FACILITIESAPPROVED

City of Dillingham Budget Workshop and Special Meeting Agenda Packet April 2026

City leases 412 W. 2nd Avenue to GCI

$930/month for remainder of 2025; $2,480/month for 2026; $2,575/month upon renewalCity of DillinghamGCI COMMUNICATION CORPApril 16, 2026

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Description

The Dillingham City Council approved Resolution 2026-12 authorizing a triple-net lease of the City-owned building at 412 W. 2nd Avenue to GCI Communication Corp., with rent rising from $930/month in late 2025 to $2,480/month in 2026 and $2,575/month for renewal terms. The agreement, effective back to August 1, 2025, supports continued telecommunications retail and office use of the property for up to five years and five months.

Contract Details

Contract Amount

$930/month for remainder of 2025; $2,480/month for 2026; $2,575/month upon renewal

Vendor

GCI COMMUNICATION CORP

Agency

City of Dillingham, AK

Contract Type

FACILITIES

Document Date

April 16, 2026

Contract Term

Initial backdated term August 1, 2025 – December 31, 2025; second term January 1, 2026 – December 31, 2026; up to four additional 1-year renewal options (maximum lease duration five years and five months)

Renewal Date

2030-12-31

Renewal Info

Lessee has the option to extend the lease for four additional one-year terms after the 2026 term; lease auto-renews at the end of each term unless Lessee gives 60 days’ written notice of non-renewal. Rent increases to $2,575/month for renewal periods, with maximum lease duration of five years and five months.