MEMORANDUM

KENAI PENINSULA BOROUGH

LEGAL DEPARTMENT

144 N. Binkley Street Tel. (907) 262-8609

Soldotna, Alaska 99669 Fax (907) 262-8686

TO: Timothy Navarre, Assembly President

Members, Kenai Peninsula Borough Assembly

FROM: Holly B. Montague, Assistant Borough Attorney

DATE: March 5, 2001

SUBJECT: Ordinance 2001-08

The following ordinance providing for a negotiated sale of borough land to James T. Hall was prepared at the request of Assembly Member Jack Brown. The purchase price proposed is gravel on property in Nikiski owned by Mr. James T. Hall to be used by the borough in construction of the North Road Extension. An explanatory memo from Mr. Brown will be provided to the assembly at a later date. Included with the ordinance is a valuation of the borough parcels performed by the assessing department, test results for the gravel source on Mr. Hall's property, the application from Mr. Hall for purchase of the land, and a map depicting the location of all parcels involved.