News Briefs – February 24th, 2015

First National Bank Alaska opens new branch

First National Bank Alaska held its ceremonial ribbon cutting ceremony Feb. 18 at its newly constructed branch on Providence Drive. The branch is the first bank located adjacent to campus. In celebration of the new branch, FNBA donated $89,000 to Alaska Pacific University and the University of Alaska Anchorage. $45,000 went to APU for updates to the Moseley Sports Center and the APU Early Honors Program through the FNBA Scholarship Fund. $44,000 was given to UAA for the Small Business Development Center and the Alaska Business Plan Competition.

Tuition to increase by 5% for the UA system

On Friday Feb. 20, the University of Alaska Board of Regents approved a 5% tuition increase for all University of Alaska universities. The tuition increase will take effect Fall 2015.

Marijuana for recreational use officially legal

90 days after Alaska voted to legalize marijuana for recreational use, marijuana is now officially legal for use. The 90 days were given for regulations to be put into place. On February 28 from 9 a.m. to noon a town hall meeting will be held in the Loussac Library Assembly Chamber, 3600 Denali Street, Anchorage, AK 99503, asking community members about how they suggest regulation of marijuana will be handled in Anchorage. The meeting will cover legalized cultivation, manufacture, distribution, sale, possession and use of marijuana within the municipality.

Iditarod restart to happen in Fairbanks

Due to this year’s low level of snow the Iditarod Board of Directors of the Iditarod Trail Committee have decided to move the Iditarod restart from Willow to Fairbanks. The Anchorage ceremonial start will still happen March 7 at 10 a.m. with the restart scheduled for March 9 at 10 a.m. in Fairbanks.