Juneau Assembly votes to approve divestment from Eaglecrest Gondola and funding for flood-prone homes buyout program

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Juneau Assembly votes to approve divestment from Eaglecrest Gondola and funding for flood-prone homes buyout program
Juneau AssemblyDivestmentGondola Project

The Juneau Assembly has approved two ordinances: the first to divest from Eaglecrest Ski Area's gondola project and the second to allocate funds towards a potential federal buyout program of flood-prone homes. Additionally, the Assembly has approved a one-time grant for summer childcare programs in Juneau.

on Monday night to vote on whether to divest from the ski area’s gondola project , approve funding toward a potential federal buyout program of flood-prone homes and approve a grant for summer childcare programs in Juneau.

• The Juneau Assembly approved two ordinances to finalize the city’s divestment from Eaglecrest Ski Area’s controversial gondola project and payafter its price tag skyrocketed to more than $37 million due to additional parts, high construction costs, and tariffs on imports. Due to compounding monthly interest on the investment, the city actually owes Goldbelt around $12.2 million. But it has roughly $2.7 million still set aside for the project, so it will pay about $9.5 million.

The money approved comes from the city’s general fund. The Assembly approved both ordinances in an 8-1 vote. Assembly member Nano Brooks voted against both ordinances, arguing he wanted the Assembly to hold off on the decision to not to deplete the city’s general fund.

• The Assembly approved an ordinance in an 8-1 vote to spend nearly $560,000 to appraise properties on View Drive in the Mendenhall Valley,Two View Drive residents testified during the meeting, both in support of the ordinance and potential buyout program. Assembly member Alicia Hughes-Skandijs voted against the ordinance, citing concerns about the city’s current financial situation.

• The Assembly also approved a one-time appropriation of $270,000 from its general fund for a grant to Southeast Childhood Collective for summer childcare programs in Juneau.investing in the expansion of childcare for school-age children in light of last year’s closure of the school district’sThe funding was approved in an 8-1 vote, with Mayor Beth Weldon casting the sole dissenting vote. She argued the grant was inappropriate in light of the other potential city service cuts and facility closures the Assembly is considering amid its budget-making process.

• Several residents testified before the meeting on non-agenda topics, including the Assembly’s current budget-making process and the city’s Telephone Hill redevelopment project.

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Juneau Assembly Divestment Gondola Project Flood-Prone Homes Federal Buyout Program Summer Childcare Programs Appropriation Ordinance Valuation Approval Tax Interest Construction Costs City's General Fund Residential Property Valuation

 

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