HomeMy WebLinkAboutRESOLUTION 1981-48
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CITY OF RENAI
RESOLUTION NO. 81-48
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RESOLUTION OF THE COUNCIL OF THE CITY SETTING THE PERCENTAGE OF
AIR MARKET VALUE TO BE USED IN ORDER TO DERIVE A FAIR RETURN ON
.EASE OF CITY LANDS.
HEREAS, Rt4C 21.10.130(a)(2) that the percentage of fair market
alue to derive a fair return on lands to be leased by the City
hall be set annually in May by resolution of the City Council,
'OW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
ENAZ, ALASKA, that the rental rates to be set on any City lands
o be leased after the effective date of this resolution shall be
$ of appraised fair market value as established by a qualified
t7dependent appraiser.
SASSED BY THE COUNCIL OF THE CITY OF RENA LASRA, t is 20th day
of t4ay, 1981. ~
VINCENT O'REILLY, MAY
ATTEST:
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J et Whelan, City Clerk