A. 
Real property, including tidelands, and land acquired from the state, may be sold or leased only when authorized by ordinance. Lease of space within municipal buildings that are of a value of less than $1,000 shall be treated as disposals of personal property without ordinance. All other leases of space within a municipal building shall be treated as disposal of real property under this chapter.
Note: The value of a lease shall be determined by multiplying the monthly or annual rent by the term of the lease.
B. 
Upon sale or disposal of real property valued over $5,000,000, or upon lease of real property, including tidelands, of a value of more than $7,500,000, the ordinance authorizing the sale, lease, or disposition may provide that the ordinance receive an advisory vote at a general or special election. The assembly shall stay its decision on any such sale, lease, or disposition pending the outcome of the election. This subsection shall not apply to leases at the former Alaska Pulp Corporation mill site, now known as the Gary Paxton Industrial Park, and the property leased under Ordinance 99-1539.
C. 
No advisory vote or competitive bid is required for exchange of municipal property, both real and personal, including tidelands, or any interest in property, with the United States, the state of Alaska, or a political subdivision.
Such disposals to other governmental units shall be done by ordinance.
All leases of real property and tidelands approved by the assembly and signed by the lessee prior to the date of enactment of the ordinance codified in this title are confirmed and ratified and voter ratification required under the former ordinance is waived. (Enactment date September 27, 1983.)
D. 
The lease of any municipal property on a temporary basis may be made by the administrator upon motion of the assembly without ordinance. Temporary shall be defined as any lease terminable at the will of the municipality where no more than 30 days’ prior notice of intent to terminate is required.
E. 
Sale or lease of municipal real property, including tidelands, shall be by competitive bid, unless the assembly finds that competitive bidding is inappropriate, due to the size, shape, or location of the parcel, rendering it of true usefulness to only one party, or is waived by subsection C of this section. The assembly may also find that competitive bidding is inappropriate due to the nature of the property or the circumstances surrounding its disposal to include possible unjust results with regard to the existing lessee, or adjacent or neighboring property owners.
F. 
When it is deemed advantageous to the municipality, it may trade uplands or tidelands for other land of approximately equal size or value. Should the municipal property in question be of such value as to permit an advisory vote, an advisory vote may be authorized by the assembly, and the requirements and procedures concerning such election shall apply.
G. 
The administrator is authorized to sign all municipal lease and conveyance documents.
(S.G.C. 18.12.010; Ord. 83-556 § 4, 1983; Ord. 92-1026 § 4, 1992; Ord. 92-1110 § 4, 1992; Ord. 93-1141 § 4, 1993; Ord. 99-1545 § 4, 1999; Ord. 18-29 § 4, 2018)
A. 
Notwithstanding SGC § 2.100.080(A)(7) and 2.100.090 or any other provision of law, the assembly may authorize an advisory vote for any ordinance authorizing the sale, lease or disposal of any real property of the city and borough for a dock or vessel transfer facility that could be used by cruise ships exceeding 300 feet in length. The assembly shall stay its decision on any such sale, lease, or disposition pending the outcome of the election. If an advisory vote is authorized, not less than 30 days prior to the election, the city and borough shall make available to the electorate the terms of the proposed sale, lease or disposal of real property and a summary of the direct anticipated costs to the city and borough.
B. 
This section applies to tidelands and other real property owned by the city and borough, including any real property in Sawmill Cove.
(S.G.C. 18.12.014; Ord. 06-39 § 3, 2006; Ord. 18-29 § 4, 2018)
A. 
Petition. No street, alley or public thoroughfare or any part thereof shall be vacated except upon petition of the owners of the majority of the front feet of the land fronting upon the part of the street, alley or public thoroughfare sought to be vacated.
B. 
Title to vacated area. Title to the street or other public area vacated on a plat, attaches to the lot or lands bordering the area in equal proportions; except that if the area was originally dedicated by different persons, original boundary lines shall be adhered to so that the street area that lies on one side of the boundary line shall attach to the abutting property on that side. The portion of a vacated street that lies inside the limits of a platted addition attaches to the lots of the platted addition bordering on the area. If a public square is vacated, the title to it vests in the municipality. If the property vacated is a lot, title vests in the rightful owner.
C. 
Payment.
1. 
If the municipality acquired the street or other public area vacated for legal consideration or by express dedication to the municipality, other than as a subdivision platting requirement, before the final act of vacation, the fair market value, as required by AS 29.40.160(b), shall be deposited by the petitioner or petitioners with municipality to be paid to the permanent fund upon vacation.
2. 
If the person or persons petitioning for vacation is, or are, the original subdividers who established the street, alley, or public thoroughfare, or portion thereof, sought to be vacated, then the municipality may vacate the same without payment of any kind being acquired from the petitioner or petitioners or the property owner or owners who receive the property by virtue of vacation.
3. 
If the person or persons petitioning for the vacation are not the original subdividers, but the municipality acquired the street, alley, or public thoroughfare or portion thereof as a result of a subdivision platting requirement, before the final act of vacation, the petitioner or petitioners or the owners of the land fronting upon that part of the street, alley, or public thoroughfare sought to be vacated shall be required to pay the amount determined by the assembly.
(S.G.C. 18.12.015; Ord. 93-1130 § 4(2), 1993)