Ordinance 17-35 Sale of Lot 47 Homer Spit Sub. Amended

CITY OF HOMER
HOMER, ALASKA

City Manager

ORDINANCE 17-35

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA, APPROVING THE SALE OF LOT 47 HOMER SPIT SUBDIVISION AMENDED, KPB PARCEL NO. 18103408 TO LAND’S END ACQUISITION CORPORATION FOR $30,000.00 CASH AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE APPROPRIATE DOCUMENTS.

WHEREAS, HCC 18.12.020 provides that real property that is no longer required for public purpose may be sold; and

WHEREAS, Lot 47 Homer Spit Subdivision is a 3,485 square feet, irregular shaped lot, with the City’s sewer main running through the middle of the lot, minimizing the ability to develop the lot; and 

WHEREAS, In 2013 the City of Homer granted Land’s End Acquisition Corporation the right to fill, landscape and construct a lawful freestanding sign on Lot 47; and

WHEREAS, On April 24, 2017 the Homer City Council passed Resolution 17-041 authorizing the City Manager to enter into negotiations with Land’s End Acquisition Corporation for the sale of Lot 47 Homer Spit Subdivision Amended; and

WHEREAS, The City contracted with Homer Real Estate who successfully negotiated a cash sale of $30,000 with Land’s End Acquisition Corporation, the contiguous property owner; and

WHEREAS, Resolution 17-041 stated that the final terms and conditions of the sale be approved by Ordinance.

NOW, THEREFORE, THE CITY OF HOMER ORDAINS:

Section 1. That the City Council of Homer, Alaska, approves the sale of Lot 47 Homer Spit Subdivision Amended, Section 1, Township 7 South, Range 13 West, Seward Meridian, KPB Parcel No. 18103408 to Land’s End Acquisition Corporation, the contiguous property owner for $30,000.00 cash and authorizes the City Manager to execute the final documents by Nov. 30, 2017.

Account No.                     Description                                                                      Amount

Land Reserves                Land Reserves – Surplus Properties                 $26,500 net proceeds

150-0392-4901

                Section 2. This Ordinance is not permanent in nature, and shall not be codified.

                ENACTED BY THE CITY COUNCIL OF HOMER, ALASKA this ______ day of _______, 2017.
 

                                                                                                           CITY OF HOMER

                                                                                                                ________________________

                                                                                                                BRYAN ZAK, MAYOR

ATTEST:
 

_________________________________

MELISSA JACOBSEN, MMC, CITY CLERK

YES:
NO:
ABSTAIN:
ABSENT:

First Reading:
Public Hearing:
Second Reading:
Effective Date: 

Reviewed and Approved as to form and content:

__________________________                                           _________________________

Katie Koester, City Manager                                      Holly Wells, City Attorney

Date: _______________                                                           Date: _______________