MSB and AIDEA Sign MOU on West Susitna Access

Borough Manager John Moosey, sees opportunities are not limited to just natural resource development. “I am very pleased to be partnering with AIDEA on this project to unlock the remaining one-third of the Mat Valley for our residents,” said Moosey.  “Job creation, enjoyment of our natural beauty and recreational prospects abound. It is imperative that we work with private partners to secure these great opportunities.”

There will be multiple phases to the project with a budget for each phase to be agreed upon by all parties before any phase is initiated. Phase I of the project includes a maximum budget of $200,000 of combined contributions from all parties and divided up in thirds. The Mat-Su Borough and AIDEA will provide $50,000 each with the remaining contribution of up to $100,000 provided by third party partners who have a vested interest in the area; however, none of the funds will become available until all $200,000 is in the account. The MOU further states:

“No funds will be disbursed from the designated project account, unless otherwise agreed to in writing by the Parties, until a full balance of $200,000 is achieved.”

Governor Dunleavy has taken notice and understands the enormous value this project brings to future generations of Alaskans, making this MOU an important step.

“The West Susitna Access plan is just one more example of how Alaska is prioritizing resource development and making Alaska open for business again,” said Dunleavy. “A new road across the Susitna Valley will deliver Alaskans and the state’s economy to many new opportunities. Natural gas, mining, timber, recreation, and putting state land in the hands of Alaskans are just a few of the benefits that will happen when the road is built.”