Petro 49 Inc. 35-Year Waterfront Lease Proposed
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Description
The City is moving to negotiate and execute a new 35-year tidelands lease with Petro 49, Inc. for waterfront commercial activity adjoining the National Guard Dock. The proposal follows appraisal and board review.
Contract Details
Vendor
PETRO 49 INC
Agency
Juneau International Airport Board, AK
Contract Type
OTHER
Document Date
January 12, 2026
Contract Term
35 years
Renewal Date
2061-09-30
Renewal Info
Existing lease, negotiated in 1971 by the State of Alaska, expires September 2026. New lease proposed for 35 years with appraisal update required.
More from PETRO 49 INC
More from Juneau International Airport Board
Airport Board Agenda May 14, 2026
City and Borough of Juneau Regular Assembly Meeting Agenda May 2026
City and Borough of Juneau Regular Assembly Meeting Agenda May 2026
City and Borough of Juneau Regular Assembly Meeting Agenda May 2026
City and Borough of Juneau Regular Assembly Meeting Agenda May 2026
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