1979-60 Setting Forth The Terms And Conditions For A Public Offering Of A Ten Year Lease Of Parcel P-1, Tract A, Bells Flats Alaska Subdivision.11 ] 1 1 1 1 1
KODIAK ISLAND BOROUGH
RESOLUTION NUMBER 79 -60 -R
A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY SETTING FORTH THE TERMS
AND CONDITIONS FOR A PUBLIC OFFERING OF A TEN YEAR LEASE OF PARCEL P -1, TRACT A,
j.BELLS FLATS ALASKA SUBDIVISION.
WHEREAS, the negotiated borrow lease on Parcel P -1, Tract A, Bells Flats
Alaska Subdivision expired September 9, 1979, and
WHEREAS, this has been the location of a major gravel extraction and
gravel processing site in the Kodiak Island Borough, and
WHEREAS, the site is zoned industrial, and
WHEREAS, the Kodiak Island Borough Assembly has determined the site is
lsurplus to the Borough needs and the site should be made available for continu-
ing industrial use for the next ten (10) year period,
NOW, THEREFORE, the Kodiak Island Borough Assembly authorizes Parcel P -1,
Tract A, Bells Flats Alaska Subdivision be offered for lease subject to the
following terms and conditions:
1. The lease term not to exceed ten (10) years.
2. The offering to be made at a public auction.
3. Bidders must qualify prior to bidding by having
an approved development plan as provided in
Section 18.20.100 of the Kodiak Island Borough
Code of Ordinances.
4. The offering shall include a provision to pay
the unit price for gravel as set by Section
18.60.060 (A) of the Kodiak Island Borough
Code of Ordinances for any gravel removed from
the site during the lease period.
5. The lease rate is to be adjusted at the end of
the first five (5) year term as provided in
Section 18.40.080 of the Code of Ordinances.
6. The minimum lease rate is to be determined by
the assessor and it shall be based on ten (10)
percent of the assessed land value.
7. The mill rate established for the Bells Flats
Road Service District will be charged to the
lessee based on the assessed value of the land
and improvements located thereon.
11 n I e 19 n
j l
1 ATTEST :
8. The public auction to offer this lease is to
take place 1:30 P.M., January 19, 1980, in the
Borough Assembly Chambers.
day of November
PASSED this 7th
PAGE 2
RESOLUTION 79 -60 -R
PARCEL P -1, Tract A Bells flats Alaska Subdivision
,1979.