY OF KENAI , ALASKA , this 20 day of June, 2018 . ~· AJ_ BRIAN GABRIEL SR, MAYOR New Text Unde rl ine d; [DELETED TEXT BRACKETED] Introduced: June 6, 2018 Enacted : June 20, 2018 Effective: July 20, 2018 MEMORANDUM TO: Mayor Brian Gabriel and Kenai City Council THROUGH: Paul Ostrander, City Manager FROM: Christine Cunningham, Assistant to City Manager/ HR Specialist DATE: May 29, 2018 SUBJECT: Ordinance No. 3026-2018 – Determining Lot 6A, Block 1, Gusty Subdivision is Not Needed for a Public Purpose and Authorizing Sale of the Property ______________________________________________________________________ The City has received a request to purchase the above City-owned leased land outside the Airport Reserve with substantial constructed leasehold improvements pursuant to the City’s Policy for Sale of Specific Airport Leased Lands, approved by Resolution No. 2018-12. Pingo Properties, Inc. and Geoffrey M. Graves is the current lessee of Lot 6, Block 1, Gusty Subdivision, which was entered into on April 4, 1985 for the purpose of operating a restaurant and office space. The purpose of the lease was amended to allow for its current use as a dry cleaning and laundry business and learning center in two separate buildings and doing business as Summit Drycleaners and Adventures in Learning. The 55-year lease term expires on June 30, 2039 and is in good standing. On May 11, 2018, the Federal Aviation Administration (FAA), released the property for sale for other than airport purposes, allowing the property to be sold at fair market value. All revenues from the sale would be deposited in the Airport Land Sale Permanent Fund for use in the development, improvement, and operation of the Kenai Municipal Airport as required by the Deed of Release. The City’s Policy does not provide for the sale of any specific property, but only a method for such sale, subject to the Ordinances of the City of Kenai. The policy is in effect until July 6, 2021. Any specific sale must be separately approved by the City Council, which may approve or disapprove any such sale, in its sole discretion. Mr. Graves requests to purchase the property at its fair market value excluding lessee-constructed improvements as determined by an appraisal and a minimum Page 2 of 2 Ordinance No. 3026-2018 new investment in the construction of new permanent improvements on the premises equal to 25% of the fair market value of the land within three years of sale. Mr. Graves submitted a good-faith deposit and the City ordered an appraisal to be performed on the property as-if vacant. The fair market value of the property was determined to be $180,000 by an appraisal performed by Reliant, Advisory Services, LLC on May 6, 2018. Based on the amount of the appraisal, Mr. Graves proposes to meet the minimum new investment requirement equal to $45,000 on the premises through completion of a remodel of the outside of the Summit Drycleaner building, landscape and asphalt improvements, and a small addition as well as other repairs on both buildings. The City will verify the value of the improvements using an estimate from a licensed contractor. If the City Council approves the sale, City Administration may proceed with a sale. Thank you for your consideration. Attachment cc: Pingo Properties, Inc. and Geoffrey M. Graves G U S T Y A D D. N O. 1 SHADURA GUSTYSUBD. GU S TYADDN NO. 2 GUSTY NO. 3 GUSTY NO. 4 TR. A 2 5 3 6A 4 1A 3 1 4 3 2 TR. B 1 TR. A 12 TR. B (1) (2) (2) 114721153541041511 6 4 8 11 6 3 2 42511 6 0 0 11663 11616 11631 11568 11536 11504 11599 11595 43542044511616 11631 11568 11536 11504 114721153541041511 6 4 8 11 6 3 2 42511 6 0 0 11663 11599 11595 1144011440435420445COHOE AVECORAL STC O H O E A V E 114721153541041511 6 4 8 11 6 3 2 42511 6 0 0 11663 11616 11631 11568 11536 11504 11599 11595 43542044511616 11631 11568 11536 11504 114721153541041511 6 4 8 11 6 3 2 42511 6 0 0 11663 11599 11595 1144011440435420445 . 125 ' Date: 5/31/2018 The information depicted hereon is for graphic representationonly of the best available sources. The City of Kenai assumes no responsibility for errors on this map. 1 inch e quals 123 feet Lot 6A, Block1,Gusty Subdivision Text