Borough Proposes $2M Hospital Campus Land Acquisition
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Description
The Kenai Peninsula Borough introduced an ordinance to purchase two parcels adjacent to Central Peninsula Hospital in Soldotna for $2,030,000 and to amend its Operating Agreement with Central Peninsula General Hospital, Inc. to reflect these acquisitions. The transaction secures property for future medical campus expansion.
Contract Details
Contract Amount
$2,030,000 ($1,980,000 purchase + $50,000 due diligence/closing)
Vendor
CENTRAL PENINSULA GENERAL HOSPITAL INC
Agency
Borough of Kenai Peninsula, AK
Contract Type
OTHER
Document Date
June 8, 2026
Renewal Info
New purchase and operating agreement amendment; not a renewal.
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