MEMORANDUM

TO: Pete Sprague, President

Members of the Kenai Peninsula Borough Assembly

THRU: Dale Bagley, Mayor

THRU: Mark Fowler, Purchasing and Contracting Officer

THRU: Scott Holt, Finance Director

FROM: Rhonda Krohn, Property Tax and Collections Supervisor

DATE: February 2, 2004

SUBJECT: Resolution 2004-017, declaring the Peninsula Clarion as the newspaper of general circulation and accepting the quotation to publish the 2004 Property Tax Foreclosure list

According to AS 29.45.330 (a)(2) a municipality shall publish the foreclosure list for four consecutive weeks in a newspaper of general circulation. There are only two newspapers of general circulation on the Kenai Peninsula, the Peninsula Clarion and the Anchorage Daily News, and both were given an opportunity to submit quotes. The following is a summary of the quotes received:

It is recommended that the Assembly accept the Clarion's quote of $71.10 per computer-generated page for the tax foreclosure list and $19.29 per computer-generated page for the delinquency lists.

The quoted price is the same as last year which the cost totaled $14,997.66. The contract price is based on the final count of computer-generated pages submitted for publication, estimated to be 200-250 pages for the property tax foreclosure list and 40-50 pages for the delinquency lists. The first publication will be on February 25, 2004, and actual cost will be finalized at that time. Funds are available in account 100.11440.43310