HomeMy WebLinkAboutORDINANCE 0645-1981i�,
CITY OF KENAI
ORDINANCE N0. 645-81
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
DEDICATING LOT 11, BLOCK 1, FIDALGO COMMERCIAL CENTER
SUBDIVISION, FOR PUBLIC USE AND APPROPRIATING MONIES TO ALLOW THE
GENERAL FUND TO PURCHASE SAID PROPERTY FROM AIRPORT LAND SYSTEM.
WHEREAS, the City Council has selected Lot 11, Block 1, Fidalgo
Commercial Center Subdivision as the site of the new City
Administration Building, and
WHEREAS, it is a requirement of K14C 22.05.050 that a dedication
of land for a public use be made by ordinance, and
WHEREAS, on October 3, 1980, an appraisal by an independent
appraiser was issued on this parcel setting the market value at t -
$12,500, and (oR' 45
WHEREAS, the Federal Aviation Administration has concurred with
the intended use of the site and with the appraised value, and '
WHEREAS, monies need to be appropriated in the General Fund and
in the Airport Land System Fund to purchase the property and to
restrict the principal proceeds in accordance with KMC
7.30.030(b) (1) .
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF '
KENAI, ALASKA, thats
section is Lot 11, Block 1, Fidalgo Commercial Center
Subdivision, located on Fidalgo Avenue, be dedicated to public
use for the purpose of location of a City Administration
Building.
section 2s Estimated Revenues and Appropriations be
increased as f oliowss
General Fund
Appropriation of Fund Balance $12,500
Increase Appropriationss
Non -Departmental -Land $12,500
Airport Land System
increase Estimated Revenues:
Sale of Land $12,500
Increase Appropriationss
Transfer to Airport Investment
Reserve $12,500
PtsSSED BY THE COUNCIL OF THE CITY OF KENAI ASKA, this 18th day
of February, 1981,
VINCENT O'REI:LY, YOR
ATTESTS
J et Whelan, City Clerk
First Readings February 4, 1981
Second Readings February 18, 1981
Effective Dates March 18, 1981
Approved by Finances
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