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0:31

Rebecca Patterson

264:11 - 264:42

“And they draw a circle, say, well, Fairbanks is only 100-and-something miles away, and in Fairbanks, that building would be $35 a square foot. So clearly, $35 a square foot is reasonable. All of you know that things in your village do not cost the same as they cost in Fairbanks, but BIA questions that right now.”
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Rebecca Patterson
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Alaska News
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From the transcript

So you're in the native village of Tanana and you come in and ask for a lease at $100 a square foot. And they draw a circle, say, well, Fairbanks is only 100-and-something miles away, and in Fairbanks, that building would be $35 a square foot. So clearly, $35 a square foot is reasonable. All of you know that things in your village do not cost the same as they cost in Fairbanks, but BIA questions that right now. So, that's, that's an issue as well, and it's going into their reasonableness assumption.

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