university-of-alaska-system-of-higher-educationagenda2022-02-17_3d6.txt

Lease extension between University of Alaska and Great Northwest, Inc. authorizing mining and commercial business activities located north of College Road in Fairbanks. This lease extension will extend the term for an additional five years through January 31, 2027. Total lease rents and royalties expected to be collected through January 31, 2027 are estimated to be $1,068,238.