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2009-02-27 :
Muñoz's HB 161 Authorizes New State Office Building

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The 26th Alaska State Legislature, 1st
Session

Sponsor Statement: House Bill 161

Certificates Of Participation For Subport

Sponsored by Rep. Cathy
Muñoz
Co-Sponsors: Rep. Bill Thomas, Rep. Beth
Kerttula

Rep. Cathy Muñoz
(R-4)
Co-Chair, (H) CRA Com.

“An Act relating to the Alaska Mental Health Trust Authority
Subport Office Building; authorizing the issuance of certificates of
participation for construction of the building and authorizing the use of
up to $25,000,000 from the mental health trust fund for construction of
the building; approving leases of all or part of the building by the
Department of Administration; and providing for an effective
date.”

Posted: March 10,
2009
Status: (H) CRA : 2009-02-27
Next Hearing:
(H) CRA : 2009-03-12 8:00 am, Room 124
Contact:

Terry Harvey, 465-5392

HB 161 will
enable the Alaska Mental Health Trust to move forward with construction
and ownership of a new office facility on land the Trust owns in downtown
Juneau.

The core mission of the Mental Health Trust is to develop
and manage Trust assets for the benefit of mental health beneficiaries in
the areas of health, safety, quality of life and economic security. Trust
beneficiaries live in communities across Alaska. They are friends,
neighbors, and family members facing mental illness, developmental
disabilities, chronic alcoholism, Alzheimer's disease, and dementia.

The Trust has identified land in Juneau as a top priority for
development. HB 161 enables the Trust to develop, through the issuance of
certificates of participation, much needed office and retail space. Four
State agencies are currently housed in aging facilities, all in need of
major renovation. The proposed building, using modern construction
standards, and new energy saving technologies, will reduce both operating
and maintenance costs. From a centralized location the offices will
function with improved efficiencies and better public access.

Most
importantly, over time, a new facility will save the State of Alaska
money, and will provide a steady revenue stream to Trust beneficiaries.
Development of Trust assets will provide a return on investment for
beneficiaries, in turn enriching the lives of those served.

House Resolution 6
passed unanimously on February 25, 2009 by the Alaska House of
Representatives. It encourages the Trust to pursue this type of project on
behalf of its beneficiaries. It states in part:

"BE IT
RESOLVED that the House of Representatives encourages the Alaska
Mental Health Trust Authority to develop its land and resources to the
fullest extent possible, consistent with its legal and moral
responsibility to advance mental health services and employment
opportunities that protect and enhance the lives of those who benefit from
the mental health trust."

# # #

Speaker Of The House

Rep. Mike
Chenault

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