Port of Alaska External Affairs Director Jim Jager said the money will go to keep the port modernization project moving forward.
ANCHORAGE, Alaska - The Alaska Legislature has come through with $200 million in funding for the Port of Alaska.
“The real problem is the docks are failing,” said Jager. “The engineers tell us that we have about until 2025 until we are going to have to start reducing the load bearing capacity on some of the docks.” Jager said the legislative money should cover the first phase of the removal — which is scheduled to begin next summer — but the money isn’t guaranteed. Gov. Mike Dunleavy still needs to sign the budget passed by the legislature, and $100 million of the funding is contingent on the city being able to secure matching federal funds.
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