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Posts published in “Economic Development”

The MSB is allowing NPI to sublet to Colaska at PORT MAC for $54,000 per year despite the fact that NPI owes the MSB $451,677 in past due property taxes

This item – NPI Update – was in the MSB manager’s notes to the Assembly dated June 9th, 2020: The MSB Manager announced in his report (which was only released to the public late last week), that NPI, which has two long term leases at the PORT, has sublet a…

The MSB wants to lease 480 acres to a private company (Renewable IPP, LLC) for a massive Solar Farm project next to the Houston Middle & High School complex

This item is on the agenda of tonight’s Mat-Su Borough Assembly meeting (June 16, 2020). The MSB wants to sign a 32 year lease (with additional renewal options) with Renewable IPP, LLC, the small company that recently set up a large Solar Farm in Willow. This new Houston solar farm…

Manager finally reveals a tiny bit of information about the “economic/mining project west of the Susitna” river

The MSB Manager, in his most recent Manager’s notes (which are dated March 10th but only released on the MSB website on March 17th), finally gave out a tiny bit of information about a mining project or potential mining project in the northern part of the borough. The manager writes…

More Info on the Fish Creek Access Project & AIDEA’s involvement but the potential private “funders” remain a secret

Summary: The Fish Creek Access Project is all about resource development. It is connected to the MSB’s ongoing but failed efforts to monetize the Port and Rail Spur and the State’s Road to Resources plans. The Fish Creek project is not really about “public access” to the northern one third…

The “Fishiest Ordinance Ever”and the Fish Creek Access Project are connected to an even fishier working group whose members include AIDEA execs, Clark Penney, and folks with ties to a private railway company (not A2A), COAL MINING, and CHINA

Remember this MatsuMuckraker post from last August? https://matsumuckraker.com/2019/08/13/the-fishiest-ordinance-ever-proposed-by-the-msb-staff/ The MSB staff proposed draining the Land Fund of millions of dollars to start working on the “Fish Creek Access Project” and fund the new Willow Library. The ordinance was very odd for several reasons. 1. The MSB is having big budget…

Port Mac had revenue of $13,816 but operating costs of almost $2 million for Fiscal Year 2019.

The newest CAFR (Comprehensive Annual Financial Report) is on the MSB’s website. This report is generally released in January each year. It is an audit and analysis of the previous fiscal year. Here are the pages for the “Port Enterprise Fund.” The MSB is valuing this asset at $28,892,167. The…

The Game of Clue

A lot of interesting stuff has been happening in the MSB this Spring. We should all try to figure out exactly what the MSB is up to because the MSB never, ever discloses an entire plan up front so people have to play a GUESSING GAME. Here are some clues:…

Iron Horse Run Subdivision – What is the real plan?

Iron Horse Run, a proposed new subdivision, is on the agenda of the upcoming Platting Board meeting.  The meeting is June 6, 2019. This is land that is currently owned by the Alaska Mental Health Trust.  It is over three thousand acres total and the Rail Spur goes through it.…