HomeMy WebLinkAboutRes2005-068
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Sponsored by: Corbridge
CITY OF SEWARD, ALASKA
RESOLUTION 2005-68
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, AUTHORIZING THE SALE OF A PORTION OF LOT 2, BLOCK 3,
FOURTH OF JULY CREEK SUBDIVISION, SEWARD, ALASKA
WHEREAS, Seward City Code Section 7.05.120 authorizes the City Council to dispose of real
property by negotiation, public auction or sealed bid; and
WHEREAS, Bruce C. Sieminski submitted a request to purchase from the City the real property
described as a portion of Lot 2, Block 3, Fourth of July Creek Subdivision, Seward Recording
District, State of Alaska (the "Property"); and
WHEREAS, the proposal before the City will result in placing the Property in private hands and on
the tax rolls of the City and the Kenai Peninsula Borough; and
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WHEREAS, the City finds that it is in the public interest to convey the fee interest in the Property to
Bruce C. Sieminski for fair market value and pursuant to the terms of the Purchase and Sale
Agreement between the City and Bruce C. Sieminski, attached in substantial form hereto as Exhibit
A and incorporated by reference.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SEWARD, ALASKA, that:
Section 1. The recitals are hereby incorporated by reference. The City Council finds that it
is in the public interest to enter into a purchase and sale agreement with Bruce C. Sieminski by sole
source negotiation pursuant to the essential terms and conditions in the attached Purchase and Sale
Agreement.
Section 2. The Property was recently appraised at Forty Thousand Dollars ($40,000.00) and
such appraisal is accepted as fair market value.
Section 3. The attached Purchase and Sale Agreement incorporated herein by reference as
Exhibit A, is hereby approved and the city manager is hereby authorized to execute the Purchase and
Sale Agreement in substantial form as attached hereto and to make such corrections and execute
related documents as may be necessary to fulfill the intent of this resolution on behalf ofthe City of
Seward. Sale of the Property is expressly conditioned upon replatting and other conditions stated in
the Purchase and Sale Agreement.
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CITY OF SEWARD, ALASKA
RESOLUTION 2005-68
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Section 4. This resolution shall take effect thirty (30) days after passage and posting.
PASSED AND APPROVED by the City Council ofthe City of Seward, Alaska this 8th day
of August, 2005.
THE CITY OF SEWARD, ALASKA
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Vanta Shafer, Mayor !
AYES:
NOES:
ABSENT:
ABSTAIN:
Branson, Dunham, Valdatta, Amberg, Clark, Lorenz, Shafer
None
None
None
ATTEST:
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J e Lewis, eM
Ci Clerk
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Council Agenda Statement
Meeting Date: August 8, 2005
Through: Clark Corbridge, City Manager
From: Scott Ransom, Harbormaster
Agenda Item: Authorizing the City Manager to enter into a
Purchase and Sale Agreement with Bruce
Sieminski for a portion of a lot in SMIC.
BACKGROUND & JUSTIFICATION:
Bruce C. Sieminski submitted a request to purchase from the City the real property described as a
portion of Lot 2, Block 3, Fourth of July Creek Subdivision, Seward Recording District, State of
Alaska (the "Property"). The City recently had the Property appraised as part of its city-wide
appraisal process conducted every five (5) years. The result of the appraisal shows a market value for
the Property, which is located in SMIC, of Forty Thousand Dollars ($40,000.00).
Sale of the Property by the City will result in placing the Property in private hands and on the tax rolls
of the City and the Kenai Peninsula Borough. No sale would occur until the buyer completes a replat
of the Property as required by borough ordinances.
Bruce C. Sieminski is willing to replat the Property, pay fair market value and purchase the Property
according to the terms of the Purchase and Sale Agreement presented at this meeting.
CONSISTENCY CHECKLIST: Yes No
1. Comprehensive Plan X __
2. Strategic Plan __ __
3. Other: __ __
FISCAL NOTE:
Sale of the property will result in payment of Forty Thousand Dollars ($40,000.00) to the City
and make the property subject to annual property taxes.
Approved by Finance Department
RECOMMENDATION:
Council approves Resolution 2005-X authorizing the city manager to enter into a Purchase and Forty
Thousand Dollar ($40,000.00) Sale Agreement with Bruce Sieminski for a portion of Lot 2, Block 3,
and Fourth of July Creek Subdivision.