Kenai Peninsula Borough Agenda 2026-05-05
Borough Considers Communications Site Lease with GCI in Beluga
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Description
Kenai Peninsula Borough is considering a five-year lease agreement with GCI Communication Corp. to continue the company's use of a communications tower site in Beluga. The lease sets rent at $2,000 per month with annual 3% increases.
Contract Details
Contract Amount
$2,000 per month ($24,000 annually), adjusted 3% annually
Vendor
GCI COMMUNICATION CORP
Agency
Borough of Kenai Peninsula, AK
Contract Type
LEASE
Document Date
May 5, 2026
Contract Term
Five years with renewal options
Renewal Info
Five-year lease with renewal options; annual rent escalation at 3%. GCI in holdover tenancy since previous permit expired in 2020.
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