Description
The City and Borough of Sitka is soliciting proposals to lease and develop Lot 16B (approximately 20,135 sq ft) within the Gary Paxton Industrial Park. The selected proposer will enter a long‑term lease (up to 25 years) and must commence development within 6 months of lease start and achieve substantial completion within 24 months. The lease rate is set at 9 % of the appraised land value (~$8,600 per year) with annual CPI adjustments and periodic re‑appraisals. The project requires securing utility connections, a driveway permit, storm‑water management, and compliance with local zoning and environmental regulations.