FACILITIESAPPROVED

City of Nome Awards Facilities Contract to Norton Sound Economic Development Corporation (August 2026)

The City of Nome approved Ordinance 26-09-01 and Amendment No. 3 to extend and expand its long-term lease with Norton Sound Economic Development Corporation for harbor property totaling about 75,572 square feet. NSEDC will pay $1 million up front for additional land and term extension to 2045, supporting local fishing industry facilities.

Document date · August 24, 2026

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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
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Scope & details

The full contract record, as filed.

Contract amount
$1,000,000 up-front lump sum for Tract A Remainder; prior lump sums of $550,000 and $555,100 referenced
Contract type
FACILITIES
Contract term
Initial term extended to August 1, 2045 plus two optional five-year extensions at NSEDC’s option
Renewal date
2045-08-01
Renewal
Initial lease term now runs through August 1, 2045 with two five-year extension options remaining; NSEDC retains a 120-day early termination option and may extend the term to as late as August 1, 2055 if both options are exercised and approved.
Document type
Agenda
Source document
Nome Common Council Agenda 2026-08-24

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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 Nome?

Norton Sound Economic Development Corporation was awarded this facilities contract by City of Nome, as recorded on August 24, 2026. The contract value is $1,000,000 up-front lump sum for Tract A Remainder; prior lump sums of $550,000 and $555,100 referenced.

How much is the Norton Sound Economic Development Corporation contract with City of Nome worth?

The Norton Sound Economic Development Corporation contract with City of Nome is valued at $1,000,000 up-front lump sum for Tract A Remainder; prior lump sums of $550,000 and $555,100 referenced, 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 Nome Common Council Agenda 2026-08-24 (Agenda), dated August 24, 2026 from City of Nome. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Norton Sound Economic Development Corporation hold?

Norton Sound Economic Development Corporation 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 Norton Sound Economic Development Corporation's profile

What is City of Nome currently buying?

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

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