Competitive Recreation Lease Offerings will be offered through an open bidding process determined at the time of offering and will be similar in nature to the TLO’s competitive land sale program.  It is designed to dispose of, through a lease, subdivided lots and small parcels that do not lend themselves to other types of commercial or resource development.  The parcels will be leased to the highest qualified bidder after submission of sealed bids to the TLO.  The minimum bid is the annual fee for the lease and will be determined as a percentage of the appraised value for each parcel.

For a Competitive Commercial Lease Offering, the TLO is requesting proposals from qualified individuals or firms interested in leasing and developing commercial projects on land owned by the Trust.  The goal of this Invitation to Bid (ITB) to lease land is to ensure that the leased properties are responsibly developed and managed for highest and best use and for the long-term benefit of the Trust.  The ITB contains items such as the method to submit a proposal, submittal requirements, evaluation criteria, and draft lease agreement.  The competitive nature of the lease sale is through the ITB and selections done through evaluation of the project proposal and annual rent payment, and will include a 30-day public notice period announcing that an initial proposal and bid was received and solicit any interested party to submit a competing proposals to meet the intent of 11 AAC 99.020. Proposals may be rejected if deemed unsuitable or not in the best interest of the Trust or it’s beneficiaries.

Parcels that fail to be awarded in a competitive lease offering may be leased through an over the counter process, negotiated process, reoffered in a future commercial or recreation lease offering, or sold through an over the counter, competitive, or negotiated sale process

View a Sample Lease Agreement here.