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Enrolled SB 103: Authorizing the transfer of land from the Alaska Railroad Corporation to Eklutna, Inc.; and providing for an effective date.

00Enrolled SB 103 01 Authorizing the transfer of land from the Alaska Railroad Corporation to Eklutna, Inc.; and 02 providing for an effective date. 03 _______________ 04 * Section 1. The uncodified law of the State of Alaska is amended by adding a new section 05 to read: 06 APPROVAL OF THE TRANSFER OF REAL PROPERTY TO EKLUTNA, INC. (a) 07 The Alaska Railroad Corporation is authorized to convey the corporation's entire interest in 08 approximately 48.17 acres, more or less, of rail land located within Township 16 North, 09 Range 1 West, Section 24, lot 9, SW1/4NE1/4, Seward Meridian, to Eklutna, Inc. 10 (b) The conveyance described in this section is made for the purpose of fulfilling the 11 obligations of the State of Alaska established by the North Anchorage Land Agreement and 12 Section 1425, P.L. 96-487, 94 Stat. 2371 (Alaska National Interest Lands Conservation Act) 13 regarding certain property that ceases to be used for mass and bulk transportation purposes 14 and the obligations of the Alaska Railroad Corporation established by the settlement

01 agreement between the Alaska Railroad Corporation and Eklutna, Inc., dated January 8, 1987, 02 regarding Native land claims. 03 (c) This section constitutes legislative approval under AS 42.40.285(1) for the Alaska 04 Railroad Corporation to convey its entire interest in the land described in (a) of this section. 05 * Sec. 2. This Act takes effect immediately under AS 01.10.070(c).