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Sponsored by: Hunt <br /> CITY OF SEWARD, ALASKA <br /> RESOLUTION 2012 -001 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, <br /> ALASKA, APPROVING A LAND EXCHANGE A 0.56 ACRE +/- <br /> PORTION OF LOT 8A -1FOR AN 0.56 ACRE +/- PORTION OF LOT 6A -1, <br /> FORT RAYMOND SUBDIVISION REPLAT NO. 2, WITH THE KENAI <br /> PENINSULA BOROUGH AND APPROPRIATING FUNDS <br /> WHEREAS, the City of Seward has been granted funds by the state to upgrade the <br /> generation facility at Fort Raymond Substation; and <br /> WHEREAS, this project would result in improved pedestrian access between the <br /> Seward Elementary School and Seward High School; and <br /> WHEREAS, per city code the use of land will go to the planning and zoning <br /> commission; and <br /> WHEREAS, the project would be facilitated by redrawing common property <br /> boundaries of certain city and borough owned land; and <br /> WHEREAS, the exchanged lands are of approximately equal area and are found by the <br /> ,,. Kenai Peninsula Borough assessor to be of equal value; and <br /> WHEREAS, finding the lands to be of equal value, public interest is served by waiving <br /> the requirement of Seward City Code for an independent appraisal; and <br /> WHEREAS, the land exchange has been passed and approved by unanimous vote of <br /> the Kenai Peninsula Borough as Ordinance 2011 -42; and <br /> WHEREAS, Pursuant to SCC 7.05.120, "The City Council may acquire or dispose of <br /> an interest in real property by negotiation, public auction, or sealed bid." <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br /> CITY OF SEWARD, ALASKA that: <br /> Section 1. The recitals above are incorporated herein by reference. The Council finds <br /> that exchanging a 0.56 acre +/- portion of Lot 8A- l of parcel number 14502621 for an 0.56 acre <br /> +/- portion of Lot 6A -1, Fort Raymond Subdivision Replat No.2 with the Kenai Peninsula <br /> Borough is in the best interest of the City. <br /> Section 2. The City of Seward Electrical department will be responsible for all surveying <br /> and platting costs associated with the property involved in the exchange. <br />