HomeMy WebLinkAboutRESOLUTION 1985-59_ ~ _ ~_~~ _
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Suggested by: Administration
CITY OF KENAI
RESOLUTION N0. 85-59
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
PROVIDING FOR THE CONVEYANCE AND EXCHANGE OF A PARCEL OF CITY
PROPERTY FOR A PARCEL OF PRIVATELY-OWNED PROPERTY.
WHEREAS, Marvin Dragseth has prapoaed an exchange of property
between himself and the City of Kenai, and
WHEREAS, Mr. Dragseth owns Lot 1, U.S.S. 4563 consisting of
approximately 3.6 acres, and
'~~ WHEREAS, the exchange property is owned by the City of Kenai and
is currently leased to Salamatof Seafoods, Inc., and
~s WHEREAS, said exchange property involves a portion of Lot 10,
Section 4, TSN, R11W, S.M., consisting of approximately 3.5
acres, and
WHEREAS, the Board of Directors of Salamatof Seafoods, Inc. has
gone on record in support of negotiating the proposed Iand
' exchange, and
'
- _- WHEREAS, an appraisal report has been prEpared by Ed Warfle Real
Estate Appraisals which estimates the Fair Market Value of both
properties, and
WHEREAS, Kenai Municipal Code 22.05.070 provides that the Council
may approve the conveyance and exchange of City property by
resolution if in the judgement of the Council it is advantageous
~
'~ - '; to the City to make the exchange.
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~ NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
~,; i KENAI, ALASKA, that an exchange of property between the City of
_~;~~~, ~ Kenai and Marvin Dragseth as described herein is hereby approved
subject to approval of the Secretary of the Interior.
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I PASSED HY THE COUNCIL DF THE CITY DF KENAI, ALASKA this 5th day
'- ~~ ~ of June, 1985.
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,'~: j f om Wagoner , ayor
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ATTEST:
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i net Whelan, City Clerk
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C Kenai Peninsula Borough and the former record owner of the
sums which are, or may become, due to them pursuant to the
provisions of AS 29.53.3H0.
(b) If the City Manager determines that it is in the City's
interest to sell City lands, the 5r,ie 3ha11 be eitF~er a caste
transaction or by a note secured by a deed of trust, subject to
paragraph (a) above, and by nn other means. The note and deed of
trust shall carry terms as follows:
(1) Tt'ie term of such note may be set by the City Manager,
but it shall provide for monthly payments and not exceed 20
years unless a longer period for a specific sale of land
is approved by resolution of the City Council.
(2) Such note shall bear interest at a rate to be deter-
mined by the City Council by resolution. (Ords 612, 711,
1001 )
22.05.050 Qetermination as to Need for Pu-~lic tJse: (a)
Whether land shall be acquired, retained, devoted, or dedicated
to a public use shall be determined by ordinance which shall
contain the public use for which said property is to be dedicated,
the Legal description of the property, and the address or a
general description of the property sufficient to provide the
public with notice of its location.
(b) Whether land previously dedicated to a public use
should be dedicated to a different public use or should no
C longer be needed for public use shall be determined by the City
Council by ordinance which shall contain the new public use far
which said property is to be dedicated or the reason the land is
no longer needed for public use, the legal description of the
property, and the address or a general description of the
property sufficient to provide the public with notice of its
location.
. (c) Any determinations pursuant to sub-sections (a) and (b)
Fie rein which pertain to tax-foreclosed property which has not
been held by the City for a period of more than ten years after
the close of the redemption period shall also comply with the
requirements of KMC 22.05.090. (Ords 312, 640)
22.05.06C' Tax Foreclosure Parcels: (Ord 312, Repealed Ord
612 )
22.05.070 Property Exchanges: The Council may approve, by
resolution, after public notice and an opportunity for public
hearing, the conveyance and exchange of a parcel of City property
for property owned by another person subject to such conditions
as Council may impose on the exchange, whenever in the judgment
of the City Council it is advantageous to the City to make the
property exchange. (Ords 312, 588)
l 22-7
(City of Kenai
Supp. 1134 - 3/8/8s)
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35021 KENAI SPUR HIGHWAY
SOLDOTNA. ALASKA 99868
~ (907) 282.7443
~ April 12, 1985
~. .~.
~d ?Ua~r~li ,meal ~~,Q~atc ~~
t t0 WILLOW STREET, SUITE 104
KENAI, ALASKA 99611
1907) 283.7190
Marvin Dragseth
Box 224
1 ~ Kenai, Alaska 99611
'. Dear Mr. Dragseth: ,
.-- ~ As requested, I have conducted a study if hot 1, L-SS 4563, containing 3.546
acres and a portion of Lot 10, Sec. 4, TSY, RI1W, containing 3.5 acres, for the
purpose of reporCing to you my opinion of their Market Value as of April 5,
_._._ ~ 1985.
A discussion concerning the analysis and supporting data is contained is the 29
pages of this report.
Based on the examination and study made, I have formed the opinion that the Fair
Market Value of the Subjects, as of April 5, 1985, in Fee Simple Title, was:
_. Lot 1 - $160,000 ~.~v-..,s~kti-~
,
Lot IO - $270,000 ~ ~~•~'~f ~ So1"'""`~"°~~
~
- I hereby certify that I have no past, present or prospective interest in the
, ~ property and ay employment was not contingent upon returning findings in any
specified or implied amouc:t, or otherwise contingent upon anything else other
than the delivery of this report.
_~ ~ To the best of my knowledge and belief, all statements and opinions contained in
',. I 'this report are correct.
~'`,~~~`~ ~ ~ Thank you for the opportunity of serving you. If you have any questions
=; i concerning the report, please feel free to call.
'~~~".`, ~ i Respectfully submitted,
:~ ; _~ ~' ,
Edwin S. Warfle, C.R.A.
R °' l Appraiser
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