ContractLease Agreement • August 31st, 2021
Contract Type FiledAugust 31st, 2021The University of Alaska (“University”) intends to lease, at fair market value, its remnant 2.5-acre parcel along Trunk Road located west of the University of Alaska Fairbanks (“UAF”) Matanuska Experiment Farm in Palmer, Alaska. The location of this parcel is further described as being within the E1/2NW1/4 of Section 15, Township 17 North, Range 01 East, Seward Meridian, within the Matanuska-Susitna Borough. In 2008, the development of the Trunk Road right-of-way bisected the University’s property creating this 2.5-acre parcel with extensive road frontage.