ALASKA STATE LEGISLATURE  SENATE COMMUNITY AND REGIONAL AFFAIRS STANDING COMMITTEE  January 30, 2018 3:29 p.m. MEMBERS PRESENT Senator Click Bishop, Chair Senator Anna MacKinnon Senator Lyman Hoffman Senator Bert Stedman Senator Berta Gardner MEMBERS ABSENT  All members present COMMITTEE CALENDAR  SENATE BILL NO. 125 "An Act relating to the financing and issuance of bonds for a liquefied natural gas production system and natural gas distribution system; and providing for an effective date." - MOVED CSSB 125(CRA) OUT OF COMMITTEE PREVIOUS COMMITTEE ACTION  BILL: SB 125 SHORT TITLE: EXTEND BOND AUTH FOR INTERIOR ENERGY PROJ SPONSOR(s): SENATOR(s) KELLY 01/16/18 (S) PREFILE RELEASED 1/8/18 01/16/18 (S) READ THE FIRST TIME - REFERRALS 01/16/18 (S) CRA, FIN 01/25/18 (S) CRA AT 3:30 PM BELTZ 105 (TSBldg) 01/25/18 (S) Heard & Held 01/25/18 (S) MINUTE(CRA) 01/30/18 (S) CRA AT 3:30 PM BELTZ 105 (TSBldg) WITNESS REGISTER BRYCE WARD, Mayor City of North Pole, Alaska POSITION STATEMENT: Supported SB 125. JIM MATHERLY, Mayor City of Fairbanks, Alaska POSITION STATEMENT: Supported SB 125. JON COOK, CFO Airport Equipment Rentals, Inc. Fairbanks, Alaska POSITION STATEMENT: Supported SB 125. KARL KASSEL, Mayor Fairbanks North Star Borough Fairbanks, Alaska POSITION STATEMENT: Supported SB 125. ACTION NARRATIVE 3:29:27 PM CHAIR CLICK BISHOP called the Senate Community and Regional Affairs Standing Committee meeting to order at 3:29 p.m. Present at the call to order were Senators Stedman, Gardner, Hoffman, MacKinnon, and Chair Bishop. SB 125-EXTEND BOND AUTH FOR INTERIOR ENERGY PROJ  3:29:59 PM CHAIR BISHOP announced consideration of SB 125. [CSSB 125, version 30-LS1004\A, was before the committee.] SENATOR STEDMAN moved to adopt CSSB 125(CRA), version 30- LS1004\O, for discussion purposes. There were no objections and it was so ordered. CHAIR BISHOP, finding no discussion from committee members, opened public testimony. 3:31:07 PM BRYCE WARD, Mayor, City of North Pole, Alaska, supported SB 125 saying this project will provide better air quality and a stable energy supply for the Interior. 3:32:11 PM JIM MATHERLY, Mayor, City of Fairbanks, Alaska, supported Mayor Ward's comments in support of SB 125. Last night, he said Resolution 4823 supporting the bonding extension was passed unanimously by the City Council. This project is better for the long term goals for affordable energy for the Interior and air quality. 3:33:14 PM JON COOK, CFO, Airport Equipment Rentals, Inc, Fairbanks, Alaska, supported SB 125. In addition to the benefits it will provide to their operations business of equipment rentals, they are one of the larger real estate development companies in Fairbanks, and a reliable supply of natural gas would make it possible for Fairbanks to have more big box retail stores. These box stores would provide affordable goods and jobs for people in Fairbanks. 3:35:29 PM KARL KASSEL, Mayor, Fairbanks North Star Borough, Fairbanks, Alaska, supported SB 125. He echoed previous comments and said this is very important for their community. CHAIR BISHOP, finding no further comments, closed public testimony. He reported that this past weekend he was in Fairbanks and went by the south Fairbanks storage facility and was happy to report that the project looks to be progressing well. SENATOR STEDMAN moved to report CSSB 125(CRA) from committee with individual recommendations and attached zero fiscal note. There were no objections and it was so ordered. 3:37:51 PM CHAIR BISHOP, finding no further business, adjourned the Senate Community and Regional Affairs Committee meeting at 3:37 p.m.