CSHB 287(FIN) AM(REENGROSSED)(EFD FLD): "An Act making capital appropriations that are funded from the sale of revenue bonds that are issued by the Alaska Housing Finance Corporation or a subsidiary of the Alaska Housing Finance Corporation and that are to be repaid either from the revenue derived from the settlement of State of Alaska v. Philip Morris, Incorporated, or from revenue of the Alaska Housing Finance Corporation to the Department of Education and Early Development for public school facilities, to the University of Alaska for facilities for the University of Alaska, and to the Department of Transportation and Public Facilities for facilities for ports and harbors."
00CS FOR HOUSE BILL NO. 287(FIN) am(reengrossed)(efd fld) 01 "An Act making capital appropriations that are funded from the sale of 02 revenue bonds that are issued by the Alaska Housing Finance Corporation or 03 a subsidiary of the Alaska Housing Finance Corporation and that are to be 04 repaid either from the revenue derived from the settlement of State of Alaska 05 v. Philip Morris, Incorporated, or from revenue of the Alaska Housing Finance 06 Corporation to the Department of Education and Early Development for public 07 school facilities, to the University of Alaska for facilities for the University of 08 Alaska, and to the Department of Transportation and Public Facilities for 09 facilities for ports and harbors." 10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 11 * Section 1. PUBLIC SCHOOL FACILITIES; FACILITIES FOR THE UNIVERSITY OF 12 ALASKA; AND FACILITIES FOR PORTS AND HARBORS. (a) The sum of $184,889,859 13 is appropriated to the Department of Education and Early Development for construction, 14 renovation, and improvement of public elementary and secondary schools from the proceeds
01 of the revenue bonds described in sec. 3 of this Act that are issued by the Alaska Housing 02 Finance Corporation, or a subsidiary of the corporation, and is allocated among the following 03 projects in the amounts set out: 04 PROJECT ALLOCATION 05 Petersburg - Fascia/Soffit Repair/Replacement $ 112,960 06 Kake City - Kake Elementary School Addition 2,237,460 07 Juneau Schools 08 Auke Bay Elementary Roof Replacement 653,842 09 Marie Drake Roof Replacement 599,501 10 Harborview Elementary Gym Roof Replacement 106,604 11 High School Heating/Ventilation 65,303 12 High School Auxiliary Gym Floor Replacement 109,386 13 Floyd Dryden School Gym Floor 108,236 14 Gastineau Elementary Heating Coil Replacement 133,053 15 Floyd Dryden Middle School Renovation 3,629,683 16 Kodiak Island Schools 17 Peterson Elementary Addition 756,000 18 Kodiak High School 1,106,875 19 Kenai/Soldotna Schools 20 McNeil Elementary Wastewater Plant 225,300 21 Kenai Central High School Reinsulate Exterior Walls 367,648 22 Anchorage Schools 23 Bartlett High School, Phase I 3,500,000 24 Eagle River/Chugiak High School 14,563,500 25 East High School, Phase I 7,295,400 26 Service High School, Phase I 4,998,000 27 Wendler Middle School, Phase I 4,231,500 28 Denali Elementary, Replacement 8,211,000 29 District Wide Projects/Major Maintenance 11,730,600 30 Matanuska-Susitna Schools 31 Matanuska-Susitna - Fire Alarm System - Five Schools 620,648
01 Matanuska-Susitna - Colony High School Septic System 159,416 02 Matanuska-Susitna - Fuel Tank Replacement 126,261 03 Matanuska-Susitna - Fire Sprinklers and Piping (3) 1,381,770 04 Matanuska-Susitna - Boiler/Heater Replacement 221,051 05 - Four Schools 06 Matanuska-Susitna - Carpet Replacement - six schools 423,507 07 Fairbanks North Star Borough Schools 08 District Wide Projects/Major Maintenance 750,000 09 Lower Yukon - Pilot Station School Replacement 17,654,003 10 Lower Yukon - Kotlik School Replacement 17,910,901 11 Kashunamiut - Chevak School Replacement 28,272,551 Northwest Arctic Schools 12 Ambler K-12 Improvements 924,586 13 Kiana K-12 Improvements 1,395,000 14 Noorvik K-12 Improvements 17,528,378 15 Bering Strait Schools 16 Elim School, Phase III 12,146,788 17 Southwest Region Schools 18 Manokotak School Replacement 14,689,464 19 Pribilof Island - St. George School Remodel 4,385,970 20 Lake and Peninsula-Pedro Bay School 1,557,714 21 Renovation/Relocation/Reconstruction 22 (b) The sum of $79,591,908 is appropriated to the University of Alaska for 23 construction and renovation of university facilities from the proceeds of the revenue bonds 24 described in sec. 3 of this Act that are issued by the Alaska Housing Finance Corporation, or 25 a subsidiary of the corporation, and is allocated among the following projects in the amounts 26 set out: 27 PROJECT ALLOCATION 28 University of Alaska - Southeast 29 Deferred Maintenance, Renewal and $ 1,687,854 30 Replacement, and Code Compliance 31 Classroom Building 7,600,000
01 University of Alaska - AVTEC Seward 02 Student Housing 4,200,000 03 University of Alaska - Anchorage 04 Consortium Library 36,000,000 05 Deferred Maintenance, Renewal and 4,220,000 06 Replacement, and Code Compliance 07 Matanuska-Susitna Ortner Building Replacement 685,000 08 University of Alaska - Fairbanks 09 Deferred Maintenance, Renewal and 25,199,054 10 Replacement, and Code Compliance (c) Subject to (d) of this section, the sum of $36,039,212 is appropriated 11 to the 12 Department of Transportation and Public Facilities to pay for construction and renovation of 13 port and harbor facilities from the proceeds of the revenue bonds described in sec. 3 of this 14 Act that are issued by the Alaska Housing Finance Corporation, or a subsidiary of the 15 corporation, and is allocated among the following projects in the amounts set out: 16 HARBOR TRANSFER PROJECT ALLOCATION 17 Ketchikan $ 7,000,000 18 Petersburg 3,300,000 19 Sitka 4,038,900 20 Juneau Area Harbors 21 Auke Bay Harbor 492,325 22 Douglas Dock/Harbor 1,241,421 23 Taku Harbor 38,566 24 Klawock 860,000 25 Seldovia 2,500,000 26 Whittier 1,835,600 27 Valdez 3,013,500 28 Cordova 4,337,800 29 Nome 1,000,000 30 CORPS OF ENGINEERS MATCH 31 Program Formulation 100,000
01 Ketchikan Harbor Study 200,000 02 Wrangell 500,000 03 Kake 404,000 04 Metlakatla - Tamgass 850,000 05 Ouzinkie 1,300,000 06 Seward Harbor Expansion 2,925,000 07 Perryville Harbor Feasibility 102,100 08 (d) Funds may not be expended for a port or harbor facility described in (c) of this 09 section unless 10 (1) the port or harbor facility is located in a municipality in which the port or 11 harbor facility is owned and operated by the municipality; 12 (2) ownership of the port or harbor facility that is being funded has been 13 transferred from the state to the municipality by a transfer agreement under AS 35.10.120; and 14 (3) the state completes a bill of sale transferring the port or harbor facility from 15 the state to the municipality. 16 (e) In this section, "subsidiary of the corporation" means a subsidiary corporation of 17 the Alaska Housing Finance Corporation created under a statute enacted by the Twenty-First 18 Alaska State Legislature that permits the corporation to create subsidiary corporations for the 19 purpose of financing or facilitating the financing of school construction, facilities for the 20 University of Alaska, or facilities for ports and harbors. 21 * Sec. 2. The appropriations made by this Act are for capital projects and lapse under 22 AS 37.25.020. 23 * Sec. 3. CONTINGENT EFFECTIVE DATE. This Act takes effect only if a bill is 24 passed by the Twenty-First Alaska State Legislature and is enacted into law that authorizes 25 the commissioner of revenue to sell to the Alaska Housing Finance Corporation the right to 26 receive a portion of the revenue derived from the settlement of State of Alaska v. Philip 27 Morris, Incorporated, et al, No. IJU-97-915CI (Alaska Super. 1997) and authorizes the Alaska 28 Housing Finance Corporation or a subsidiary of the corporation to issue revenue bonds that 29 are to be repaid either from the revenue derived from the settlement or from the revenue of 30 the Alaska Housing Finance Corporation. In this section, "subsidiary of the corporation" has 31 the meaning given in sec. 1 of this Act.