A company looking to export water in bulk from Alaska to dryer climates is looking to extend its contract with Sitka for the borough’s water rights.
The Daily Sitka Sentinel reports that the Gary Paxton Industrial Park will consider a three-year extension of its current agreement with Alaska Bulk Water Inc. at the board’s meeting Thursday. The company’s three-year agreement is set to expire in December.
Alaska Bulk Water paid $1 million in 2012 to secure the rights to the water. In the agreement, the company was required to ship 50 million gallons by December of this year to retain the exclusive rights. The company has installed some infrastructure for loading water, but has yet to send a shipment out of the part.
If approved the new deal would be for $1 million.