00SENATE BILL NO. 16                                                                                                      
01 "An Act relating to the financing authority of the Alaska Industrial Development                                        
02 and Export Authority and giving approval of the issuance of bonds for an                                                
03 Anchorage airport seafood facility; and providing for an effective date."                                               
04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
05    * Section 1.  The Alaska Industrial Development and Export Authority may issue bonds                                 
06 to finance the acquisition, design, and construction of a facility for the offloading, processing,                      
07 storage, and transloading of seafood located at or near Anchorage International Airport, to be                          
08 owned by the Authority.  The principal amount of the bonds may not exceed $50,000,000.                                  
09 This section grants the legislative approval required by AS 44.88.095(g).                                               
10    * Sec. 2.  This Act takes effect immediately under AS 01.10.070(c).