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Session:
State Capitol, Room 511
Juneau, AK 99801-1182
Phone: (907) 465-3424
Fax: (907) 465-3793
Toll Free: (800) 303-2455


Interim:
50 Front St. Suite 203
Ketchikan, AK 99901
Phone: (907) 247-4672
Fax: (907) 225-8546

House Passes $93 Million General Obligation Bond Package
Voters Will Decide On Funding For Needed Transportation Projects
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Released:
May 5, 2004

"Our state relies on roads and harbors to facilitate economic development and growth and these bonds will help build needed statewide transportation infrastructure."
- Rep. Williams

 

(Juneau) - The State House today passed out a bill that would ask voters to approve the issuance of $93,280,000 million in general obligation bonds to accelerate the completion of many statewide transportation projects.

"This bond package includes road improvements funding from Nome to Ketchikan and includes many needed statewide community harbor improvements," explained House Finance Co-Chair Representative Bill Williams (R-Saxman). "Our state relies on roads and harbors to facilitate economic development and growth and these bonds will help build needed statewide transportation infrastructure," added Williams.

The $93 million in bonds proposed in House Bill 561 will only be issued if voters approve them at the polls this November.

Southeast Alaska project funding include:

  • $2,650,000 million for Ketchikan harbor renovations
  • $500,000 for Ketchikan Gateway Borough road and pedestrian improvements
  • $500,000 for the City of Ketchikan road and pedestrian improvements
  • $2,500,000 for Sitka harbor improvements
  • $2,300,000 for Juneau area-wide transportation improvements
  • $1,200,000 for Petersburg harbor improvements
  • $1,400,000 for Wrangell harbor improvements
  • $4,800,000 for other statewide harbor deferred maintenance needs that will be used for coastal community harbor needs.

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