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1992-27 Authorizing a Lease of the Chiniak Library Building to the Chiniak Public Library Association.WHEREAS, The Kodiak Island Borough is owner of the old Chiniak Library Building located on Tract E, Chiniak Subdivision; and WHEREAS, the Chiniak Public Library Association has leased the premises since 1984 for use as the Chiniak Community Library; and WHEREAS, the present lease of the structure has expired; and WHEREAS, the Chiniak Public Library Association has requested a new lease; NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH: Section 1: The Kodiak Island Borough Assembly approves the lease of the former Chiniak School building to the Chiniak Public Library Association under the same conditions as the previous lease. Section 2: The term of the lease will be one (1) year at a time with five (5) automatic one -year extensions that can be terminated by either party giving proper notice. ATTEST: A RESOLUTION AUTHORIZING A LEASE OF THE CHINIAK LIBRARY BUILDING TO THE CHINIAK PUBLIC LIBRARY ASSOCIATION PASSED AND APPROVED THIS 2nd DAY OF JULY, 1992. (D 2bvra Borough Clerk Kodiak Island Borough, Alaska Introduced by: Requested by: Drafted by: Introduced: Adopted: KODIAK ISLAND BOROUGH RESOLUTION NO. 92 -27 KODIAK ISLAND BOROUGH Mayor Selby Resource Manager Resource Manager 07/02/92 07/02/92 Resolution No. 92 -27 Page 1 of 1