CITY OF HOMER

HOMER, ALASKA

Heimbuch

RESOLUTION 06-111

A RESOLUTION OF THE HOMER CITY COUNCIL RELATING TO "VIEW" AS AN EMERGING PRIVATE PROPERTY RIGHT.

WHEREAS, The residents of this area place a high value on the aesthetic appeal of Kachemak Bay view property; and

WHEREAS, Property with a good view along Kachemak Bay demonstrates its vastly superior value in the local Real Estate market; and

WHEREAS, The differences in monetary value between view and non-view property is recognized and quantified in both the borough assessor's office and through real estate appraisal; and

WHEREAS, The disruption of private property view stemming from activities on a neighboring parcel can generate significant adverse affects on property value; and

WHEREAS, Kachemak Bay View is a primary tool in the promotion of Homer as a place to live.

NOW, THEREFORE, BE IT RESOLVED, by the Homer City Council that the City of Homer will recognize maritime views and panoramic vistas as a private property right with significant financial value attached to it; and

BE IT FURTHER RESOLVED, That in promotion of development for the purpose of stabilizing the community we must not adversely impact the view value of properties without very compelling general public interest.

PASSED AND ADOPTED by the Homer City Council this 28th day of August, 2006

CITY OF HOMER

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ATTEST: JAMES C. HORNADAY, MAYOR

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MARY L. CALHOUN, CMC, CITY CLERK

Fiscal Note: NA.