HomeMy WebLinkAboutResolution No. 2011-03a[y
KENA ALASKA
CITY OF KENAI
RESOLUTION NO. 2011 -03
Suggested by: Administration
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AUTHORIZING
THE PURCHASE OF APPROXIMATELY 40 ACRES OF PROPERTY DESCRIBED AS SE
1 /4 NE, T6N, RI1W, SECTION 31, SEWARD MERIDIAN, THIRD JUDICIAL DISTRICT,
KENAI, ALASKA FOR 5160,000.00 TO BE RETAINED BY THE CITY AND RESERVED
FOR 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 this property to be retained
by the City and reserved for public use; and,
WHEREAS, the purchase would provide the City's airport additional property reserved
for airport purposes; and,
WHEREAS, the owner of the property desires to sell the property to the City of Kenai
for S 160,000; 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 the option to purchase the property for
$160,000; and,
WHEREAS, the total purchase price for 40 acres is S 160,000 of which the General
Fund and Airport Fund will each pay S80,000 and receive approximately half 20
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.
Resolution No. 2011 -03
Page 2 of 2
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, authorizes the purchase of approximately 40 acres of property described as
SE 1 /4 NE 1/4, T6N, R11W, Section 31, Seward Meridian, Third Judicial District, Kenai,
Alaska for $160,000 to be retained by the City and reserved for a future trail, to
preserve a drainage -way through the City and for airport purposes.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this fifth day of
January, 2011.
ATTEST:
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Carol L. Freas, City Clerk
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PAT PORTER, MAYOR