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Introduced by: Manager Gifford <br />Requested by: Finance Director <br />Drafted by: Finance Director <br />Introduced: 06/02/2005 <br />Public Hearing: 06 /16 /2005 <br />Adopted: 06/16/2005 <br />KODIAK ISLAND BOROUGH <br />ORDINANCE NO. FY2005 -12 <br />AN ORDINANCE OF THE KODIAK ISLAND BOROUGH <br />DETERMINING THE DISPOSITIONOF TAX FORECLOSED PROPERTIES <br />FROM 2001 AND PRIOR TAX YEARS <br />WHEREAS, the Kodiak Island Borough has acquired real properties as a result of the tax foreclosure <br />procedure from 2001 and prior tax years; and <br />WHEREAS, AS 29.45.460 Disposition and sale of foreclosed property states: <br />A. The municipality shall determine by ordinance whether foreclosed property deeded to the <br />municipality shall be retained for a public purpose. The ordinance must contain the legal description of <br />the property, the address or a general description of the property sufficient to provide the public with <br />notice of its location, and the name of the last record owner of the property as the name appears on <br />the assessment rolls. <br />B. Tax - foreclosed property conveyed to a municipality by tax foreclosure and not required for a public <br />purpose may be sold. Before the sale of tax - foreclosed property held for public purpose, the <br />municipality, by ordinance, shall determine that a public need does not exist; and <br />WHEREAS, the Kodiak Island Borough Planning and Zoning Commission has reviewed the list of <br />2001 and prior tax years for foreclosed properties as required by KIBC 18.10.030, has conducted a <br />public hearing on the disposition of the subject parcels, and has made a formal recommendation to the <br />Assembly on the parcel's disposition; and <br />WHEREAS, the Kodiak Island Borough Manager has review the Commissions action, as required by <br />KIBC 18.10.030; and <br />WHEREAS, the Kodiak Island Borough Manager has recommended that the tax - foreclosed parcels <br />below are declared not to be of "public need" and be offered at a future KIB land sale; <br />NOW, THEREFORE, BE IT ORDAINED BY THEASSEM BLY OF THE KODIAK ISLAND BOROUGH THAT: <br />Section 1: This ordinance is not of a general application and shall not be codified. <br />Section 2: <br />The following foreclosed parcels be declared not to be of "public need" and be offered <br />at a future KIB land sale: <br />Kodiak Island Borough, Alaska Ordinance No. FY2005 -12 <br />Page 1 of 2 <br />