HomeMy WebLinkAboutORDINANCE 0335-1977CiTY OF KENAI
ORDINANCE NO. 335-77
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KF. NAI AUTHORIZING A LAND SALE
OF TAX AND ASSESSM£NT FORECLOSURE PROPERTIES
WHEREAS, certain lands have been foreclosed on by the Iienai Peninsula Borough for
nonpayment of real property taxes snd have been deeded by the Superior Court to the
City of Kenai, and
WHEREAS, certain lands have been foreclosed on by the City of Kenal for nonpayment
of special assessments and have been deeded by the Superior Court to the City of
Kenai, and
WHEREAS, the City has no public use for the parcels listed in this ordinance and is
empowered by State Statute to sell such parcels,
NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Kenai, Alaska,
as follows:
Section 1.: The following parcels foreclosed on by the Kenai Peninsula
Borough shall be offered for sale by the City of Kenai as provided in Section 4 hereof.
The minimum bid shall be as stated opposite each parcel. The Buyer shall be liable
for payment to the City of those special assessments listed:
~I~TII~U~f SPFCIAL
DESCRIPTION BIO A.qflFS~t~ENT,q DUF
Lots I, 2, Bleck 11, C. F. Ahlstrom
Subdivision (Tax Parcels #039-054-0100,
0200,
$I,200
Lot 43, Section 31, T6N, RIlW, SM
(Buyer must dedicate 30' ROW for road)
(Tax Parcel #043-090-0800)
Section 4, TSN, RllW, SM
190' E of NW Corner of Sec. 4; Th E 208';
Th B 248'; Th W 208'; Th N 248'; to
PCB Cntg. 1.00 acres M/L
$4,500
$4,500
One payment of $332.05
due December 1, 1977
One payment of $722.97
due December 1, 1977
ORDINA?ICE NO. 335-77, Page Three
Section 6: The highest responsible bidder at the time of sale shah deposit
10% of the bid or $1,000, whichever is greater, as earnest mone~ and shall pay the l'emaining
b~anee at the time of closing. Closing shall be within ninety (90) days of the date of sale.
Costs of closing shall be paid by the Buyer. Fo~ bids in ex.zess of $5,000, Buyer, at his
option may deposit 20% of the bid and execute an agreement for payment of the remaining
balance in ten equal annual installments plus interest at the rate of 8% with title to be trans-
ferred to Buyer only upon payment of all installments. All prope~*ty is sold subject to
plat, covenant, zoning restrictions and special ~essments. City is not liable for payment
of any brokerage fees in connection with this sale.
PABSED BY THE COUNCIL OF THE CITY OF KENAI , ALASKA, this 20th day of April, 1977.
ATTEST:
~trb C. Peter, Cit~ Cle~k
yJAMES A. EL$ON, MAYOR
FIRST READING: Aoril 6. 1977
SECOND READING: , Aori. 1 ,, 20, 1977
EFFI~CTIVE DATE: ~°-Z' _o_n. !977
ORDI~!ANCE NO. 335-77, l~,'e Two ~'
Section 2: The following parcels foreclosed on by the City of ~enai shall be
offered for sale in accordance with Section 4 hereof. The minimum bid shall bo. as stated
opposite each parcel. The Buyer shall be liable for payment to the Borough of those
delinquent real property taxes listed:
~mlMT,~ql~I SPEC. IAL
DESCRIPTION BID A SSF,q,qamFNT,q DU~,
Lot 5, Block 3, East Addition to
Kenal Townstte, Kenai Recording Dist.
(Tax Parcel #047-113~0200)
$2,000
E 1/2Gov*t. Lot 36, Sec. 31, T6N,RllW,SM $6,000
(Tax Parcel #043-050-1200)
Section 3: The following parcel has been foreclosed on for nonpayment
of taxes and special assessments. The Council hereby finds that because of the size,
topo~'aphy and general location of this parcel, it is not suitable for any conventional private
land use and that it should be restricted to non-structural use unless combined with
surrounding lands. Its market value accordingly for less than it would be under normal
circumstances. The minimum acceptable bid is therefore as stated opposite the parcel.
Buyer will be liable for payment of that special assessment listed:
Lo~ ll, Block 2, East Addition to Kenal
Townsite, Kenat Recording Dist.
(Tax Parcel #047-112-0600)
(No structure or othe~ improvement
may be placed on this parcel unless
combined with surrounding lands. )
$ 75
One payment of $83.85
due December 1, 1977
Section 4: The properties listed in Section 1, 2 & 3 shall be offered for
sale at a publi~ outcrF auction to be held on June 15, 1977 at 7:00 p.m. at the Kenai Public
Safety Building, corner of Willow Street and Main Street Loop, Kenal, Alaska.
Section 5: Notice of such sale shall be given in accordance with City
ordinance and in addition a Notice of Sale shall be mailed to the last record owner of each
of the parcels offered for sale. Such notices shall state that the parcels offered for. sale
may be redeemed by the record owner at any time prior to their actual sale. Notice shell
also state that the City makes no representations or warranties as to its right, title or
interest in the properties and that conveyance shall be by tax foreclosure quitclaim deed.
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