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1992-41 Accepting Quitclaim Deed Transferring Peterson Elementary School and School Equipment.KODIAK ISLAND BOROUGH RESOLUTION NO. 92 -41 Introduced by: Mayor Selby Requested by: Mayor Selby Drafted by: Mayor Selby Introduced: 09/17/92 Amended: 09/17/92 Adopted: 09/17/92 A RESOLUTION ACCEPTING THE DEED TRANSFERRING PETERSON ELEMENTARY SCHOOL TO THE KODIAK ISLAND BOROUGH WHEREAS, the Kodiak Island Borough School District and the Kodiak Island Borough have been attempting to attain title to the Peterson Elementary School for several years; and WHEREAS, the United States Government has now agreed to transfer the title to Peterson Elementary School and provide $3.7 million toward renovation and upgrades of the facility; and WHEREAS, the United States Coast Guard has signed the use permit allowing the Kodiak Island Borough to use the school site as long as the facility is used as a school; NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THAT: Section 1: The Kodiak Island Borough accepts the Quitclaim Deed transferring the school facilities known as Peterson Elementary School and movable school equipment contained therein. Section 2: The nine assurances attached to the deed are agreed to. Section 3: The mayor of the Kodiak Island Borough be designated to sign the Quitclaim Deed, Acceptance, and Assurances on behalf of and as the act of the Kodiak Island Borough. Section 4: Quitclaim Deed language is subject to the Kodiak Island Borough attorney's approval. Kodiak Island Borough, Alaska Resolution No. 92 -41 Page 1 of 2 ATTEST: ADOPTED BY THE KODIAK ISLAND BOROUGH ASSEMBLY THIS 17th DAY OF SEPTEMBER, 1992 Ca r 77ina_ nna F. Smith, Borough Clerk KODIAK ISLAND BOROUGH / ,1.MA - Jeror M. Selby, Borou 4 McFarla siding 0 ficer Kodiak Island Borough, Alaska Resolution No. 92 -41 Papa 2 of 2