HomeMy WebLinkAboutRESOLUTION 2000-48Suggested by: City Administration
City of Kenai
RESOLUTION NO. :2000-48
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALAS~
APPROVING THE SALE OF LOT 1, BLOCK 4, INLET WOODS SUBDIVISION,
PART ONE, TO HAROLD DUSENBERY, (WITH A 10% DISCOUNT FOR CASH)
FOR $11,700.
WHEREAS, the City of Kenai received a written offer from Harold Dusenbery to
purchase Lot 1, Block 4, Inlet Woods Subdivision, Part One for $11,000 cash;
and
WHEREAS, Ordinance No. 1747-97 determined the property is not required for
a public purpose and can be sold; and
WHEREAS, this lot was included in two competitive bid sales, one on July 18,
1997 and another on June 5, 2000, with the minimum bid being the fair
market value of $13,000; and
WHEREAS, no bids were received for this lot; and
WHEREAS, there have been no other offers to purchase the property; and
,,
WHEREAS, KMC 22.05.040(e) states the following:
If no offers are submitted meeting the minimum acceptable offer
(or appraised valuation), the City Manager may negotiate for sale
of said tract or tracts of land with a modificatiOn of proposed
terms or for less than the appraised valuation provided that no
such negotiated sale for less than appraised value shall be
binding upon the City unless the terms and price therein are
approved by resolution of the City Council.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, that the Council approves the sale of Lot 1, Block 4, Inlet
Woods Subdivision, Part One, to Harold Dusenbery, (with a 10% discount for
cash) for $11,700.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 16tn day of
August, 2000.
JOHN J. WILLIAMS, MAYOR
Resolution No. 2000-48
Page 2 of 2
ATTEST:
Carol L. Freas, City Clerk
Approved by Finance:
(8/3/00) kh