members of the Kodiak Island Borough Assembly say the time is now for the
borough to sell off some of the excess undeveloped property it owns. But others
say not so fast. KMXT’s Casey Kelly reports.
Tom Abell says the borough should hold a property sale to get rid of some of
the land that it owns, getting it into private hands so it can start generating
property tax revenue.
1 :32s “…some
more property on the market.”)
to town Abell says there’s land around Monashka Bay that the borough should
consider selling. But he says it should also look to get rid of some of the
remote property that it’s holding onto.
2 :22s “…second
homes is a big thing.”)
Assemblywoman Chris Lynch says she wants to see the borough proceed cautiously
with land sales.
1 :15s “…should
appease any immediate need.”)
says there’s already a lot of private land for sale around the island, so the
best thing for the assembly to do is to be slow and selective in putting
borough property on the market, rather than holding a fire sale.
2 :20s “…releasing
properties more responsibly.”)
Island Brokers Owner Bob Brodie says he’s been waiting for years for the
borough to put property on the market.
1 :32s “…all
the road and utility costs.”)
says an influx of borough-owned property on the market would likely have little
affect on the current real estate market around Kodiak in terms of price. But
he says it could help spread development in town.
2 :31s “…be
an asset to the community.”)
Both Lynch and
Abell say there’s no looming resolution or ordinance authorizing a property
sale at this point, but it’s something the assembly will continue to consider.