Trust Land Office 2020 Land Sale Now Underway
The Alaska Mental Health Trust Land Office’s 2020 Fall Land Sale Auction is underway, with final bids due November 16, 2020 at 4:30 p.m. This year’s land sale auction includes forty-seven parcels in locations across Southcentral, Southeast, and Interior Alaska that will be sold to the highest bidder. Revenue generated from land sales will help fund programs and services that support Trust beneficiaries across the state.
The 2020 sale includes unique parcels on the road system and in remote locations, as well as island, river, ocean, and lakefront parcels. Photos, maps, survey details, parcel access, and additional information including the minimum bid is available for each parcel on the Trust land auction webpage: https://alaskamentalhealthtrust.org/trust-land-office/land-sales/fall20/
“The Trust’s annual land sale auction not only generates revenue to support Trust beneficiaries, it provides an opportunity to own a piece of Alaska,” said Wyn Menefee, Trust Land Office Executive Director. “Each year our Lands team puts forth some great offerings for the sale, and this year is no different. We have parcels conducive to uses ranging from recreational, to residential, and commercial.”
Policies and procedures for placing a bid can be found on the land sale auction webpage referenced above. Following the bid acceptance period, sealed bids will be opened on Wednesday, November 18 at the Trust Land Office. Purchasers may elect to either make a lump sum payment for payoff or eligible purchasers may use TLO financing.
The land sale auction includes parcels in/near:
Little Tutka Bay
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Alaska Business has been celebrating the corporations that have a significant impact on Alaska’s economy since 1993. At the time, the corporations weren’t ranked as the list didn’t have specific ranking criteria. Instead, the Alaska Business editorial team held long, detailed, and occasionally passionate discussions about which organizations around the state were providing jobs, owned or leased property, used local vendors, demonstrated a high level of community engagement, and in general enriched Alaska.