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#18-06 - Authorizing the Purchase of a 120 Acre Tract of USS 697 and USS 698 from the University of Alaska in the Amount of $186,000
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SUBMITTED BY: Paul Nylund - Interim Director, Community Development
FISCAL NOTES:
Expenditure Required: $186,000
Unencumbered Balance: $186,000
Funding Source: Land Development Reserve Fund #350-8000-5500
RECOMMENDATION:
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Approve Resolution # 18-06, authorizing purchase of 120 Acres of UAA owned land located along Mineral Creek Road, identified as USS 697 and USS 698 in the amount of $186,000.
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SUMMARY STATEMENT:
The City of Valdez has recently been made aware of the University of Alaska's desire to sell some of their property within the boundaries of Valdez. The 120 acres that the City is looking to purchase consists of two adjacent parcels located alongside Mineral Creek, north of the main Valdez town site (see attached map).
A significant portion of the City of Valdez's Mineral Creek ski trails are located on these parcels. The City has maintained a land use permit with UAA for the use and maintenance of these trails since 1993. This is a 5 year permit, with a cost of $500 per renewal. This arrangement is at the pleasure of UAA, and may be cancelled at any time. The purchase of this property will enable the Parks and Recreation department to improve and expand the trail system, as well as provide additional, year round recreational opportunities for the citizens of Valdez.
On February 13th, 2018, the City of Valdez Parks and Recreation Commission approved a recommendation to City Council for the purchase of this land.
On February 14th, 2018, the City of Valdez Planning and Zoning Commission approved a recommendation to City Council for the purchase of this land.
The purchase of this property, and the continued maintenance and use of these trails is consistent with the City of Valdez Comprehensive Plan's overall goal - to create an atmosphere that will encourage stable economic develop...
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