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Approval of Agreement With KPC & GFP To Be Considered By Assembly
by Dick Kauffman

 

June 14 2002
Friday - 1:10 pm


Ward Cove
Ward Cove
Digital Photo by Dick Kauffman

Approval of the agreement with Ketchikan Pulp Company and Gateway Forest Products regarding treatment of properties to be Received by the Borough will be one of the agenda items the Ketchikan Gateway Borough Assembly will consider during their regular meeting on Monday, June 17, 2002.

During the Gateway Forest Products' bankruptcy, the Borough and KPC engaged in extensive negotiations aimed at resolving a number of issues with respect to KPC's former Ward Cove properties. According to information provided by the Borough, the parties at that time, reached substantial agreement on the majority of the matters which were pending. Over the past few weeks, Borough staff has negotiated with KPC to reach an agreement which would resolve conflicts affecting the title to and marketability of the properties; resolve KPC's objections to two subdivisions; and facilitate redevelopment going forward.

Issues which are currently unresolved, but which would be resolved by the agreement, are included in detail in the agenda summary statement. The summary statement, proposed agreement and map exhibits packet (77 pages) can be downloaded by clicking on this link (pdf).

Because of the significance of this issue and the public interest in the redevelopment of Ward Cove, Borough staff made arrangements for a community forum from 5:00 - 7:00 p.m. at the Ted Ferry Civic Center on Wednesday, June 19, 2002. The forum will provide the public an opportunity to ask questions about the agreement and treatment of the property.

Borough staff recommends that the Assembly recess the June 17, 2002, meeting to 7:00 p.m. on June 19th. However, the Assembly could decide to approve or reject the agreement during their regular meeting on Monday or postpone it to a later meeting. Staff however, is recommending that the Assembly address the agreement on June 19th due to the short time remaining before Foothills' scheduled auction.

Monday's regular Assembly meeting is scheduled to begin at 5:20 p.m. and will be held in the Ketchikan City Council Chambers.

 

Related Information:

Agenda Statement - Agreement; Exhibit Maps; Proposed Agreement
----(77 pages - 1MB)

Full KGB Assembly Agenda (html)

 

Source of Information:

Ketchikan Gateway Borough

 

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