Don Young Port of Alaska in Anchorage
Don Young Port of Alaska in Anchorage

Anchorage Assembly votes to secure expanded port terminals, financed partially with higher tariff

Published: August 1, 2023

By Zachariah Hughes
Anchorage Daily News

Members of the Anchorage Assembly, with the backing ofMayor Dave Bronson’s administration, passed two important measures this week related to the modernization project at the Port of Alaska.

The first ordinance affects the design of the port’s two cargo terminals, which are on track to be built out for maximum utilization in the coming decades. The second vote increased tariffs charged for products coming into the port, with the extra money intended to go specifically toward the modernization project and ensure greater financing options, as officials continue pulling together funds for the infrastructure overhaul from a range of sources.

Taken together, the measures are two big steps forward for longstanding efforts to overhaul the eroded and outdated port, through whichflow enormous volumes of the fuel, food and supplies that Alaskans depend on.

Read Full Story Here:
https://www.adn.com/alaska-news/anchorage/2023/07/27/anchorage-assembly-votes-to-secure-expanded-port-terminals-financed-partially-with-higher-tariff/