HomeMy WebLinkAboutORDINANCE 0779-1982J
CITY OF KENAI
ORDINANCE NO. 779-82
7- 7- �1.?
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
PROVIDING FOR THE tUBMISSION TO THE VOTERS FOR RATIFICATION AT
THE REGULAR ELECTION OF OCTOBER 6, 1982, OF A CHARTER AMENDMENT
CONCERNING USE OF MONIES OBTAINED FROM THE SALE OF CITY LANDS.
WHEREAS; the City of Kenai has obtained some 300+ acres of land
in settlement of land entitlements from the State of Alaska, and
WHEREAS, the City of Kenai has a significant number of acres of
land, excluding dedicated park lands, land reserved for public
use, lands conveyed in foreclosures for taxes and special
assessments and not set aside for public use, and airport trust
lands, and
WHEREAS, since the City is committed to the disposition of such
lands in a rational manner, a program for proper use of monies
received from the sale of such lands needs to be established to
insure that monies so generated are utilized in the best
interests of the entire community.
NOW, THEREPORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, as follows:
Sectipns That the Council hereby directs that the
proposition set out in Section 3 hereunder be referred to the
electorate of the City of Kenai at the regular general election
of October 6, 1982.
$action Is That the following amendment to the Charter of
the City of Kenai shall be submitted to the qualified voters of
the City of Kenai at the next regular election:
non-Ls.1�6L a. The proceeds from the sale of
non -trust lands, which are lands of the City other
those lands received on foreclosure of special
assessments (except as provided herein) or on
foreclosure for taxes or those lands held in trust
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than
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the City under the terms of the conveyance thereof to
the City, and any income received from the investment
of such proceeds are hereby dedicated to the financing
of Capital Improvements within the City of Kenai. Use
of these monies for airport or airport lands
improvements is specifically prohibited except where
there are no monies (or insufficient monies) available
for such improvements, in which case monies from the
fund dedicated herein can be advanced for such
improvements as a loan to be reimbursed from airport
sources of income. No capital project approved by
Council which requires municipal financing (excluding
government grants and amounts to be reimbursed from
benefited properties) to be paid from these monies in
excess of $750,000 shall be contracted unless the
desirability of such project is ratified by the voters
at a general or special election.
Subject to the above provisions, such monies may only
be used at the discretion of Council (1) to provide
municipal financing (up to 50% of the costs in excess
of any state and federal grants secured) for Capital
improvement projects in an approved assessment district
with the balance of the necessary financing to be
apportioned to the benefited properties in accordance
with the provisions of this Charter and the ordinances
enacted pursuant thereto; (2) to use its lieu of
bonding to provide for that portion of financing of an
approved assessment district to be ultimately paid by
owners of benefited properties with such financing to
be reimbursed from collections of assessments or sales
of land foreclosed for such collections within said
assessment district; (3) to provide municipal financing
for any projects for which assessment districts are not
authorized and for which no state or federal grants are
available; (4) to provide the municipal share of
financing for projects for which state, federal, or
state and federal grants are available and to provide
advance financing to be refunded from such grants;
&&;ion Is The Charter Amendment shall be submitted for
ratification to the qualified voters of the City of Kenai at the
next regular election by a Proposition in the following forms
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PROPOSITION
Shall a new section, numbered 5-11, entitled "Use of
proceeds from the sale of non -trust lands" be added to
the Charter of the City of Kenai to dedicate the
proceeds, including interest thereon, to the financing
of capital improvements and requiring that any capital
improvement project requiring use of over $750,000 of
such funds must be approved by the voters?
YES [J
NO Q
Sgctigll 4,s All of the above elements of proposed Charter
change shall be treated as a single proposition to be answered
*yes' or "no" by the voters.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 7th day
of July, 1982.
ATTEM
Janet Whelan, City Clerk
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vINCENT O'REILLY, MAYOR�-
First Readings June 16, 1982
Second Readings July 7, 1982
Effective Dates
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