CONTRACTPENDING

Juneau Appropriates $12.2M for Goldbelt Gondola Repayment

Disclosed value: Up to $12,200,000 (repayment including interest); From agenda
Document date: Jun 8, 2026

What it covers

The Assembly is set to appropriate up to $12.2 million to repay Goldbelt, Inc. as part of terminating the gondola capital project partnership at Eaglecrest Ski Area. The repayment covers Goldbelt’s $10 million investment plus interest as specified in the original agreement. Funds come from both project and general fund sources.

Who holds it

Goldbelt Inc holds this contract with City of Juneau.

What happens next

Term as filed: Upon termination and settlement; repayment of principal plus nearly 3 years' interest at 7%.

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Contract details

Amount: Up to $12,200,000 (repayment including interest)
Document date: June 8, 2026
Term: Upon termination and settlement; repayment of principal plus nearly 3 years' interest at 7%
Vendor: Goldbelt Inc
Agency: City of Juneau
Source document: City and Borough of Juneau Agenda Regular Assembly Meeting 2026-06-08 (Agenda)

Goldbelt Inc's other public contracts

City of Juneau, AlaskaGoldbelt Mentioned in Docking Ordinance Discussion · Aug 18, 2026Undisclosed City of Juneau, AlaskaCity Moves to Terminate Goldbelt Gondola Agreement · Jun 8, 2026 City of Juneau, AlaskaJuneau To Repay Goldbelt for Eaglecrest Gondola · May 18, 2026 City of Juneau, AlaskaAssembly Authorizes Repayment to Goldbelt for Gondola Termination · May 18, 2026 City of Juneau, AlaskaJuneau Approves $12.2 Million Repayment to Goldbelt · May 18, 2026 All Goldbelt Inc contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of Juneau?

Goldbelt Inc was awarded this government contract by City of Juneau, as recorded on June 8, 2026. The contract value is Up to $12,200,000 (repayment including interest).

How much is the Goldbelt Inc contract with City of Juneau worth?

The Goldbelt Inc contract with City of Juneau is valued at Up to $12,200,000 (repayment including interest).

What type of contract is this?

This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City and Borough of Juneau Agenda Regular Assembly Meeting 2026-06-08 (Agenda), dated June 8, 2026 from City of Juneau. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Goldbelt Inc hold?

Goldbelt Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Juneau currently buying?

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