HomeMy WebLinkAboutResolution No. 2011-02arty
K NAL ALASKA
CITY OF KENAI
RESOLUTION NO. 2011 -02
Suggested. by: Ad
ms
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AUTHORIZING
THE PURCHASE OF APPROXIMATELY 7.28 ACRES OF PROPERTY DESCRIBED AS
T5N R11W, SECTION 4, SEWARD MERIDIAN, THIRD JUDICIAL DISTRICT, KENAI,
ALASKA FOR $25,000.00 TO BE RETAINED BY THE CITY FOR THE PURPOSE OF
MAINTAINING A COMPONENT OF THE CITY'S STORM DRAIN SYSTEM.
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 provide City ownership of the storm
drain system for future repair and maintenance; and,
WHEREAS, the City Manager desires the City to purchase this property to be retained
by the City and reserved to preserve the drainage right of way; and,
WHEREAS, the owner of the property desires to sell the property to the City of Kenai
for $25,000.00; 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 owner 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 $25,000.00; and,
WHEREAS, it is in the best interest of the City of Kenai to purchase the above
described property for the purpose of maintaining a component of the City's storm
drain system.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, authorizes the purchase of approximately 7.28 acres of property described as
T5N R11W, Section 4, Seward Meridian, Third Judicial District, Kenai, Alaska for
$25,000.00 to be retained by the City for the purpose of maintaining a component of
the City's storm drain system.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this fifth day of
January, 2011.
ation
Resolution No. 2010 -02
Page 2 of 2
ATTEST:
Carol L. Freas, City Clerk
PAT PORTER, MAYOR