Economy

The new petition comes less than a year after Juneau voters shot down a ballot initiative to ban large cruise ships on Saturdays.

According to preliminary figures published by the Alaska Permanent Fund Corp., the fund’s assets declined from $81.7 billion on Tuesday to $79.7 billion at the end of the day on Friday.

Members voted 8-1 in favor of the development of Huna Totem Corporation’s proposed downtown dock after a years-long process.

There will be at least eight people working at the glacier this summer as cultural ambassadors. They’re employed by the local tribe and teach visitors about Lingít history, culture and connections to the land.

The Assembly will vote on whether to lease city-owned tidelands, the submerged land in the Gastineau Channel, for the project. Without a tidelands lease, the dock can’t move forward.

Last year, the Juneau Assembly voted to redevelop the neighborhood to build denser housing there. But since then, not much movement on the project has happened.