HomeMy WebLinkAboutRESOLUTION 1967-54g ~-- -• - ~~,~ - .- - -
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CITY OF KEIJAI - RESOLUTIOPI tIO. E7_ ~~ _ ~_
RATIFYII~C TERb]IId,1'PION OT' I~II)nIld ; Pr RIrJI'~ FUR A PAACE:I, OF LANs °PIO!dtJ AS
I;TOLIN SUBDIVISION Aidt) RA"'IF'"it]~. PRFLItiI1;ARY AC^1IOiJS FOF PROP).>LD CALF: ,
4.1HEREAS, the City of K.en:.i, hereinafter sometimes called
CITX, is the owner of certain lands in the prono~ed L•'tolin Subdivision
which are not dedicated to any public ~zse by the City, and said land
has been platted for proposed sale to private individuals for commercial
development which has been forecasted by planninE efforts of the CITY as
being in the public interest,
41HEREAS, the said Etolin Subdivision is located within
lands conveyed to the CITY of Kenai pursuant to a quitclaim deed dated
1 December 1963, from the United States of America, which said conveyance
is subject to certain requirements, and also includes land to be secured
from the State of Alaska,
k'HREAj, the CITY advertised in the Cook Inlet Courier,
a paper of general circulation within the CITY over a period of eight (8)
weeks requesting proposals for lease or sale of ETOLIN SUBDIVISION, and
WHEREAS, only one proposal was received in response to
said advertisement by the deadline, which had been extended from 26 I4ay
1967, to 9 June 1967, and re-extended from 9 June 1967, until 10 July 1967,
and
WHEREAS, no further public purpose would be served by
continuinE advertising, or extension of Publicized sale or auction dates,
and
WHEREAS, by an action on motion of the Council entered
in the special minutes of the council meeting; dated 12 July 1967, the said
lands were declared to be available for negotiated sale and it was deter-
mined that the deadline of 10 July ha.vinr; passed, that the said period
of time for acceptance of any proposal:, was closed, and
WHEREAS, it was determined in the best interest of the
public to ner'otiate a sale, an~I
YIIiERI:A° , a sale was ner.oti ate~I havinrr rPf. erence to the
appraisals securred by the City and the only bidder.
~II'EREAS, the said appr~, LJ7.1.~ were pri~~~aril•y based Uj',on
Comparable sales for purposes other than a shopnin~• center use, which said
comparable sales did not reflect all the con:cic~~~ra.tions in th? gale con-
templa.ted and documc~nteci by this rosoluti~n, anti
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L~JfIE!~F.AS , Y.FI;1! I : 1'~PPI;'~ CFI;^'f?" , ~~.n ! lacl;a partnership . has
submitted a proposal to purchase the la r.c.i at a prig c,f ~1h0,UUI).UU.
1•!0'1! THFR}?FORF., RF. I".' PF.SC`L~,'EI) ~3Y Tf{F ~:~)U,tiCII. OF TILE CITY
OF KENAI, ALASKA:
1. That the declaration of closinE~ of the time for submis-
sion of the proposals in response to the public advertisement is hereby
ratified.
2. That it is found and determined to he in the public
interest that the land in question shall be available for ne~otiatecl sale.
3. That it is found and determined to be in the public in-
terest that the land in Question should be developed as soon as possible
into a shopping center which is forecasted to provide the nucleus
of a ma.~or commercial center, or provide a nucleus for such commercial
development, for the entire CITY of Kenai, Alaska, --- a type of develop- ,,
~ ment presently not found anywhere on the Yenai Peninsula..
4. It is found and determined to he in the public interest to
conclude a sale of the Etolin Subdivision as soon as possible in order
that construction during the 1967 season might be undertaken, if at all
'` possible.
5. That it is found and determined that approval of the
• Federal Aviation Administration should be securxed before finalization
of any sale is accomplished.
6. It is found and determined that the revenue to be received,
which by previous requirement coverinP' the l.anc3 in question, to be dedi-
cated to use for airport purposes, is urgently needed for improvements
on the airport which can not be funded in any other way in sufficient
I~ time to tags advanta[~e of the 197 construction season other than by using
such revenues as may be available from the sale, if approved by the FAA,
of the real property in question.
~ 7. It is found and determined that the beneficial rao~ifica-
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tions of the development contemplated exceed,ihr the purposes of establish-
' inp, a focus for development of the City of Kenai, tt~e benefits to be
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'' received from the price eontemc~lai,eu Ly L;~e sale of tY,e real est.aLe, or
the additions which shall result from property to be added to the tax roles.
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~ 8. It i3 found and determined that the price offererl and
accepted is reasonable and advantageous to the public interest.
' Dated __~ day of _ _ ' 1967.
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Attest:
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