OTHERAPPROVED

Nikolaevsk School Property Conveyed to Alaskan Homestead Education

The Assembly approved conveyance of the former Nikolaevsk School property to Alaskan Homestead Education, Inc. for $2,000,000 in annual installments at 6% interest, with payments deferred and ultimately forgiven if the site is used for K‑12 public school purposes for ten years. The agreement includes a 120‑month use covenant and potential reversion of title to the borough.

Status
APPROVED
Document date
July 7, 2026
Contract type
OTHER
Vendor
Alaskan Homestead Education Inc
Agency
Borough of Kenai Peninsula · AK

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WithersRavenel logo
Derivita logo
Comcate logo
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IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$2,000,000 payable in annual installments with 6% interest
Contract type
OTHER
Contract term
120 months (installment and covenant period)
Renewal
Deed covenant and installment arrangement run for 120 months, with annual payments deferred and forgiven contingent on continuous K‑12 public school use; AHE must execute purchase agreements within 180 days of ordinance enactment.
Document type
AgendaPacket
Source document
Kenai Peninsula Borough AgendaPacket Meeting Agenda 2026-07-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Borough of Kenai Peninsula?

Alaskan Homestead Education Inc was awarded this government contract by Borough of Kenai Peninsula, as recorded on July 7, 2026. The contract value is $2,000,000 payable in annual installments with 6% interest.

How much is the Alaskan Homestead Education Inc contract with Borough of Kenai Peninsula worth?

The Alaskan Homestead Education Inc contract with Borough of Kenai Peninsula is valued at $2,000,000 payable in annual installments with 6% interest.

What type of contract is this?

This is a government contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Kenai Peninsula Borough AgendaPacket Meeting Agenda 2026-07-07 (AgendaPacket), dated July 7, 2026 from Borough of Kenai Peninsula. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Alaskan Homestead Education Inc hold?

Alaskan Homestead Education Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Alaskan Homestead Education Inc's profile

What is Borough of Kenai Peninsula currently buying?

Explore Borough of Kenai Peninsula's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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