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HomeMy WebLinkAboutRESOLUTION 2000-30Suggested by: SUBSTITUTE City Administration City of Kenai RESOLUTION NO. 2000-30 A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASIC~ APPROVING THE SALE OF THE PROPERTY CONSISTING OF 300 SQUARE FEET SITUATED WITHIN AND ALONG THE NORTHEAST BOUNDARY OF EXISTING LOT 6, BLOCK 5, INLET WOODS SUBDIVISION, PART ONE, AT APPRAISED VALUE, TO THE OWNER OF THE ADJACENT LAND. WHEREAS, the City of Kenai received a request from the adjacent property owner to purchase a triangular piece of Lot 6, Block 5, Inlet Woods Subdivision, Part One, consisting of approximately 300 square feet; and WHEREAS, Ordinance No. 1849-2000 determined the property is not required for a public purpose and can be sold; and WHEREAS, the lot was advertised for a public sale on June 5, 2000 and there were no offers made on the property; and WHEREAS, this sale will remove a permitted side lot encroachment authorized by the Planning and Zoning Commission which is currently being appealed by the City of Kenai's Administration; and WHEREAS, the value of the remainder of Lot 6, Block 5, Inlet Woods Subdivision, Part One will not be diminished below $1.35 per square foot based on the reduction of 300 square feet in area. WHEREAS, the applicant has agreed to pay $1.35 per square foot for the 300 square foot section, for a total of $405.00 as well as all costs of surveying, replatting and all expenses associated with the sale. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that the Council approves the sale of the property consisting of 300 square feet situated within and along the northeast boundary of existing Lot 6, Block 5, Inlet Woods Subdivision, Part One, at appraised value, to the owner of the adjacent land. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 5th day of July, 2000. LI/NDA SW^R~R, VICE-MAYOR Resolution No. 2000-30 Page 2 of 2 ATTEST: Carol L. Freas, City Clerk Approved by Finance~~_ (6/23/00) kh CITY OF KENAI 210 FIDALGO AVE., SUITE 200 KENAI, ALASKA 99611-7794 TELEPHONE 907-283-7535 FAX 907-283-3014 ~ 1992 M emoranCtum Date: June 23, 2000 To.' From: Mayor and Council Richard A. Ross, City Manager ]~roposed 6aJe of 8 Poxtion of Cot 6, 8]ocW S, Za]et Woods Subdivision, Part One Resolution No. 2000-30 proposes the sale of approximately 420 square feet of Lot 6, Block 5, Inlet Woods Subdivision, Part One to Mr. Steven Robinson. Substitute Resolution No. 2000-30 proposes the sale of approximately 300 square feet of the same property to Mr. Robinson. Either of these options will remove the permitted side lot encroachment currently under appeal by the Administration. Mr. Robinson and the Administration are satisfied that either will represent a fair and equitable solution. Lot 6, Block 5, is currently appraised at $13,000 and has 9,600 square feet. This is approximately $1.35 per square foot. This is the value Mr. Robinson and the Administration agreed on for the property. After the sale, Lot 6, Block 5 would have 9,180 square feet under Resolution No. 2000-30 and 9,300 square feet under the Substitute Resolution. The Administration assertion in Resolution No. 2000-30, that the sale would not diminish the value of Lot 6, Block 5 below $1.35 per square foot, is based on the values of lots in Block 5 with less than 9,600 square feet: · Lot 9 has 9,217 square feet and is appraised at $13,000 or $1.41 per square foot. · Lot 11 has 7,455 square feet and is appraised at $12,000 or $1.61 per square foot. · Lot 12 has 8,274 sq. ft. and is appraised at $12,500 or $1.51/square foot. The Administration and Mr. Robinson request the Council approve the sale to remove the side lot encroachment. The rear lot encroachment remains as permitted by the Planning and Zoning Commission. · < ..q · ].~o~ m