The Kenai Peninsula Borough is now able to ask the state to extend the deadline for funding that would help build a new school in Kachemak Selo.
The Kenai Peninsula Borough Assembly accepted the roughly $10 million grant Tuesday. The borough needed to do so in order to ask the state to extend the deadline to use that money.
The Legislature appropriated the grant in 2016. However, if it goes unused, it will expire later this year.
The borough needs more time to come up with about $5.3 million, the mandated match it needs to utilize that state’s grant.
A bond proposition asking property owners to pay for the borough’s share failed in October.
It’s unclear whether the state will approve the borough’s request to extend the deadline for the Kachemak Selo grant. The administration and borough assembly members have said they do not have a backup plan for a new school if they can’t rely on the state to fund most of the project
