This is information from the MSB’s 2015 CAFR. It lists the total amount of money allocated and spent for the Point Mac Rail Spur. These amounts, which are primarily from State of Alaska grants, total $184 million. (There were no State grants after 2015 because that is when the State…
Posts published in “Economic Development”
The MSB does not want anyone to travel on our new 32 mile unfinished “Rail Spur” which connects the Parks Highway to the Port. https://www.adn.com/commentary/article/new-alaska-rail-line-peters-out-forest-after-consuming-184-million/2016/02/02/ ^ Very informative February 2, 2016, column by Anchorage Daily News columnist Charles Wohlforth who discovered that the Mat-Su rail spur is a wonderful bike…
The Matanuska-Susitna Borough owes the Federal Transit Administration $9,287,929. This amount is the FTA’s final determination on the ferry and port project federal grant payback matter. This decision was announced in a letter dated February 7, 2017, which was signed by Robert J. Tuccillo, Associate Administrator/Chief Financial Officer for the…
http://www.frontiersman.com/news/port-vs-point/article_d7376570-f8f7-11e7-abf4-63ef0830d746.html 20180109-5202(32620680) ^ The MSB’s Motion to Intervene AGDC’s response: FERC response by AGDC