Competitive Commercial Lease Program
The Alaska Mental Health Trust Land Office (TLO) is now offering competitive leases on large tracts of Mental Health Trust (Trust) lands that have previously not been offered for sale or for lease. These scenic parcels are located across the Trust’s land holdings from interior to southeast Alaska the Chena Hots Springs area to Safety Cove near Ketchikan, and additional properties may be offered throughout the year, so check back frequently. Parcels selected for the Trust’s competitive lease program are conducive to commercial or recreational land uses. Trust Land Office terms allow for long term leasing.
Invitation to Bid
The Trust Land Office (TLO) is requesting proposals from qualified individuals or firms (“Proposer”) interested in leasing and developing commercial/recreational 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 and Trust Beneficiaries. The TLO manages the perpetual Trust land prudently, efficiently, and with accountability to the Trust. Best management practices ensure Trust lands are maintained, assets inventoried, and value is retained for the present and future. See below for additional information on the competitive leasing program.
About Trust Land
When created, the Alaska Mental Health Trust Authority received a million acres of land to help ensure perpetual funding for the organization and its work. The Trust uses revenues earned from its land to help support grant making, around $25 million a year, for projects and initiatives to improve the lives and circumstance of Trust beneficiaries. Trust beneficiaries are Alaskans who experience mental illness, developmental and intellectual disabilities, substance use disorders, Alzheimer’s disease and related dementia, and traumatic brain injury.
List of Properties
Below is a list of properties currently available for leasing.
Please click on the parcel for more details.
If you cannot find Trust land that meets your need under the current competitive leasing program offering please contact the TLO directly by email at MHTLO@alaska.gov or by phone at (907)-269-8658 for additional options.
Additional Information on the Competitive Leasing Process
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.