City and Borough of Juneau Regular Assembly Meeting Agenda May 2026
Appropriation to Repay Goldbelt for Gondola Investment
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Description
The Assembly will consider appropriating up to $12.2 million to repay Goldbelt, Inc. for its $10 million gondola investment and related infrastructure at Eaglecrest Ski Area. The repayment will be funded by deappropriating $2.7 million from the gondola CIP and using $9.5 million in unrestricted general funds.
Contract Details
Contract Amount
Up to $12,200,000 (repayment of $10,000,000 capital contribution plus interest)
Vendor
GOLDBELT INC
Agency
Juneau International Airport Board, AK
Contract Type
FINANCIAL_SERVICES
Document Date
May 13, 2026
Renewal Info
One-time repayment appropriation tied to termination of the RSA; no ongoing or renewal terms described.
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