Cathy Giessel
102:36 - 103:20
“this is a $14 million annual income to the state treasury if this land were leased. Instead, it's going free to Ada. We don't know what Ada is going to gain financially from this land.”
- Speaker
- Cathy Giessel
- Timestamp
- 102:36 – 103:20
- Community
- Alaska News
- Location
- Alaska
- Captured at
- October 26, 2026
From the transcript
So that has raised a lot of concern, and I think that may be some of the motivation for the public comments that you are getting. That is certainly a concern that I have when I look at this 20,000 acres, just because it is the largest one, and as I have commented before, if I take the lease that the University of Alaska Lands Office places on their land, which is $708 per acre, approximately. This is a $14 million annual income to the state treasury if this land were leased. Instead, it's going free to Ada. We don't know what Ada is going to gain financially from this land.
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