PLANNING & PROPERTY MANAGEMENT

CITY OF HOMER

HOMER, ALASKA

RESOLUTION 99 -67

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HOMER, ALASKA AUTHORIZING THE SALE OF LOT 3, BLOCK 3, HOMER ENTERPRISES, INC. SUBDIVISION AND SETTING FORTH THE TERMS AND CONDITIONS OF THE SALE.

WHEREAS, Lot 3, Block 3, Homer Enterprises, Inc. Subdivision was designated for resale via Ordinance 96-04, on March 11, 1996; and

WHEREAS, the Homer City Council adopted the City of Homer Land Allocation Plan via Resolution 97-91(A), which designated this parcel for resale/trade to the private sector; and,

WHEREAS, the subject parcel was offered for sale on July 11, 1996, via Resolution 96-41, with the appraised fair market value as the minimum bid and cash terms; and,

WHEREAS, the subject parcel was again offered for sale on September 26, 1996, via Resolution 96-67(A), with the appraised fair market value as the minimum bid, and with the City accepting either cash or terms for the property; and,

WHEREAS, the City did not receive any bids on the property; and,

WHEREAS, Homer City Code, Section 18.12.050 Negotiation, states that the Council may authorize the City Manager or his delegates to negotiate a sale of such property or interest therein and shall prescribe the terms thereof.

NOW, THEREFORE, BE IT RESOLVED by the city council of the City of Homer, Alaska that the City accepts the offer of Larry Tripp and, pursuant to Homer City Code Chapter 18.12, approves the sale of Lot 3, Block 3, Homer Enterprises, Inc. Subdivision to Larry Tripp on the terms and conditions set forth in the attached Real Estate Purchase and Sale Agreement.

CITY OF HOMER

JACK CUSHING, Mayor

ATTEST:

MARY L. CALHOUN, CITY CLERK