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HomeMy WebLinkAboutRESOLUTION 1968-10~~T ^~ "7 =.= - - - ~' 1 T7 r~I' ~;i:P. 1 `~ _~ 3 REGOLUTTOIi AT)TfiOP. l7. I IIG Tiil: TfZA1T^FEP, OF T ! `I't,l•; `PO LOT 3, BLOCY. F: ORIGTtTA7, TO:~TiTSTTF,, rIT'f GF Y3•:IJA f, ALAJYA, TO rTT'f COt~tiFRCb. COP,PORATIOIJ AITD /:.~iTfi01? I'/, t i:r; T'i~; r' IT'I t~tAI~TA^rr TO STGIT THE DEET~: T•THEREAS; the t'i ty of Yena i has ~, ornple*.ed ne~rot i -++, i ons with City commerce Corporat i or+ for *.tie transfer of title to Lo*• 3, Block 6, Ori Fr; r,al 't'ownsite of Yena i , for the total sum of~ 000; and _t ~•THERE ~ i; desi.rahle t}•ia*, deed for said transfer now be s i grid and exe~~v ted. N04T TtIEREFORE BE TT RESOLZJED BY THE CITY r,OUTJCTL OF THE CTTY OF KEITAI, ALA^KA, THAT: 1. The City Idanager of the Ci*,y of Kenai, James 4T. Harrison, is hereby authorized and instructed to exe~+~re the deed prep- ared by the City Attorney convey~ng_the interest of the City of Kenai in Lot 3, Plock 6, Original Townsi.+;e of the City of Kenai to City C,ommer~:e Corporation. Said deed shall be dell.vered to Alaska Title and Guaranty Company who shall act as Escrow Agent for the transfer of said title. ?. The City Attorney is authorized to advise with the Alaska Title Company for the purpose of assisting in this transfer. Such transfer :?hall be made only upon the receipt by the es~srovr agent of funds totalin[~ $10,000 in the name of the City oP Kenai from City r;ommerce Corporation. PASSED THTS THE 14th DAY OF I~UIRCH, 196, ATTEST: ~~ ~ - rances or sen, y r,lerk ~ ~-c/ .Ja es G. Dye, yor ._~