HomeMy WebLinkAboutRESOLUTION 2003-13Suggested by: City Administration
City of Kenai
RESOLUTION NO. 2003-13
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA APPROVING THE
SALE OF EIGHT LOTS IN INLET WOODS SUBDIVISION TO PHILIP W. AND EILEEN
BRYSON (WITH A 7% DISCOUNT FOR CASH) FOR $107,880.
WHEREAS, the City of Kenai received a written offer from Philip W. and Eileen Bryson
to purchase the following lots in Inlet Woods Subdivision for $107,880 cash;
Lot 1 iA (Kenai Replat), Block 4
Lots 6A (Robinson Replat), 7, 14, 15, 16 and 17, Block 5
Lot 6, Block 6
and,
WHEREAS, Ordinance No. 1849-2000 determined the property is not required for a
public purpose and can be sold; and,
'WHEREAS, these properties were included in a competitive bid sale on June 5, 2000,
with the minimum bids being the fair market values (for a total of $116,000); and,
WHEREAS, no bids were received for these lots; and,
WHEREAS, there have been no other offers to purchase the properties; and,
WHEREAS, KMC 22.05.040(e) states the following:
If no offers are submitted meeting the minimum acceptable offer (or appraised
valuation), the City Manager may negotiate for sale of said tract or tracts of land
with a modification of proposed terms or for less than the appraised valuation
provided that no such negotiated sale for less than appraised value shall be
binding upon the City unless the terms and price therein are approved by
resolution of the City Council
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, that the Council approves the sale of eight lots in Inlet Woods Subdivision to
Philip W. and Eileen Bryson (with a 7% discount for cash) for $107,880.
2003.PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this. ,~~~~19th d~ay of March,
· WILLIAMS, MAYOR
ATTEST:
Carol L. Freas, City Clerk
,~!
Approved by Finance ~
(3/07/03) kh