HomeMy WebLinkAboutResolution No. 2005-54Suggested by: City Administration
CITY OF KENAI
RESOLUTION NO. 2005-54
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, APPROVING
THE SALE OF LOTS ONE (1), TWO (2) AND THREE (3), BLOCK ONE (1), EVERGREEN
SUBDIVISION, KIM ADDITION.
WHEREAS, a written request has been received from Todd Harsha to purchase three
lots in Evergreen Subdivision, Klm Addition for $25,000.00 (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 One (1), Two (2) and Three (3),
Block One (1), Evergreen Subdivision, Klm Addition.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this seventh day of
December, 2005.
PAT PORTER, MAYOR
ATTEST:
Carol L. Freas, City Clerk
Approved by Finance' ~
(12/1/05) kh
KENAI. ALASKA
210 Fidalgo Avenue, Kenai, Alaska 99611-7794
Telephone: (907) 283-7535 / Fax: (907) 283-3014
www. ci.kenai.ak.us
M moranClum
Date:
From:
December 1, 2005
Charles M. Kopp, Acting City Manager
Klm Howard, Assistant to the City Manager ~r
Todd Harsha Proposal to Purchase - Lots 1, 2 & 3, Block 1, Evergreen
Subdivision, Kim Addition
Attached is a proposal to purchase Lots 1, 2 & 3, Block 1, Evergreen Subdivision, Kim Addition
submitted by Todd Harsha. Mr. Harsha has offered $25,000 cash for all three lots ($8,333.33/lo0.
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 each of these lots is currently $11,200.
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 nine lots, as follows:
September 2005 - $9,500 each for two lots
· May 2005 - $9,500 (terms)
June 2002- $9,500
September 2000 - $9,500
June 1997 - $9,500 each 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.
Cc: Todd Harsha
Attachments
/kh
Evergreen Subdivision Kim Addition
Subject Parcels
(2)
Spur Motel
(3)
1804 1802
~'- 1807 18051~)~1 1~01:
,
~ 1.1~ la19 1OM 1806 180~,~. 1__802_
180~
1265~
FHIRD AVE
WESBET CT
_ 12528 12516
Legend
Lots for Sale
su~jec~ .arce~s