Notice is hereby given that, pursuant to the provisions of AS 38.05.801 and 11 AAC 99, the Executive Director of the Alaska Mental Health Trust Land Office (TLO) has determined that it is in the best interest of the Alaska Mental Health Trust and its beneficiaries to grant a negotiated placer mineral lease of certain Trust land to Randal Powelson, d/b/a Fox Creek Mining LLC. The basis for this determination is explained in a written best interest decision prepared by the Executive Director pursuant to 11 AAC 99.040.

The Trust land affected by the decision is located near M.P. 4 of the Elliott Highway, approximately 25 miles northeast of Fairbanks on Fox Creek and is more particularly described as: a portion of Section 19 in Township 2 North, Range 1 East Fairbanks Meridian, containing approximately 23 acres, more or less (MH Parcel(s) F20289).

Persons who believe that the written decision should be altered because it is not in the best interests of the Trust or its beneficiaries, or because the decision is inconsistent with Trust management principles set out in 11 AAC 99.020, or any other provision of 11 AAC 99, must provide written comments on or before 4:30 PM, June 6, 2016. Comments should be submitted to the TLO at 2600 Cordova Street, Suite 100, Anchorage, AK 99503, or by fax (907) 269-8905 or email Following the comment deadline, the Executive Director will consider timely comments that question the decision on the basis of the best interest of the Alaska Mental Health Trust and its beneficiaries or inconsistency with 11 AAC 99, and the best interest decision may be changed in response to such written comments or other information. Commenting parties will be provided a copy of the final best interest decision after the end of the notice period.

Please click on the following link to view the signed Public Notice and Best Interest Decision in their entirety.

Public Notice and Best Interest Decision – Powelson Negotiated Placer Lease