HomeMy WebLinkAboutResolution No. 2005-44Suggested by:
CITY OF KENAI
RESOLUTION NO. 2005-44
City Administration
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, APPROVING
THE SALE OF LOTS FIVE (5) AND SIX (6), BLOCK TWO (2), EVERGREEN
SUBDIVISION, KIM ADDITION.
WHEREAS, a written request has been received from Stephen R. and Charlene S.
Weber to purchase two lots in Evergreen Subdivision, Kim Addition for $9,500.00
each (cash); and,
WHEREAS, Ordinance No. 1548-93 determined the property is not required for a
public purpose and can be sold; and,
WHEREAS, these lots were included in a competitive bid sale in April of 1994, with
the minimum bid being the fair market value of $11,000 (cash); and
WHEREAS, no valid bids were received; and,
WHEREAS, there have been no other offers to purchase these parcels at the fair
market value; 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 Lots Five (5) and Six (6), Block Two (2),
Evergreen Subdivision, Kim Addition.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this seventh day of
September, 2005. ~ ~~
ATTEST:
Carol L. Freas, City Clerk
Approved by Finance:~
(8/23/05) kh
PAT PORTER, MAYOR
Evergreen Subdivision
Kim Addition
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EVERGREEN FRACT A I TR.
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TR. A-2
TR. A-1
A.D.L. NO.
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142
TR. F
Legend
Pending Sale
Evergreen Lots Sold
Available Lots for Sale
a aFur u, re
210 Fidalflo Avenue, Kenai, Alaska 99611-7794
Telephone: 907-283-7535 / FAX: 907-283-3014
www.ci.kenai.ak, us
KENAI, ALASKA
Memorandum
Date:
To:
From:
RE
August 23, 2005
Charles M. Kopp, Acting City Manager l/
Kim Howard, Assistant to the City Manager (
Stephen R. & Charlene S. Weber Proposal to Purchase-
Lots 5 & 6, Block 2, Evergreen Subdivision, Kim Addition
Attached is a proposal to purchase Lots 5 & 6, Block 2, Evergreen Subdivision, Kim Addition
submitted by Stephen R. & Charlene S. Weber. They have offered $9,500 cash for each lot.
The lots were offered for sale by competitive bid on April 1994 for the appraised value of $11,000
cash. There were no bidders. There have been "For Sale" signs on the lots. Borough assessed values
for 2005 for each lot is $12,900.
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.
There are 15 lots in the subdivision. Council has approved discounted sales for seven lots, as follows:
· May 2005 - $9,500 (terms)
June 2002 - $9,500
September 2000 - $9,500
· June 1997 - $9,500 for four lots
I receive inquiries about the properties, however, there have been no other written offers made. Let
me know how you would like me to proceed.
Attachments