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Long-Term Tidelands Lease Negotiation with Petro 49

City of Juneau logoCity of Juneau
Document date
Feb 9, 2026

The 30-second brief

What it covers

The Assembly is considering Ordinance 2026-09 to authorize the Port Director to negotiate and execute a 35-year waterfront tidelands lease of ATS 857 with Petro 49, Inc., with an option for an additional 35-year term. Rent will be set at not less than appraised fair market value and paid monthly for continued waterfront commercial activity.

Who holds it

Petro 49 Inc holds this facilities contract with City of Juneau. Its other public contracts on record include work for City of Kodiak and City of Coffman Cove.

What happens next

Term as filed: 35 years with option for one additional lease up to 35 years.

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Contract details

Contract type
Facilities
Document date
February 9, 2026
Term
35 years with option for one additional lease up to 35 years
Vendor
Petro 49 Inc
Agency
City of Juneau
Source document
City and Borough of Juneau Assembly Meeting Agenda February 2026 (Agenda)

Petro 49 Inc's other public contracts

City of Kodiak, AlaskaThree-Year Petroleum Products Contract to Petro 49 · Jul 9, 2026UndisclosedCity of Kodiak, AlaskaThree-Year Petroleum Products Contract With Petro 49 Proposed · Jun 25, 2026UndisclosedCity of Coffman Cove, AlaskaPetro 49 Alerts City to Fuel Account Credits · Mar 19, 2026City of Juneau, AlaskaPetro 49 Lease for Tidelands Parcel Rejected · Feb 18, 2026City of Juneau, AlaskaPort Director Authorized to Negotiate Petro 49 Lease · Feb 9, 2026UndisclosedAll Petro 49 Inc contractsVendor profile

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Questions about this contract

Who was awarded the facilities contract by City of Juneau?

Petro 49 Inc was awarded this facilities contract by City of Juneau, as recorded on February 9, 2026.

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 and Borough of Juneau Assembly Meeting Agenda February 2026 (Agenda), dated February 9, 2026 from City of Juneau. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Petro 49 Inc hold?

Petro 49 Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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

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