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THURSDAY, DECEMBER 12, 2002

An Alaska Native regional corporation will receive a $30 million trust fund as part of an agreement with the federal government.

Koniag Inc. agreed to a 10-year conservation easement on land it owns along the Karluk River. The deal will allow limited public access to fishermen.

The agreement also gives the corporation access to the $30 million trust fund. The corporation will receive interest on the money for the duration of the 10-year term. If Koniag agrees to sell the land, it will receive the entire fund.

Get the Story:
Plan caps fishing on Karluk (The Anchorage Daily News 12/12)