Item Coversheet

ASSEMBLY AGENDA/MANAGER'S REPORT
THE CITY AND BOROUGH OF JUNEAU, ALASKA

Ordinance 2018-11(S) An Ordinance Appropriating to the Manager the Sum of $11,000,000 as Funding for the Downtown Waterfront Improvement Project; Funding Provided by Cruise Passenger Vessel Excise Tax, Port Development Fees, Marine Passenger Fees Fund’s Fund Balance, and Dock Fund’s Fund Balance.

MANAGER'S REPORT:

DOWNTOWN WATERFRONT IMPROVEMENT PROJECT – FUNDING PACKAGE

 

Docks & Harbors proposes construction of a downtown transportation staging area and expanded waterfront open space deck-over project in support of the cruise passenger growth in Juneau.   The project includes a land exchange and results in a net purchase of approximately 0.4 acres of additional property.  The project would be constructed in two phases over the course of twenty four months.    The total estimated project cost is $23.5.   The Finance Director has developed a funding package which would include sufficient resources to complete the proposed project.  Phase I improvements would cost $20.5 million and include the purchase of necessary property and the project costs of the first phase of the construction project.   The first phase of construction would include the piling and installed decks and surface improvements.  Phase II, if funded at a later date by the Assembly, would include the covered passenger shelter with restrooms.  

 

The proposal draws from a variety of funds including: Cruise Passenger Vessel Excise Tax, Marine Passenger Fees, Port Development Fees, Dock Fund Balance and Waterfront Land Acquisition CIP.

 

 The funding for Phase I consists of:

1.) $3.5 million of funds already appropriated,

2.) appropriating $11 million via this ordinance and

3.) $6 million of passenger fees to be transferred in from other CIPs.

RECOMMENDATION:

The City Manager recommends this ordinance be introduced and set for public hearing at the next regular Assembly meeting.

ATTACHMENTS:
DescriptionUpload DateType
2018-11(S)11/20/2018Ordinance