LAND LEASE ADA-90974: NORTH KOYUKUK LLC
PUBLIC NOTICE - PROPOSAL TO LEASE STATE LAND
AT FAIRBANKS INTERNATIONAL AIRPORT
In accordance with 17 AAC 42.400(a) – The following should be published: May 31, 2024 through June 30, 2024 (30-days) in the Alaska Online Public Notice System.
NOTICE OF APPLICATION TO LEASE STATE LAND: The State of Alaska, Department of Transportation and Public Facilities (DOT&PF), Fairbanks International Airport (Airport) proposes to execute Land Lease ADA-90974, as follows: LESSEE: North Koyukuk LLC. PREMISES: Block 100, Lot 14, consisting of approximately 138,875 square feet. LEASE TERM: Fifty (50) years, beginning July 1, 2024 and ending June 30, 2074. CURRENT LEASE RENTAL RATE: The annual rent is $16,665.00 ($0.12 per square foot x 138,875 square feet). AUTHORIZED USES: Passenger and freight aircraft operations. PROPOSED TERM JUSTIFICATION: Fifty (50) year term based on Letter of Opinion citing the remaining life of the permanent improvements to be at least 55-years. This supports the request for a term of fifty (50) years, to expire June 30, 2074.
This is an application filed under AS 02.15.090(c), which allows the Department to grant the proposed lease without competition.
This file is available for review during regular business hours, Monday through Friday, at the Leasing Office of Fairbanks International Airport, located at 6450 Airport Way Stuie 1, Fairbanks, Alaska 99709, telephone 907-474-2525. Anyone needing special accommodations may call TDD 1-800-770-TYPE. Written comments must be received by 5:00 p.m., June 30, 2024 via email or letter to: kim.swenson@alaska.gov or Kim Swenson, Leasing Office, Fairbanks International Airport, 6450 Airport Way Suite 1, Fairbanks, Alaska 99709, after which the airport manager will determine whether or not to execute the land lease.
The Department reserves the right to correct technical defects in the lease language, the premises’ description, lease term, or the purposes of the lease, when to do so is in the best interest of the Department.
Date: May 31, 2024
By: ***SIGNED***
Kim Swenson, Leasing Specialist II, FAI
It is the policy of the Department of Transportation and Public Facilities (DOT&PF) that no person shall be excluded from participation in, or be denied benefits of, any programs or activities we provide based on race, religion, gender, age, marital status, ability, or national origin, regardless of the funding source including Federal Transit Administration, Federal Aviation Administration, Federal Highway Administration and State of Alaska Funds.
The DOT&PF complies with Title II of the Americans with Disabilities Act of 1990. Individuals with disabilities who may need auxiliary aids, services and/or special modifications to participate in this project should contact DOT&PF at 907-474-2500 to make necessary arrangements. Individuals with a hearing impairment can contact Relay Alaska at 711 for assistance. Requests should be made at least 5 days before the accommodation is needed to make any necessary arrangements.