The Juneau Assembly tonight (Monday) is expected to approve an ordinance authorizing up to $29 million dollars in Port Revenue bonds.
That’s just a portion of the total cost needed to complete two floating Panamax cruise ship berths on the downtown waterfront.
The bonds would be issued for 19 years. The debt on them would be paid with a portion of the CBJ’s Port Development Fee.
The entire project is estimated at $88.1 million dollars, with just under $60 million of it coming from the local and state fees charged to cruise lines.
The Assembly meets at 7 o’clock and can be heard live on KTOO-FM.
- The Central Council of Tlingit and Haida Indian Tribes of Alaska has a new target date for opening its cultural immersion park at the old Thane Ore House. Last year, Central Council officials had hoped it would open this summer. Now, they’re shooting for 2018, after the Juneau Assembly approved a 1.2-acre land lease making it possible Monday evening.
- William Quayle, Jr. is running for the District 1 Juneau Assembly seat. The municipal election is Oct. 4.
- Winds of that speed can uproot trees, knock branches down and damage property, including vessels and aircraft moored and tied down outdoors.
- The aurora borealis, more commonly known as the Northern Lights, were visible in much of Southeast Alaska late Wednesday and early Thursday. Share your Northern Lights photos with us.