City of Juneau Docks and Harbors Operations and Planning Committee Meeting Agenda February 2026
Petro 49 Lease for Tidelands Parcel Rejected
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Description
The CBJ Docks and Harbors Board discussed, but did not approve, a new 35-year lease for Petro 49, Inc. for a waterfront tidelands parcel, with annual rent of about $2,000 pending appraisal. No final lease was approved, leaving action to the Assembly.
Contract Details
Contract Amount
Approximately $2,000 annually (pending appraisal)
Vendor
PETRO 49 INC
Agency
Juneau International Airport Board, AK
Contract Type
OTHER
Document Date
February 18, 2026
Contract Term
35 years
Renewal Info
Proposed replacement for expiring lease; motions failed to pass for both with and without CPI escalation.
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