02/20/1967 SMI CALL TO ORDER
KODIAK ISLAND BOROUGH
SPECIAL ASSEMBLY MEETING -. February 20, 1967
The meeting was called to order at 1:45 p.m. in the Kodiak Inn, Kodiak, Alaska,
by Presiding Officer Lester, for the purpose of establishing the conditions of
sale of land included in the First and Second Additions to the Miller Point
Subdivision; the First Addition to the Kadiak Subdivision; Lots 7, 8, 9, Block 5
Miller Point Subdivision: and Lot 4, USS 3103.
II ROLL CALL
Present
Wilton White, Borough Chairman
Eldon Lester
Donald Arndt
James Barr
Mrs. Jo Hajdu
Absent
Also present: Doug Preston, Clerk Joe Keenan Ken Hallbeck, and Dair
Magnuson of the State Division of Lands. and Sally Hendrix,
Borough Secretary, taking minutes.
III ESTABLISEMNP OF CONDITIONS OF SALE
Mrs. Hajdu moved that a resolution be drafted and adopted, substantially in the
following form: In order to protect the best interests of prospective developers
of this aeea and in order to defeat the presently inflated land values and to
make the land more accessible to developers, the Kodiak Island Borough Assembly
resolves that the following shall be the conditions of subject land sale:
1) prices shall be set at a 50 percent reduction on the appraised value
2) a restriction shall be imposed requiring that all lots must be developed
according to plans which mast be submitted within three years after access
has been provided to the lots
3) the required down payment shall be 10 percent of the purchase price, with
the remainder to be paid in installments over a ten-year period
4) this shall be a general sale and shall not include veterans preference rights
Motion was seconded by Mr. Sutliff. During discussion, it was stated that the
Borough was planning to provide minimal access roads, to be paid for on an
assessment basis. Mr. Sutliff that a one-year development limit should be imposed,
rather than three years. Mrs. Hajdu, with permission of her second, Mr. Sutliff,
amended her motion to read '`all lots oust be developed according to plans which
must be submitted within two years after access has been provided to the lots.'
Motion carried by roll call vote as follows: Mr. Arndt --- Yes; Mr. Barr - No
Mrs. Hajdu -- Yes; Mr. Lester -r Yes; Mr. Sutliff - Yes.
IV ADJOURNMENT
The meeting was adjourned at 2:00 p.m.
ATTEST: APPROVED:
eV/1
L` /
Douglas G Pre Wilton T. White
Clerk/Tr e • - urer Borough Chairman
Corrections made by Assembly at 3/2/67 meeting:
III -1) Values shall be set at a 50 percent reduction on the appraised value
2) A restriction shall be imposed requiring that all lots must be developed
within two years after access has been provided to the lots
Change made by the State and Assembly per phone calls 3/7/67:
III -4) This sale shall include veterans preference rights