1994-02-11                     Senate Journal                      Page 2798
SB 304                                                                       
$45 million in bonds for repair and rehabilitation of other university         
facilities.  This program will allow the buildings to be repaired now,         
with costs of the upgrades spread over the remaining useful life of            
the facilities.  Repayment of the debt service will be made from               
annual legislative appropriations from the Alaska debt retirement              
fund (AS 37.05.011).  The historic low interest rates currently                
prevailing in the national capital markets, combined with reduced              
future maintenance and operating costs brought about by fixing the             
university facilities, makes this approach particularly appropriate this       
year.                                                                          
                                                                               
I urge your early and favorable consideration of this legislation.             
                                                                               
						Sincerely,                                                               
						/s/                                                                      
						Walter J. Hickel                                                         
						Governor                                                                 
                                                                               
                                                                               
                        CONSIDERATION OF THE CALENDAR                        
                                                                               
                        SECOND READING OF SENATE BILLS                       
                                                                               
SB 221                                                                       
SENATE BILL NO. 221 "An Act relating to arrest of a person for                 
illegal possession, consumption, or control of alcohol; and providing          
for an effective date" was read the second time.                               
                                                                               
Senator Taylor moved and asked unanimous consent that SENATE                   
BILL NO. 221 be considered engrossed, advanced to third reading                
and placed on final passage.  Without objection, it was so ordered.            
                                                                               
SENATE BILL NO. 221 was read the third time.                                   
                                                                               
Senators Duncan, Miller, Pearce, Kelly, Leman, Little, Frank,                  
Donley, Sharp, Halford, Zharoff moved and asked unanimous consent              
that they be shown as cosponsors on the bill.  Without objection, it           
was so ordered.