The Department of Transportation and Public Facilities, State of Alaska, proposes to execute a Land Lease at Fairbanks International Airport for Block 102, Lot 19BA, containing approximately 60,822 square feet. The file number is ADA-90929, and the applicant is Fredrick Distad dba Arctic Aviation. The term of the lease is 55 years commencing July 1st, 2022, through June 30th, 2077. Quarterly rent for the land is $1,824.66, at the rate of $0.12 per square foot per year (60,822 sq. ft. x $0.12/ sq. ft./year divided by four payments/year = $1,824.66). This is an application filed under AS 02.15.090(c), which allows the Department to grant the proposed lease term extension without competition.
Written comments or competing applications must be received by 5 p.m., August 19th, 2022, after which the airport manager will determine whether or not to execute the lease. Information is available from the Airport Leasing office, Fairbanks International Airport, 6450 Airport Way, Suite 1, Fairbanks, AK 99709, telephone 907-474-2549. Anyone needing special accommodations may call TDD 1-800-770-TYPE.
The department reserves the right to correct technical defects, premises description, term, or purposes and may reject any or all applications or comments.