Borough to begin land exchange negotiations

 

December 6, 2018

Brian Varela / Petersburg Pilot

Petro 49 hopes to trade borough owned land shown above for a warehouse and land across the street formerly owned by unocal.

In a 4-3 vote, the borough assembly gave permission to the borough manager to begin land exchange negotiations with Petro 49, Inc.

At 703 S. Nordic Dr., Petro 49, Inc. owns borough land that includes a small warehouse and covered loading dock and office. Petro 49, Inc. leases borough land at 100 Dock St. and 902 S. Nordic Dr. that includes a warehouse and gas station that is being subleased. Petro 49, Inc. wants to trade their owned land for the borough's land that they lease.

"I've been kicking this can down the road for like a year and a half since I was originally appointed to the assem...



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