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<br />CITY OF SEWARD, ALASKA <br />RESOLUTION NO. 2000-107 <br /> <br />Section 3. The City recently completed an appraisal ofa 43,605 square foot portion of Lot <br />2, Block 3, Fourth ofJuly Creek Subdivision, SMIC, for the purpose of determining the fair market <br />rental value of the City's pending lease to Dan Lowry d.b.a. DALCO Corp. The City finds that it is <br />in the public interest to complete the sale described in this resolution without completing another City <br />appraisal of the property. The City hereby accepts the fair market valuation of$.75 per square foot, <br />as determined by MacSwain Associates recent appraisal of a 43,605 square foot portion of Lot 2, <br />Block 3, Fourth of July Creek Subdivision, SMIC, for the purpose of satisfYing the appraisal <br />requirement and to identify the fair market land value of Lot 2, Block 3, Fourth of July Creek <br />Subdivision at $81,664. <br /> <br />Section 4. The previously approved lease of a 43,605 square foot portion of Lot 2, Block <br />3, Fourth of July Creek Subdivision, SMIC, to Dan Lowry d.b.a DALCO Corp., as authorized by <br />Resolution No. 99-135, is hereby annulled. <br /> <br />Section 5. Approval of the Purchase and sale agreement by this resolution is subject to Dan <br />Lowry signing the agreement within 30 days of the date herof <br /> <br />Section 6. This resolution shall take effect 30 days after passage and posting as required by <br />Seward City Code ~7.05.145. <br /> <br />PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this 251h day <br />of September, 2000. <br /> <br />THE CITY OF SEWARD, ALASKA <br /> <br />CoL I t~ ~'-1 .) <br />Edgar Blatchford, Mayor <br /> <br />AYES: <br />NOES: <br />ABSENT: <br />ABSTAIN: <br /> <br />Brossow, Calhoon, Clark, King, Orr, Shafer, Blatchford <br />None <br />None <br />None <br /> <br />ATTEST: <br /> <br />~U~{1 <br /> <br />Patrick Reilly / <br />City Clerk ' <br />(City Seal) <br /> <br />~"'I""',,, <br />~~.." Or Sl:~"'~ <br />..~ ~-{ ........ ~...:~~ <br />'0" ,.~ ...~?-POR~.......,...... ~ <br />.". '-1 .,.,., .~. v fit: <br />c~ .- ~~ ~:.... <br />~ :~ -.- ~\ ~ <br />"1 : " _ <br />- . SEAL . · <br />:8! !_: <br />~., . . . <br />.~ . . - <br />. " . ........ I .. <br />"~\~ ~.. ~ <br />':', (.P"'...OA... 1 '\~.......l!r ~ <br />, '. ...."" .' ~-A; <br />"'~~ ~"'\ ......:.........1..: tJ...t:O ~'f;- <br />'<""'^-' 0- "V~ r:> <br />.' tit. r '" ",. <br />.,1'...."", <br />