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Lands committee holds hearing on ordinance to lease Eco Lake material site in Homer
Summary
The Kenai Peninsula Borough Lands Committee held a public hearing on Ordinance 2026-10 to authorize a competitive lease of the Eco Lake material site on East End Road in Homer; administration outlined terms including a $50,000 reserve, a five-year initial term, and a bid opening on April 28.
At 04:45 the Kenai Peninsula Borough Lands Committee held a public hearing on Ordinance 2026-10, which would authorize a competitive lease of the Eco Lake material site on East End Road in Homer.
Erin, a borough administration staff member presenting the ordinance, summarized the proposed lease terms: "Some of the general terms, a minimum reserve has been established at $50,000. Initial term is 5 years with a 5 year renewal. . . . they would be required to operate the facility for at least 90 days…
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