DISPOSAL OF AN INTEREST IN MUNICIPAL TRUST LAND IN SOUTH NAKNEK, ALASKA

The State of Alaska, Department of Commerce, Community, and Economic Development, is proposing to renew and amend a land lease to Bristol Bay Borough for a sanitary landfill on municipal trust land in South Naknek, Alaska. The lease will be for a 55-year term, and the fair market value requirement will be waived. The public is invited to comment on the proposed action. Key aspects of the job include: • The lease is for a sanitary landfill on municipal trust land in South Naknek, Alaska. • The lease term is 55 years. • The fair market value requirement is waived. • The public is invited to comment on the proposed action. • The lease is for a specific parcel of land, described in Appendix A. • The lessee has the right to use the surface estate for sanitary landfill purposes. • The lessee must notify the lessor in writing if the land is no longer being used for sanitary landfill purposes.