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FY2018-32 Rescinding Resolution No. FY 2011-05 And Adopting A Six-Year Schedule For Systematic Reevaluation For Both Taxable Property On The Road System And Remote, Rural Properties Within The Kodiak Island Borough1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Introduced by: Assembly member Skinner Drafted by: Assembly member Skinner Introduced on: 06/07/2018 Adopted on: 06/07/2018 KODIAK ISLAND BOROUGH RESOLUTION NO. FY2018-32 A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH RESCINDING RESOLUTION NO. FY2011-05 AND ADOPTING A SIX-YEAR SCHEDULE FOR SYSTEMATIC REEVALUATION FOR BOTH TAXABLE PROPERTY ON THE ROAD SYSTEM AND REMOTE, RURAL PROPERTIES WITHIN THE KODIAK ISLAND BOROUGH WHEREAS, AS 29.45.150 requires that a systematic reevaluation of taxable property be undertaken by the Assessor in accordance with a resolution or other act of the municipality over the shortest period of time practicable, as fixed in the resolution or act; and; and WHEREAS, in 2010, Resolution No. FY2011-05 was adopted in compliance of State Statutes 29.45.150; and WHEREAS, with existing staffing levels and budgetary constraints the most economic time frame with minimal exposure to significant shifts in the Kodiak Island Borough taxable property inventory is six years for road system residential properties, commercial properties and also six years for remote, rural properties. NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH hereby directs the Assessor to conduct a systematic reevaluation of taxable property, whether of specific areas or classes of property as determined by the Assessor, over the shortest period of time possible, but in a period of time not to exceed six years for both road system residential, commercial and remote, rural properties. ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS SEVENTH DAY OF JUNE, 2018. KODIAK ISLAND BOROUGH 'AATTTES,T:: Daniel A. Rohrer, Mayor Nova M. Javier, MMC Clerk UNANIMOUS VOTE: Ayes: Smiley, Symmons, Van Daele, Crow, Kavanaugh, Schroeder, Skinner Kodiak Island Borough, Alaska Resolution No. FY2018-32 Page 1 of 1