UAA receives $825,000 annually from IPF
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Description
UA and UAA agree that the IPF will transfer to UAA annually payments of $825,000 for thirteen (13) years, starting June 1, 2025. UALM will manage the Lake Otis & Providence parcel, and net proceeds from that will go into the IPF.
Contract Details
Contract Amount
$825,000 per year
Vendor
UNIVERSITY OF ALASKA
Agency
University Of Alaska Anchorage, AK
Contract Type
Transfer Agreement
Document Date
May 2, 2025
Contract Term
13 years, starting June 1, 2025
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