UAA Receives $825,000 Annual Payments for 13 Years
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Description
The IPF will transfer annual payments of $825,000 to UAA for a period of thirteen years, commencing on June 1, 2025. Concurrently, UALM will assume management of the Lake Otis & Providence parcel, with net proceeds generated from its management directed back into the IPF.
Contract Details
Contract Amount
$825,000
Vendor
UNIVERSITY OF ALASKA ANCHORAGE
Agency
University Of Alaska System Of Higher Education, AK
Contract Type
Internal Transfer Agreement
Document Date
May 21, 2025
Contract Term
13 years
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Issuing Agency
Higher Ed
Fairbanks, AK
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