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1995-34 Establishing Unit Prices for Material Sales Contracts.KODIAK ISLAND BOROUGH RESOLUTION NO. 95 -34 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 $.85 per cubic yard at the August 3, 1995 meeting; NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THAT the royalty rate of eighty -five cents ($.85) per cubic yard shall continue as the minimum unit price for material sales contracts from July 1, 1995 to June 30, 1996. ATTEST: ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS THIRD DAY OF AUGUST, 1995 KODIAK ISLAND BOROUGH J&rbme M. Selby, Borough yor (Doyvnt .4-w to Cmr, , Donna F. Smith, CMC, Borough Clerk Kodiak Island Borough, Alaska Introduced by: Mayor Selby Requested by: Resource Manager Drafted by: Resource Manager Introduced: 08/03/95 Adopted: 08/03/95 f, , Mary A. Monroe, Presiding Officer Resolution No. 95 -34 Page 1 of 1