Assembly Initiates Termination and Repayment of Goldbelt Gondola Loan
City of JuneauCity · Juneau, AK- Disclosed value
- $9,000,000 original loan, payoff approx. $12,045,720 as of May 1, 2026; net repayment $8,768,000
- From minutes
- Document date
- Apr 1, 2026
The 30-second brief
The City of Juneau is moving to terminate its Revenue Sharing Agreement with Goldbelt for the Eaglecrest gondola project, initiating staff work on an ordinance to repay the outstanding investment, with $9 million principal and an estimated $12 million due as of May 2026. Options for compensation, possibly beyond cash, are to be explored.
GOLDBELT holds this financial services contract with City of Juneau.
Term as filed: Original Revenue Sharing Agreement (RSA), to be terminated, final payoff May 2026.
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Contract details
- Contract type
- Financial Services
- Amount
- $9,000,000 original loan, payoff approx. $12,045,720 as of May 1, 2026; net repayment $8,768,000
- Document date
- April 1, 2026
- Term
- Original Revenue Sharing Agreement (RSA), to be terminated, final payoff May 2026
- Vendor
- GOLDBELT
- Agency
- City of Juneau
- Source document
- City and Borough of Juneau Assembly Finance Committee Minutes 2026-04-01 (Minutes)
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Questions about this contract
Who was awarded the financial services contract by City of Juneau?
GOLDBELT was awarded this financial services contract by City of Juneau, as recorded on April 1, 2026. The contract value is $9,000,000 original loan, payoff approx. $12,045,720 as of May 1, 2026; net repayment $8,768,000.
How much is the GOLDBELT contract with City of Juneau worth?
The GOLDBELT contract with City of Juneau is valued at $9,000,000 original loan, payoff approx. $12,045,720 as of May 1, 2026; net repayment $8,768,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City and Borough of Juneau Assembly Finance Committee Minutes 2026-04-01 (Minutes), dated April 1, 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 hold?
GOLDBELT 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?
Explore City of Juneau's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.