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Fairbanks North Star Borough to quitclaim disputed lot near Milepost 324 in $4,300 settlement
Summary
An ordinance asking the assembly to waive Fairbanks North Star Borough Code Title 20 and authorize the mayor to enter a settlement and quitclaim the borough's interest in a parcel near Milepost 324 of the Richardson Highway was presented Aug. 7 to the Assembly Committee of the Whole.
An ordinance asking the assembly to waive Fairbanks North Star Borough Code Title 20 and authorize the mayor to enter a settlement and quitclaim the borough's interest in a parcel near Milepost 324 of the Richardson Highway was presented Aug. 7 to the Assembly Committee of the Whole. The administration said it negotiated a $4,300 settlement with the property's occupant, Jeffrey Samuel, and asked the committee to forward the matter for further action.
The matter matters because a 2024 title report shows the borough as record owner based on a 1969 tax-deed foreclosure, while private parties have been paying taxes and occupying the lot for decades. The settlement, the administration said, resolves the conflicting claims and returns the property to private ownership for…
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