Comment due on Mental Health Trust lease to Usibelli

Alaska’s Mental Health Trust Land’s Office is in the process of determining the issue of a ground lease of Trust land to Usibelli Coal. The approximately 95-acre parcel is located adjacent to Usibelli’s Wishbone Hill prospect near Palmer.
The stated purpose of the lease is to allow Usibelli to construct a haul road to it’s existing Wishbone Hill mine.
The terms of the lease require Usibelli to pay over$13,000 a year for the duration of 25 years for the property.
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