ANCHORAGE (AP) -- The federal Bureau of Land Management has transferred nearly 10 acres of land to the Port of Anchorage.
The port had been leasing the property for $67,000 a year.
The parcel had been withdrawn for military use and the BLM began managing the land when the Air Force no longer needed it.
Congress enacted special legislation in October of 1999 authorizing its transfer to the Port of Anchorage.
That came about after the BLM completed survey work, an environmental assessment and a title search.
''This parcel will give the Port of Anchorage room to expand and provide for more efficient economic development for the whole region,'' spokesman Roger Graves said in a prepared statement.
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