FAIRBANKS- Earlier this month, Family Centered Services of Alaska signed a letter of intent to purchase the Boys and Girls Home of Alaska. The Executive Director for F.C.S., John Regitano, says he hopes the transfer of the facility is finished by autumn. Both parties also need the state’s authorization to transfer the licenses to operate. The Boys and Girls Home of Alaska employs about 150 staff and houses about 60 teenagers. Regitano says F.C.S. will use Medicaid, private insurance, and various contracts to fund the building's operating costs. He says they’re committed to keeping the facility in the interior, one of the few that can treat severe cases of mental illness.