• Forecast
  • News Tip
  • Categories
Temperature Precipitation
Estimated read time

Mat-Su Borough grapples with repaying feds for ferry funds

By KTVA CBS 11 News 8:59 PM August 13, 2014

The Mat-Su Borough has a big debt to pay — more than $12 million to the Federal Transit Administration.

The FTA is asking for the money back after the borough was unable to follow through with the Susitna ferry project, which the borough received millions of dollars to start. $6 million was spent turning the MV Susitna from a navy vessel into a ferry, $4 million on a ferry terminal at Point Mackenzie and $2 million on design plans.

A special meeting was held this week to figure out how to pay the federal government back. The Mat-Su Borough Assembly wasn’t able to come to a decision, so they will reconvene Aug. 21.

They borough has less than 30 days to work something out or face collections.

“We have been working for the past three years with the FTA out of Seattle and Washington, D.C.,” said John Moosey, Mat-Su Borough manager. “We believe there is a good relationship and there’s going to be some room to maneuver.”

The Aug. 21 meeting will be at 3 p.m. in the Assembly chambers at 350 E. Dahlia Ave. in Palmer.

Latest Stories

  • News

    First snow keeps Anchorage tire shops busy with winter changeover

    by Heather Hintze on Oct 21, 16:21

    The first sign of winter brought in big business for Johnson’s Tire Service when many people awoke to snow on Friday morning and realized they still had summer tires on their vehicles. “It’s a little insane,” said Johnson’s manager Michael Hagler. “It’s a whole ‘nother monster to work in a tire shop in changeover season.” […]

  • DJ Spencer Lee’s Holiday Pajama Jam: A party for the whole family

    by Daybreak Staff on Oct 21, 15:41

    Looking trip the light fantastic with the whole family — in your pajamas? DJ Spencer Lee has you covered with his Holiday Pajama Jam. The event is part of his popular series of Baby Loves Disco events and he will be joined by Victamone. Holiday Pajama Jam Sunday, December 4 11 a.m. – 1 p.m. at Williwaw […]

  • Grand jury formally indicts man accused of shooting Fairbanks officer

    by Associated Press on Oct 21, 15:16

    The man accused of shooting a Fairbanks police officer has been formally indicted by a grand jury. Fairbanks District Attorney Gregg Olson says the grand jury indicted Anthony G. Jenkins-Alexie Thursday with attempted murder and seven other counts. Seven charges are identical to the counts originally charged in a complaint against Jenkins-Alexie, plus one additional […]

  • Police arrest teen for Friday morning Fred Meyer robbery

    by KTVA CBS 11 News on Oct 21, 13:33

    Anchorage police say the community came together to help officers arrest a teen who threatened a store clerk at Fred Meyer and then stole multiple firearms. In a Friday afternoon release, the Anchorage Police Department stated just after 9:46 a.m. Friday they received multiple calls about someone threatening a Fred Meyer gun counter employee at […]

  • Nominate a breast cancer survivor to ‘Get Pampered Pink’ on Oct. 26

    by Daybreak Staff on Oct 21, 12:40

    In honor of Breast Cancer Awareness Month, KTVA 11’s Daybreak is partnering with Anchorage 5th Avenue Mall to honor and celebrate those in the community who have battled the disease. We’re giving you the chance to nominate someone special in your life to win a free makeover. Chemotherapy, radiation and other cancer treatments can take a […]

  • News

    Murkowski talks energy costs, brings AFN attendees to their feet

    by Megan Edge on Oct 21, 12:06

    Lowering rural energy costs is one of US Senator Lisa Murkowski’s “top priorities,” she said at a mid-morning address to Alaska Federation of Natives attendees. The crowd of convention-goers shouted and cheered quietly, as she spoke of an Aniak foster mother who was caught between paying her home heating bill and formula for the baby […]

  • Weather

    Anchorage, Fairbanks, Juneau record first measurable snowfall in same week

    by Rachael Penton on Oct 21, 11:47

    This week was one of transition for weather across Alaska, with Anchorage, Fairbanks and Juneau all recording the first measurable snowfalls of the year. Winter weather in Southeast Alaska began last Sunday, with a widespread early snowfall across the panhandle. The Juneau International Airport recorded 5.1 inches of snow on Sunday, a new daily record. […]

  • Lifestyle

    Many U.S. websites disrupted as firm gets hit by cyberattack

    by CBS/AP on Oct 21, 10:28

    Last Updated Oct 21, 2016 2:13 PM EDT Twitter experienced renewed outages Friday afternoon following hours of internet disruption that took down numerous sites earlier in the morning across the U.S. East Coast. A wave of reports of problems accessing many popular websites came after the servers at a major internet management firm were hit by a […]