FACILITIESAPPROVED

City of Homer Awards Facilities Contract to Silver Bay Seafoods-valdez Llc (August 2026)

Homer City Council will consider approving assignment of the current 20-year ground lease for Lots 41 and 42 on the Homer Spit to Silver Bay Seafoods-Valdez, LLC, with an initial annual base rent of $69,876.96 and options for two five-year renewals. The resolution authorizes execution of all documents to complete the lease transfer.

Status
APPROVED
Document date
August 8, 2026
Contract type
FACILITIES
Vendor
Silver Bay Seafoods-valdez Llc
Agency
City of Homer · AK

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Initial annual base rent of $69,876.96
Contract type
FACILITIES
Contract term
Twenty year ground lease ending December 31, 2036, with two consecutive five-year extension options
Renewal date
2036-12-31
Renewal
Lease runs through December 31, 2036, with options for two consecutive five-year extensions; Silver Bay Seafoods-Valdez, LLC would assume these options upon assignment.
Document type
Agenda
Source document
City of Homer City Council Regular Meeting Agenda 2026-08-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Homer?

Silver Bay Seafoods-valdez Llc was awarded this facilities contract by City of Homer, as recorded on August 8, 2026. The contract value is Initial annual base rent of $69,876.96.

How much is the Silver Bay Seafoods-valdez Llc contract with City of Homer worth?

The Silver Bay Seafoods-valdez Llc contract with City of Homer is valued at Initial annual base rent of $69,876.96, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Homer City Council Regular Meeting Agenda 2026-08-10 (Agenda), dated August 8, 2026 from City of Homer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Silver Bay Seafoods-valdez Llc hold?

Silver Bay Seafoods-valdez Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Silver Bay Seafoods-valdez Llc's profile

What is City of Homer currently buying?

Explore City of Homer's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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