HomeMy WebLinkAboutResolution No. 2014-58Suggested by: Administration
CITY OF KENAI
RESOLUTION NO. 2014 -58
• RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, AUTHORIZING
• BUDGET TRANSFER WITHIN THE GENERAL FUND FOR THE PAYMENT OF BACK
PROPERTY TAXES TO THE KENAI PENINSULA BOROUGH ON LAND TO BE
RETAINED FOR A PUBLIC PURPOSE.
WHEREAS, the City has identified parcels foreclosed upon by the Kenai Peninsula
Borough for non - payment of property taxes as needed for a public purpose; and,
WHEREAS, prior to retaining tax foreclosed property for a public purpose the City
must pay the Borough portion of unpaid property taxes and other costs; and,
WHEREAS, sufficient funds are available in the General Fund, Non - Departmental
Contingency account for transfer.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, the following budget transfer be made:
General Fund
From:
Non - Departmental - Contingency $10.000
To:
Lands - Land
$19 000
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 20th day of August,
2014.
/ e)��
PAT PORTER, MAYOR
ATTE
Sandr di , City Clerk
Approved by Finance:��
M
"Villaye with a Past, C# with a Future"
FINANCE DEPARTMENT
210 Fidalgo Avenue, Kenai, Alaska 99611 -7794
Telephone: 907 - 283 -7535 ext 221 / FAX: 907 - 283 -3014
W \p To: Rick Koch, City Manager
/ From: Terry Eubank, Finance Director
Date: August 12, 2014
Re: Resolution 2014 -58
The purpose of this memo is to recommend adoption of Resolution 2014 -58 that will authorize a
budget transfer within the General Fund for the payment of unpaid property taxes on parcels
foreclosed upon by the Kenai Peninsula Borough which the City intends to retain for a public
purpose.
The five lots selected are Lots 12 through 16, Block 3, East Addition, Townsite of Kenai, also
know as 600, 602, 604, 606 and 608 Peninsula Avenue, Kenai, Alaska. The property is intended
to be retained for a public purpose as a staging area in support of bluff erosion control measures
and, later, for parks and recreation purposes.