Legislature(1999 - 2000)
2000-01-24 Senate Journal
Full Journal pdf2000-01-24 Senate Journal Page 2052 SB 219 SENATE BILL NO. 219 BY THE SENATE RULES COMMITTEE BY REQUEST OF THE GOVERNOR, entitled: An Act relating to the granting authority of and extending the termination date of the Alaska regional economic assistance program; and providing for an effective date. was read the first time and referred to the Labor and Commerce and Finance Committees. Fiscal note published today from Department of Community and Economic Development. 2000-01-24 Senate Journal Page 2053 SB 219 Governors transmittal letter dated January 21: Dear President Pearce: As part of the state's continuing efforts to enhance Alaska's economy, I am transmitting this bill to reauthorize the program for Alaska regional development organizations (ARDORs). The ARDOR program provides state grants to nonprofit organizations formed to encourage economic development within a particular region of the state. Each ARDOR must demonstrate local commitment to the program through matching funds. This year, the ARDORs used the $620,000 received from the state to leverage an additional $3,500,000 in public and private contributions for economic development activities. This bill extends the ARDOR program for three years, to July 1, 2003, and permits an increase in the number of regional development organizations from 15 to 17 that may receive grants from the Department of Community and Economic Development. This will allow the state to extend the program benefits to two areas that have expressed interest in being recognized as ARDORs, providing sufficient funding is appropriated. Regional development organizations play an important role in Alaska's economic development efforts. I urge your prompt and favorable action on this measure. Sincerely, /s/ Tony Knowles Governor