The Port Commission is focused on ongoing engineering projects this summer, including Snake River dredging and the development of the Thornbush Subdivision.
The Port Commission meets at City Hall on Thursday night to discuss bids to repair the Cape Nome Jetty and to hear updates on the Arctic Chinook drill.
Nome’s harbor will host the U.S. Coast Guard, fiber optic cable vessels, and a steady stream of cruise ship passengers this summer.
This year marks the 50th anniversary of the convention, which will take place in Fairbanks between October 20-22, 2016.
At a work session Thursday night, City Finance Director Julie Liew said port revenue is expected to increase by more than 12 percent next year.
The Arctic is set to see its first large cruise ship this summer, but Nome and many other communities along its route may not be ready for a major disaster at sea.
The 2016 Port Tariff originally included a rate hike of 10%. After an outpouring of public comments, the City Council removed the rate hike from the tariff.
If the City Council passes the 2016 Port Tariff, users of Nome’s port will see their rates raised by 10 percent.
The Port of Nome only has $32,000 to keep itself afloat, and commissioners are concerned about an unexpected emergency.
The Port Commission’s rainy day fund is shrinking, while potential maintenance issues loom on the horizon.