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By Dan Rudy 

Port commission revisits lease terms and annual rates

 


Wrangell's Port Commission examined its options for lengthier leases at the Marine Service Center during a special workshop before its Tuesday evening meeting.

The discussion has continued off and on since January, when contractor Don Sorric requested commissioners consider extending lease options for lots at the yard past the current five years. The yard currently has seven lease lots of varying sizes, with the potential for an eighth.

The reasons Sorric gave for lengthening the leases was for stability, giving leaseholders greater assurance of return on capital investments and site improv...



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