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Assembly asked to approve disposal of Kodiak Fairgrounds property so manager can negotiate new lease with rodeo and fair nonprofit
Summary
The borough manager asked the Assembly to declare the Kodiak Fairgrounds surplus to borough needs and direct negotiations on a 25‑year lease with Kodiak Rodeo and State Fair Incorporated; staff provided a draft lease and assembly members requested fair‑market valuation disclosures for budget transparency.
Borough staff asked the Kodiak Island Borough Assembly on Thursday to consider disposing of a parcel commonly known as the Kodiak Fairgrounds so the manager can negotiate a new long‑term lease with Kodiak Rodeo and State Fair Incorporated.
Manager Amy Williams said the fairgrounds property has been under a 55‑year lease assumed from the state and that the existing lease expires Nov. 3, 2025. The lessee has requested a new lease; to proceed the borough must first consider disposal under borough code. The planning and zoning commission reviewed the…
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