Alaska Business Brokers
June 8, 1972
Seward Phoenix Log
278-3541 or CA4-3082
For Sale:
Several choice lots in Jesse Lee Heights Subdivision overlooking Resurrection Bay.
Notice of Public Hearing
December 7, 1972
The City Council Meets Monday, December 11th, at 7:30 pm in the Council Chambers. A public hearing on the proposed option to purchase a portion of the Jesse Lee Heights Subdivision by the United States will be held. The public is invited to attend and to seak on this subject if they so desire.
Last Frontier Wins Jesse Lee Bid
Seward Phoenix Log
January 18, 1973
The bid opening for the Jesse Lee Land Sale was held on Monday, January 15, in the City Council Chambers. The only bid received came from Last Frontier, In., an Anchorage firm composed of shareholders in ATX Travel, Inc.
The bid price offered was $35,000 or approximately seven centers per square foot. The City had established a minimum acceptable hid of six cents per square foot.
Last Frontier, Inc. proposes to utilize the existing structures as a hotel/motel complex if a Feasibility study they will conduct if their bid is accepted proves that such a rehabilitation project is worthwhile.
Last Frontier, Inc., was represented at both the bid opening and the Council work session by Anchorage attorney for the firm and one of its stockholders, Mr. James R. Clouse. In discussing the future plans, Mr. Clouse noted the problems of rezoning, replatting and rehabilitating the existing structures. He was of the opinion the future of the buildings would have to be determined after the feasibility study had been completed.
The bid results will be officially presented at Monday’s regular City Council meeting and if Council desires to accept the bid, a public hearing will be advertised and held on February 13th (the Tuesday following Monday’s holiday).
If no objections of a substantial nature are received, the Council may pass a resolution authorizing the sale on February 26th and the sale will become final on March 26th following the mandatory 30 day waiting period.
When questioned if this time period represented a problem, Mr. Clouse indicated it did not affect the corporation’s plans. Members of the public may comment on this bid during Monday’s Council Meeting if they so desire.
Jesse Lee Sold Again
TV, Jesse Lee Are Council Topics
February 15, 1975
Seward Phoenix Log
Council voted unanimously to sell the Jesse Lee property to Last Frontier, Inc. for their bid of $35,000, after some public discussion Monday night.
Last Frontier, Inc., proposes to rehabilitate the existing buildings if economically feasible and make them into a hotel-motel complex to serve year-round travelers. ATZ Travel (parent company) has begun packaging tours – groups could be directed to Seward and entertainment facilities could be carried on all year.
If the structures cannot be saved, Last Frontier plans to salvage as much as possible and build the complex along the same architectural lines as the existing structures.
In public hearing local businessman Norman Waggy said, “This is one of the things Seward needs and I’m for it.”
“I’m listening to the bid,” said Pat Williams, “If Last Frontier finds they cannot make use of this land they could hold it. I would like to see the City hold onto this valuable property – raze the buildings and appoint a committee to study the best use of the land. If the committee decided to sell-the property should be advertised much more widely than has been done. I’m saying this in the interest of Seward-the future of Seward, although I know this will not be a popular opinion.:
Dick Beissner, location contractor, stated, :I didn’t hear a schedule offered of money to be spent over a period of years.”
Mayor Richardson replied, “There isn’t any. We tried to give a little latitude when we advertised this time – I don’t thing we can tie them down to any amount.”
Beissner then asked if Last Frontier under present regulations could subdivide into building lots and sold if they choose not to build. Richardson said this was prohibited.
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