Alaska Department of Commerce, Community & Economic Development

07/08/2025 | Press release | Distributed by Public on 07/08/2025 02:22

DISPOSAL OF AN INTEREST IN MUNICIPAL TRUST LAND IN KOKHANOK, ALASKA 30-0714 PUBLIC NOTI...

DISPOSAL OF AN INTEREST IN MUNICIPAL TRUST LAND IN KOKHANOK, ALASKA

30-0714

PUBLIC NOTICE

RENEWAL AND AMENDMENT NO. 2 OF PUBLIC AIRPORT LEASE

ON MUNICIPAL TRUST LAND IN KOKHANOK, ALASKA

BY THE MUNICIPAL LANDS TRUSTEE

In accordance with AS 44.33.755 and 3 AAC 190-410 - .460, the Municipal Lands Trust Officer, acting on behalf of the Commissioner of the Department of Commerce, Community, and Economic Development, as trustee for the future city in Kokhanok, Alaska, approves the renewal and amendment of the Public Airport Lease issued to the Alaska Department of Transportation and Public Facilities.

This renewal and amendment of the Public Airport Lease dated May 5, 2005, as amended, will update the legal description to include all airport property located municipal trust lands, combining two separate lease agreements under one lease. It waives the fair market value requirement pursuant to 3 AAC 190.460(1) as the airport serves a public purpose. It also updates the notice section with current contract information. The renewal term is for an additional 55 years continuing from the expiration date of the original 2005 issued lease.

This notice is being posted and published in accordance with the requirements of 3 AAC 190.420 and .910. This approval becomes final upon the expiration of 30 days following the publication of this notice, or after 30 days of continuous posting of this notice, whichever is later.

The issuance of the renewal and amendment by the State of Alaska is subject to approval by the Appropriate Village Entity, the Kokhanok Village Council.

The public is invited to comment on the proposed amendment.

Please submit comments to:
Municipal Lands Trustee Program
Attn: Chris Grundman550 West 7thAve Ste 1650 Anchorage, AK 99501
Phone: 907-269-4548 Fax: 907-269-4539 Email: mlt@alaska.gov

Comments are due no later than 5:00 p.m. on Thursday, August 7, 2025.

Following the comment deadline, all responses will be reviewed and the Commissioner's decision on this matter may be modified as a result of information received.

Attachments: 1) DRAFT Renewal and Amendment No. 2 of Public Airport Lease (6 Pages)
2) Kokhanok Airport - Airport Property Map, Dated 05/30/2025 (4 Pages)

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