FAIRBANKS, ALASKA — A private company that recently took over management of housing on Eielson Air Force Base has rejected a deal that would have reduced its property tax bill.
The Fairbanks North Star Borough offered a substantial discount off the $1.8 million property tax bill. But Corvias Military Living says the proposed $580,000 payment in lieu of taxes would negatively affect service members and their families.
Borough Mayor Luke Hopkins tells the Daily News-Miner that he believes the deal is fair. The borough has had a similar deal with privatized housing on Fort Wainwright since 2009.
Corvias spokesman Mark Nettles says the company is looking for a solution with the Air Force and others.