HomeMy WebLinkAboutORDINANCE 2085-2005l
Suggested by: City Council
CITY OF KENAI
ORDINANCE N0.2085-2005
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, CLARIFYING
KMC 22.05.080(a) AND AMENDING IT BY ADDING LANGUAGE TO ALLOW THE CITY
TO LEASE, DEVOTE OR GRANT REAL PROPERTY TO QUALIFIED IRS SECTION
501(c)(3) NON-PROFIT CORPORATIONS WITHOUT PUBLIC SALE AT AN AGREED-
UPON CONSIDERATION.
WHEREAS, KMC 22.05.080(a) currently allows the City of Kenai to grant or devote real
property to the United States, the State of Alaska, a local subdivision of the State or
any agency of them without a public sale at an agreed upon consideration; and,
WHEREAS, qualified IRS Section 501(c) (3) non-profit corporations provide a variety of
services that fulfill a community purpose; and,
WHEREAS, the City should also be allowed to grant, devote real property to a qualified
IRS Section 501(c) (3) corporation without a public sale for an agreed-upon
consideration to aid them in providing services to the public that fulfill a community
purpose; and,
WHEREAS, it is in the best interest of the City of Kenai to clarify and amend KMC
22.05.080(a).
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA that KMC 22.05.080(a) is amended as follows:
22.05.080 Grant or devotion.
(a) The Council, by ordinance, may lease, grant or devote real property
no longer needed by the City for public purpose to the United States, the
State of Alaska, a local olitical subdivision of the State of Alaska, or any
agency of any of these governments or an IRS Section 501(c~ (3~ non-profit
corporation, for a consideration agreed upon between the City and
Grantee without a public sale if the grant or devotion is advantageous to
the City.
(b) The council, by ordinance, may donate foreclosed real property,
valued at less than ~ 10,000 and held by the City for more than ten
years, to anon-profit, low income housing corporation for construction of
housing, provided that such housing shall be returned to the city and
borough tax rolls upon completion. The Grantee shall be responsible for
paying any back property taxes, penalties, and interest owed.
Ordinance No. 2085-2005
Page 2 of 2
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this sixth day of April,
2005.
~~ ~~
PAT PORTER, MAYOR
ATTEST:
Carol L. Freas, City Clerk
Introduced: March 16, 2005
Adopted: Apri16, 2005
Effective: May 6, 2005
(2/23/05 sp)
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