The Alaska Department of Transportation & Public Facilities proposes to lease Lot 2, Block 200, consisting of approximately 39,630 square feet (ADA-72883), at Valdez Airport for 50 years. Applicant: Premier Funding and Management. Annual rent: $6,340.80 and any other associated fees. Authorized uses: aeronautical - aircraft storage for company aircraft; Part 135 air carrier operations North Pole Helicopters; aircraft storage (non-company-owned or operated aircraft), fuel storage (Jet A and 100LL Avgas) for company use only; aircraft repair; flight school and aircraft rental; crew (member of an air carrier crew on rotation shift work only) rest accommodation for temporary overnights; pilot lounge; and fuel (Jet A and 100LL Avgas) sales to the public.

This is an application filed under AS 02.15.090(c), which allows the Department to grant the proposed lease. Competing applications or written comments must be received by 4:30 p.m., February 8, 2026, after which the Department will determine whether or not to execute the lease. The Department’s decision will be sent only to persons who submit written comment or objection or a competing application to the Department, at the address and by the date and time specified in this notice, and include their return address. Information is available from Johnna Merculief, Aviation Leasing, 2301 Peger Road, Fairbanks, AK 99709-5399, (907) 451-2849. Anyone needing hearing impaired accommodations may contact Relay Alaska at 711 for assistance.

The Department reserves the right to correct technical defects, term, or purposes and may reject any or all applications or comments.