Price tag on LIO sale: $37M

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Owners of the contentious Legislative Information Office in downtown Anchorage have offered to sell the building for 37 million dollars, plus additional closing costs. The developer says the sale would save the state $2,052,000 over the next nine years of the existing lease, and eliminates the potential for lawsuits if legislators walk away from the agreement.
Terms of the deal are detailed in an October 9th letter sent from Mark Pfeffer to Doug Gardner of the Alaska Leg