MEMORANDUM

TO: Timothy Navarre, Assembly President

Members, Kenai Peninsula Borough Assembly

THRU: Dale L. Bagley, Mayor

THRU: Robert L. Bright, Planning Director

Max J. Best, Borough Surveyor

FROM: Roy E. Dudley, Land Management Agent

DATE: August 21, 2001

SUBJECT: Ordinance 2001-31 authorizing the sale of 27 parcels of borough land by outcry public auction

KPB 17.10.070(A) directs that two land sales be conducted each year. One disposal is the tax foreclosure sale. The other sale is a competitive market value sale.

Attached is Ordinance 2001- ___ that recommends 27 parcels for sale by outcry public auction. Maps showing the location of each parcel are attached.

Land Management staff reviewed the land bank inventory and recommended the 27 parcels based on size, price, location, soil conditions and access. Land Management staff felt it was important to recommend parcels for which there was perceived market demand. All parcels that were in last years sealed bid that did not sell are now included in the outcry auction.

A sealed bid land has been the method by which the borough has conducted its competitive market value land sale for the past 6 years. This year the proposed method is an outcry public auction. The outcry public auction will be held in the Assembly Chambers of the Borough Administration building on October 20, 2001. Newspaper advertisement will begin and brochures will be available on September 20, 2001 to meet the advertising requirements of KPB 17.10.110. The brochures will delineate the parcels and explain the outcry public auction process and procedures. All parcels will have the front property corners marked and sale signs posted.

Parcels that do not sell at the outcry public auction are proposed to be offered over-the-counter. The current over-the-counter sale of the borough's remaining inventory of parcels in the Gray Cliff and Moose Point Subdivisions will continue as authorized by Ordinances 98-27 and 98-43. Subject Ordinance 2001-___ will authorize a new over-the-counter land sale for all parcels that do not sell by means of a sealed bid or outcry public auction.