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.
- President-elect Donald Trump’s nominee to head the Interior Department sat for a confirmation hearing today, chaired by U.S. Sen. Lisa Murkowski. She used the opportunity to condemn the Obama administration for its many resource protections in Alaska.
- Jason Coday was ordered to serve a combined sentence of 101 years in prison for the murder of 26-year-old Simone Kim in August 2006.
- The 32nd annual Legislative Welcome Reception will be held from 5 to 6:30 p.m. at Centennial Hall. The event is free and The Prospector Hotel will provide food.
- Dozens of canines howl in John Hanson Jr.’s dog yard, excited by the sound of a snow machine pulling up to the kennel.