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HomeMy WebLinkAboutORDINANCE 1101-1985e 71 _ Sugqested by: Administration CITY OF KENAI ORDINANCE NO. 1101-85 AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AMENDING KMC 22.05.040 (c) BY REQUIRING THAT A LESSEE OF AIRPORT LANDS MUST HAVE LEASED FOR A PERIOD OF TWO YEARS BEFORE HE HAS A RIGHT TO NEGOTIATE A PURCHASE AT tA1R MARKET VALUE. WHEREAS, the Federal Aviation Administration (FAA) is concerned that lf:ssees of Airport lands may be leasing property with the Intention of subsequently purchasing the property by negotiation, and thereby avoidinc competitive bidding, and WHEREAS, the City and FAA have Agreed that a two year waiting period will reduce the number of occurrences of such leases. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENA19 ALASKA, THAT KMC 22.05.040 (c) be amended as follows: 22.05.040 (c) If the tract of land proposed to be sold is leased land upon which substantial improvements have been made, the lessee may, at his request, negotiate the sale of said land at not less then the fair market value. However, if the land i Airport land. the current lessee obtains this i�t to negotl-aE or the two-year eer a con on anolies r PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 18th day of December, 1985. ATTEST: Janet Whelan, City Clerk TOM WAGONER, MAYOR First Reading: December 4, 1985 Second Reading: December 18, 1985 Effective Date: Januery 18, 1986