From the link by DR 586:  "The City and Borough of Juneau also offered to endow the education program with a $1 million contribution. A letter to Johnsen and the Board of Regents from Juneau city manager Rorie Watt said the $1 million contribution could be managed by the Juneau Community Foundation and would support a school of education centered at UAS.

Watt said in an email Wednesday that the City and Borough of Juneau Assembly gave him authorization to offer the $1 million, and at Assembly meetings in January the local government would go through the appropriations and public process of making the contribution. He said the money would likely come from the municipal savings account and he anticipated that citizens and businesses might also choose to donate."
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Not sure what this 'endowment' will be used for. . . student scholarships?  travel funds for practicums?  Bringing in speakers?  But, we'll see. . . 

Seems to me a win-win-win for CBJ, UA, and the students.