| | MANAGER'S REPORT:
This ordinance would enable the CBJ to regain title of the Hurlock property at no cost to the CBJ, and then lease the property to Tlingit Haida Regional Housing Authority for less than fair market value for youth services. Upon the CBJ receiving title to the Hurlock property three notable things occur: (1) the CBJ would retain the $35,000 down payment paid by Alaska Legacy Partners, (2) the debt owed to the CBJ by Alaska Legacy Partners would be extinguished, and (3) the senior assisted living facility condition on Ordinance 2018-42 would terminate.
The Assembly Committee of the Whole discussed this item on November 9, 2020, and recommended splitting this ordinance into two separate ordinances (Ord. 2020-57 and 2020-58). Those ordinances were set for introduction tonight. | |