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HomeMy WebLinkAboutRESOLUTION 1971-31~ ~~ C r ~-- - , - ~~, - ~_.. .. _~ ~_~ .. . , ~ ~ CITY OF KENAI - RESOLUTION NO. 71-31 A RESOLUTION AUTHORIZING TH~ CITY ADMINISTRATION TO SELL TO KENAI STEEL BUZLDINGS, INCORPORATED, KENAI, ALASKP,, LOT 8 OF THE AL•YESKA SUBDIVISION, PART TWO, ACCORDING TO PLAT NO. K-1921. WHEREAS, the City of Kenai is presently leasing Lot 8 of the Alyeska Subdivisfon to the Kenai Steel Buildings, Incorporated, wnder an Agreement signed by the City of Kenai, August 9, 1965 and the terms of the Agreement as signed by both parties, indicate that the Kenai 3tee1 Buildings, Incorporated, has the option to purchase Lot 8, Alyeska Subdiviaion, within a period of ten (10) yearsf and WHEREAB, the Kenai Steel Buildings, Incorporated, has expressed a desire to purchase Lot 8 of the Alyeska Subdivieion; and WHER~AS, the ability of the Kenai Steel Buildings, Incorporated, to re-f.i_nance the present building of above mentioned lanu depends on the purchase of the lnt in questfon. NOW, THEREFORE, BE IT RESOLVED BY TH~ COUNCIL OF THE CITY OF KENAI, ALASKA, AS FOLLOWS: 1. That the Administration be authorized an8 instructed to sell to Kenai Steel Buildings, Incorporated, Lot 8, Alyeska Subdivision, as described above for $13,966. 2. That the monies be deposited in the Airport Building Land Fund for the City o£ Kenai, Alaska. PA83ED AND APPROVED THIS ~~ DAY OF JULY, 1971. _ ~j ~ . ~O F. STEINBECK, Mayor ATTLST: . Sharon Sterling, Acting City C1 rk r- ,~ -_.~ --..~r--•.: