BEST INTEREST DECISION AFFIRMED Negotiated Placer Mineral Lease – Ester & Willow Creek – Ester, AK

MHT 9400902
MH Parcels FM-0909/FM-0910

Action: Adopt the Best Interest Decision dated October 3rd, 2024, regarding the above referenced disposal as final, without modification. This decision document, combined with the Best Interest Decision dated October 3rd, 2024, constitutes the final decision on this matter, in accordance with 11 AAC 99.040.

Notice under 11 AAC 99.050. The Trust Land Office published the public notice of the decision to issue a
negotiated lease for the exploration and development of placer gold on Trust property near Ester, Alaska in the Fairbanks Daily News-Miner, on the State of Alaska’s online public notice website, and distributed the notice to Fairbanks North Star Borough the Alaska Mental Health Trust Authority, and other interested
public and private parties on October 6th, 2024.

Summary of Comments: No comments received.

Trust Authority Consultation: The Alaska Mental Health Trust Authority was consulted on this matter on
August 28th, 2024.

Modifications: As no comments were received suggesting that the Best Interest Decision dated October 3rd, 2024, should be substantively modified in any way to better serve the interest of the Trust and its
beneficiaries, the Executive Director has determined that no change shall be made to that document.

Final Decision of the Executive Director: Considering all of the above, the Executive Director of the Trust
Land Office hereby adopts the Best Interest Decision dated October 3rd, 2024, as final.

Reconsideration: Persons who submitted timely written comments during the notice period that ended
November 5th, 2024, are eligible to request reconsideration of this final best interest decision under
11 AAC 99.060(b) within 20 calendar days after publication of the notice or receipt of the final decision,
whichever is earlier. A request for reconsideration must be submitted in writing to the Executive Director.
This request must be accompanied by the fee established by the Executive Director under 11 AAC 99.130,
which has been set at $500, to be eligible for reconsideration. Before filing an appeal to the Superior Court under AS 44.62.560, a person must be eligible to request and must actually request reconsideration within the time specified above.

The Executive Director shall order or deny reconsideration within 20 calendar days after receiving the
written request for reconsideration. If the Executive Director takes no action during the 20-day period
following the request, the request is considered denied. Denial of a request for reconsideration is the final
administrative decision for purposes of appeal to the superior court under AS 44.62.560.

To view the full Best Interest Decision Affirmed, click the below link:

https://alaskamentalhealthtrust.org/wp-content/uploads/2024/11/11152024_The-Alaska-Mental-Health-Trust-Authority-Trust-Land-Off.pdf