A Lease is an agreement granting exclusive possession or use of borough land for a specific period of time and in accordance with specific terms. (FNSBC 20.16.020)
Video courtesy of Aurora Bear LLC, FNSB Leasee
Lease Conditions and Requirements:
Leased borough land can be used for recreational, commercial or industrial purposes. Must be leased at fair market rental value rates unless for a compelling public purpose, and at the Assembly's discretion. Proposed Lessee may be required to survey the leased property at their expense. Property improvement plan that includes a schedule for proposed construction is required.
See Land Management's Fee Schedule for applicable fees HERE.
To apply for a lease, fill out and submit an APPLICATION.
Submit application and fee in person at 907 Terminal St., Fairbanks or mail to P. O. Box 71267 Fairbanks AK 99707-1267 or email to email@example.com with payment for processing.