City and Borough of Juneau Assembly Meeting Minutes February 2026
Petro 49, Inc. Awarded Long-Term Tideland Lease
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Description
The Assembly approved a 35-year lease with Petro 49, Inc. for tideland property at the National Guard Dock, authorizing negotiation of terms.
Contract Details
Vendor
PETRO 49 INC
Agency
Juneau International Airport Board, AK
Contract Type
FACILITIES
Document Date
February 9, 2026
Contract Term
35 years (2026–2061, approx.)
Renewal Date
2061-09-30
Renewal Info
Renewal of previously held lease negotiated in 1971; new lease to include CPI adjustment.
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