20 MILLION BOND FOR BUILDING OF HARBOR WILL TAKE 21 YEARS TO PAY OFF
The City expects to authorize the issuance of up to $20 million in general obligation bonds for Harbor improvements and expansion. According to the statement in the Council packet, it will take taxpayers 21 years to pay back the bond.
PROJECT MANAGEMENT SERVICES FOR HARBOR EXPECTED TO HIT 1 TO 1.4 MILLION
The Council will vote Tuesday night to approximately an additional half a million dollars to Arcadis US for project management of the harbor project, bringing the anticipated management and planning of that project to well over a million dollars.
CITY ANSWERS FREQUENTLY ASKED QUESTIONS REGARDING MARIJUANA REGULATION, SALE AND POSSESSION
Proposition 2 on the November 4 ballot passed 53 to 47 percent statewide, and opening the door to legal marijuana use has opened the door to many questions. The initiative provides for the personal use of marijuana by adults 21 years or older. However, until the Alcoholic Beverage Control Board adopts regulations governing the production and sale of marijuana-related products, open and public consumption of marijuana will still be prohibited. A FAQ has been posted on the City of Valdez website regarding marijuana that explains that,it will still be illegal for those under 21 years of age to possess marijuana. The FAQ includes a timeline that lists November 24, 2015 as the deadline for the ABC Board to adopt regulations.
to see the full Marijuana FAQ