1990-61 Authorizing the Disposal of Borough Property for Less than Full Market Value to the Kodiak Broadcasting Corporation (A Portion of Lot 5A, USS 2538, Generally Located off Egan Way).Introduced by: Mayor Selby
Recommended by: P&Z Commission
Introduced: 10/04/90
Adopted: 10/04/90
KODIAK ISLAND BOROUGH
RESOLUTION NO. 90-61
A RESOLUTION AUTHORIZING THE DISPOSAL OF BOROUGH PROPERTY
FOR LESS THAN FULL MARKET VALUE
TO THE KODIAK BROADCASTING CORPORATION
(A PORTION OF LOT 5A, USS 2538, GENERALLY LOCATED OFF EGAN WAY)
WHEREAS, Section 18.20.030 of the,Borough Code requires
the review of each disposal of Borough real property by the
Planning and Zoning Commission; and
WHEREAS, Section 18.20.170 defines "disposal" as any
transfer of real property; and
WHEREAS, Section 18.20.100B allows for property disposal
for less than fair market value to a non-profit corporation or
association; and
WHEREAS, approximately 19,500 square feet located within
Lot 5A, U.S. Survey 2538, has been requested by a non-profit
corporation for the development of a new public radio station; and
WHEREAS, the Planning and Zoning Commission has held an
advertised and noticed public meeting on the disposal; and
WHEREAS, the Planning and Zoning Commission has
determined that this disposal is in compliance with Borough Codes;
and
WHEREAS, the Planning and Zoning Commission has
determined that it would be appropriate to dispose of a Portion of
Lot 5A, U.S. Survey 2538, for less than fair market value to a non-
profit corporation;
Resolution No. 90-61
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NOW, THEREFORE, BE IT RESOLVED that the Kodiak Island
Borough Assembly finds that the disposal of a Portion of Lot 5A,
U.S. Survey 2538, for less than fair market value to a non-profit
corporation by the Kodiak Island Borough is consistent with Titles
17 and 18 of the Borough Code and authorizes the disposal of the
property in accordance with Kodiak Island Borough Code Section
18.2O.1O0B, subject to the following one (1) condition:
(1) The Portion of Lot 5A, U.S. Survey 2538 to be
disposed of (proposed Lot 5A2) must be created by plat prior to
disposal by the Kodiak Island Borough.
PASSED AND APPROVED THIS 4th DAY OF OCTOBER, 1990.
ATTEST:
KODIAK ISLAND BOROUGH
Bo ugh Mayor
eiO facer
Resolution No. 90-61
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