![]()

CITY OF VALDEZ, ALASKA
RESOLUTION 126-21
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VALDEZ, ALASKA, AUTHORIZING A LEASE WITH COLVILLE, INC. FOR AN APPROXIMATELY 1.9 ACRE PORTION OF PARCEL A ATS 564 (1940 MINERAL CREEK LOOP ROAD) OWNED BY THE CITY OF VALDEZ
WHEREAS, the property is zoned light industrial which allows for trucking operations; and
WHEREAS, the Planning and Zoning Commission voted to approve a recommendation to approve this lease on March 25, 2026;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VALDEZ, ALASKA, that:
Section 1. The City Manager or their designee is authorized to execute a new lease for an approximately 1.9 acre portion of Parcel A ATS 564 (1940 Mineral Creek Loop Road) with Colville, Inc.
Section 2. The term of this lease will be for seven years.
Section 3. The rental fee shall be 10% of appraised value annually. Pursuant to the City of Valdez 2005 Property Management Policies and Procedures, a phase I environmental assessment will be completed for the property at the cost of the lessee.
Section 4. The use of the property is for maneuvering and turning around long combination vehicles.
Section 5. In conformance with Valdez Municipal Code Section 4.08.160 this lease shall not become effective until public notice has been given for at least thirty days. This resolution shall be posted twice in a newspaper in the city and shall be posted on the official city bulletin board and two other public places in the city for thirty days prior to the effective date of the lease.
