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1994-23 Establishing Unit Prices for Material Sales Contracts.KODIAK ISLAND BOROUGH RESOLUTION NO. 94 -23 A RESOLUTION ESTABLISHING UNIT PRICES FOR MATERIAL SALES CONTRACTS WHEREAS, the Kodiak Island Borough currently has four (4) material sales contracts in effect; and WHEREAS, these leases produce approximately $20,000 - $50,000 per year in royalties to the Borough; and WHEREAS, Kodiak Island Borough Code 18.60.060 requires annual review by the Kodiak Island Borough assembly to establish minimum unit prices for said contracts; and WHEREAS, the assembly reviewed the existing royalty rate of $.85 per cubic yard at the August 4, 1994 meeting; NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THAT: Section 1: The royalty rate of eighty -five cents ($.85) per cubic yard shall continue as the minimum unit price for material sales contracts from July 1, 1994 to June 30, 1995. ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS FOURTH DAY OF AUGUST, 1994 (Derma ATTEST: fJ n Kodiak Island Borough, Alaska Donna F. Smith CMC, Borough Clerk Introduced by: Mayor Selby Requested by: Resource Manager Drafted by: Resource Manager Introduced: 08/04/94 Adopted: 08/04/94 KODIAK ISLAND BOROUGH 'a ..r 17 Jeri() M. Selb Borou Jack A cFariand, Presidi g Officer Raaokrtion No. 94-23 Pepe 1 of 1