Public Notice and Best Interest Decision to Issue a Lease with Assets, Inc.

Notice is hereby given that, pursuant to the provisions of AS 38.05.801 and 11 AAC 99, the Executive Director of the Alaska Mental Health Trust Land Office (TLO) has determined that it is in the best interest of the Alaska Mental Health Trust and its beneficiaries to complete a lease of certain Trust land to Assets, Inc. The basis for this determination is explained in a written best interest decision prepared by the Executive Director pursuant to 11 AAC 99.040.

The Trust land affected by the decision is adjacent or near to the Municipality of Anchorage, and is more particularly described as:  Tract 5A according to the plat for Tracts 4B and 5A, Community Park Alaska Subdivision, recorded as plat 73-41 in the Anchorage Recording Office, 3rd Judicial District, State of Alaska, located within Section 21, Township 13N, Range 3W, Seward Meridian, containing approximately 3.0 acres, more or less (MH Parcel(s) SM-1522).

Persons who believe that the written decision should be altered because it is not in the best interests of the Trust or its beneficiaries, or because the decision is inconsistent with Trust management principles set out in 11 AAC 99.020, or any other provision of 11 AAC 99, must provide written comments on or before 4:30 PM, May 20, 2016. Comments should be submitted to the TLO at 2600 Cordova Street, Suite 100, Anchorage, AK  99503, or by fax (907) 269-8905 or email Following the comment deadline, the Executive Director will consider timely comments that question the decision on the basis of the best interest of the Alaska Mental Health Trust and its beneficiaries or inconsistency with 11 AAC 99, and the best interest decision may be changed in response to such written comments or other information. Commenting parties will be provided a copy of the final best interest decision after the end of the notice period.

Click the below link to view the entire Notice and the signed Best Interest Decision.

Public Notice and Best Interest Decision to Issue Lease with Assests, Inc.