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HB 320: "An Act approving the application for and acceptance of a grant of certain federal land by the Alaska Railroad Corporation; approving the conveyance of the entire interest in the Whittier DeLong Dock and associated uplands, tidelands, and submerged lands by the Alaska Railroad Corporation; relating to use and disposition of the Whittier DeLong Dock and associated land; and providing for an effective date."

00HOUSE BILL NO. 320 01 "An Act approving the application for and acceptance of a grant of certain 02 federal land by the Alaska Railroad Corporation; approving the conveyance of the 03 entire interest in the Whittier DeLong Dock and associated uplands, tidelands, and 04 submerged lands by the Alaska Railroad Corporation; relating to use and 05 disposition of the Whittier DeLong Dock and associated land; and providing for 06 an effective date." 07 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 08 * Section 1. The uncodified law of the State of Alaska is amended by adding a new 09 section to read: 10 FINDINGS. The legislature finds that the Whittier DeLong Dock and the associated 11 land are required for essential railroad purposes and that the acquisition of the dock and 12 associated land by the Alaska Railroad Corporation is in the best interests of the state. 13 * Sec. 2. The uncodified law of the State of Alaska is amended by adding a new section 14 to read:

01 APPROVAL. The legislature authorizes the Alaska Railroad Corporation to apply for 02 and to accept a grant of a parcel of real property in Whittier, consisting of approximately 6.13 03 acres and the appurtenant facility known as the DeLong Dock, from the federal government 04 under terms of sec. 2837, Public Law 106-65. This section constitutes approval for the Alaska 05 Railroad Corporation to apply for and to accept a grant of federal land within a municipality 06 in accordance with AS 42.40.285(5). 07 * Sec. 3. The uncodified law of the State of Alaska is amended by adding a new section 08 to read: 09 USE AND DISPOSITION OF THE WHITTIER DELONG DOCK AND 10 ASSOCIATED LAND. (a) Within six months after the conveyance of the real property 11 described in sec. 2 of this Act from the United States to the Alaska Railroad Corporation, the 12 corporation shall reconvey ownership of the uplands, tidelands, and submerged lands located 13 on the property to the City of Whittier. The corporation shall retain ownership of the DeLong 14 Dock and railroad-associated facilities. 15 (b) In exchange for ownership of the land described in (a) of this section, the City of 16 Whittier shall 17 (1) subdivide the land into two parcels that are separated by the centerline of 18 the DeLong Dock; 19 (2) grant a lease to the parcel of land north of the centerline of the DeLong 20 Dock to the corporation. 21 (c) The corporation shall grant a lease to that portion of the DeLong Dock south of 22 the centerline of the dock to the City of Whittier. 23 (d) The corporation and the City of Whittier shall expeditiously and in good faith 24 undertake and complete the transactions described in this section under terms and conditions 25 that are mutually satisfactory. 26 (e) Pending the completion of the transactions described in this section, the 27 corporation and the City of Whittier shall enter into an interim agreement for the use of the 28 Whittier DeLong Dock and associated land consistent with the provisions of this section. 29 (f) During the five-year period beginning on the date that the real property described 30 in sec. 2 of this Act is conveyed from the United States to the corporation, the property shall 31 be used for economic development purposes.

01 * Sec. 4. The uncodified law of the State of Alaska is amended by adding a new section 02 to read: 03 APPROVAL. The legislature authorizes the Alaska Railroad Corporation to transfer 04 its entire interest in the land described in sec. 3(a) of this Act in accordance with sec. 3 of this 05 Act. This section constitutes legislative approval for the corporation to convey its entire 06 interest in that land under AS 42.40.285(1). 07 * Sec. 5. This Act takes effect immediately under AS 01.10.070(c).