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1989-58 Authorizing the Disposal by Easement of Borough Land for Less than Fair Market Value to the Kodiak Electric Association.By: Introduced: Tabled: Died on Table: KODIAK ISLAND BOROUGH RESOLUTION NO. 89-58-R Mayor Selby 9/07/89 9/07189 9/21/89 A RESOLUTION AUTHORIZING THE DISPOSAL BY UTILITY EASEN OF BOROUGH LAND ADJACENT TO THE MONASHKA B Y DAM FOR LESS THAN FAIR MARKET VALUE-, WHEREAS, Section 18.20.030A of the BVtth�e_ ode requires the review of each disposal of Borough real property nning and Zoning Commission; and WHEREAS, Section 18.20.170 of the Borodefines "disposal" �Ias any transfer of real property; and WHEREAS, Section 18.20.1008 allow,s,j r property disposal at less than fair market value to non-profit associati s upon a finding that the disposal will allow the use of the land for blic purpose beneficial to the Borough, and (�� WHEREAS, the Kodiak Electri '7S sociation (K.E.A) has requested a forty (40) foot easement across Boroµ�h and, legally described as a Portion of Section 13, Township 27 Soutwq- nge 20 West, Seward Meridian, to provide electrical service to the Moi a Bay Dam Reservoir; and WHEREAS, the Planning / and Zoning Commission has held an advertised and noticed public meati g on the disposal; and WHEREAS, the Plan7 1Tt4 and Zoning Commission has determined that this proposal is consistent with the Borough Code, specifically Title 17 (Zoning) and the Kodiak Isss� Borough Coastal Management Program; and WHEREAS, t Borough Assembly a�! i� interest on this propel it electrical power to the shinning and Zoning Commission recommends that the 4ze the disposal by easement of a partial Borough and allow K.E.A. to utilize the easement, to provide i n's water pump station; NOW, TH�REFORE, BE IT RESOLVED, that the Kodiak Island Borough Assembly/finds it to be in the public Interest to dispose a 40 foot utility easement ross Borough owned land for less than fair market value, i and authorizes K.E.A. to enter said easement to provide above -ground electrical ser4e to the Monashka Bay Dam subject to the following condition: 1. Utilities serving the site may be provided by above -ground Resolution No. 89-58-R distribution lines until said property is subdivided for disposal. At that time utility services must be placed underground. PASSED AND APPROVE ATTEST: Borough Clerk i w � Resolution No. 89-58-R 39.