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1 $750G bid for unwanted Alaska ferry worth $80M | Fox News: "An unwanted, $80 million ice-breaking ferry owned by an Alaska borough has only one bid to buy it, and it's for $751,000"
"The project was funded mainly with Department of Defense earmarks wedged into the federal budget by then-U.S. Sen. Ted Stevens.
The borough has no suitable docks or a workable business plan to operate the vessel as a ferry between Anchorage and Port MacKenzie in the Mat-Su.
With monthly costs to the borough averaging $75,000 for insurance, maintenance, fuel, docking fees and other expenses, the Borough Assembly has directed employees to find the most economical way to shed it."
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