FY1964-2 1964 Annual BudgetORDINANCE NO. 64 -2
;lCl� ORDINANCE OF THE KODIAK ISLAND BOROUGH, KODIAK,
ALASKA, PROVIDING FOR THE ASSESSMENT AND LEVY OF
TAXES UPON REAL PROPERTY WITHIN THE BOROUGH'S
CORPORATE LIMITS, TAX LIENS, LIABILITIES FOR TAXES,
COLLECTION OF TAXES, FORECLOSURE OF TAX LIENS, TAX
SALES AND REDEMPTIONS.
BE IT ORDAINED BY THE BOROUGH ASSEMBLY OF THE KODIAK ISLAND
BOROUGH AS FOLLOWS:
STATE LAW ADOPTED
KODIAK ISLAND BOROUGH
The laws of the State of Alaska relating to the assessment and levy
of taxes upon real property within the boundaries of first class
cities, tax liens, liabilities for taxes, collection of taxes,
foreclosure of tax liens, tax sales, redemption and all other
laws of the State of Alaska relating to the levy and collection of
taxes on real property or hereby expressly incorporated in this
article as if set forth in full herein.
— PROPERTY - SUBJECT TO - TAX - , , =OD - OF A SSESSIWEN
Property subject to tax. All real property within the Borough
not expressly exempted by State law, shall be subject to annual
taxation at its just and fair value based upon the actual value
of the property assessed.
Definitions.
Real property: Includes not only the land itself, whether laid
out in lots or otherwise, but also all buildings, structures,
improvements, fixture of whatsoever kind thereon, and all
possessory rights and privileges belonging to or in anywise
appvtaining thereto, and the word "tract" shall include all lands,
piecs.ar parcels of land which may be separately assessed
toge -lter with fixtures and improvements thereon.
Method of Assessment
All taxable property must be assessed at its just and fair value
and all assessments shall be equal and uniform and based upon the
actual value of the property assessed.
The Borough Assessor shall annually assess and list on a tax roll,
all real property in the name of the person shown as the last
record owner. If no owner or claimant to the property can be
discovered, the property shall be assessed to the unknown owner
or owners.
The assessor shall complete the listing for the annual assessment
roll of all real property within the corporate limits of the
Borough before July 1 of each year. The listing of all taxable
property may be made upon permanent separate ledger cards, which
will be the combined assessment roll and tax ledger. Real
,property shall bl assessed to the owner of record as shown on the
Page One, ORDINANCE NO. 64 -2
1
records of the Kodiak District Recorder;irovided, however, that
any other person having an interest in the property may be listed
on the assessment records with the owner. The person in whose
name anxproperty is listed as owner thereof, shall be conclusiv-'•r
presumed to be the legal owner of record for tax purposes. If
the owner of the land is unknown, such land may be assessed to
the unknown owner or unknown owners. No assessment shall be
invalidated by a mistake, ommission or error in the matter of
owner of real property assessed, if the property is correctly
described and it shall be the responsibility of the owners of the
property to keep the assessor properly informed as to their
current address and no assessment shall be invalidated if it be
shown that a notice that taxes are due and payable has been sent
to the last known address of the owner of record.
The assessor may list real property located in any subdivision by
lot and block or tract description, and unsubdivided property
according to the land office, section and township survey
description, or by giving the boundaries thereof, or by referenc
to the book and page of the records of the Kodiak District
Recorder where the description may be found, or by designation of
tax lot number referring to a public record kept by the assessor
of descriptions of real property, or in such other manner as to
cause the description to be capable of being made certain.
Initial Tetters, Abbreviation, fraeLions -an& exponents - - - - -- - - - - - 1
designate the township, range, section or part of a section, or
the number of any lot or block or part thereof, or any distance,
course, bearing or direction, may be employed in any such
description of real property.
The assessor personally, or by any designated assistant, shall
after identifying themselves, have the right to enter upon and
inspect the premises of any person at reasonable times for the
purpose of making an examination, evaluation or assessment of
real property. He shall have access to and may examine all
property records involved, and any person shall, upon request,
furnish to the assessor or his assistant, every facility and
assistance for the purpose of such examination, evaluation or
assessment.
Content of Assessment Roll: The assessor shall prepare an annual
assessment roll in duplicate upon which he shall enter the
following particulars:
1) The names and last known addresses of all persons
with property liable to assessment and taxation.
2) A description of all taxable property.
3) The assessed value, quantity, or amount of said
property, and
4) The arrears of taxes, if any, owing by any persons.
Notice, publication, correction of assessment roll:
A. The assessor shall give to every person named in
the assessment roll, a notice of assessment showing
the assessed value of his property. On the back of
each assessment, notice shall be printed a brief
Page Two, ORDINANCE NO. 64 -2
summary for the information for the tax payer, of the
a
,dates when the taxes are payable, delinquent and
dates when the Board
subject to interest and penalty, other
will sit for equalization purposes and any The
specified by
particulars sp the Borough Assembly. person to
assessment notice iven, anddshallebetsufhecently
shall be whom it is to be g First Class mail addressed
given if it is mailed by
c � mr to, or is deiivered at)hiss aaddresseasto the person known
kiv Assessor, he notice may lace where the
j at the Post Office nearest to the place h er notice
des property is situated. The date on
is mailed or delivered, shall bedeemed to be this
date on which the notice is given
Ordinance.
When valuation that the assessment
tee rolls e have e
S been
shall ca use a er of general
completed to be published in a newspaper at least o
circulation, published in the Borough, t n hat
each week for two (2) successive weeks, a noi If notice no
newspaper assessment rolls circulation c is published in the
newspasper the notice posted e.t
Borough, the assessor shall he .
t o f two (2) weeks
two (2) public places for a period ualization
The notice shall state when and where the eq
hearings s
The assessor may correct an error, or supply an
ommission in the assessment roll at any time before the
sitting of the Board of equalization. Every person
receiving a notice of assessment shall advise the
assessor of any error or ommission in the assessment of
his property.
APPEAL BY PERSON ASSESSED ears on the assess -'
A Per who may appeal to the Borough Assemblypas the Board of
ment roll, may app alleged error in the valuation,
equalization for relief from any
or omission or neglect of the assessor not adjuste
overcharge
,
to the tax payer's satisfaction.
If rt app
ears to the Board of Equalization that there are over -
antra roll, up
to or after the preparation of
es or errors or invalidities in the assessment roll, or in
any of the proceedings leading
the roll, and there is no appeal before the Board, or if the name,
erson is ordered by the Board to be entered on
of a fthe
assessment roll, by way
of the p addition or substitution purpose of assessment, the Board shall require the to
assessor
his agent, giving
mail notice of assessment to that person,
him at least thirty (30) days from the date of mailing within
which to appeal to the Board against the assessment.
Time for A sal and Service of Notice: grounds
A. Notice of appeal, in writing, specifying the g
for appeal, be filed with the Board, within
a ,
thh irty p (30) days after notice of assessment eal not
is
is s
to the person appealing. If notice ofappof appeal
given within thirty (30) days, the right
Page Three, ORDINANCE NO. 64-
C.
ceases as to any matter within the jurisdiction of the
Board, unless it is shown to the satisfaction of the
Board, that the tax payer was unable to appeal within
that time.
B. A copy of the notice of appeal shall be sent to the
assessor andlk filed shall inclzde a certificate
that a copy was mailed or delivered to him.
C. Upon receipt of a copy of the notice of appeal, the
assessor shall make a record of the appeal in such form
as the Borough Assembly may direct. The record shall
contain the information shown on the assessment roll in .
respect of the subject matter of the appeal, and the
assessor shall place the record before the Board as the
Board requires.
D. The Board shall require the assessor to mail, a notice
of the hearing of the appeal to the person by whom the
notice of appeal is given, and to every other person,
in respect of whom the appeal is taken, at their last
known address.
At the time of the hearing of the appeal, the Board
shall hear the appellant, the assessor, other parties
to the appeal and their witnesses and consider the
testimony and evidence and shall determine the matters
in question on the merits.
F. If a party to whom notice was mailed as provided herein'
fails to appear, the Board may proceed with the heating;
in his absence.
G. The burden of proof in all cases, is upon the party
appealing.
H. The Board shall from time to time, enter in the appeal
record, its decisions upon appeals before it, and
certify to them.
I. A person agrieved by an order of the Board of Equaliza-
tion may appeal to the Superior Court for review de
novo after he has exhausted his administrative remedy.
J. The Clerk of the Borough is ex- officio clerk of the
Board of Equalization. The clerk shall record in the
minutes of each meeting, all proceedings before the
Board, the names of persons protesting assessments, ands
all changes, revisions, corrections, and orders relatin
to claims or adjustments. Within three (3) days
following the final hearings of the Board, the Clerk
shall certify to the assessor corrections, revisions
and changes authorizes and approved by the Board.
K. The assessor shall enter the changes made by the Board
and certified to him by the Clerk, upon his records
and no assessed valuations may thereafter be changed.
Page Four, ORDINANCE NO. 64. -2
the assessor shall, at
equalization hearing, the ass complete she 1n ,
L. t After the ix the Boroug The o ls te a
the time h ex a d by
certify the annual assessment roll. January 1,
roll shall be based on values as
immediately preceding.
M. All taxes levied or collected shall be calculated,
levied and collected up assessed tle values assessor
in the assessment roll and certified byrth dal,
c rights of app
as correct, subject to the tax payer's
and to the corrections and amendments made in the rolls.
N. All duties imposed on the assessor with respect to
annual assessment roll and all provisions of this
Ordinance relating to assessment roll shall, so far as
applicable, apply to supplementary assessment rolls.
0. An assessment roll as completed and certified by the
assessor and a.s� corrected and amended by him in
conformity e , this Ordinance and the decisions of the
Board are, except as amended as a result of an appeal
to the Court as provided herein, valid and binding on
all persona, notwithstanding any defect, error,
omission or invalidity in tie assessment row or
proceedings pertaining to the assessment roll.
When the final assessment recordivaretcompleted
Borough
the
Assessor, , the assessor shall
Assembly, a statement of the totalassTheeassemblylon i
of all real property in the Boroug h
shall then fix the rate of tax levy and designate the
number of mills upon eachtdollar be valued or
p assessed
taxable real property Y
Borough purposes the Borough government, including education, and
assessment and ning, collection andshallalevy the tax accordingly;.
planning and zoning, lees shall be
The levies for school and mb tcthelagur gregate of them
separately made and fixe ercent (3%) of the assessed
value of the property not exceed three
assessed.
va
Taxes levied by the cities within the
shall the
Borough and collected by the Borough as provided
in full to the cities Alaska Statutes
s lected,
in Section 07.15.3
APPROPRIATION ORDINANCE
h Assembly shall enact an appropriation ordinance
appropriating funds for the expenses
Borough and liabilities of the
a _n following
Borough each year which shall be substantially
form:
A ro riation Ordinance the following sums of money, or as much thereof
That t
Section 1: be authorized by law, as may be needed or deem:
as may
Page Five, ORDINANCE NO. 64 -2
n
necessary to defray all expenses and liabilities of the
Borough, be and the same is hereby appropriated for
corporate purposes and objects of said Borough herein-
after specified for the fiscal year commencing on t
1st day of July, 19 ending on the 30th day of
June, 19_
A. From general corporate taxes and revenue
1) General Administration Department
For salary of Borough President
For salary of Borough Secretary
For Office Equipment
For Office expenses including
postage and stationery
For telephone service
For expenses of general and
special elections
For premiums of official bonds
and depository bonds
For auditing Borough Books of
Account
For Workmen's compensation and
Employers liability insurance
For Publishing Legal Notices
For Gas and Oil for vehicles
Dues to Alaska Municipal League
Page Six, ORDINANCE NO. 64 -2
Total
3) Assessment and collection of taxes
Total
$
appropriated for the foregoing expenses of the Depa
ment of General Administration from the tax for
general corporate purposes $
2) Legal Department
For retainer of Borough Attorney $ 2,400.00
For other legal services
Total $
Appropriated for the foregoing expenses of the Legal
Department from the tax for general corporate purposes.
4) Salary of Borough Assessor $
For travel and per diem of
Assessor
For miscellaneous supplies
including ledger sheets
For postage and mailing
For publishing Notices
$
Appropriated nom the tax for General Corporate
purposes for the foregoing expenses of assessment and
levy of taxes.
5) Education
teachers
principles
superintendent
maintenance and
personnel
For salary of
For salary of
For salary of
For salary of
janatorial
For lights
For garbage disposal
For telephone
For insurance
For maintenance and reapirs
For payment of interest and
principal due currently on
School Bond Issue of
For the purchase of books and
periodicals
For heating
6) For Planning and Zoning
Legal Publications
Miscellaneous expenses
Total
Appropriated for the foregoing expenses of Education
from the tax for Educational pruposes throughout the
Borough $
Total
$
Appropriated for the foregoing expenses of Planning
and Zoning from the tax for General Corporate purposes
$
Summary
Appropriated from sources other than taxation
Appropriated from the tax for general
Corporate purposes $
Appropriated from special taxes
Total $
Thereafter the Borough shall enact and ordinance known as
a tax levy ordinance substantially in the following form:
$
Tax Levy Ordinance
Section 1. A tax for the following sums of money, or as much
thereof as may be authorized by law, to defray all
expenses and liabilities of the Bonnugh be and the
same is hereby levied for the purposes as specified
against all taxable property in the Borough for the
fiscal year commencing on the lstday of July, 19_
Page Seven, ORDINANCE NO. 64 -2
and ending on the 30th day of June, 19
A. From general corporate taxes and revenue
1) General Administration Department
For salary of Borough President $
For salary of Borough Secretary
For Office Equipment
For Officd expenses including
postage and stationery
For telephone service
For expenses of general and
special elections
For premiums of offical bonds
and depository bonds
For auditing Borough Books of
Account
For Workmen's compensation and
Employers liability insurance
For Publishing Legal Notices
For Gas and Oil for vehicles
Dues to Alaska Aunicipa1 League_
Appropriated for the foregoing expenses of the
Department of General Administration from the tax for
general corporate purposes $
2) Legal Department
For retainer of Borough Attorney $ 2,400.00
For other legal services
A Total $
Appropriated for the foregoing expenses of the Legal
Department from the tax for general corporate
purposes $
3) Assessment and collection of taxes
4) Salary of Borough Assessor
For travel and per diem of
Assessor
For miscellaneous supplies
including ledger sheets
For postage and mailing
For publishing Notices
Total $
2 Total
$
Appropriated from the tax for general corporate
purposes for the foregoing expenses of assessment and
levy of taxes. $
Page Eight, ORDINANCE NO. 64 -2
5) Education
For salary of teachers
For salary of principals
For salary of superintendant
For salary of maintenance and
janatorial personnel
For lights
For garbage disposal
For telephone
For insurance
For maintenance and repairs
For payment of interest and
principal due currently
on School Bond Issue
For the purchase of books and
periodicals
Total $
Appropriated for the foregoing expenses of Education
from the tax for Educational purposes throughout the
Borough $
6) Planning and Zoning
Legal publications
Miscellaneous expenses
$
Total $
Appropriated for the foregoing expenses of Planning
and Zoning from the tax for General Corporate purposes
$
Summary
Appropriated from sources other than taxation $
Appropriated from the tax for general
Corporate purposes $
Appropriated from special taxes $
Section 2: This ordinance shall be in full force and effect
from and after its passage and approval as required
by law.
Passed and approved this _ day of , 19
When the Borough Assembly has levied the tax, the assessor shall
prepare and mail tax statements to the persons listed as the
owners on the tax rolls.
Page Nine, ORDINANCE NO. 64 -2
Total $
Borough Chairman
RATE$ PENALTY AND INTEREST
Yy
If the tax payer is required to pay the entire tax on
due date set by the Borough Assembly, a penalty not to
exceed ten percent (10 %) may be added to all delinquent'
taxes, and interest at the rate of eight percent ($ %) aii
year shall accrue upon all unpaid taxes, not including
penalty, from the due date until paid in full. If the
tax payer is given the right to pay the tax in two (2)
installments and the first half is not paid when due,
the entire tax becomes delinquent and penalty and
interest accrue as follows.
1) If the first half is paid when due, the second
half is payable on the due date fixed by the
Borough Assembly for the second half and if not
paid is delinquent after that date.
2) A penalty not to exceed eight percent ($ %) shall
be added to all taxes delinquent until the due
date fixed for payment of the second half, and
interest at the rate of eight percent ($ %) a year
shall be charged on the whole of the unpaid t- axcc,�
not including penalty, from the due date until
paid in full.
3) After the due date for the payment of the second
half, a total penalty of not more than ten percent
(10 %) may be added to all the delinquent taxes,
and interest at the rate of eight percent ($ %)
shall accrue upon all unpaid taxes, not including
penalty from due date until paid in full.
ENFORCEMENT OF TAX LIENS ON REAL PROPERTY
Action for collection of tax
A If the tax on real property is not paid when due, the
Borough Assembly may enforce a lien of the tax by the
sale of the property assessed after foreclosure in the
special proceedings provided for by Alaska Statutes,
by order of the Superior Court of the District where th4
property assessed is located.
B. If the tax on a lease hold interest in tax exempt
property is not paid when due, the Borough may enforce
the tax by a personal action against the delinquent
tax payer brought in the Magistrate or Superior Court,
in addition to other remedies available to enforce the
lien.
Preparation of the foreclosure list
When the Borough Assembly elects to proceed under the Alaska
Statutes to enforce the lien of taxes against real property, the
assessor shall within such time as the Borough Assembly directs
make up a roll in duplicate of all real property subject to ear:
forclosure. The rolls shall show the name of each person app
on the latest tax roll as the owner of tax delinquent property,
a description of each property as it appears on the latest ta:
roll, the year or years for which the taxes are delinquent ,
Page Ten, ORDINANCE NO. 64 -2
amount of delinquent taxes for each year and penalty and interest
thereon. accruing the day six (6) months after the day of delin-
quency of taxes of the latest year. The Clerk of the Borough
shall endorse on the roll, a certificate under his hand and the
corporate seal, that it is a true and correct roll of the
delinquent taxes of the Borough for the years shown. The roll
shall be known as the foreclosure list of the Borough for the
year in which it is made up, and the original of it shall be
filed with the Clerk of the Borough and remain open to inspection
by the public.
Publication of the Foreclosure List
After the completion of the foreclosure list, the assessor shall,
under the direction of the Borough Assembly, have published in the
official newspaper of the corporation, or in a newspaper of
general circulation in the Bornugh, designated by the Borough
Assembly, a notice under the hand of the Clerk of the Borough
setting forth that the foreclosure list of real property for the
year, naming it, is complete and open for public inspection at
the office of the Borough, and that on a day certain not less
than thirty (30) days after the publication, or posting, where
posting is authorized of the notice, the fordclosure list will be,
presented to the Superior Court for judgment and - order of same.
Notice of Foreclosure Proceeding
A. On the day designated in the notice provided herein,
a certified copy of the foreclosure list, together with
a petition for judgment, shall be presented to the
Superior Court. Notice of the foreclosure proceedings
shall be given by four (4.) weekly publications of the
foreclosure list in a newspaper of general circulation
in the Borough designated by the Borough Assembly.
The first publication shall be made on the day of the
filing of the list and petition. The price charged
by the newspaper shall be at the rate provided by law.
The publication of the foreclosure list is sufficient
service on each person interested in a property, and
it is not necessary to mail notice kto the owner or
other person interested in the property.
B. In the event there is no newspaper being published in
the Borough, the Borough Assembly may, instead of
publication in the newspaper, post the notice and
foreclosure list at the front door of the Post Office
and three (3) other conspicuous public places within
the Borough. The posting of the foreclosure list is
sufficient service on each person interested in a
property. However, if the notice is posted, the Borougi
Clerk shall within ten (10) days after the posting
mailed to each person to whom a tract is assessed, at
his last known address, a notice describing the proper-
ty and the amount due as stated on the foreclosure list.
C. All persons owning or claiming interest in property
included in the foreclosure list are charged with
notice of the proceedings and of all steps thereunder.
Page Eleven, ORDINANCE N0. 64 -2
Clearing delinquencies before Sale
A. If the tax collector receives delinquent tax payment
at least one (1) week before the filing of the fore-
closure list and petition, the tax collector shall
remove the property from both the list and the petition.
B. During the publication or posting of the foreclosure
list and up to the time of sale, a person may pay the
taxes together with the penalty in interest, and
proportionate share of the costs of publication and
foreclosure. The Borough Clerk shall make a notation
of the payment on both the original delinquent tax roll
and foreclosure list.
Notice of Foreclosure List to Lien Holder
A. A holder of a mortgage or other recorded lien on real
property may file with the Borough Clerk, a request
that notice of a foreclosure list which includes the
real property in which he has a lien, be given to him.
The request shall contain the name and address of the
person filing it, the description of -the property and
the name of the owner, and the date of expiration of
the lien. Notice need not be given after expiration of
the lien, unless a further request for notice is filed.'
If the lien holder furnishes a duplicate of his request'
for notice, the Clerk shall certify on it to the filing
and return it to the person making the request.
B. Whenever property described in the request for notic-
is included in a foreclosure list, the Clerk shall
written notice by registered mail to the lien holder.
At the time of mailing the notice, the Clerk shall note'
that fact in ink in the latest tax roll opposite the
description of the property. The notation in the tax I
roll is prima facie evidence that the notice was mailed.
Where the same lien holder has filed requests for
notices on two (2) or more properties, included in a
foreclosure list, one (1) notice may be mailed covering,
all the properties.
Page Twelve, ORDINANCE NO. 64 -2
Apportionment of Costs
The costs of publication of the foreclosure list and of the tax
foreclosure proceedings shall be taxed by the Clerk of the Court
and paid by the municipal corporation. However, the Clerk of the
Court shall apportion these cots to the tracts ordered sold, so
that each tract bears its proportionate share. These costs are
a charge against the tract to which apportion.
Foreclosure Proceedings, General
The Borough shall bring one (1) general proceeding to foreclose
the tax liens against each of the properties included in the
foreclosure list. The person whose name appears in the latest
tax roll as the owner of a property described shall be considerec
the owner of the property.
t 'l r1 { 7 1 ;'
On the day of the first publication, a certified copy of the
foreclosure list shall be presented to the Superior Court,
together with a petition praying for a judgment and decree fore-
closing the tax liens.
The foreclosure proceddings for the enforcement of tax liens on
real property shall comply with the provisions of Alaska laws
presently in force or as amended.
All real properties sold to the Borough under the provisions of
the Alaska Statutes shall be held by the Borough for one (1) year
from the date of judgment and decree of foreclosure, unless soone
redeemed. During the one -year period, a person having an interes
in the property at the date of the judgment and decree of fore-
closure, or any heir or devisee of such person or a person holdin
a lien of record on the property, or an independent school distri t
or public utility district having a lien on the property may
redeem the property by paying the amount applicable under the
judgment and decree with interest as provided by law, and the
costs charged against the property. Property redeemed is subject
to assessment for taxation during the period of redemption as
though it had continued in private ownership. A person holding
a mortgage or other lien of record, covering a part only of a
parcel of real property included in the judgment and decree of
foreclosure, may redeem that part by paying the proportionate
amount applicable under the judgment and decree.
Effect of Redemption and Procedure
The receipt of the redemption money by the Clerk operates to
release all claims of the Borough under the :judgment of foreclosu e
to the property redeemed. The Clerk, on receipt of the redemptio
money, shall immediately make the proper increase in the records
of his office showing that the property has been redeemed from
the sale to the Borough and he shall deliver to the person redeem
ing the property, a certificate of redemption. The certificate
shall contain a description of the property redeemed, the total
amount paid, and the date of entry of the judgment and decree of
foreclosure and sale. The certificate shall be signed by the
Clerk and shall be filed by the redemptioner with the Recorder,
who, on payment of the Recording fee, shall enter the certificate
in the proper records of his office. The Clerk of the Court shal
then file the certificate of redemption as part of the judgment
roll in the foreclosure proceedings.
Page Thirteen, ORDINANCE NO. 64 -2
Notice of Expiration of Redemption
Not more than forty -five (45) days nor less than thirty (30) days
before the expiration of the period of redemption, the Clerk shal
publish a general notice of the expiration of the period of
redemption. The notice shall contain the date of the judgment an
decree, the date of expiration of the period of redemption, and
a warning to the effect that all the properties order sold under
the judgment and decree, unless redeemed, will be deeded to the
Borough immediately on the expiration of the period of redemption
and that every right or interest of any person in the property
will be kforfeited forever to the Borough. The notice shall be
j
published in two (2) weekly issues of a designated newspaper of
genes& circulation in the Borough within the period of fifteen
(15) days specified in this section. The published notice may
a general notice and it is not necessary to include descripti
of the several properties or the names of the respective owners.
If no newspaper is published in the Borough, the notice shall be
posted in three (3) public places in the Borough for a period of
two (2) weeks.
Deed to Borough
Upon filing proof of publication of notice of expiration of
redemption, the properties not redeemed within the one (1) year
period shall be deeded to the Borough by the Clerk of the Court.
All rights of redemption terminate on the execution of the deed tot
the Borough. No return or confirmation of the sale or of the deed.
to the Borough is necessary.
Publication of this Ordinance shall be made by posting a copy
hereof on the Borough Assembly Bulletin Board, for a period of
ten (10) days following its passage and approval.
First Reading and Approval Date: February , 1964
Second Reading and Approval Date: March 1964.
Passed by the Kodiak Island Borough Assembly of Kodiak Island,
Alaska on the day of -A-pv-i1, 1964
Published March _, 1964.
Page Fourteen, ORDINANCE NO. 64 -2
' Charles A. Powell
Chairman
Eldon Lester
Presiding Officer