Historic and Economic Landmarks in the Kenai Peninsula Borough | |
2008 | DJIA drops 41% from 10/ 9/2007 to 10/25/08 - closes as 8,378.95 - with wild gyrations. |
2008 | Fuel prices surpass $5.00 per gallon. |
2008 | Soldotna's Mayor David R. Carey is elected KPB Mayor. |
2008 | Alaska's Governor Palin accepts nomination as first female Republican Vice Presidential candidate. |
2008 | Democrat Barak Obama is elected president - first Black American to hold the office. |
2008 | Beijing Olympics - U.S.A.'s Micheal Phelps wins eight gold medals, sets seven new world records |
2008 | Wal-Mart purchases land in Kenai, begins construction of facility. |
2008 | Lowe's completes building, opens for business in December. |
2008 | Agrium plant ships last shipment of fertilizer, begins moth-balling plant. |
2008 | October 9 - DJIA has fallen 39% in one year - closes at 8,579,19 |
2007 | July 19 - First DJIA close at 14,000.41. |
2007 | Lowe's purchases land in Kenai. |
2007 | Agrium announces intent to close Nikiski fertilizer plant. |
2007 | April 25 - First DJIA close over 13,000. |
2007 | Caribou Hills fire destroys many remote cabins and structures, burns 56,254 acres. |
2007 | New Bridge over Kenai River in Soldotna opens. |
2007 | Ice destroys much of Kenai River infrastructure - walkways, boardwalks, docks, etc. |
2006 | October 19 - First DJIA close over 12,000. |
2006 | KPB hosts the 2006 Arctic Winter Games. |
2006 | Mt. Augustine erupts. |
2006 | Work continues on Kenai River Bridge in Soldotna. |
2006 | Sarah Palin elected Alaska's governor - first female, and youngest person ever to hold the office. |
2005 | Kenai's Mayor John J. Williams is elected KPB Mayor. |
2005 | Hurricanes Katrina and Rita devastate the southeastern US. |
2005 | Agrium found gas supply, open at least one more year. |
2005 | Wal-Mart announces plans to open in Kenai. |
2005 | Grant Aviation joins service providers at Kenai Airport. |
2005 | Work begins on Kenai River bridge upgrade in Soldotna. |
2005 | Central Peninsula General Hospital begins construction of addition. |
2005 | Trustworthy Hardware builds a new facility in Soldotna. |
2004 | September - Home Depot opens in Kenai. |
2004 | KPB celebrates forty years of incorporation. |
2004 | KPB gross sales top $2 billion mark for first time. |
2004 | KPB Construction permit values set new high -$84,041,457. |
2004 | December 26 - Indonesian 8.7 earthquake and tsunami kills more than two hundred thirty thousand. |
2003 | February 1 - Columbia space shuttle destroyed during reentry. |
2003 | April - BigKMart closed in Kenai (and throughout Alaska). |
2002 | Homer annexation increases its size by 28%. |
2002 | November 3 - Earthquake - 7.9 Richter scale in Alaska, Denali fault. |
2001 | September 11 terrorist attack in New York City and Washington D.C., plane crashed in Pennsylvania. |
2001 | October 7 - U.S. implemented Operation Enduring Freedom, targeting Iraqi terrorist government. |
2000 | Census - 550,043 Alaskans; Kenai Peninsula Borough - 49,691. |
2000 | George W. Bush elected President of the United States. |
1999 | Dale Bagley elected KPB mayor. |
1999 | May 3 - First DJIA close over 11,000. |
1999 | March 29 - DJIA average breaks 10,000. |
1998 | Alaska SeaLife Center opened in Seward. |
1998 | April 6 - First DJIA close over 9,000. |
1997 | gust 31 - England's Princess Diana killed in car accident. |
1997 | July 16 - First DJIA close over 8,000. |
1997 | February 13 - First DJIA close over 7,000. |
1996 | October 14 - First DJIA close over 6,000. |
1996 | Mike Navarre elected KPB mayor. |
1995 | Oklahoma City Bombing - Alfred P Murrah Federal Building |
1995 | November 21 - DJIA broke 5,000. |
1994 | April - Fred Meyer retail store opened in Soldotna. |
1993 | June - KMart opened in Kenai. |
1992 | Mt. Spurr eruption - prior most recent - 1953. |
1992 | William J. Clinton elected President of the United States. |
1991 | April 17 - First DJIA close over 3,000. |
1991 | January 19 - Desert Storm initiative against Iraq begins after Iraq invasion of Kuwait on August 2, 1990. |
1990 | Census - 550,043 Alaskans; Kenai Peninsula Borough - 40,802. |
1989 | March 24 - Exxon Valdez oil tanker spill. |
1988-1989 | Series of Mt. Redoubt eruptions - prior most recent - 1966 - 1967 - 1968. |
1988 | January 28 - Challenger space ship disaster during launch. |
1988 | George H. W. Bush elected President of the United States. |
1987 | Don Gilman again elected KPB mayor. |
1987 | January 8 - First DJIA close over 2,000. |
1987 | Mt. Iliamna eruption - steam, prior most recent volcanic eruption - 1953. |
1986 | April 26 - Meltdown at Chernobyl nuclear power plant. |
1986 | St. Augustine eruption - prior most recent - 1976. |
1985 | 1st KPB Traffic Light - Kenai Spur Road and Willow Street. |
1982 | First Peninsula McDonald's opens in Soldotna. |
1980 | May 8 - Mount St. Helens erupts in Washington. |
1980 | Census - 401,851 Alaskans; Kenai Peninsula Borough - 22,282. |
1980 | Stan Thompson again elected KPB mayor. |
1980 | Alaska's personal income tax repealed. |
1980 | Ronald Reagan elected President of the United States. |
1976 | Jimmy Carter elected President of the United States. |
1976 | Alaska Permanent Fund established. |
1975 | Don Gilman elected KPB mayor. |
1975 | Bridge Access Road and bridge constructed. |
1974 | President Nixon resigns, Gerald Ford became President of the United States. |
1972 | September 5 - Munich Olympics massacre - five Palestinian terrorists, nine Israeli hostages killed. |
1972 | November 14 - First DJIA close over 1,000. |
1972 | Stan Thompson elected KPB mayor. |
1971 | Central Peninsula General Hospital opens for business. |
1970 | Census - 300,382 Alaskans; Kenai-Cook Inlet district - 12,474; Seward district - 3,727. |
1969 | 1st shipment of 48" pipe for trans-Alaska pipeline arrives in Valdez. |
1969 | July 20 - First lunar landing. |
1968 | Richard Nixon elected President of the United States. |
1966 | George Navarre elected KPB mayor. |
1965 | February 4 - Earthquake - 8.7 on Richter scale in Alaska, Rat Islands. |
1965 | July 1 - KPB Sales Tax enacted. |
1964 | Homer incorporated. |
1964 | March 27 - Good Friday Earthquake - 9.2 in Richter scale. |
1963 | November 22 - President John F. Kennedy assassinated. |
1963 | Lyndon Johnson sworn in as President of the United States. |
1963 | Harold Pomeroy elected as First KPB Mayor. |
1963 | Kenai Peninsula Borough incorporated. |
1962 | February 20 - John Glenn completes three orbits of earth. |
1961 | First manned American space flight - Alan B. Shepherd, Jr. |
1961 | Kachemak City Incorporated. |
1960 | Census - 226,167 Alaskans; Kenai-Cook Inlet district - 11,867; Seward district - 3,127. |
1960 | John F. Kennedy elected President of the United States. |
1960 | Soldotna incorporated. |
1960 | Kenai incorporated. |
1959 | Alaska officially becomes a state of the United States. |
1959 | Alaska conducts first offshore oil and gas lease sale on Kenai Peninsula. |
1959 | Discovery of first major Cook Inlet gas field . |
1958 | First successful satellite launch by United States. |
1957 | Swanson River oil field discovered. |
1957 | October 4 - Soviet Union successfully launches Sputnik. |
1953 | July 27 - Korean War Armistice Signed. |
1952 | Dwight Eisenhower elected President of the United States. |
1951 | Sterling Hwy completed connecting Kenai Peninsula to south-central Alaska. |
1950 | Census - 128,643 Alaskans; Kasilof - 62; Kenai - 321; Homer - 907; Seldovia - 701; Seward district - 2,708. |
1950 | June 25 - Korean War begins. |
1945 | May 7 - Germany surrenders unconditionally. |
1945 | August 6 - U.S. bombs Hiroshima. |
1945 | August 9 - U.S. bombs Nagasaki. |
1945 | September 12 - Japan surrenders. |
1945 | Seldovia Incorporated. |
1944 | June 6 - D Day. |
1942 | March - work begins on AK highway - completed in 8 months. |
1941 | December 7 - Japan attacks Pearl Harbor. |
1940 | (10/1/1939) Census - 72,524 Alaskans; Kenai district - 497; Seldovia district - 980; Seward district - 1,525. |
1939 | WWII begins. |
1937 | Beginning of second major United States economic depression. |
1930 | Census - 59,278 Alaskans; Kenai district - 468; Seldovia district - 378; Seward district - 1,279. |
1929 | October 29th, Black Thursday, stock market crash begins The Great Depression. |
1925 | Forerunner of Iditarod - Race from Anchorage to Nome with meds to stop diphtheria epidemic. |
1920 | Census - 55,036 Alaskans; Kenai - 1,851; Seward - 652. |
1918 | November 11- Armistice Day - End of WW I. |
1917 | WWI begins. |
1915 | First Mount Marathon race in Seward. |
1912 | Seward Incorporated. |
1910 | Census - Alaska - 64,356; Kenai Dist - 1,692; Seward - 534. |
1898 | Beginning of Nome gold rush. |
1897 | July - Klondike gold rush begins as steamer PORTLAND reaches Seattle with word of gold, lots of gold. |
1867 | March 30 - Secretary of State Seward agrees to purchase Alaska for $7 million. |
1865 | April 9 - Surrender of Troops - End of Civil War. |
1861 | January - Southern states secede from Union - Civil war began. |
1788 | Captain Cook first voyages into Cook Inlet. |
Funding for the Economic Analyst position was removed in 2010 therefore the Kenai Peninsula Borough no longer publishes the annual report, Situations and Prospects, or quarterly reports. The last annual report was 2008 and the last quarterly report was the first quarter of 2010.
The Kenai Peninsula Borough established policy is to support responsible economic development within the Borough. The economic development powers are not area wide, but allow for development within the Borough in areas outside of the incorporated cities.
Economic indicators for the Kenai Peninsula Borough are presented on a quarterly basis providing economic detail for those facets of the economy which can be measured on a quarterly basis - sales, construction and labor statistics.
Construction data is presented for each of five cities within the Borough: Homer, Kenai, Seldovia, Seward and Soldotna. The KPB does not require building permits, therefore quarterly data does not include building activity outside the listed incorporated cities.
Sales data - both gross and taxable - is presented for the Borough and for each of five cities within the Borough: Homer, Kenai, Seldovia, Seward and Soldotna. Sales data for 'Other KPB,' the large area within the Kenai Peninsula Borough but outside the five cities imposing sales tax, is also presented.
Kachemak City is incorporated, but does not require building permits nor does it impose a sales tax, therefore no information is presented for the municipality.
An annual report, Situations and Prospects, provides statistical data for as many facets of the economy as can be found. This information can be accessed through the links below. The printed document, published once a year, is not as complete as that presented here.