Mat-Su Borough Prepares to Decide Fate of Ferry

The Matanuska-Susitna Borough Assembly could decide this month what to do with an idle $80 million ferry.

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by Associated Press

ANCHORAGE- The Matanuska-Susitna Borough Assembly could decide this month what to do with an idle $80 million ferry.
Borough assembly members last month told borough Manager John Moosey they want to take action on the ferry Aug. 20.
The 195-foot boat was built by the Navy as a prototype. The borough obtained it for free but decided it would be too expensive to operate.
The ferry has been at Ward Cove outside Ketchikan while the borough looks for a buyer. It's costing the borough nearly $70,000 in expenses.
The borough is weighing three purchase offers. None will cover the $6 million the borough would have to pay back to the Federal Transit Authority if the ferry is not put into use.