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1986-10 Authorizing the Leasing of Borough Property for Experimental Farm Projects.ATTEST: KODIAK ISLAND BOROUGH RESOLUTION NO. 86 -10 -R A RESOLUTION OF THE KODIAK ISLAND BOROUGH AUTHORIZING THE LEASING OF BOROUGH PROPERTY FOR EXPERIMENTAL FARM PROJECTS WHEREAS, Chapter 18.40 grants the Borough the authority to lease real property, and WHEREAS, Section 18.40.030 sets the terms of the lease based on the desirability of the proposed use, the amount of investment in improvements proposed and made, and the nature of the proposed improvement with respect to durability and time required to amortize the proposed amendment, and WHEREAS, the Borough is the property owner of land, and WHEREAS, it is in the best public interest to explore methods of income generation derived from the utilization of Borough property, and WHEREAS, encouragement of development of new and diversified economic activity in the Kodiak Island Borough is a high priority of the Kodiak Island Borough. NOW, THEREFORE, BE IT RESOLVED that the Kodiak Island Borough Assembly authorized the Borough Mayor to enter into lease agreements for experimental farm projects based upon the following criteria: 1. Selection of qualified applicants based upon a set of review criteria; 2. Establish the size of parcels to be leased based on a submitted development plan; 3. Establish a time schedule for development to include land preparation and production. 4. Establish a lease payment schedule that allows initial land preparation costs in lieu of rental fees. PASSED AND APPROVED THIS 6 DAY OF February , 1986 rov �Qlkrk KODIAK ISLAND BOROUGH 9 B6 ough Mayor /€ eaidinq Officer