Mat-Su Assembly votes to spend funds for earthquake repair
The Mat-Su Borough Assembly has approved transferring funds from three different accounts totaling more than $11.2 million to be used for emergency repairs to infrastructure damaged during the recent earthquake.
Borough Manager John Moosey said there is no total figure on how much money will actually be required since inspections are ongoing.
Some Assembly members expressed concerns about setting funds aside without an actual damage estimate but Moosey said it was likely the total figure would be well over the $14 million figure. He pointed out that one estimate to repair the damage to Vine Road could be as high as $4 million.
He said the emergency funds can be spent over the next 60 days but will have to be reauthorized if more money is needed after that date.
The Assembly action allows $3 million to be spent on roads and municipal buildings and an additional $8 million to be spent on schools. Moosey said some of the money functions as the deductible on a $25 million earthquake policy held by the borough, which can be used for schools and buildings but not roads.
Luke Fulp, the borough's assistant superintendent for schools, said the deductible to access insurance funds for Houston Middle School alone was $1.5 million.
Moosey said the hope is that the Federal Emergency Management Agency may eventually reimburse the borough.
Assembly members also voted to continue an emergency declaration through Jan. 15, but failed to find a six-vote majority that would have allowed landfill fees to be waived.
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