HomeMy WebLinkAboutRes1968-681
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RESOLUTION NO. 681
WHEREAS The City of Seward wishes to sell certain lots and parcels of
land within the City of Seward:
NOW, 'l'BEREFORE, BE IT RESOLVED that the below listed lots and parcels
of land shall be sold by The City of Seward under the following terms
and conditionst
(1) A public hearing shall be held by the City Council as a Hearing
Board at 7145 p.m., Monday, February 19, 1968 for the purpose of hearing
the opinions of the public with regard to the proposed sale and condi-
tions of sale of said property: and
(2) The City Clerk-Treasurer shall advertise for sealed bids in the
Seward Phoenix Log, the Cheechako News, the Anchorage Times and the
Anchorage Daily News once each week for a period of six (6) weeks, and
the following bid conditions and terms of sale hereby established shall
be incorporated in said advertisement: and
(3) The below listed lots and parcels, including any and all improvements,
appurtenances and hereditaments, shall be sold AS IS under the terms
and conditions contained in this resolution, and the minimum acceptable
offer for any of said lots or parcels shall be as enumerated below.
Each item is a parcel and shall not be divided for the purposes of this
sale.
Item No. a
Leqal Description:
Minimum Accep-
table Price:
No. 1
Lots 4, 5, 6 & 7 in Block 12 of the
Original Townsite, city of Seward
$ 8,000.00
No. 2
Lots 1 through lO & Lots 26 through 40 in
Block 22 of the Original Townsite, City
of Seward
$ 14,800.00
No. 3
Lot 20 in Block 36 of the Original
Townsite, City of Seward
$
200.00
No. 4
Lot 22 in Block 10 of the Laubner Addition
in the City of Seward
$
500.00
NO. 5
Lot 23 in Block lO of the Laubner Addition
in the city of Seward
$
500.00
(4) Award shall be to the highest bidder. and no bid shall be acceptabl~
which is under the minimum acceptable offer, with provision for each
offer to contain a first choice, a second choice and a third choice,
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except that only one choice from anyone offer shall be awarded: and
any person may submit as many bids as he desires to: and
(5) A bid deposit in the normal form, in the sum of ten percent (10%)
of the offer is required: and
(6) Terms of sale shall be: (a) Payment in full upon conveyance, or
(b) ten percent (10%) down with five (5) years to pay plus five percent
(5%) per annum interest on remaining principal balance and deed of trust
mortgage to The City of Seward: and
(7) Conveyance shall be by quit claim deed.
(8) Bid withdrawals after the opening shall not be permitted, and high
bidders shall be required to complete total payment of their offer: and
(9) Bid award shall be made by the City council at the regular meeting
to be held on April 15, 1968: and
(10) Any lot or parcel remaining unsold after the above described adver-
tisement for sealed bid and award to high bidders shall be sold to City
of Seward residents, who shall have been residents of The City of Seward
for ninety (90) days immediately preceding the sale, at an over-the-
counter sale for the minimum acceptable price as herein stated on a
first come, first served basis, at the Office of the City Clerk-Treasurer,
City Hall, Seward, Alaska commencing at 8:00 a.m. on the l7th day of
April, 1968 until 5:00 p.m. on the 23rd day of April 1968, and commenc-
ing at 8:00 a.m. on the 24th day of April 1968 on the s.... basis and at
the same place to Seward residents and non-residents alike.
This Resolution shall be published by posting a copy hereof for a period
of ten (10) days on the Bulletin Board in city Hall and by publishing a
notice of the place of posting and a brief statement of the purpose of
this resolution in a newspaper of general circulation in the city
within a reasonable time.
Attest:
This Resolution shall be effective upon completion of the public hearing
herein called to be held on February 19, 1968 providing no substantial
changes result therefrom, and otherwise pursuant to amendment and ten
(10) days following publication thereof. Passed and approved by the
Ci ty Council of The City of Seward, Alaska this 6th day of February, 1968.
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Beatrice E. Watts
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ATTACHMENT TO RESOLUTION NO. 681 RECORD COPY:
Section 9 requires bid award at the regular meeting of the City
Council to have been held on April 15, 1968. This meeting was
postponed until April 22, 1968 for lack of quorum.
The bids were awarded at the meeting held on April 22, 1968.
Therefore, the over-the-counter sales to residents was held from
8:00 a.m. on the 24th day of April, 1968 until 5:00 p.m. on the
30th day of April, 1968 and commencing at 8:00 a.m. on the 1st day
of May 1968 for residents and non-residents alike.
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Beatrice E. Watts
City clerk- Treasurer