CSSB 275(JUD): "An Act relating to the disposal of real property by the Department of Transportation and Public Facilities."
00CS FOR SENATE BILL NO. 275(JUD) 01 "An Act relating to the disposal of real property by the Department of 02 Transportation and Public Facilities." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 38.05.030(d) is amended to read: 05 (d) Except for land that is required to be returned to the department 06 under (b) of this section, [REAL PROPERTY ACQUIRED BY AND UNDER THE 07 MANAGEMENT OF THE AGENCIES REFERRED TO IN (b) OF THIS SECTION 08 THAT IS NO LONGER NEEDED FOR ITS INTENDED USE SHALL BE 09 TRANSFERRED TO THE COMMISSIONER, EXCEPT THAT] the Department of 10 Transportation and Public Facilities may dispose of real property acquired by it under 11 AS 02.15.070, AS 19.05.040(1) and (2), [AS 19.05.040(2) AND] 19.05.080 - 12 19.05.120, AS 35.05.040(1) and (2), and AS 35.20.010 - 35.20.050. Land conveyed 13 under this section to a municipality for less than fair market value shall be 14 credited against the municipality's entitlement under AS 29.65.