Public Notice of Decision to Issue Negotiated Sale – Fairbanks

MHT 9400897

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 Negotiated Sale of certain Trust land to the Compatible Lands Management, a Limited Liability Company. 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 near Fairbanks, Alaska, and is more particularly described as: T. 003 S., R. 003 E., Fairbanks Meridian, Alaska. Section 15: SW1/4NE1/4, W1/2SE1/4; containing 120.00 acres, more or less, according to the Survey Plat accepted by the United States Department of the Interior, General Land Office in Washington, D.C. on April 30, 1936 (MH parcel FM-0596) and T.003 S., R.003 E., Fairbanks Meridian, Alaska. Section 15: Tract A of Alaska State Land Survey No. 84-63, Eielson II Agricultural Subdivision; containing 235.00 acres, more or less, according to the Survey Plat filed in the Fairbanks Recording District on October 8, 1991, as Plat 91-82 (MH parcel FM-0597).

Persons who wish to submit a qualified competing offer as described in Section XIII of the best interest decision, believe that the written decision should be altered because it is not in the best interest 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 September 30, 2025. Qualified competing offers and/or Comments should be submitted to the TLO at 2600 Cordova Street, Suite 201, Anchorage, AK  99503, or by fax (907) 269-8905 or email mhtlo@alaska.gov. 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.

To be eligible to file for reconsideration of the best interest decision, or to file a subsequent appeal to the Superior Court, a person must have submitted written comments during the notice period. Eligible persons will have twenty (20) calendar days after published notice of or receipt of the final written decision to request that the Executive Director reconsider the decision under 11 AAC 99.060(b). Copies of the written decision are available at the Trust Land Office, or at https://alaskamentalhealthtrust.org/trust-land-office/.  If you have any questions concerning this action, please contact the Trust Land Office at (907) 269-8658. In compliance with the Americans with Disabilities Act, the Alaska Mental Health Trust is prepared to accommodate individuals with disabilities. Please contact the Trust Land Office at (907) 269-8658 for assistance. Requests for assistance must be received at least 96 hours prior to the comment deadline in order to ensure that any necessary accommodations can be provided. The Executive Director of the TLO reserves the right to waive technical defects in this notice or to amend, postpone, or vacate the best interest decision.

To see the full Best Interest Decision and Public Notice Combined please click the below link:

https://alaskamentalhealthtrust.org/wp-content/uploads/2025/08/Best-Interest-Decision-and-Public-Notice-Combined.pdf