Business Briefs

Posted: Thursday, October 05, 2000

Peninsula travel planner targets Alaska residents

The new vacation planner of the Kenai Peninsula Tourism Marketing Council aims to bring more Alaska residents to the peninsula and highlights off-season activities from ice fishing to Homer's annual production of the Nutcracker Ballet.

Half of peninsula visitors are Alaska residents, the council said, and in-state travelers want different information than out-of-state visitors. The new Kenai Peninsula Weekender is designed for them.

It includes sections on the eastern, central and southern peninsula, a month-by-month calendar of peninsula events, and feature stories about activities for each season. For copies, call 283-3850 or visit on the Internet.

Candidates' forum is today

The North Peninsula Chamber of Commerce hosts a candidates' forum today at noon at the Lighthouse Inn. Other October speakers are Diane McKenney of the League of Women Voters on Oct. 12, incumbent Sen. Jerry Ward, Republican candidate for Senate District E, on Oct. 19, and Mike Chenault, Republican candidate for House District 9, on Oct. 26.

Chamber luncheons are Thursdays at noon at the Lighthouse Inn.

Deadline for halibut proposals is Oct. 31

The International Pacific Halibut Commission meets Jan. 22-25 at the Four Seasons Hotel in Vancouver, British Columbia, to consider regulatory proposals and set 2001 fishing quotas.

The deadline to submit regulatory and procedural proposals is Oct. 31. The deadline to submit proposals regarding stock assessment and staff-recommended catch limits is Dec. 29. Staff recommendations will be available to the public in late fall.

Questions or proposals regarding individual fishing quotas or other allocation issues, such as allocations between sport and commercial fishers, should be addressed to appropriate agencies in the United States or Canada and not to the commission.

For more information, call the commission at (206) 634-1838.

Peninsula gains jobs

August unemployment on the Kenai Peninsula was 5.7 percent, down from 5.9 percent in July and from 7.5 percent in August 1999, according to the Alaska Department of Labor and Workforce Development. Some 21,700 workers were employed in the borough, down from 22,503 in July, but up from 21,639 in August 1999.

The statewide rate was 4.3 percent, down from 4.7 percent in July and from 4.7 percent in August 1999.

Most industries gained jobs in August, but losses in seafood processing were large enough to cause total employment to fall from 316,735 in July to 313,548 in August. A rebound in oil industry activity gave northern Alaska a boost.

Soldotna chamber speakers announced

October luncheon speakers at the Soldotna Chamber of Commerce are the juvenile detention facility team on Oct. 10, Dr. David Schoemaker of the Women's Resource and Crisis Center Batterer's Intervention Program on Oct. 17, House District 8 candidates on Oct. 24 and Duane Wise, Alaska Housing Finance Corp. rural loan officer on Oct. 31.

Chamber luncheons are Tuesdays at noon at Riverside House.

Soldotna chamber seeks board candidates

The deadline to declare candidacy for the Soldotna Chamber of Commerce board of directors is Oct. 11. Three elected seats and three appointed seats must be filled. Five outgoing directors are eligible to run for re-election. For information, call the chamber at 262-9814.

Fishing vessel up for auction

The National Oceanic and Atmospheric Administration will auction the 125-foot fishing vessel Arctic Wind on Oct. 16 at 2 p.m. at the U.S. District Courthouse, 222 West 7th Ave., Room 135 in Anchorage. NOAA also will accept sealed bids.

The Arctic Wind, formerly Korean-owned, is moored in Seward. To arrange a visit, call Stephen Meyer at 586-7225. It was seized in May for illegal high seas driftnet fishing. Photos and a recent survey for condition and value are posted at on the Internet. The minimum bid is $70,000. For information, call Joseph McCabe at 586-7414.

CIRI declares dividend

Cook Inlet Region Inc. declared a third-quarter dividend of $6.28 per share. Shareholders owning 100 shares of CIRI stock receive dividends totaling $628, which were mailed or deposited electronically on Friday.

Tobacco funds to secure school bonds

The Alaska Housing Finance Corp. has created a nonprofit subsidiary to sell bonds secured by revenues from tobacco settlements.

Two years ago, the four largest U.S. cigarette manufacturers signed a settlement with 45 states to end litigation against them. Alaska adopted legislation to finance construction of schools, University of Alaska facilities and port and harbor improvements.

House Bill 281 authorized AHFC to buy 40 percent of Alaska's right to proceeds from the tobacco settlement. It authorized AHFC to issue bonds secured by settlement proceeds to finance $93 million in school construction projects. AHFC created a nonprofit subsidiary, Northern Tobacco Securitization Corp., to issue the bonds. Neither AHFC nor the state will be obligated to make up any deficiencies in revenues needed to pay them back.

HB 281 also extended AHFC's Series Transfer Plan from 2006 through 2008 and authorized AHFC to issue $77 million in AHFC general obligation debt for state capital projects. AHFC has provided $369 million statewide in the last two years for repairs, renovations and new construction.

FNBA will be open on Alaska Day

First National Bank of Anchorage will be open for business on Alaska Day, Oct. 18, and Seward's Day, March 27.

Soldotna motel recognized

The Best Western King Salmon Motel in Soldotna has received the Best Western Director's Award for quality. The award recognizes Best Western International hotels with a cleanliness and maintenance inspection score of at least 950 points of 1,000 possible. Winners also must meet requirements for design and customer service.

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