LAND LEASE ADA-90993: CONRAC SOLUTIONS, 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: October 16, 2025 through November 15, 2025 (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-90993, as follows:

LESSEE: Conrac Solutions, LLC. 

PREMISES: Block 2, Lot 9A, consisting of approximately 31,870 square feet, and Block 2, Lot 9B, consisting of approximately 104,426 square feet.

LEASE TERM: Thirty (30) years, beginning November 1, 2025 and ending September 30, 2055. 

CURRENT LEASE RENTAL RATE: The annual rent for Block 2, Lot 9A (Overflow Rental Car lot) is $10,835.80 ($0.34 per square foot 31,870 square feet) and the annual rent for Block 2, Lot 9B (Rental Ready Return Car lot) space is $119,045.64 ($1.14 per square foot 104,426 square feet). 

AUTHORIZED USES: Installation of a carport covering over rental car parking and premium paid public parking areas at Fairbanks International Airport. 

PROPOSED TERM JUSTIFICATION: Thirty (30) year term based on improvements. 

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 907-474-2549.  Anyone needing special accommodations may call TDD 1-800-770-TYPE.  Written comments must be received by 5:00 p.m., November 15, 2025 via email or letter to: christel.burgess@alaska.gov or Christel Burgess, 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: 10/16/2025_________

By: **Signed**_______________________________

       Christel Burgess, Chief of Leasing, 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.