Citing coronavirus disaster, Alaska’s investment authority wants to bypass regulations to fund Ambler Road Project

Tom Boutin, executive director of the Alaska Industrial Development and Export Authority, fields questions during a House Commerce, Community and Economic Development Finance Subcommittee meeting in the state Capitol in Juneau on Feb. 4, 2020. Legislators were asking him about a no-bid contract he awarded to a relative of a prominent financial donor to Gov. Mike Dunleavy. (Photo by Skip Gray/KTOO)

That would allow them to put $35 million into the a fund that could later benefit the Ambler Road Project, which they’re also scheduled to vote on.

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