University of Alaska v. Simpson Building Supply Company

OPINION

RABINOWITZ, Chief Justice.

Simpson Building Supply Company (hereinafter Simpson Building) filed suit to establish a materialman’s lien against certain property owned by the University of Alaska. This appeal arises from the superior court’s entry of a summary judgment which validated Simpson Building’s materialman’s lien and ordered the lien foreclosed.

In May of 1970, the University of Alaska executed a commitment to lease a portion of its off-campus lands, known as the Yak Pasture, to a corporation to be established by the Atlantic Richfield Company. Thereafter, in contemplation of this…