Loading...
HomeMy WebLinkAboutOrd1953-229 "".-- ORDINANCE NO. 229 AN ORDINANCE FIXING AND PRESCRIBING THE TERJ:fiS OF SALE OF LOTS 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, and 17 BLOCK 31 and WTS 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 and 20, BWCK 32, AND WTS 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39 and 40, BWCK 32, ALL IN THE SEWARD TOWNSITE. BE IT ORDAINED BY THE CmIl~N COUNCIL OF THE TOWN OF SEWARD: 1. That in the judgment of the Common Council, the following described real property is no longer required for municipal purposes. 2. That it appears advantageous to the City to sell the following describ- ed real property. 3. That the Common Council finds the valuation of the following described real property to be Four Thousand Fifty Dollars ($4,050.00). 4. That the l{ayor and the municipal clerk be and they are hereby authorized and directed to execute a deed or deeds of the following described property to Seward Investment Co. Inc., a corporation, upon payment of said sum of Four 'l'housand Fifty Dollars ($4,050.00). 5. The property to which this ordinance refers is all that real property situated in the Seward Townsite, Seward Recording Precinct, Alaska, and more particularly described as Lots 1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18, 9 and 20 of Block 32, and Lots 24,25,26,27,28,29,30,31,32,33,34,35,36 and 37, ,39 and 40 of Block 32, and Lots 1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16 and 17 of Block 31. 6. That the Mayor and Municipal Clerk be and they are hereby authorized d directed to negotiate a trade with the U. S. Government to convey one lot Block 34 of the Seward Townsite to the U. S. Goverrunent in return for a onveyance from the U. S.,;Government to the City of Seward of Lot three (3) in Block 32 of the Seward Townsite. In the event that the City is unsuccess- ul in such negotiations, then the said Lot 3 of Block 32 shall be eliminated rom the properties conveyed to Seward Investment Co. Inc., and the payment rom said corporation shall be reduced to Three Thousand Nine Hundred Seventy ive Dollars (~3,975.00). LAW OFFICES HELLENTHAL, HELLENTHAL AN 0 COTTlS -1- "HCHORA.QE . JUNEAU ALASKA 7. That as a condition to delivery of a deed hereunder. the City shall obtain from Seward Investment Co. Inc.. a commitment agreeing to use the property for housing only and for the construction of houses all of which shall be approved by the Federal Housing Administration and in accordanc with Federal Housing Administration standards; that the City obtain a further commitment from said corporation to the effect that if such corporation fails to complete such houses by the first ~ of November. 1954. the corpora- tion will convey said lots to the City at the same price for which such corporation purchased such lots under this ordinance. 8. Publication of this ordinance shall be made by posting a copy hereof on the City Hall Bulletin Board for a period of ten (10) days following the pasSQe hereof 0 9. The rules governing the introduction. passage and approval of resolutions are hereby suspended and an emergency is hereby declared to exist and this resolution shall become effective immediately upon its passage and approval. Introduced. passed and approved by the Council of the City of 1:l.. Seward, Alaska. this -.1- day of ~ 1953. CIl:u~~~~. Russell Painter Mayor of the City of Seward ATTEST: ~~ Sigrid tea.rns City Clerk of the City of Seward -2- . .. Sewardt Alaska May 6t 1953 City of Seward Seward, Alaska Dear Sirs: In accordance with paragraph NO. 7 of' Ordinance No. ')/).-7 t We hereby advise you that we agree to use th~ property descrihed in said ordinance. for housing only and for the construct10n, of houses all of which shall be approved by the Federal Housing Administration; and in acco~ce with Federal Ho~sing Administration Standards; we further agree that if We fail to complete the proposed housing on the 54 lots as herelnhef'ore Clescribed in. said ordinance by Novemher l~ 1954. we shall give the City of Seward the opportunity to repurchase said lots at the same price we paid you. Ih"the event of prolonged strikes, fire or other matters beyond our control however,. we should like to extend the November 1, 1954 deadline in accordance with delays caused by the matters beyond our control. Very truly yours, SEWA~STMENT COMPANY BY~' Vice-President INC. rwm/