HomeMy WebLinkAboutORDINANCE 1488-1992Suggested by Council
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CITY OF KENAI ~~;
ORDINANCE 1488-92
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AMENDING
KMC 22.05.080 TO PROVIDE FOR GRANT OR DONATION TO NON-PROFIT
HOUSING CORPORATIONS OF FORECLOSED PROPERTY HELD HY THE CITY FOR
MORE THAN TEN YEARS.
WHEREAS, there is a need in the City of Kenai for the construction
of non-profit low income housing; and
WHEREAS, it is in the best interest of the City of Kenai that
foreclosed property not needed for public purpose and held for more
than ten years be placed back on the tax rolls;
NOW, THEREFORE, 8E IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI ,
ALASKA, THAT KMC 22.05.080 SE AMENDED AS FOLLOWS:
22.05.080 Grant or Dev4t on [TO GOV,E$~MENT AGENCTESI
,~. The council, by resolution, may grant or devote real property _
no longer needed for public purpose to the United States, the State
of Alaska, a local subdivision, or any agency of any of these
governments, for .a consideration agreed upon between the city ~-nd
Grantee without a public sale ff the grant or devotion is
advantageous to the City.
PASSED 8Y THE COUNCIL OF THE CITY OF KENAI,
of June, 1992. ~
this 17th day
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ATTEST:
r-reas; city
First Reading :
Second Readf ng
Effective Date:
May 6, 1992
June 17, 1992
July 'i7, 1992
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