Economy & Business
RSSEconomy & Business in Alaska is the mix of government decisions, contracts, grants and private projects that shape the state's economy. It covers municipal budgets, infrastructure and airport planning, federal grants and contracts, employment trends, and energy development across Alaska.
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Thursday, Oct 15
Planners say Anchorage's capital budget isn't strongly tied to its growth plan
Anchorage planners say the city's capital budget isn't strongly tied to its growth plan. Since 2017, 1% of Bowl development landed where the plan wanted most.

State ends maintenance on the Taylor and Top of the World highways and McCarthy Road until May
The state stops maintaining four remote roads Thursday, including the only road into McCarthy. Until May, the traffic is snowmachines and dog teams.

Draft study backs regional co-ops for rural Alaska tank farms, comments due Friday
A draft study says rural Alaska tank farms should team up in regional co-ops to save money. Comments are due Friday, so speak now or hold your diesel.

State renews Usibelli's Healy coal permit, raises cleanup bond to $7.7 million
Two Bull Ridge's coal pits near Healy are nearly done. The state renewed the permit for five years and bumped the cleanup bond 42%, to $7.7 million.

Anchorage weighs Eklutna water deals after utilities decline to back its bid for a vote
Anchorage tied its Eklutna water deals to Chugach and MEA backing its bid for a hydro vote. They declined, and the mayor wants the deals approved without it.

State gives DOT Matanuska riverbed to armor the Old Glenn near Palmer
The Matanuska keeps eating the bank along the Old Glenn near Palmer, so the state gave DOT 65 acres of river bottom to fight back with rock. Indefinitely.

Kenai commission rejects family RV campground permit on Tundra Rose Lane, 4-1
Kenai's planning commission voted 4-1 to deny Nicole and David Smith a permit for a family RV park on Tundra Rose Lane, citing traffic and neighborhood character concerns.

Anchorage planners back an 8-foot Girdwood fence near the Holtan Hills entrance
A Girdwood homeowner wants an 8-foot fence where code allows 4, citing Holtan Hills construction traffic. City planners say yes. A neighbor worries about moose.

More from Economy & Business
Southcentral Foundation seeks business zoning for 4.3 acres on Alaska Native Health Campus
Southcentral Foundation wants two Tudor Centre Drive lots on the Native health campus rezoned for business. It says no redevelopment is planned.

Wednesday, Oct 14
Borough to decide on merging 17 Salcha lots a planner ties to a possible resort
A landowner wants to turn 17 Salcha lots into one 38-acre parcel, and a borough planner says the land is understood to be headed for "some sort of resort."

Air Guard rescues pilot with minor injuries after plane crash near Friday Creek
The Air Guard has flown four pilots out of crashes north of Anchorage since Sept. 10, two of them near Friday Creek, which is having a rough fall.

Kenai planners approve two Woodland Subdivision short-term rentals, one 3-2
Kenai OKs two Airbnbs in the Woodland Subdivision. Ash Avenue neighbors of 41 years lost 3-2, and one says she'll be back to oppose every permit.

Gasoline pushes U.S. prices up as Alaska diesel runs 61% above a year ago
U.S. prices rose 0.6% in September, more than half of it from gas. In Alaska, the bigger number is diesel: $2.48 a gallon more than a year ago.

Fairbanks job fair Oct. 29 brings 27 employers, from Doyon and the FAA to Panda Express
Fairbanks job seekers can meet 27 employers in one room Oct. 29, from Doyon and the FAA to Panda Express and Jiffy Lube. Bring a résumé, and a firm handshake.

Planners back a permanent permit for Linda's Place shelter as neighbors raise concerns
City planners say Linda's Place should be a permanent shelter. The city and the shelter's paperwork give different schedules for its security walks.

Anchorage officials want to keep private plan review rules but warn of a conflict
Nearly all new homes in Anchorage's building safety area get plan checks from private reviewers. Officials want the rules kept but warn contractors pick them.

About Economy & Business
Economy and business in Alaska is the mix of government decisions, contracts, grants and private projects that shape the state's economy. It is the broad subject that holds narrower topics such as business, energy, oil and gas, mining, aviation and tourism.
Much of it runs through public bodies, with municipal assemblies approving contracts and planning decisions, state agencies leasing land and selling gravel and rock, and AIDEA lending to industry. Recurring questions concern infrastructure such as harbors, airports, roads and water and sewer lines, along with housing and zoning rules, energy supply, labor contracts, federal grants and military construction.
Its decisions reach every part of the state, from Anchorage and the Mat-Su to Kodiak, Cordova, Haines and the North Slope. Federal and military spending, resource development and Alaska Native corporation ventures all feed into the economy.
More from Economy & Business
Juneau weighs Kensington mine rock and charter use for North Douglas ramp
Juneau may study building a bigger North Douglas boat launch from Kensington mine waste rock, and ask whether charter boats and tour buses should use it.

Anchorage Assembly approves Tozier Tract land swap with nonbinding housing targets
Anchorage agreed to trade the Tozier Tract, land it spent decades trying to get, for four downtown parking lots. Its housing targets are only recommendations.

North Slope Assembly backs next step for roads linking three Slope communities
The North Slope Assembly backed moving roads to link Utqiaġvik, Atqasuk and Wainwright toward review. The mayor wants them paid for alongside an oil-area road.

Golden Valley lifts first energy emergency alert, warns supply problems will continue
Golden Valley's first-ever energy emergency is over. A unit outage Monday left the co-op with one generator of backup; by Wednesday it was back to normal.

After ending builder's contract, Mat-Su weighs $573,155 to finish Academy Charter design
Mat-Su terminated the contractor on Academy Charter's new high school in August. Now it wants to pay the designer $573,155 to finish the job's plans.

Cordova Planning Commission approves permit for rental cabin built without a permit
Cordova commissioners approved a permit for a rental cabin built without one. Owners must connect to city utilities by Nov. 2 and fix unapproved septic systems to keep the structure standing.

Kodiak Electric's 20-year Coast Guard energy contract is worth $31.3 million
Kodiak's electric co-op will upgrade the Coast Guard base's heat, lights and water over 20 years. Price tag: $31.3 million. Competition: none possible.

Petro Marine seeks state water quality sign-off to rebuild its Ketchikan fuel dock
Ketchikan's only fuel supplier, by its own account, wants to rebuild its aging Tongass Narrows dock. First it needs DEC to sign off on water quality.

Mat-Su Assembly weighs $2.5 million grant to refrigerate the ice at Big Lake rink
Mat-Su Assembly holds a hearing Oct. 20 on accepting $2.5 million to refrigerate Big Lake Lions rink's ice. A week of 45 degree weather can melt the natural ice now, pushing teams elsewhere.

Tuesday, Oct 13
Juneau seeks new purpose for stalled $1 million tourism loan fund
Juneau set aside $1 million in cruise fees for clean-tech loans to tour operators, then couldn't figure out how to lend it. Now it's asking for ideas.

Wasilla man wins a federal design patent for his fish bonker after a 3½-year wait
Wasilla's Cody Christopher now holds a federal design patent on his fish bonker, protecting the club's look for 15 years after a 3½-year wait.

Copper Valley's first 20-year transportation plan lists $848 million in projects
The Copper Valley has no city or borough government, so its planning group wrote the region's first 20-year transportation plan. Comments are due Nov. 6.

Two regulators object as RCA lets Fairbanks, Juneau power cost cuts stand
Regulators let lower power cost charges in Fairbanks and Juneau stand. Two commissioners objected, saying they belong in the utilities' pending rate cases.

State proposes giving ENSTAR, not Hilcorp, a lease to store natural gas beneath Kenai
The state is leaning toward ENSTAR, not Hilcorp, to store gas under Kenai, saying Hilcorp turned in about a quarter of the data it asked for. It's not final.

Trump says Taiwan will buy 30% of Alaska LNG gas, the share in a 2025 letter
Trump and Lutnick say Taiwan will buy 30% of Alaska LNG's gas and invest $4.4 billion. The 30% matches a nonbinding letter Taiwan signed 19 months ago.

Kodiak planning commission set to decide Oct. 21 on Beaver Lake land sale
Kodiak's planners still say keep the Beaver Lake land as open space. The commission punted in September, decides Oct. 21, and said no to a similar sale in 2019.

Kenai accepts $3.1 million FAA grant for new airport perimeter and security fence
Kenai City Council accepted a roughly $3.1 million FAA grant for a new perimeter and security fence at the airport. The city covers about $154,000, with QAP as contractor.

ConocoPhillips seeks five more years of North Slope off-road travel; comments due Friday
ConocoPhillips wants to keep driving and building ice roads on state land on the North Slope for five more years. Its current permit expires Dec. 17.

Alaska small businesses can apply for up to $10,000 to break into foreign markets
Alaska small businesses trying to sell overseas can get up to $10,000 back for trade shows, sales trips abroad and translated websites. Washington's paying.

Board of Game moves Ambler Road hunting closure up to a Nov. 20 web conference
The Board of Game shelved the Ambler Road hunting closure until its January meeting in Kotzebue. Now it's Nov. 20, online, with no testimony taken.

NovaGold sets Nov. 3 vote on owning all of Donlin; filing details a dropped three-way deal
Shareholders vote Nov. 3 on putting all of Donlin Gold under one company, nearly 40% owned by Paulson's firm. The filing details a 3-way deal that fell apart.

Juneau aging commission chair says paratransit must improve now or change contractors
Juneau's aging commission chair says time is running out for the city's paratransit service: fix it now or hand the contract back to the old provider.

Chugach could build Milrem's unmanned military vehicles in the US under a new agreement
hugach could start building military robots in the U.S. for an Estonia-based maker. So far it's a memorandum, with no site, timeline or price tag.

Overturned truck closes Parks Highway at Milepost 183
An overturned commercial truck closed the Parks Highway in both directions at Milepost 183 early Tuesday. The closure is expected to last until around midday, state transportation officials say.
