Resolution 17-029 Purchase of Property in Kelly Ranch Estates/Bridge Creek Watershed

CITY OF HOMER
HOMER, ALASKA

City Manager

RESOLUTION 17-029

A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND PREPARE A PURCHASE OFFER FOR THE KENAI PENINSULA BOROUGH PARCEL NO. 17305408, LOT 8, BLOCK 1, KELLY RANCH ESTATES, AND DESIGNATING ITS USE FOR THE PURPOSE OF PROTECTING THE BRIDGE CREEK WATERSHED.

WHEREAS, The City Council recognizes that it is in the best interest of Homer residents to protect the City’s water source, the Bridge Creek Watershed; and

WHEREAS, Zoning restrictions in the Bridge Creek Watershed District limit private property owner’s ability to develop their property; and

WHEREAS, Pursuant to Homer City Code 18.06.010(a) Real Property Acquisitions, the City may acquire, own and hold real property within or outside the City boundaries by any lawful means or conveyance, and exercise all rights and powers in the acquisition, ownership and holding of real property as if the City were a private person; and

WHEREAS, A 2.86 acre parcel of land (Kenai Peninsula Borough Parcel No. 17305408, Lot 8, Block 1 Kelly Ranch Estates) fronts Bridge Creek and the property owner has stated interest in selling; and

WHEREAS, This parcel’s location in Homer’s Bridge Creek Watershed would enhance the long-term preservation the City’s water source, and

WHERAS, This parcel is considered a moderate value wetlands and classified as Discharge Slope which consists of shallow groundwater discharging to Bridge Creek, and

WHEREAS, This parcel has approximately 650 feet of frontage on Bridge Creek, and

WHEREAS, Currently, this parcel does not have constructed access or utilities, and

WHEREAS, The parcel is developable for a single-family residence as long as the septic system is a least 200 feet from Bridge Creek, and

WHEREAS, Funds from the water Reserve Account No. 256-0378 with a balance of approximately $2,500,000 can be made available for the purchase of the property.

NOW, THEREFORE, BE IT RESOLVED that the City Council of Homer, Alaska, hereby authorizes the City Manager to negotiate and prepare a purchase offer in the amount not to exceed fair market value of the above described property with the condition that the City Council must approve the purchase price by Ordinance.

PASSED AND ADOPTED by the Homer City Council this 28th day of March 2017.

                                                                                                          CITY OF HOMER

                                                                                                                ________________________

                                                                                                                BRYAN ZAK, MAYOR

ATTEST:
 

_________________________________________

JO JOHNSON, MMC, CITY

Fiscal Note: Not to exceed $20,000