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HomeMy WebLinkAboutRes2021-102 CITY OF SEWARD,ALASKA Sponsored by: Bower RESOLUTION 2021-102 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA,AUTHORIZING THE CITY MANAGER TO ENTER INTO AND EXECUTE THE PURCHASE AND SALE AGREEMENT AND RELATED DOCUMENTS WITH CHUGACHMIUT FOR THE SALE OF A 3.31 ACRE PORTION OF LOT 7A FORT RAYMOND SUBDIVISION REPLAT NO 1, PHYSICAL ADDRESS 2101 DIMOND BLVD, 2109 DIMOND BLVD, IN THE AMOUNT OF$663,500 WHEREAS,on January 25,2021,the City Council discussed a request from Chugachmiut to buy 3.31 acres of city land located at Fort Raymond Sub Replat No 1 Lot 7A physical addresses: 2101 Dimond Blvd,2109 Dimond Blvd; and WHEREAS, on February 11, 2021 the Planning and Zoning Commission held a work session to discuss possible land sale/uses, both public and private, of municipal lands, including but not limited to,the Ft. Raymond Subdivision; and WHEREAS, on March 2, 2021, the Planning and Zoning Commission met during their regularly scheduled meeting and determined that the City should appraise and sell Lot 7A; and WHEREAS, on April 12, 2021, the City Council approved Resolution 2021-038, authorizing the City Manager to negotiate with Chugachmiut the sale terms of 3.31 acres of City land located at Fort Raymond Replat No 1 Lot 7A; and WHEREAS,Chugachmiut is a 501 c3 tribal organization formed in 1975 to provide health and social services to the Alaska Native/American Indian (AN/AI) population in the Chugach region; and WHEREAS,Chugachmiut has partnered with the US Government under the Indian Health Service Joint Venture Construction Program to build a 15,000 square foot hub clinic in Seward; and WHEREAS, Chugachmiut through an agreement with the US Department of Veteran's Affairs,provides services to veterans living in Seward and the surrounding area; and WHEREAS,in 1987, Chugachmiut established the North Star Health Clinic in Seward to provide basic primary care and to function as a regional hub for the four village clinics staffed by Community Health Aides; and WHEREAS,Chugachmiut received support to build a new clinic in Seward from Alaska Mental Health Trust Authority, Qutekcak Native Tribe, SeaView Community Services, State Senator Gary Stevens, Congressmen Don Young, United States Senators Dan Sullivan and Lisa CITY OF SEWARD, ALASKA RESOLUTION 2021-102 Murkowski; and WHEREAS, the City Council has repeatedly determined that economic development of the City of Seward is in the public interest; and WHEREAS,Chugachmiut's new clinic will add approximately 24 new jobs and will boost the local economy by greater consumer spending and expenses associated with the operation of a facility almost three times the size of the leased space they currently occupy; and WHEREAS, the City of Seward recognizes the new positions will bring professional personnel and their families to boost rental and/or the sale of homes in Seward; and WHEREAS,the City of Seward currently owns property, legally described as: a 3.31-acre portion of Lot 7A Fort Raymond Subdivision Replat No 1 with the Physical Addresses of: 2101 Dimond Blvd and 2109 Dimond Blvd; ("the Property"); and WHEREAS, Chugachmiut will survey and replat the 3.31 acres at its own expense in accordance with provisions of the Kenai Peninsula Borough code; and WHEREAS, Chugachmiut has paid the City of Seward earnest money, in the amount ofII $10,000 for the purchase of the Property; and WHEREAS, Seward City Code 7.05.120 states City Council may acquire or dispose of an interest in real property by negotiation, public auction, or sealed bid; and WHEREAS, the Property was recently appraised twice by licensed appraisers independently retained by the City of Seward and Chugachmiut; and WHEREAS,one appraisal valued the Property at$755,000 as of July 8,2021, and another appraisal valued the Property at $577,000 as of June 16, 2021; and WHEREAS,the midpoint of these two appraisals is $663,500; and WHEREAS, this midpoint is accepted as fair market value of the Property. NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA that: Section 1. The City Council finds it is in the public's interest to enter into a purchase and sale agreement with Chugachmiut by sole source negotiation pursuant Seward City Code 7.05.120, Resolution 2021-038, and the essential terms and conditions in the attached Purchase and Sale 3 Agreement. CITY OF SEWARD, ALASKA RESOLUTION 2021-102 Section 2. The attached Purchase and Sale Agreement, marked 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 of the City of Seward. Section 3. This resolution shall take effect immediately upon adoption. PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 13th day of September, 2021. TH TY F SE ARD, ALASKA 411:1111 Christy Terry, yor AYES: Seese, DeMoss, Osenga, Baclaan, McClure, Terry NOES: Casagranda 41, ABSENT: None ABSTAIN: None ATTEST: Brenda J. Ball u, MMC City Clerk (City Seap,t OF SE '. -+- ° • SEAL F 6. • �.-- �! 4. •4 'ti, OF .....•''s i i Agenda Statement Meeting Date: September 13, 2021 • To: City Council _ Through: Janette Bower, City Manager From: Jackie Wilde, Community Development Director Agenda Item: Resolution 2021-102: Authorizing the City Manager to Enter into and Execute the Purchase and Sale Agreement and Related Documents with Chugachmiut for the Sale of a 3.31 Acre Portion of Lot 7A Fort Raymond Subdivision Replat No 1, Physical Address 2101 Dimond Blvd, 2109 Dimond Blvd, in the Amount of$663,500 Background and Justification: On January 25, 2021,the City Council discussed a request from Chugachmiut to buy 3.31 acres of City land located at Fort Raymond Sub Replat No 1 Lot 7A.Legally described as: T 1N R 1 W SEC 34 SEWARD MERIDIAN SW 0870012 FORT RAYMOND Sub Replat No I Lot 7A with the Physical Addresses of: 2101 Dimond Blvd, 2109 Dimond Blvd. Chugachmiut is a 501 c3 tribal organization formed in 1975 to provide health and social services to the Alaska Native/American Indian (AN/AI)population in the Chugach region. Chugachmiut has partnered with the U.S. Government under the Indian Health Service Joint Venture Construction Program to build a 15,000 square foot hub clinic in Seward. Chugachmiut through an agreement with the U.S.Department of Veteran's Affairs,provides services to veterans living in Seward and the surrounding area Chugachmiut's new clinic will add approximately 24 new jobs and will boost the local economy by greater consumer spending and expenses associated with the operation of a facility almost three times the size of the leased space they currently occupy. On April 12,2021,the City Council approved Resolution 2021-038,authorizing the City Manager to negotiate with Chugachmiut the sale terms of 3.31 acres of City land that is a portion of Fort Raymond Replat No 1 Lot 7A. Seward City Code 7.05.120 (a) states the City shall not sell any real property interest without first making an appraisal of the fair market value of that interest, unless the City Council finds that the public interest will not be served by an appraisal. Two appraisals of a Lot 7A were completed. One appraisal valued a 3.31-acre portion of Lot 7A at $750,000. Another appraisal valued the same parcel at$577,000.Resolution 2021-XX accepts$663,500 as the midpoint and as fair market value. Following negotiations, Chugachmiut agreed (see the signed Purchase and Sale Agreement) to purchase the property for $663,500. Chugachmiut will survey and replat the 3.31 acres at its own expense in accordance with provisions of the Kenai Peninsula Borough code. Chugachmiut has paid the City of Seward earnest money, in the amount of$10,000 for the purchase of the Property. Resolution 2021-XX approves the Purchase and Sale Agreement and authorizes the City Manager to execute the Purchase and Sale Agreement in substantial form and to make corrections and execute related documents as may be necessary to fulfill the intent of the resolution on behalf of the City of Seward. Consistency Checklist: Comprehensive Plan: 3.1.1 Attract new business and industry to the greater Seward area 3.2.1 Promote residential and commercial development within the city of Seward and its vicinity in accordance with community values. Economic Base: We are a community that promotes. economic diversity; encourages growth of year-round businesses, desires environmentally-responsible industry, and seeks jobs that promote a higher standard of living. Growth Manygement and Land Use Planning We have an attractive community in which to live, work, be educated and recreate, where growth is orderly and driven by community consensus. Growth and land use planning are coordinated through the collaboration ofprivate and public entities. We promote and facilitate balanced development. Economic Base: We are a community that promotes economic diversity, encourages growth of year- round businesses, desires environmentally-responsible industry, and seeks jobs that promote a higher standard of living Other: 2014 Municipal Lands inventory and management plan Fiscal note:No cost is associated with this resolution. An appropriating resolution will be brought before the council at a later date. Finance Department approval: C_ Attorney Review: Yes x❑ No ❑ Not applicable ❑ Recommendation: Adopt Resolution 2021-102. PURCHASE AND SALE AGREEMENT This Purchase and Sale Agreement ("Agreement") is made as of ,.T'',plw,- /3, 2021 between Chugachmiut ("Buyer"), and the City of Seward ("City"), organized as a first-class home-rule municipality under the laws of the State of Alaska. Purchaser and City agree as follows: 1. Purchase and Sale: Subject to the terms and conditions of this Agreement, the City agrees to sell and Purchaser agrees to purchase good and marketable fee simple title to the real property described as follows (the "Property"): 3.31-acres located at T 1N R 1W Sec 34 Seward Meridian SW 0870012 Fort Raymond Sub Replat No 1 Lot 7A with the Physical Address of: 2101 Dimond Blvd, in Seward, Alaska. The final legal description is subject to plat approval by the parties and responsible agencies and subject only to the"Permitted Exceptions"as defined in Section 5 below. The Property will be legally described as set forth in the final plat approved by The City and Purchaser, and properly recorded in the appropriate recording district prior to Closing. 2. Purchase Price and Payment Terms: The purchase price for the Property shall be Six Hundred Sixty-Three Thousand Five Hundred ($663,500.00)dollars, which is fair market value determined by appraisal. Purchaser will pay a deposit of Ten Thousand dollars ($10,000.00) (the "Earnest Money" or "Deposit") to the Escrow Agent described in Section 4 with Purchaser's delivery of this signed Agreement to the City. After all other terms and conditions of this Agreement have been satisfied, including completion of all contingencies in Section 8 to Purchaser's sole satisfaction,the balance of the purchase price shall be due to the City at Closing. Under the municipal charter and code of ordinances of Seller,the City resolution required to approve this Agreement will be effective 30 days following adoption of such resolution, except as provided in Section 3. a. In addition to payment of the purchase price, Purchaser shall pay the costs and fees associated with subdividing and platting the Property from the larger parcel of which it is currently a part,including but not limited to survey expense,filing and application fees, certificate to plat costs, title insurance and recording fees; provided, that Purchaser shall only be responsible for paying fees and/or charges for services and other items that are actually ordered directly or approved in advance by Purchaser. Should the sale fail to close for any reason,the City will not reimburse Purchase for costs related to the platting process,except as provided in Section 3. 3. Referendum: Under the charter and code of Seller, the resolution approving this Agreement may be subject to a referendum and the City Council's sale approval may be voided.Nothing in this Agreement shall affect Chugachmiut Purchase and Sale Agreement Page 1 of 8 `j or reduce the rights of the voters of the City of Seward to reject the City Council's approval of this Agreement by referendum. In the event a referendum petition is timely filed and accepted, Seller shall provide written notice of acceptance to Purchaser at the time the petition is accepted. Purchaser agrees that it shall have no rights under this Agreement unless and until a resolution is approved by the voters of the City of Seward. Based on the burden and delay inherent in a Referendum,Purchaser shall have the option of canceling this Agreement by providing written notice to the City no later than thirty(30) days after the Referendum petition is approved, with the City returning Purchaser's Earnest Money and prompt reimbursement by Seller of all of Purchaser's reasonable, third-party costs actually incurred by Purchaser in connection with the subdivision and replat, if a referendum petition is approved. Purchaser shall not be entitled to any damages or other relief against the Seller in the event the voters void the Council's resolution. If the resolution approving this Agreement is voided by such referendum action,this Agreement shall terminate,the Deposit shall be promptly returned to Purchaser, and platting costs returned, within 10 days of the formal certification of the referendum vote, and neither party shall have any further obligation hereunder. 4. Closing: The parties shall cause an escrow(the"Escrow")to be established with First American Title Company of Alaska - Seward Office ("Escrow Agent"). Consummation of the sale (the "Closing") shall take place through the Escrow at the offices of the Escrow Agent, or such other place as the City and Purchaser agree upon in writing. The City and Purchaser shall be given One Hundred Eighty (180) days from the effective date of the resolution approving this Agreement to complete the subdivision and platting process required to close this transaction. The parties shall agree in writing on the specific date of Closing. In the event this transaction is not closed within One Hundred Eighty (180) days of the effective date of the resolution approving this transaction, this Agreement shall terminate unless extended. Purchaser shall have one extension as a matter of right,for 60 days,by issuing written notice to the City. Any other extension must be agreed to in writing by both parties. Notwithstanding the foregoing, if this transaction will close, then the City and Purchaser shall cause the following to occur at the Closing: A Quitclaim Deed conveying the Property(including after acquired title)to Purchaser, duly executed and acknowledged by the City, shall be recorded in the Records of the Seward Recording District, Third Judicial District, State of Alaska. a. Purchaser shall pay to the City the price set forth in Section 2 of this Agreement. b. The title company shall issue to Purchaser the title insurance policy described in Section 7 of this Agreement. 5. Title: The City will deliver to Purchaser,at Purchaser's expense,within ten(10)days of mutual execution of this Agreement a commitment for title insurance (the "Preliminary Commitment")preliminary to the issuance of the title policy referred to in Section 7 of this Agreement, together with copies of all underlying exceptions described in the Preliminary Commitment. The Property is to be sold and conveyed subject to: (a)the condition that title to the Property is vested solely in the City and in the Chugac•hnriut Purchase and Sale Agreement Page 2 of 8 City's name prior to closing, and (b) reservations, restrictions and easements as disclosed in the Preliminary Commitment and approved by Purchaser. Purchaser shall be entitled to object to any exceptions stated in the Preliminary Commitment by delivering written notice to the City and Escrow Agent on or before fifteen (15) days after the receipt of the Preliminary Commitment, supplemented with the copies of the underlying exceptions described therein, which notice shall specify the matters to which Purchaser objects. If Purchaser objects to any such matters, the City shall have fifteen (15) days after receiving written notice from Purchaser to attempt to eliminate the matters to which Purchaser has objected or to cause Escrow Agent to insure over said matters. The City shall notify Purchaser in writing,within the fifteen (15)day period, if the City is unable or unwilling to eliminate said matters or cause Escrow Agent to insure over said matters. Purchaser may then elect, by written notice to the City and Escrow Agent,either to waive the objectionable matters and proceed to Closing or to terminate this Agreement and receive a refund of the Deposit,and the parties shall have no further obligations to each other under this Agreement. The parties agree that,promptly after the recordation of the plat for the Property,the Escrow Agent shall update the Preliminary Commitment to reflect the Property as the Property to be insured under the title policy. With respect to such update, and with respect to any other amendments or updates to the Preliminary Commitment that occur prior to Closing, if there are any exceptions or matters not previously disclosed to which Purchaser objects, Purchaser may then elect to object to said matters as provided above; to terminate the Agreement and receive a refund of the Deposit;or waive the objectionable matters and proceed to Closing.Purchaser shall have the right to extend closing to address new or amended exceptions. Permitted Exceptions: Notwithstanding the immediately preceding paragraph, Purchaser may not object to any of the following title matters: reserved mineral rights; and rights reserved to federal patents.All items to which Purchaser does not object under the immediately preceding paragraph,plus all items described in this paragraph,are referred to herein as"Permitted Exceptions". 6. Deed: Title to the Property shall be conveyed to Purchaser by a Quitclaim Deed(the"Deed")duly executed by the City and recorded at the Closing. The Deed shall be in the form and content acceptable to the City and Purchaser. 7. Delivery of Title Policy. At Closing, or as soon as practical thereafter, the City shall cause to be delivered to Purchaser the owner's title insurance policy required by this Agreement, which policy shall insure Purchaser's fee simple interest in the Property in the amount of the Purchase price, and which shall contain no exceptions other than the general exclusions and exceptions common to the form of policy issued,and the Permitted Exceptions. 8. Closing Costs: All Closing costs of the transaction,unless otherwise provided in this Agreement, shall be divided as follows: Chugachmiut Purchase and Sale Agreement Page 3 of 8 The City shall pay the following Closing costs: a. Any outstanding or pending assessments or liens b. City's attorney fees and costs c. City's cost of appraisal(McSwain's fee) d. Real Property taxes will be prorated to date of closing and if applicable,paid through escrow Subject to Section 2 above, Purchaser shall pay the following Closing costs: a. All recording fees b. All document preparation fees c. All escrow closing fees d. Owner's standard coverage title insurance described herein(Required) e. Any ALTA title insurance policies desired by Purchaser(Optional) f. All Purchaser's attorney fees and costs g. Cost of Purchaser's appraisal,Commitment fees, points,and financing costs h. Real Property taxes if any, will be prorated to date of closing and, if applicable, paid through escrow Notwithstanding the above, if the escrow fails to close due to the default of one party. the defaulting party shall pay any escrow and title policy cancellation fees. Except for items in Section 11, from the date of mutual acceptance of this Agreement until Closing, Seller agrees to maintain the Property in its present condition. 9. Seller's Conditions Precedent: The parties acknowledge that the City's obligation to close on the purchase of the Property shall be subject to the following: a. Receipt of approval by Purchaser of Purchaser's inspection of the Property not revealing any basis upon which Purchaser timely terminates this Agreement as provided in paragraph 10 below b. Approval of this Agreement by the Seward City Council,and, if a timely referendum petition is filed,approval by voters in a referendum election c. No litigation or other claim which has any probability or reasonable likelihood of success,challenges or controverts the Purchaser's action to acquire the Property. d. Completion by Purchaser and the City of all items necessary to subdivide and plat the Property to be purchased. Purchaser to pay all amounts required by this Agreement Chugach,niut Purchase and Sale Agreement Page 4 of 8 10. Inspection: Purchaser, its agents and contractors, were provided with a Right of Entry on April 19, 2021 which gave Purchaser reasonable access to the Property to conduct such tests and inspections as Purchaser deems appropriate; provided, Purchaser gave the City reasonable notice of Purchaser's intention to access the Property. If Purchaser reasonably determines from the inspections or testing that any condition of the Property does not meet Purchaser's satisfaction, Purchaser shall have the right within thirty(30)days after the effective date of this Agreement to object to such matter by delivering written notice to the City specifying the matters to which Purchaser objects. To the extent that any objection is curable,the City shall have twenty(20)days after receipt of the written notice to cure the deficiency, at The City 's expense and to Purchaser's satisfaction, or negotiate an acceptable resolution with the Purchaser. Unless Purchaser has agreed to proceed as a result of the City's cure or other agreed-upon resolution, Purchaser may elect, by written notice to the City, to waive the objectionable matter and proceed to Closing, negotiate a different, written resolution with the City, or to terminate this Agreement. If this Agreement is terminated by Purchaser, the Deposit shall be returned to Purchaser and the parties shall have no further obligation to each other under this Agreement. 11. Property Condition: The parties acknowledge that the value and use of the Property will be determined in part through an environmental assessment and review process,to be undertaken at Purchaser's option and expense. If Purchaser, based on research, inspection, sampling, environmental testing or similar reliable data, determines that the Property is not acceptable to Purchaser due to contamination, spills, pollution, hazardous or toxic substances or waste,Purchaser shall have the option of terminating this Agreement prior to Closing. In that event, Seller agrees to return 100 percent of the Earnest Money to Purchaser, and the parties shall have no further obligation to each other under this Agreement. If the sale closes, Purchaser will be responsible for subsequent acts or omissions causing pollution, contamination, hazardous conditions, or hazardous substances after closing, but shall not assume liability of prior owners or users of the property. The City expressly makes no warranties as to the physical condition of the Property and all inspection obligations rest with the Purchaser. Except as provided above, Purchaser acknowledges that Purchaser has inspected the Property and accepts the same"as-is"and without reliance on any expressed or implied representations or warranties of the City or agents of the City, as to the actual physical condition or characteristics thereof of the Property. Provided, however, that nothing in this Section 11 waives Purchaser's rights or remedies under AS 46.03.822(1). Purchaser shall provide at its own cost,on-site sewer and water and fire protection. 12. Remedies: a. If Purchaser(a) fails,without legal excuse,to complete the purchase of the Property, or(b)otherwise defaults under this Agreement,the City shall be entitled to retain the $10,000.00 deposited by Purchaser with the Escrow Agent pursuant to Section 2.a Ch ugachmiut Purchase and Sale Agreement Page 5 of 8 above,and such retention by the City of this$10,000.00 Deposit shall be the sole and exclusive remedy available to the City for such failure or default by Purchaser; provided, however, Purchaser shall remain responsible to pay its portion of subdivision and platting costs owed to the City or third parties and Purchaser shall not be reimbursed by the City for any subdivision and platting costs already paid by Purchaser,unless specifically provided otherwise herein. The City otherwise waives all claims for damages from Purchaser. b. If the City fails, without legal excuse, to complete the sale of the Property, then the Deposit shall be returned to Purchaser, and City shall be responsible for reimbursing any subdivision and platting costs paid by Purchaser. The City's return of the $10,000.00 Deposit to Purchaser and reimbursement of any subdivision and platting costs paid by Purchaser,shall be the sole and exclusive remedy available to Purchaser for such failure or default by the City. 13. Costs and Fees: If either party institutes suit concerning this Agreement,the prevailing party(if any)as determined by the court shall be entitled to its reasonable attorneys'fees and costs. 14. Waiver: No delay in exercising any right or remedy shall constitute a waiver thereof,and no waiver by the City or Purchaser of a breach of any covenant of this Agreement shall be construed as a waiver of any preceding or succeeding breach of the same or any other covenant or condition of this Agreement. 15. Assignment: This Agreement is binding on the heirs, successors, and assigns of the parties, but shall not be voluntarily assigned by either party without prior written consent of the other party, which consent shall not be unreasonably withheld. 16. Commissions: Each party represents and warrants to the other that it has not engaged the services of any broker,finder or other person who would be entitled to any commission or fee in respect to the subject matter of this Agreement and each shall indemnify the other against any loss, cost, liability or expense incurred by the other as a result of any claim asserted by any such broker, finder or other person on the basis of any brokerage or similar arrangement or agreement made or alleged to have been made. 17. Notices: No notice,consent,approval or other communication provided for herein or given in connection with this Agreement shall be validly given, made, delivered or served unless it is in writing and delivered personally, sent by overnight courier or sent by registered or certified United States mail, postage prepaid,with return receipt requested to: Seller: City of Seward Janette Bower,City Manager P.O. Box 167 Chugachmiut Purchase and Sale Agreement Page 6 of 8 Seward,Alaska 99664 Purchaser: Chugachmiut Angela J. Vanderpool, Executive Director 1840 Bragaw Street, Suite 110 Anchorage,Alaska 99508 or to such other addresses as either party may from time to time designate in writing and deliver in a like manner to the other party. Notices, consent, approvals, and communications given by mail shall be deemed delivered upon the earlier of three days after deposit in the United States mail in the manner provided above or immediately upon delivery to the respective addresses set forth above, if delivered personally or sent by overnight courier. 18. Entire Agreement: This document and its attachments contain the entire Agreement between the parties. It may not be modified except in writing and signed by all parties. 19. Construction of Agreement: The captions of the paragraphs of this Agreement are for convenience only and shall not govern or influence the interpretation hereof. This Agreement is the result of negotiations between the parties and, accordingly, shall not be construed for or against either party regardless of which party drafted this Agreement or any portion thereof. 20. Surviving Covenants: The provisions of this Agreement shall survive the delivery of the Deed. 21. Time is of the Essence: Time is of the essence of this Agreement. 22. Exclusive Agreement: This Agreement shall constitute an exclusive arrangement between the parties. The City shall not market, sell,negotiate for the sale of,or convey the Property to any other person,provided that Purchaser has not delivered notice that it will not close due to an unsatisfied condition. 23. Controlling Law and Venue: This Agreement shall be governed by, construed under and enforced in accordance with the laws of the State of Alaska,and venue for actions between the parties arising out of or related to this Agreement shall be in the Alaska Superior Court,Third Judicial District, Anchorage, Alaska. 24. Further Assurances: Whenever requested to do so by the other party,the City or Purchaser promptly and expeditiously shall execute, acknowledge and deliver any and all such conveyances, assignments, confirmations, satisfactions, releases, instruments of further assurance, approvals, consents and any and all further instruments and documents as may be reasonably necessary,expedient,or proper in order to complete any and all conveyances,transfers,sales,and assignments herein provided,and to do any and all other Chugachmiut Purchase and Sale Agreement Page 7 of 8 reasonable acts and to execute, acknowledge and deliver any and all documents as so reasonably requested in order to carry out the intent and purpose of this Agreement, including but not limited to subdividing and platting the tract containing the Property and the parcel to be the Property. 25. Possession: Purchaser shall receive possession of the Property at the closing and recording of the Quitclaim deed. Executed this d cJ day of AlACA5j. , 2021 Buyer: O CHUGACHMIUT C-____ Angela J. Van rpool, Executive Director STATE OF ALASKA ) )ss: THIRD JUDICIAL DISTRICT) The foregoing instrument was acknowledged before me this OS of USV , 2021 by Angela J. Vanderpool, Executive Director of an Alaska nonprofit corporation, on behalf of Chugachmiut. (SeJ ....- - - - - - - - ' GEORGINA SUMSTAD JUDA 2/Lt+l_. 41( /1 Notary Public otary Pi lic in anSLtdrli..8 r Alaska {' State of Alaska My Commission Expires: OS 12—? /ZOZS ."..::ommission Expires May 27, 2025 Seller: .••y..,•OF SE*"",,., CITY OF SEWARD ' nitill /L41°4 ` • 00,14.P on,.4. 41...,0, Jan t Bower, City Manager i • = SEAL : •• �r�'' G i. -•-►— STATE OF ALASKA ) ; .0 : ,��ti.•'` ) ss: '•,�q),.'••...:.ti••••'ST.,ti• E OF ASP ,ob THIRD JUDICIAL DISTRICT) � .,,� ,,. .•. The foregoing instrument was acknowledged before me this this of ,e6-C- , 2021 by Janette Bower, City Manager of the City of Seward, an Alaska municipal corporation, on behalf of the City. (Sea JACKIE C.WILDE e_.- -OLU- , Notary Public Lt. State of Alaska My Commission Expires Aug 12, 2022 Jackie C. Vl ' de-Notary Public in and for Alaska My Commission Expires:August 12, 2022 Chugachmiut Purchase and Sale Agreement Page 8 of 8