MEMORANDUM

TO: William Popp, President

Members of the Kenai Peninsula Borough Assembly

THRU: Dale Bagley, Mayor

THRU: Mark Fowler, Purchasing and Materials Manager

FROM: Jeffrey Sinz, Finance Director

DATE: June 5, 2000

SUBJECT: Resolution Awarding Contracts for Limited Liability Reports

A request for bids was advertised in the three local newspapers on May 18, 2000. Bids were received on June 2, 2000 from title agencies for the preparation of title reports referred to as limited liability reports. These reports are needed to foreclose upon real property in the Kenai, Homer/Seldovia, Seward, Anchorage, and Iliamna recording districts.

Following is a summary of the bids received:



Kenai
Homer/

Seldovia



Seward


Anchorage


Iliamna
Southcentral Title Agency,

Soldotna



$70.00


No Bid


$80.00


No Bid


No Bid
Kachemak Bay Title Agency,

Inc., Homer



No Bid


$150.00


No Bid


No Bid


No Bid
First American Title of Alaska,

Seward



No Bid


No Bid


$75.00


No Bid


No Bid

It is recommended that purchase orders be issued to the following title agencies:

Southcentral Title Agency for Kenai Recording District at $70.00 per report.

Kachemak Bay Title Agency, Inc. for the Homer/Seldovia Recording District at $150.00 per report.

First American Title of Alaska - Seward Branch for the Seward Recording District, at $75.00 per report.