CITY OF HOMER

HOMER, ALASKA

City Manager

RESOLUTION 04-87

A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA, SUPERSEDING RESOLUTION 03-74(A) TO APPROVE A LEASE , RATHER THAN A DEED, WITH THE KENAI PENINSULA HOUSING INITIATIVE (KPHI) PROGRAM FOR A COMPLEX OF EIGHT SUPPORTED HOUSING UNITS FOR LOW INCOME DEVELOPMENTALLY CHALLENGED CLIENTS.

WHEREAS, Council adopted Resolution 04-74(A) on June 23, 2003, deeming a transaction with the KPHI Program advantageous to the City of Homer for the promotion of a healthy community; and

WHEREAS, Administration finds that it is in the best interest of the City of Homer and the KPHI for the City to retain ownership of TO6S R13W S16 HM0003017 Mattox Subdivision Lot 19, Kenai Peninsula Borough parcel no. 179-061-0200 and to lease said property to KPHI; and

WHEREAS, Administration recommends a twenty year lease, with one - five year extension at $1.00 per year; and

WHEREAS, KPHI will pay the City PILA (payment in lieu of taxes).

NOW, THEREFORE, BE IT RESOLVED, by the Homer City Council that Resolution 03-74(A) is hereby superseded by Resolution 04-87, approving a lease, rather than a deed, with the KPHI Program for a complex of eight supported housing units for low income developmentally challenged clients on Lot 19 of the Mattox Subdivision, Kenai Peninsula Borough parcel no. 179-061-0200.

PASSED AND APPROVED by the Homer City Council this 11th day of October, 2004.

CITY OF HOMER

______________________________ ATTEST: JOHN FENSKE, MAYOR PRO TEMPORE

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MARY L. CALHOUN, CMC, CITY CLERK

Fiscal Note: NA.