Borough Weighs Sale of Tidelands to Kaer
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Description
The Borough is considering authorizing the sale of leased tidelands Lot 2, Block 84B to current leaseholder Richard Kaer at an appraised value of $70,700. The property, long used as a commercial dock for Breakwater Seafoods, has received favorable recommendations from the Port and Planning & Zoning Commissions.
Contract Details
Contract Amount
$70,700 appraised value
Vendor
KAER, RICHARD
Agency
City of Wrangell city and, AK
Contract Type
FACILITIES
Document Date
May 12, 2026
Renewal Info
If approved, the action will transition Tidelands Lease No. 31, which runs through 2054, into fee ownership by Richard Kaer; a subsequent resolution will finalize conveyance terms.
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