City of Kodiak Regular Council Meeting Agenda 2026-06-11
Matson Navigation Company Renews Pier II Warehouse Lease
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Description
Kodiak City Council renewed the Pier II Warehouse Lease with Matson Navigation Company of Alaska LLC, ensuring dedicated warehouse space and storage for maritime freight operations through 2031. The agreement includes escalating annual rent and operational requirements for continued port efficiency.
Contract Details
Contract Amount
Estimated $177,420 for first year, escalating annually through 2031
Vendor
MATSON NAVIGATION COMPANY OF ALASKA LLC
Agency
City of Kodiak, AK
Contract Type
OTHER
Document Date
June 11, 2026
Contract Term
Five years, expiring 2031
Renewal Date
2031-05-28
Renewal Info
Escalating rent from $177,420 first year, lease runs through 2031. Building owned by city, Matson responsible for routine maintenance.
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