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CITY OF SEWARD <br /> RESOLUTION 2010 -012 <br /> Section 1. The recitals stated above are incorporated by reference herein. For the reasons stated us i <br /> above, the City Council finds it is in the best interest of the City of Seward to dispose of Lot AU, while <br /> maintaining a public use easement on 13,394 sq. ft. of Lot AU as needed to construct the North Forest Acres <br /> Levee/Road Project, subject to the terms contained in the Purchase and Sale Agreement attached hereto. <br /> Section 2. The City Manager is hereby authorized to acquire a public use easement on 15,654 sq. ft. of <br /> Lot ZZ as depicted in the Purchase and Sale Agreement attached hereto, and to execute the Purchase and Sale <br /> Agreement in substantially the form presented at this council meeting. <br /> Section 3. Funds in the amount of $9,000 are hereby appropriated from the North Forest Acres Levee <br /> Project account to account no. 666 -666X -5910 for the purpose of paying any necessary closing costs, escrow, <br /> or other costs associated with this property exchange, including a $4,000 incentive for expediting the closing <br /> of this transaction. <br /> Section 4. This resolution shall take effect (30) days following passage and posting. <br /> PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 22nd day of <br /> February, 2010. <br /> THE CITY OF SEWARD, ALASKA <br /> 'Willard E. Dunham, Mayor <br /> AYES: Valdatta, Bardarson, Keil, Amberg, Shafer, Dunham <br /> NOES: None <br /> ABSENT: Smith <br /> ABSTAIN: None <br /> ATTEST: <br /> °A 4/ , <br /> Je.l Lewi s � .•e•ur.,,, ♦ <br /> ••' o¢ sE11/4 <br /> C y Clerk * . ♦/�� ♦♦ <br /> • <br /> (City Seal) ? ___ — . • <br /> • SEA <br /> •� —+— f <br /> s ... <br /> ♦ '••. OF AVP. *' <br />