1986-65 Authorizing the Transfer of Funds from the Land Sale Account to be Used for Condemnation Procedures.KODIAK ISLAND BOROUGH
RESOLUTION NO. 86-65-R
A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY AUTHORIZING THE
�� TRANSFER OF FUNDS FROM THE LAND SALE ACCOUNT TO BE USED IN CONDEMNATION
',!PROCEEDINGS.
WHEREAS, negotiations have failed to resolve the issue of a purchase
of a right-of-way through U.S. Survey 162 owned by Lynn Canal Investment
,I Company, and located in Karluk, Alaska; and
Ii
WHEREAS, the Borough is ready to initiate condemnation proceedings
of this right-of-way under AS 09.55.240; and
WHEREAS, a deposit based upon pon an opinion of value of the taking is
required to be posted with the court; and
WHEREAS, a value of fifty-five hundred dollars ($5,500) has been
it established by the Borough Assessor/Chief Appraiser as an opinion of value for
i
this parcel;
NOW, THEREFORE, BE IT RESOLVED by the Kodiak Island Borough Assembly
that it authorized the transfer of $5,500 dollars from the Land Sale Fund to
be utilized as a court deposit for the condemnation of a right-of-way through
U.S. Survey 162, Karluk, Alaska.
PASSED AND APPROVED this 4 day of September 1986
by the Kodiak Island Borough Assembly.
KODIAK ISLAND BOROUGH
I
By
;rough Mayor
By /
ATTEST: Er siding Of i er
rough ch jCk
� v