HomeMy WebLinkAboutRESOLUTION 1988-39 ,j
:': ...,,,.':: ....;-,. ,.:. ~':',
.... ' ..... , "/f'.':i
:.';? . '.' ~:. . .. :
i '~ ) :4' '..' , ',,:
.;... = ........ J: ..... ~..__
4': ':1 - ~'}~- ~ .... :.. 4-.':'
:" U.' 7,~:~,: ..... "" :' -..
. .. :.,. : :..,:, ~. ~'"
............ v<-:'-"'"
.j.: ........ :,. ;~,: yZ;: ,.,.. ,,:~..:.
,) g ...,t ~ ...... -'
".'. · ', -
:,'-??:
Suggested by: Administration
CITY OF KEN&!
RESOLUTION NO. 88-39
& RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
SETTING T~R ~SRCBNTAGE OF FAIR NARKET VALUE TO BE USED IN
ORDER TO DERIVE A FAIR RETURN ON LEASE OF CITY L~NDS.
WHEREAS, KNC 21.10.130 (a) (3) states that the percentage of
£air market value to derive a fair return on lands to be
leased by the City shall be set annually in Hay be
resolution of the City Council.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF ~IE CITY OF
KENAI, AhAS~, that the rental rates to be set on an7 City
lands to be leased'after the selective date of this
resolution shall be &~ of appraised fair market value as
established by a qualified independent appraiser.
PASSED BY THE COUNCIL OF THE CZTY OF KSNAZ, ALAS~, this
18~h day of May, 1988.
ATTEST~
_~et Ruot'~ala' City Clerk
Approved by Finance: _~_
L
L
L