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HomeMy WebLinkAboutResolution No. 2011-01KENAI, ALASKA CITY OF KENAI RESOLUTION NO. 2011 -01 Suggested by: City Manager A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AUTHORIZING THE PURCHASE OF APPROXIMATELY 20 ACRES OF PROPERTY DESCRIBED AS E NE 1/4 NE 1/4, SECTION 31, T6N, R11W, SEWARD MERIDIAN, THIRD JUDICIAL DISTRICT, KENAI, ALASKA FOR 546,000 TO BE RETAINED BY THE CITY AND RESERVED FOR A PUBLIC USE AND FOR AIRPORT PURPOSES. WHEREAS, KMC 22.05.135 states that the City may purchase real property after authorization by the City Council; and, WHEREAS, the purchase of the property would preserve a natural drainage -way at the perimeter of a residential area; and, WHEREAS, the City Manager desires the City to purchase a portion of this property to preserve a natural drainage -way and reserved for a potential future site of a City trail system and airport purposes; and, WHEREAS, the owners of the property desire to sell the property to the City of Kenai for $46,000.00; and, WHEREAS, the City Manager has ordered an appraisal of the property as required under KMC 22.05.135 which shall be available to the Council prior to the purchase being finalized; and, WHEREAS, the owners of the property and the City of Kenai have entered into an option to purchase agreement giving the City of Kenai the option to purchase the property for $46,000.00; and, WHEREAS, the total purchase price for 20 acres is $46,000 of which the General Fund and Airport Fund will each pay $23,000 and receive approximately half 10 acres) of property to be subdivided at a later date; and, WHEREAS, it is in the best interest of the City of Kenai to purchase the above described property to be retained by the City and reserved for a future trail, to preserve the drainage -way and for Airport purposes. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, authorizes the purchase of approximately 20 acres of property described as E2, NE4, Section 31, T6N, R11W, Seward Meridian, Third Judicial District, Kenai, Alaska for 546,000 to be retained by the City and reserved for a public use and for airport purposes. Resolution No. 2011 -01 Page 2 of 2 PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this fifth day of January, 2011. ATTEST: Carol L. Freas, City Clerk PAT PORTER, MAYOR