Ordinance 17-24 Purchase of Lot 8 Block 1 Kelly Ranch Estates

CITY OF HOMER
HOMER, ALASKA

City Manager

ORDINANCE 17-24

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA AUTHORIZING THE CITY MANAGER TO PURCHASE KENAI PENINSULA BOROUGH PARCEL NO. 17305408, T 6S, R 13W, SECTION 9, SEWARD MERIDIAN, LOT 8, BLOCK 1, KELLY RANCH ESTATES IN THE AMOUNT OF $21,000.00 WITH FUNDS FROM THE LAND RESERVE ACCOUNT FOR THE PURPOSE OF PROTECTING THE BRIDGE CREEK WATERSHED.

WHEREAS, Resolution 17-029 authorized the City Manager to negotiate and prepare a purchase offer for the Kenai Peninsula Borough Parcel No. 17305408,  Lot 8, Block 1 Kelly Ranch Subdivision with the condition that the City Council  must approve the purchase price; and

WHEREAS, The City Manager negotiated and is prepared to purchase Lot 8, Block 1, Kelly Ranch Estates for $21,000.00; and

WHEREAS, Funds from the Land Reserve Account are available for the purchase of the property.

                NOW, THEREFORE, THE CITY OF HOMER ORDAINS:

Section 1.  The FY 2017 Operating Budget is hereby amended appropriating $21,000.00 from the Land Reserve Account for the purchase of Kenai Peninsula Borough Parcel No. 17305408, T 6S, R 13W, Section 9, Seward Meridian, Lot 8, Block 1 Kelly Ranch for the purpose of protecting the Bridge Creek Watershed.

Account No.                     Description                                                      Amount

256-0378                            Purchase Property in the                         $21,000.00

Bridge Creek Watershed                         

                Section 2.  This is a budget amendment ordinance, is not permanent in nature, and shall not be codified.

                ENACTED BY THE CITY COUNCIL OF HOMER, ALASKA on this            th day of            , 2017.

                                                                                                          CITY OF HOMER

                                                                                                                ________________________

                                                                                                                BRYAN ZAK, MAYOR

ATTEST:
 

_________________________________________

MELISSA JACOBSEN, MMC, CITY

YES:

NO:

ABSTAIN:

ABSENT:

First Reading:

Public Hearing:

Second Reading:

Effective Date: 

Reviewed and Approved as to form and content:

__________________________                                                     _________________________

Mary K. Koester, City Manager                                             Holly Wells, City Attorney

Date: _____________________                                                     Date: ____________________