Tonight, city council will convene to get an update on the city’s finances and take care of some budgetary housekeeping.

The meeting will open with a presentation from Evan Rose, of the Alaska Permanent Capital Management Company. He’ll discuss the health of the city’s investments and answer questions about future money management. As of last month, the city of Unalaska had $83.6 million in bonds and securities. That’s a drop of over $8 million from last year, due to withdrawals.

Council will consider four items of new business later in the meeting. The first is an ordinance that would rezone a lot on Haystack Hill for public use. Dr. Jim Morris of Aleutian Chiropractic has put in a request to operate a new clinic and construct employee housing on property currently owned by Archie Stepp and Glenn Olson of Northern Mechanical. The property is currently a part of a residential zone.

Next, an ordinance that would amend the budget to accept grant monies and forfeited assets will undergo first reading. The $15,000 Rasmuson grant will go toward improving the Unalaska Public Library’s collection, and the $13,000 in forfeited assets will go to the Department of Public Safety. That ordinance would also boost the budget for the Ballyhoo Road project by $750,000 after bids came higher than expected.

After that, council will review a resolution that would approve the hardscaping and boat ramp extension for the new Carl E. Moses Small Boat Harbor.

Lastly, council will discuss an October lobbying trip to Washington, DC and potential travel to the Alaska Municipal League meeting in Fairbanks in November.

Council will be meeting at 6pm, a hour earlier than usual. The meeting is expected to last one hour.