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HomeMy WebLinkAboutRes1976-940 r'''-- .,.,.t<",......'c CITY OF SEWARD RESOLUTION NO. 940 COUNCIL-VOLUME' p.7 PAGE ,4i _ ~: . ' " "~~R.'~~;{> { City Clerk-Treasurer ATTACHED TO AND MADE A PART OF THE MINUTES OF THE SEWARD CITY A RESOLUTION, approving the sale of Lot 3, Block 32, Original Townsite, to Jesse and Bessie Lanman. WHEREAS, the City of Seward, Alaska owns Lot 3, Block 32, Original Townsite, and WHEREAS, this lot is 3,000 square feet in size and therefore insufficient to permit the construction of a dwelling which would be in conformance with existing land use regulations, and WHEREAS, in accord with Section 2-92, of the Code of Ordinances, the City Council determines that the disposal of this parcel of real property by public sale is not in the public interest and that it is in the public interest to sell this property to Jesse and Bessie Lanman who have expressed interest in the acquisition of this lot. NOW, THEREFORE BE IT RESOLVED, BY THE CITY COUNCIL, OF THE CITY OF SEWARD, ALASKA, that Section 1, the City shall sell Lot 3, Block 32, Original Townsite, to Jesse and Bessie Lanman, with a sales price of $1500. Section 2. The terms of the sale shall be ten percent (10%) down, five (5) annual payments with interest at the rate of eight percent (8%) per annum. Section 3. This Resolution becomes effective thirty (30) days after passage and publication in accord with Section 2-88 of the Seward Code of Ordinances and the sales documents may be executed at the conclusion of the posting period. PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 23 day of February, 1976. Va-! 1!(;1J~" Richard A. Neve' Mayor ''", -},