Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Kenai Peninsula Borough considers $2.1 million purchase of four Homer properties for South Kenai Peninsula Hospital service area
Summary
The borough introduced an ordinance to acquire four properties in Homer for $2.1 million plus $50,000 for due diligence to secure slope stability and expand hospital campus options; assembly members raised questions about funding source, slope stability, potential parking uses and the difference between purchase price and assessed values.
The Kenai Peninsula Borough finance committee on Aug. 19 heard discussion of an ordinance authorizing the acquisition and appropriation of $2,100,000 to buy four properties in Homer on behalf of the South Kenai Peninsula Hospital service area, with an additional $50,000 proposed for due diligence and closing costs.
Mayor Michicky presented the item, saying the purchase includes properties identified as Walls, Lazy Bulldogs, Pacific Premier and West Wing and that the South Peninsula Hospital (SPH) chief executive was available for questions. The mayor and staff told the committee the purchases would be funded from service-area (prepaid) funds and that SPH supports the plan at this time.
Assemblymembers asked detailed questions about the parcels. Concern focused on the property above the hospital (Pacific…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
