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For statutory provisions authorizing a municipality to acquire real property for certain purposes, see AS 29.48.010(9).
The borough may select vacant, unappropriated, unreserved lands of the state, from time to time, as such lands are made available to the borough for selection. Such selection will be carried out in accordance with the rules and regulations established under the laws of the state, and as promulgated by its agencies in accordance with such laws.
(Ord. 10 § l, 1966)
The borough shall follow a procedure, when securing available lands for selection, that is consistent with securing for the borough that land which offers the greatest prospect for progressive increase in value, lends itself to the betterment of the people of the borough, or fits properly into the projected plans of the borough, in accordance with its comprehensive plan.
(Ord. 10 § 2, 1966)
The function of selecting available state lands shall be known in this chapter as "land selection," and shall be under the direction of a "land selection officer," who may be the borough manager or another administrative officer designated by the borough manager and approved by the assembly.
(Ord. 10 § 3, 1966)
The land selection officer shall administer the selection of available state lands, and make such selections in accordance with the recommendation of the planning and zoning commission, as stated by written resolution and approved by the assembly and as further provided and contained in this chapter.
(Ord. 10 § 4, 1966)
The borough shall provide that selected lands sold, leased, or transferred at public auction shall be listed in accordance with the township, range and section numbers. The total sales price, lease fee, or other value in kind shall be noted, as well as the payment schedule of any contract involved, in such manner as to readily provide an accounting of revenue paid or anticipated during any fiscal year, including allowance for land scrip, improvements, or other credit in lieu of cash.
(Ord. 10 § 6, 1966)
The assembly may enter into a management agreement with the State Division of Lands for purposes of planning the sale, lease, or transfer of borough lands to the general public, private persons, or other agencies, and to conduct such sales, leases and transfers in accordance with procedures set forth under the Alaska Statutes, after concurrence by the assembly.
(Ord. 10 § 7, 1966)
No management agreement shall be binding upon the borough which takes away the right of the borough to make selection of vacant, unappropriated, unreserved lands within the borough, or which sets aside the borough's right to make final determination in regard to its selected lands, or which does not afford the borough opportunity to terminate such agreement upon proper notice.
(Ord. 10 § 9, 1966)
The borough manager shall cause to be made public an accounting of the funds derived from the sale, lease, or transfer of selected lands as soon after such sale, lease or transfer as possible, but no later than ninety days. He shall report, no less than twice a year, to the assembly the total number of lands selected, the total number of disposals, the balance remaining in acreage, and similar reports of moneys received to date, moneys anticipated at the next reporting time, and all funds on hand or obligated. This report shall be known as the selected lands report and balances."
(Ord. 10 § 10, 1966)
Funds derived from the sale, lease, or transfer of selected lands shall be used only in the manner set forth by the assembly by ordinance.
(Ord. 10 § 11, 1966)
Funds from the sale, lease or transfer of selected lands shall be deposited under separate account and kept separate from the general funds of the borough.
(Ord. 10 § 12, 1966)