CSHB 525(FIN): "An Act relating to the issuance of general obligation bonds for the purpose of paying the cost of deferred maintenance of public facilities; and providing for an effective date."
00 CS FOR HOUSE BILL NO. 525(FIN) 01 "An Act relating to the issuance of general obligation bonds for the purpose of paying 02 the cost of deferred maintenance of public facilities; and providing for an effective 03 date." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. The uncodified law of the State of Alaska is amended by adding a new section 06 to read: 07 GENERAL OBLIGATION BONDS. For the purpose of paying the cost of deferred 08 maintenance of public facilities, general obligation bonds of the state in the principal amount 09 of not more than $199,317,717, if ratified by a majority of the qualified voters of the state 10 who vote on the question, shall be issued and sold. The full faith, credit, and resources of the 11 state are pledged to the payment of the principal of and interest and redemption premium, if 12 any, on the bonds. The bonds shall be issued under the provisions of AS 37.15 as those 13 provisions read at the time of issuance. 14 * Sec. 2. The uncodified law of the State of Alaska is amended by adding a new section to
01 read: 02 PUBLIC FACILITY DEFERRED MAINTENANCE FUND. If the issuance of the 03 bonds is ratified by a majority of the qualified voters of the state who vote on the question, a 04 special fund of the state to be known as the "public facility deferred maintenance fund" shall 05 be established, to which shall be credited the proceeds of the sale of the bonds described in 06 sec. 1 of this Act except for the accrued interest and premiums. 07 * Sec. 3. The uncodified law of the State of Alaska is amended by adding a new section to 08 read: 09 DEPARTMENT OF EDUCATION AND EARLY DEVELOPMENT. The amount of 10 $113,370,217 is appropriated from the public facility deferred maintenance fund to the 11 Department of Education and Early Development to be awarded as grants for deferred 12 maintenance projects for public schools of this state and, subject to reallocation between 13 projects in accordance with AS 37.07.080(e), for the following projects and estimates: 14 PROJECT LOCATION AMOUNT 15 (1) Wendler Middle School Anchorage $12,821,521 16 building renovation Phase 2 17 (2) Hooper Bay structural repairs Lower Yukon 258,901 18 (3) Blatchley waterline emergency Sitka City Borough 79,170 19 repair 20 (4) Gustavus gymnasium renovation Chatham 394,065 21 (5) Schoenbar renovation Ketchikan 5,522,692 22 (6) Glennallen Elementary School Copper River 927,069 23 upgrade 24 (7) District-wide major maintenance Petersburg City 1,001,662 25 (8) Hoonah Elementary major Hoonah City 1,805,501 26 maintenance 27 (9) Angoon ADA access renovation Chatham 134,806 28 (10) Glennallen High School gym Copper River 152,709 29 renovation 30 (11) Hermon Hutchens Elementary Valdez City 1,282,453 31 School roof repair
01 (12) Tikigaq School renovation North Slope Borough 3,741,661 02 (13) Hydaburg School renovation Hydaburg City 5,822,106 03 (14) Kobuk School boiler upgrade Northwest Arctic 176,418 04 (15) Palmer Junior Middle School Matanuska-Susitna 839,416 05 sprinklers and piping Borough 06 (16) Shungnak K-12 renovation Northwest Arctic 2,809,962 07 (17) Haines drainage Haines 308,123 08 (18) Mt. Eccles roof replacement Cordova 269,442 09 (19) Galena High School floor Galena 154,841 10 renovation 11 (20) Skagway roof replacement Skagway City 177,756 12 (21) Nenana kitchen/cafeteria Nenana City 324,287 13 renovation 14 (22) Wrangell district-wide major Wrangell City 1,015,852 15 maintenance 16 (23) Elicavicuar Elementary boiler St. Mary's 161,346 17 replacement 18 (24) King Career Center code upgrade Anchorage 5,110,000 19 and renovation 20 (25) Kaltag School renovation Yukon-Koyukuk 2,461,577 21 (26) Tanana major maintenance Tanana City 2,606,707 22 (27) Yakutat High School gymnasium Yakutat Borough 125,801 23 structural repair 24 (28) Ouzinkie School gym renovation Kodiak Island 660,874 25 (29) Chester Valley Elementary School Anchorage 5,611,743 26 renovation and addition 27 (30) Susitna Valley High School, Matanuska-Susitna 326,239 28 Iditarod, snowshoe fire alarms Borough 29 (31) Dillingham Elementary School Dillingham City 107,928 30 weatherization 31 (32) Craig Elementary School Craig City 1,377,669
01 renovation 02 (33) Blatchley water system upgrades Sitka City Borough 253,381 03 (34) Klukwan mechanical system Chatham 138,137 04 renovation 05 (35) Chenega Bay major maintenance Chugach 10,520 06 (36) Chalkyitsik sewage lagoon and Yukon Flats 156,249 07 water tank project 08 (37) Kake Middle School renovation Kake City 470,415 09 (38) Cantwell School sprinkler system Denali Borough 699,201 10 installation and heating system 11 upgrade 12 (39) Elicavicuar Elementary tank farm St. Mary's 218,035 13 upgrades 14 (40) District-wide lighting retrofit Sitka City Borough 674,113 15 (41) George Morgan Sr. High School Kuspuk 452,647 16 sewage system replacement 17 (42) Old Harbor gym voc-ed renovation Kodiak Island 1,096,001 18 (43) Kenai schools fire alarm Kenai Peninsula 1,500,000 19 upgrades 20 (44) Cantwell School roof replacement Denali Borough 367,833 21 and code upgrade 22 (45) District-wide roofing, siding, and Lake and Peninsula 1,757,158 23 window replacement 24 (46) Nenana vocational education Nenana City 494,205 25 building renovation 26 (47) Haines High School Haines 153,051 27 exterior maintenance 28 and repairs 29 (48) District-wide roof replacement Anchorage 1,302,000 30 and repairs 31 (49) Anderson School heating and Denali Borough 1,305,934
01 ventilation upgrade 02 (50) Northway School structural Alaska Gateway 956,636 03 upgrade 04 (51) Tetlin sewer line project Alaska Gateway 77,081 05 (52) Nenana ADA access Nenana City 173,195 06 (53) Deering improvements Phase 1 Northwest Arctic 1,801,553 07 (54) District-wide structural repairs Yukon-Koyukuk 474,162 08 (55) District-wide fuel tank upgrades Yukon-Koyukuk 5,066,932 09 (56) Dillingham High School gym roof Dillingham City 158,151 10 (57) Yakutat High School interior Yakutat Borough 72,258 11 renovation 12 (58) District-wide fuel tank upgrade Chugach 133,428 13 (59) Craig Middle School renovation Craig City 2,209,245 14 (60) Tatitlek generator replacement Chugach 154,312 15 (61) Anderson School septic leach- Denali Borough 134,660 16 field replacement 17 (62) District-wide ADA code upgrades Yukon-Koyukuk 981,036 18 (63) District-wide mechanical projects Anchorage 10,150,000 19 (64) District-wide minor building Anchorage 3,513,627 20 renewal projects 21 (65) District-wide traffic safety Anchorage 787,500 22 upgrades 23 (66) Birchwood and Girdwood Anchorage 3,710,000 24 Elementary Schools and 25 Chugiak High School public 26 water/sewer service 27 (67) District electrical projects Anchorage 864,500 28 (68) District-wide hazardous materials/ Anchorage 997,013 29 ADA code issues 30 (69) District-wide asbestos abatement Kenai Peninsula 2,000,000 31 (70) District-wide electrical upgrades Kenai Peninsula 2,000,000
01 (71) Juneau-Douglas High School Juneau 2,700,000 02 renovation 03 (72) Nome-Beltz High School Nome 2,691,000 04 renovations 05 (73) Sterling Elementary Kenai Peninsula 91,000 06 School improvements 07 (74) Ninilchik School upgrade Kenai Peninsula 301,000 08 and repairs 09 (75) Nikolaevsk School upgrades Kenai Peninsula 35,000 10 and repairs 11 (76) Nikiski Elementary School Kenai Peninsula 231,000 12 upgrades and repairs 13 (77) North Star Elementary School Kenai Peninsula 35,000 14 upgrades and repairs 15 (78) Nikiski High School repairs Kenai Peninsula 35,000 16 (79) District-wide ADA code Yukon-Koyukuk 981,036 17 upgrades 18 (80) Dillingham High School Dillingham City 64,623 19 fire panel replacement 20 (81) Hoonah pool upgrades Hoonah City 171,092 21 * Sec. 4. The uncodified law of the State of Alaska is amended by adding a new section to 22 read: 23 UNIVERSITY OF ALASKA. The amount of $5,560,000 is appropriated from the 24 public facility deferred maintenance fund to the University of Alaska for the following 25 deferred maintenance projects, subject to reallocation between projects in accordance with 26 AS 37.07.080(e): 27 PROJECT LOCATION AMOUNT 28 (1) Prince William Sound Valdez $835,000 29 classroom building 30 renovation 31 (2) Matanuska-Susitna classroom Palmer 650,000
01 building renovation 02 (3) Robertson classroom/parking Ketchikan 385,000 03 lot renovation 04 (4) Kodiak classroom building Kodiak 500,000 05 renovation 06 (5) Tanana Valley space renovation Fairbanks 2,000,000 07 (6) Chukchi classroom building Kotzebue 580,000 08 renovation 09 (7) Interior/Aleutians classroom Interior/Aleutians 240,000 10 building renovation 11 (8) Northwest College classroom Nome 190,000 12 building renovation 13 (9) Kuskokwim College classroom Bethel 180,000 14 building renovation 15 * Sec. 5. The uncodified law of the State of Alaska is amended by adding a new section to 16 read: 17 DEPARTMENT OF TRANSPORTATION AND PUBLIC FACILITIES. The 18 amount of $31,887,500 is appropriated from the public facility deferred maintenance fund to 19 the Department of Transportation and Public Facilities for the following deferred maintenance 20 projects, subject to reallocation between projects in accordance with AS 37.07.080(e): 21 PROJECT AMOUNT 22 (1) Whittier Harbor renovation $2,449,000 23 (2) Seldovia Harbor renovation 2,628,000 24 (3) Petersburg harbor renovation (Middle 3,729,000 25 and South harbors) 26 (4) Juneau harbor renovation (Auke 7,119,000 27 Bay Harbor, Aurora Harbor, Harris 28 Harbor, Douglas Harbor and dock, 29 North Douglas launch ramp, Taku 30 Harbor) 31 (5) Ketchikan harbor renovation (Thomas 3,938,000
01 Basin Harbor, Ryus float, Bar 02 Harbor North, Hole-in-the-Wall 03 Harbor, Knudson Cove Harbor) 04 (6) Sitka harbor renovation (Thomsen 2,234,500 05 Harbor, Crescent Harbor, Sealing 06 Cove Harbor) 07 (7) Cordova harbor renovation 4,876,000 08 (8) Wrangell harbor renovation (Standard 3,492,000 09 Harbor, Reliance float, Inner 10 Harbor Fish and Game Dock, 11 Shoemaker Harbor) 12 (9) Yakutat harbor renovation 526,000 13 (10) Klawock harbor and seaplane float 896,000 14 renovation 15 * Sec. 6. The uncodified law of the State of Alaska is amended by adding a new section to 16 read: 17 DEPARTMENT OF TRANSPORTATION AND PUBLIC FACILITIES. The 18 amount of $48,500,000 is appropriated from the public facility deferred maintenance fund to 19 the Department of Transportation and Public Facilities to be allocated to the following 20 departments for the following deferred maintenance projects in the amounts set out, subject to 21 reallocation between projects in accordance with AS 37.07.080(e): 22 PROJECT DEPARTMENT AMOUNT 23 (1) Major deferred maintenance Administration $8,000,000 24 of state-owned office 25 buildings statewide 26 (2) Pioneers' Homes facility Administration 6,000,000 27 major deferred maintenance 28 statewide 29 (3) Correctional facility major Corrections 9,500,000 30 deferred maintenance 31 statewide
01 (4) Mt. Edgecumbe High School Education and 3,000,000 02 and Alaska Vocational Early Development 03 Technical Center major 04 deferred maintenance 05 (5) Buildings major deferred Fish and Game 1,400,000 06 maintenance statewide 07 (6) State-wide ADA compliance Transportation and 2,500,000 08 Public Facilities 09 (7) Youth facility repairs and Health and Social 6,000,000 10 renovation (including Nome Services 11 Youth Facility), health clinics 12 and facilities, and other building 13 major deferred maintenance 14 statewide 15 (8) Military facility renovation at Military and Veterans' 1,000,000 16 Camp Carroll, Kulis, Eielson, Affairs 17 and armory major deferred 18 maintenance statewide 19 (9) Major deferred maintenance at Natural Resources 1,000,000 20 state parks and forestry 21 stations statewide 22 (10) Major deferred maintenance on Public Safety 2,100,000 23 hangars, public safety offices, 24 and housing, including roof 25 replacements and weatherization 26 enhancements statewide 27 (11) Major deferred maintenance of Transportation and 6,000,000 28 state offices and facilities Public Facilities 29 statewide 30 (12) Major deferred maintenance Alaska Court System 2,000,000 31 of court facilities statewide
01 * Sec. 7. The uncodified law of the State of Alaska is amended by adding a new section to 02 read: 03 STATE BOND COMMITTEE. If the issuance of the bonds is ratified by a majority 04 of the qualified voters of the state who vote on the question, the amount of $697,612 or as 05 much of that amount as is found necessary is appropriated from the proceeds of the sale of the 06 bonds authorized by this Act to the state bond committee to carry out the provisions of this 07 Act and to pay expenses incident to the sale and issuance of the bonds authorized by this Act. 08 * Sec. 8. The uncodified law of the State of Alaska is amended by adding a new section to 09 read: 10 ADVANCE PLANNING. Any amount withdrawn from the public facility planning 11 fund (AS 35.10.135) for the purpose of advance planning for the capital improvements 12 financed under this Act shall be reimbursed to the fund from the proceeds of the sale of bonds 13 authorized by this Act. 14 * Sec. 9. The uncodified law of the State of Alaska is amended by adding a new section to 15 read: 16 LAPSE; REDEMPTION; REIMBURSEMENT. The unexpended and unobligated 17 balances of the appropriations made in secs. 3 - 6 of this Act lapse under AS 37.25.020 and 18 are appropriated to the state bond committee to redeem bonds sold under this Act. The 19 amounts expended from the general fund to pay the principal, interest, and redemption 20 premium on bonds issued under this Act shall be reimbursed to the general fund from the 21 appropriation made under this section to the extent that the money is not needed to redeem the 22 bonds. 23 * Sec. 10. The uncodified law of the State of Alaska is amended by adding a new section to 24 read: 25 BALLOT QUESTION. The question whether the bonds authorized by this Act are to 26 be issued shall be submitted to the qualified voters of the state at the next general election and 27 shall read substantially as follows: 28 P R O P O S I T I O N 29 State General Obligation Public Facility Deferred Maintenance 30 Bonds $199,317,717 31 Shall the State of Alaska issue its general obligation bonds in
01 the principal amount of not more than $199,317,717 for the 02 purpose of paying for the cost of deferred maintenance of public 03 facilities? 04 Bonds Yes [ ] 05 Bonds No [ ] 06 * Sec. 11. This Act takes effect immediately under AS 01.10.070(c).