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1992-46 Authorizing the Disposal of 143 Square Feet of Borough Property on a Portion of Lot 1A, U.S. Survey 3465. (Vicinity of Island Lake).KODIAK ISLAND BOROUGH RESOLUTION NO. 92 -46 Introduced by: Mayor Selby Recommended by: Planning & Zoning Commission Drafted by: Community Development Department Introduced: 12/03/92 Adopted: 12/03/92 A RESOLUTION AUTHORIZING THE DISPOSAL OF 143 SQUARE FEET OF BOROUGH PROPERTY ON A PORTION OF LOT 1A, U.S. SURVEY 3465 (VICINITY OF ISLAND LAKE) WHEREAS, the Kodiak Island Borough Planning and Zoning Commission has reviewed and granted preliminary approval to the subdivision of Lot 3A Block 1 Shahafka Acres Subdivision; and WHEREAS, the design of this subdivision provides for a flag stem that meets borough regulations resulting from the disposal of 143 square feet of borough property; and WHEREAS, the design of the subdivision provides for the completion of the dedication of the Scout Circle right -of -way; and WHEREAS, the value of the two parcels is similar, and the effect of the disposal and the offsetting acquisition will provide benefits to the borough as the owner of the Scout Circle right -of -way; NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THAT: Section 1. The borough mayor is authorized to dispose of a 143 square foot portion of Lot 1A U.S. Survey 3465 in exchange for the acquisition of a 37 square foot parcel of Lot 3A Block 1 Shahafka Acres Subdivision, Section 2. The borough mayor is authorized to sign all necessary documents to complete this land disposal and acquisition. Kodiak Island Borough, Alaska Resolution No. 92 -46 Page 1 of 2 ATTEST: Donna F. Smith, Borough Clerk ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS 3rd DAY OF DECEMBER, 1992 KODIAK ISLAND BOROUGH e M. Selby, Boroug Mayor � c , Presid Kodiak Island Borough, Alaska Resolution No. 92 -46 Page 2 of 2