borough-of-petersburg-meeting-agenda-2024-12-16_f66.pdf
Assembly Advances Land Sale to Skylark Park LLC
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Description
The Assembly authorized the Borough Manager to begin direct negotiations to sell seven Borough-owned lots to Skylark Park LLC for $55,500, advancing an affordable housing development project. Final contract details are pending Assembly approval.
Contract Details
Contract Amount
$55,500 (50% of appraised value for 7 Borough-owned lots)
Vendor
SKYLARK PARK LLC
Agency
Borough of Petersburg, AK
Contract Type
OTHER
Document Date
December 16, 2024
Renewal Info
Sale process initiated by direct negotiation, final contract and ordinance to be presented at a future Assembly meeting; no renewal applicable.
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