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FY2008-38 Brechan Material Sales AgreementKODIAK ISLAND BOROUGH RESOLUTION NO. FY2008 -38 Introduced by: Manager Gifford Requested by: Manager Gifford Drafted by: Borough Attorney Introduced: 06/05/2008 Adopted: 06/05/2008 A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY AUTHORIZING THE APPROVAL OF A RENEWED SHORT -TERM LEASE AND MATERIAL SALES AGREEMENT WITH BRECHAN ENTERPRISES, INC. FOR TRACTS B1, B2, B3 AND B4 -A, BELLS FLATS ALASKA SUBDIVISION WHEREAS, in Resolution FY2007 -40, the Borough Assembly authorized the Borough Manager to negotiate directly with Brechan Enterprises, Inc., a short-term lease for full and true market value of an 84.38 acre portion of borough land described as Tracts B1, B2, B3, and B4 -A, Bells Flats Alaska Subdivision for the purpose of resource extraction; and WHEREAS, the Borough Manager presented to the Assembly a lease and material sales contract for a one year term which expires on June 30, 2008; and WHEREAS, to proceed with negotiations for a long -term lease, KIBC 18.20.130 requires an appraisal of the property and, since this appraisal was just received, it is not possible to give the Assembly a lease and material sales contract for a Tong -term lease, which complies with Resolution FY2007 -39; NOW, THEREFORE, BE IT RESOLVED, THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THAT the Borough Manager is hereby authorized to renew for not more than one year, on the same terms, the short-term lease and material sales contract with Brechan Enterprises, Inc. ATTEST: ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS FIFTH DAY OF JUNE, 2008 a M. Javier, CMC, Bo ough Clerk F 0 ( 144. KODIAK ISLAND BOROUGH rome M. Selby, Borough Mayor Kodiak Island Borough, Alaska Resolution No. FY2008 -38 Page 1 of 1