1968-22 Purchase of Lands for I Street PlaygroundAN ORDINANCE OF THE KODIAK ISLAND BOROUGH, KODIAK, ALASKA, AUTHORIZING
THE PURCHASE OF CERMIN LANDS FOR THE EXPANSION OF THE I Sivr..L2 PLAYGROUND
follows:
KODIAK ISLAND BOROUGH
ORDINANCE NUMBER 68 -22 -0
BE IT ORDAINED by the Borough Assembly of the Kodiak Island Borough as
Section One: Pursuant to Section 07.20.080 (9) Alaska Statutes, the
purchase of Lots Fourteen (14), Fifteen (15), Sixteen (16), and Seventeen (17),
Block Forty -two (42) of the East Addition to the Townsite of Kodiak from DENNIS I
CESSNA and GJYNE'TH (S.SNA, husband and wife, for the sum of FIFTEEN THOUSAND SIX
HUNDRED and No /100ths ($15,600.00) DOLLARS is hereby proved which purchasmr price
shall be paid as follows: EIGHT THOUSAND and No /100ths ($8,000.00) DCQ,t
first and down payment and the balance of SEVEN THOUSAND SIX HUNDRED and No /100ths
, together with interest thereon at the rate of six per cent
(6 %) per annum to be paid in one (1) installment of SEVEN THOUSAND SIX HUNDRED an
No /100ths ($7,600.00) DOLLARS plus the full amount of interest due at the time of
such annual installment with the installment to be paid on or before the 1st day
of September, 1969.
Section Two: The purchase of Lots Nine (9), Ten (10), Eleven (11),
Twelve (12), Thirteen (13) of Block Forty -taro (42) East Addition to the Townsite
of
of
•; •
age One, ORDINANCE NUMBER 68 -22 -0
. PRATT and BERTHA T. PRATT, husband and wife, for the sum
FIVE HUNDRED and No /100ths ($17,500.00) DOLLARS is hereby
approved with the terns of such purchase to be as follows: The sum of FIVE THOU-
SAND NINE HUNDRED and No /100ths ($5,900.00) DOLLARS to
be paid as a first and down payment and the balance of ELEVEN THOU-
SAND SIX HUNDRED and No /100ths ($11,600.00) DOLLARS together with
interest thereon at the rate of six per cent (6%) per annum shall
be paid in two annual installments of FIVE THOUSAND EIGHT HUNDRED
and No /100ths ($5,800.00) DOLLARS each together with the full amoun
of interest due at the time of each such installment, the first
such annual installment to be paid on or before the 1st day of
September, 1969, and a like annual installment on the 1st day of
September, 1970.
Section Three: This Ordinance shall be in full force and
effect, from and after its passage and approval as required by law.
First Reading and Approval Date: October 3, 1968
TTEST:
GL/
SIDIN 0 ICER
age Two, ORDINANCE NUMBER 68 -22 -0
KODIAK ISLAND BOROUGH
L - /
BY:
CHAIRMAN