Science Center Secures Three-Year Harbor Building Lease
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Description
The City Council approved a three-year lease with the Prince William Sound Science Center for the Old Sea Grant Building at $3,051.86 per year, with annual rent increases based on the Anchorage CPI-U index.
Contract Details
Contract Amount
$3,051.86/year, subject to annual CPI-U adjustment
Vendor
PRINCE WILLIAM SOUND SCIENCE CENTER
Agency
City of Cordova, AK
Contract Type
FACILITIES
Document Date
January 7, 2026
Contract Term
Three-year lease, starting January 2026
Renewal Date
2029-01-01
Renewal Info
Annual CPI-U adjustment to rent; lease renewable or may roll into month-to-month holdover after three years if not terminated; either party may terminate with 30 days’ notice.
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