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FY2007-02 - Foreclosed PropertyAN ORDINANCE OF THE KODIAK ISLAND BOROUGH DETERMINING THE SALE AT FAIR MARKET VALUE OF A TAX FORECLOSED PROPERTY TO FEDERAL GOVERNMENT WHEREAS, certain real property has been deeded to the Borough through tax foreclosure proceedings pursuant to AS 29.45.290 for delinquent payment of taxes for 2001 and previous years; and WHEREAS, the United States Fish and Wildlife Service (USFWS) has expressed an interest in purchasing parcel T3OS R28W TL 1804 Zachar Bay at fair market value from the borough and the assembly removed it from the land sale held on October 22, 2005 per resolution FY2006 -06A; and WHEREAS, KIBC 18.20.100 (B) Disposal for fair market value allows the assembly and its agents to directly negotiate with the United States, the state of Alaska, or any political subdivision thereof upon a finding by the assembly that the disposal will allow the use of the land for a public purpose beneficial to the borough; and WHEREAS, the property was once part of the Kodiak National Wildlife Refuge (KNWR) and the reacquisition by USFWS will promote efficient management for public recreation and refuge for wildlife is consistent with the goals and objectives of the comprehensive plan; and WHEREAS, the assessor has reviewed all pertinent information submitted to the Manager from USFWS and has determined the offer of $20,000 is at fair market value and his findings and supporting documents are available in the clerk's office for review; NOW, THEREFORE, BE IT ORDAINED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THAT: Section 1: This ordinance is not of a general application and shall not be codified. Section 2: The assembly is approving and directing the manager to complete the sale of former Refuge property to USFWS for fair market value as stated in attached offer letter. The proceeds of any sale shall be distributed in the same manner as the proceeds of a tax sale under AS 29.45.480 (B). ATTEST: Nova M. Javier, Borou r h Clerk Kodiak Island Borough, Alaska KODIAK ISLAND BOROUGH ORDINANCE NO. FY2007 -02 Introduced by Manager Gifford Requested by: Finance Department Drafted by: Finance Department Introduced: 07/06/2006 Public Hearing: 07/20/2006 Adopted: 07/20,2006 ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS TWENTIETH DAY OF JULY 2006 KODIAK ISLAND BOROUGH Jer e M. Selby, Borough Mayo Ordinance No. FY2007.02 Page,lof 1