CONTRACTPENDING

Juneau To Repay Goldbelt for Eaglecrest Gondola

Disclosed value: Repayment up to $12,200,000 (includes $10,000,000 capital contribution plus interest); From agenda
Document date: May 18, 2026

What it covers

The Assembly will consider terminating its Revised Revenue Sharing Agreement with Goldbelt, Inc. for the Eaglecrest gondola project and appropriating up to $12.2 million to repay Goldbelt’s $10 million investment plus interest. Funding for the repayment would come from deappropriated gondola CIP funds and unrestricted general funds.

Who holds it

Goldbelt Inc holds this financial services contract with City of Juneau.

What happens next

Term as filed: One-time repayment; timing per agreement terms (not specified).

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Contract details

Contract type: Financial Services
Amount: Repayment up to $12,200,000 (includes $10,000,000 capital contribution plus interest)
Document date: May 18, 2026
Term: One-time repayment; timing per agreement terms (not specified)
Vendor: Goldbelt Inc
Agency: City of Juneau
Source document: City and Borough of Juneau Regular Assembly Meeting Agenda 2026-05-18 (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 Appropriates $12.2M for Goldbelt Gondola Repayment · Jun 8, 2026 City of Juneau, AlaskaJuneau to Repay Goldbelt for Eaglecrest Gondola Project · May 18, 2026 City of Juneau, AlaskaAssembly Authorizes Repayment to Goldbelt for Gondola Termination · May 18, 2026 All Goldbelt Inc contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Juneau?

Goldbelt Inc was awarded this financial services contract by City of Juneau, as recorded on May 18, 2026. The contract value is Repayment up to $12,200,000 (includes $10,000,000 capital contribution plus interest).

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

The Goldbelt Inc contract with City of Juneau is valued at Repayment up to $12,200,000 (includes $10,000,000 capital contribution plus interest), covering financial services work.

What type of contract is this?

This is a Financial Services 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 Regular Assembly Meeting Agenda 2026-05-18 (Agenda), dated May 18, 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?

Explore City of Juneau's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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