In March, Goldbelt, Inc. offered to invest in the gondola system the City and Borough of Juneau bought from Austria for Eaglecrest Ski Area. At an assembly meeting this week, Goldbelt and the assembly hashed out what that deal would look like.
. At an assembly meeting this week, Goldbelt and the assembly hashed out what that deal would look like.
The deal lasts 25 years, and Goldbelt will take a share of the profits of ticket sales over that time, with a goal of getting $20 million back from their investment. If that takes longer than 25 years, the city and Goldbelt can extend the agreement. The proposal aims to have 75,000 visitors to the gondola in the first year. That’s about 750 tourists a day during the summer months.
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