Mat-Su Borough prepares to decide fate of ferry

Aug 13, 2013 -- 10:00am
- ANCHORAGE, Alaska (AP) - 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 Anchorage Daily News reports 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.

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