Resolution 16-110 Adding Tract 2-A Waddell Park Subdivision 1985 Replat to Land Allocation Plan

Summary

A Resolution of the City Council of Homer, Alaska, Adding Tract 2-A Waddell Park Subdivision 1985 Replat to the City of Homer Land Allocation Plan as a Lot Available for Sale and Authorizing the City Manager to Proceed With a Request for Proposal. City Manager.

Ordinance/Resolution ID: 
16-110
Ordinance/Resolution Status: 
Failed
Introduction Date: 
10/24/2016
File Attachments: 

Related Meetings

Details

CITY OF HOMER

HOMER, ALASKA

                                                                                                                               City Manager

RESOLUTION 16-110

 

A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA, ADDING TRACT 2-A WADDELL PARK SUBDIVISION 1985 REPLAT TO THE CITY OF HOMER LAND ALLOCATION PLAN AS A LOT AVAILABLE FOR SALE AND AUTHORIZING THE CITY MANAGER TO PROCEED WITH A REQUEST FOR PROPOSAL.

 

WHEREAS, Ordinance 14-42(S) accepted a State of Alaska Legislative Grant for $1,430,000 for Waddell Way Road Improvements; and

 

WHEREAS, The grant application indicated that a 25% match from the Homer Accelerated Roads and Trail Program Fund would be provided to facilitate the completion of the road project; and

               WHEREAS, The project required the purchase of Tract 2-A Waddell Park Subdivision 1985 Replat, referred to herein as the Waddell property for $855,000; and

WHEREAS, Ordinance 15-30 directed the funds generated from the sale of the remaining parcel that was not used for the road back into the grant project account and the HART Fund in a 75/25 split.

WHEREAS, Before it is listed for sale, the parcel will be appraised to establish a competitive market value; and

 

WHEREAS, It is in the best interest of the City to engage the contract real estate agent to handle the advertising and sale of the Waddell property in an expeditious manner.

 

NOW, THEREFORE, BE IT RESOLVED that the City Council of Homer, Alaska, adds Tract 2-A Waddell Park Subdivision 1985 Replat to the Land Allocation Plan and authorizes  the City Manager to proceed with a Request for Proposal through the City’s contract real estate agent.

 

BE IT FURTHER RESOLVED that proceeds of the sale will be split 75% to the HART fund and 25% to reimburse the project fund.

              

               PASSED AND ADOPTED by the Homer City Council this 24th day of October, 2016.

 

CITY OF HOMER

 

 

                                                                                                         ____________________________

                                                                                                         BRYAN ZAK, MAYOR

 

ATTEST:

 

 

                                                                          

JO JOHNSON, MMC, CITY CLERK

 

Fiscal Note:  Proceeds from sale of parcel unknown at this time.