MEMORANDUM

TO: Members, Kenai Peninsula Borough Assembly

FROM: Timothy Navarre, Assembly President

Pete Sprague, Assembly Member

DATE: April 19, 2001

SUBJECT: Ordinance 2001-13

During the April 3, 2001 meeting of the Committee of the Whole, James N. Butler, III, Esq. of Baldwin & Butler, LLC made a presentation concerning a contaminated commercial property in Soldotna. He gave a history of the property, its current status, and requested that the Assembly consider taking action to return the property to commercial and private ownership. Included in this proposal is a request for waiver of penalties and interest of taxes owed on the property. This ordinance has been introduced as a response to that request.

The agreement which is referred to in the ordinance is still being negotiated, and it is our intention that it will be available for your review on or before May 1.