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Finance committee recommends committing $6.6 million as local match for ferry float PIDP grant
Summary
The committee recommended a resolution to commit and restrict $6.6 million of matching funds for a PIDP grant application (Southeast Conference applying on DOT's behalf) to replace Skagway's ferry float; staff noted design/construction estimates around $79 million and discussed port-fund pressures.
City Manager Dietz briefed the committee on a proposed ferry float replacement project and said the Southeast Conference is applying for a Port Infrastructure Development Program (PIDP) grant on the Alaska Department of Transportation's behalf.
Dietz cited a high-level design-and-construction estimate near $79,000,000 and said a 20% match would be about $15.8 million;…
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