Cordova Consulting says the port could face negative net revenues by 2035 without annual rate increases.
“Do we build what we think we need in ten years, or do we try to encourage some of this business in the short run with alternate methods?” asked John Handeland during Thursday’s meeting.
The Middle Dock project will now take over 200 additional days to complete. However, Port Director Joy Baker says it won’t interfere with port activities.
“I just don’t see this as a benefit to the port in any way,” said Harbormaster Lucas Stotts regarding some of the proposed changes.
Port Director Joy Baker said they should “carefully consider whether a tariff increase this year would be a wise move.”
The Commission is considering a proposed increase of either 5 or 10 percent, which would be the fourth increase in tariff rates in the last five years.
“This is really good news for the project,” said Port Director Joy Baker at last night’s port meeting.
The new commissioners are Scot Henderson, Derek McLarty, and Shane Smithhisler.
In a joint work session with the Planning Commission, commissioners suggested moving the location of passenger drop-off and constructing a pedestrian walkway.
Current projects include repairing the Cape Nome Jetty and expanding the harbor office.