City Agrees to Rent Hike at Borough Building

Maggie Wall/KMXT

The Kodiak Island Borough and the City of Kodiak will continue in a landlord tenant situation for another five years at least.

At the July 28 regular council meeting, the city council authorized a lease with the borough for the city’s offices in the borough building.

City Manager Aimee Kniaziowski said there wasn’t a lot to dicker over in terms of the price increase because the 15-cent per square foot increase primarily reflects the rise in fuel and utility costs. The new lease raises the rate from $2.05 per square foot to $2.20 per square foot.

The lease also includes use of the borough assembly chambers and conference room.

The five-year lease runs until June 2016.