00 HOUSE BILL NO. 546 01 "An Act providing for and relating to the issuance of general obligation bonds 02 in the amount of $600,211,000 for the purpose of paying the cost of acquiring, 03 constructing, reconstructing, and equipping public schools and of repair and major 04 maintenance of public school and University of Alaska facilities; and providing for 05 an effective date." 06 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 07 * Section 1. For the purpose of paying the cost of acquiring, constructing, reconstructing, 08 and equipping public schools and of repair and major maintenance of public school and 09 University of Alaska facilities, general obligation bonds of the state in the principal amount 10 of not more than $600,211,000, if authorized by the qualified voters of the state, shall be 11 issued and sold. The full faith, credit, and resources of the state are pledged to the payment 12 of the principal of and interest and redemption premium, if any, on the bonds. The bonds 13 shall be issued under the provisions of AS 37.15 as those provisions read at the time of 14 issuance. 01 * Sec. 2. If the issuance of the bonds is authorized by the qualified voters of the state, a 02 special fund of the state to be known as the "1996 public school and university project fund" 03 shall be established, to which shall be credited the proceeds of the sale of the bonds described 04 in sec. 1 of this Act except for the accrued interest and premiums. 05 * Sec. 3. (a) The amount of $448,568,500 is appropriated from the "1996 public school 06 and university project fund" to the Department of Education to be allocated among the 07 following projects in the amounts listed subject to reallocation between projects in accordance 08 with AS 37.07.080(e): 09 Newtok Elementary Addition $ 8,813,500 10 Chevak School Replacement 21,708,000 11 Buckland School Remediation 14,695,000 12 Golovin School 7,929,000 13 Elim School 10,713,000 14 Teller Elementary School 11,013,500 15 Togiak School Replacement 26,680,000 16 Howard Valentine School 253,500 17 Edna Bay School 131,500 18 Noorvik K-12 Expansion 15,278,000 19 Craig High School 15,669,500 20 Koyuk School 9,977,000 21 Naukati School 196,000 22 Akiachak Elementary School 14,295,500 23 Pilot Station K-12 Expansion 19,188,500 24 Tri-Valley School Addition/remodel 11,241,500 25 Kotlik K-12 Addition 20,977,500 26 Arctic Village K-12 School 2,207,500 27 Denali Elementary School Replacement 10,260,000 28 Kenny Lake School 2,609,000 29 Craig Elementary Addition 3,556,000 30 Glennallen Elementary School 4,477,000 31 Nordale Elementary School Replacement 10,652,500 01 White Mountain School 6,391,500 02 Delta Junction School Addition 16,640,500 03 Manokotak Schools 14,390,500 04 Sheldon Point K-12 Addition 12,874,000 05 Circle School Replacement 3,803,000 06 Minto School Addition 4,024,500 07 North Pole Elementary Replacement 10,141,500 08 Unalaska Elementary School 4,100,500 09 Atmautlauk Elementary Addition 3,845,000 10 Kiana K-12 Addition 11,135,500 11 Nikolaevsk School Addition 906,000 12 New Stuyahok Schools 14,822,500 13 Nulato School Replacement 19,518,500 14 Talkeetna School Addition/renovation 5,724,500 15 Dillingham Elementary Addition 1,448,500 16 Ambler K-12 Addition 12,893,500 17 Schoenbar School Addition/renovation 6,592,000 18 Upper Kalskag Elementary School 2,313,000 19 Allakaket School Addition/renovation 7,258,000 20 Angoon Elementary Addition 720,500 21 Kake Elementary Addition 806,500 22 Kaltag School Addition/renovation 5,309,500 23 False Pass School Addition/renovation 981,500 24 Chefornak Elementary Addition 424,500 25 Crooked Creek School Addition 3,214,500 26 Klawock High School 2,754,500 27 Kodiak Peterson School Addition 756,000 28 McGrath Vocational School Expansion 369,500 29 Northway Waste Water Treatment 146,000 30 Kodiak High School Renovation 2,117,500 31 Bethel Middle School 19,142,500 01 Aniak Schools 5,880,000 02 Tetlin School 76,000 03 Northway School Fuel Storage 153,000 04 Northway Spill Remediation 3,713,500 05 Juneau High School Overpass 140,500 06 Mentasta School Fuel Storage 517,000 07 (b) The amount of $121,642,500 is appropriated from the "1996 public school and 08 university project fund" to the Department of Education to be allocated among the following 09 projects in the amounts listed subject to reallocation between projects in accordance with 10 AS 37.07.080(e): 11 Romig JHS Roof Replacement $1,249,500 12 Birchwood ABC Roof Replacement 672,000 13 Anchorage School District, Fire Code Upgrade 1,389,500 14 Annette Island School District, Major Renovation 2,010,500 15 Chugach School District, Major Renovation 200,000 16 Delta/Greely School District, Roof Repair and 17 Fire Alarm System 1,431,000 18 Hunter Elementary School Renovation 4,219,500 19 Eielson High School Renovation 8,566,500 20 West Valley High School Renovation 7,853,000 21 Barnette Elementary School Renovation 3,667,000 22 Fairbanks School District, ADA Compliance 4,822,500 23 Haines Borough Schools, Roof Repairs 189,000 24 Hoonah School District, Roof Repair 1,561,500 25 Hydaburg School District, Major Maintenance 613,000 26 Iditarod Area Schools, Major Maintenance 760,500 27 Juneau High School, Roof Repair 719,000 28 Marie Drake School, Roof Replacement 740,500 29 Mendenhall River School, Roof Replacement 1,517,000 30 Auke Bay Elementary, Roof Replacement 509,500 31 Juneau School District, Floor Repairs 149,000 01 Kake School District, Major Maintenance 2,713,000 02 Kenai Peninsula School District, Roof 03 Replacement 173,000 04 Kenai Peninsula School District, ADA 05 Compliance and Repairs 580,500 06 White Cliff Elementary School, Code Upgrade 995,500 07 Klawock Schools, Major Maintenance 2,079,500 08 Pedro Bay School Renovation 720,000 09 Lake and Peninsula School District, Major 10 Maintenance 1,800,000 11 Mikelnguut Elitnaurviat School, Roof Repair 949,000 12 Nelson Island High School, Roof Repair 703,000 13 Napakiak School Relocation 4,423,000 14 Lower Kuskokwim School District, Bulk Fuel 15 Storage Repairs 3,547,000 16 Lower Kuskokwim School District, Water 17 Treatment Upgrade 5,791,500 18 Lower Kuskokwim School District, Asbestos 19 Abatement 4,283,000 20 Lower Kuskokwim School District, ADA 21 Compliance Upgrade 2,240,500 22 Pilot Station High School Renovation 2,062,500 23 Kotlik High School Renovation 2,530,500 24 Sheldon Point High School Renovation 2,068,500 25 Hooper Bay School, Major Maintenance 514,500 26 Nenana School District, Major Maintenance 237,500 27 Nome Beltz School, Major Maintenance 1,540,000 28 North Slope School District, Bulk Fuel 29 System Upgrades 7,800,000 30 Kiana High School Renovation 2,383,500 31 Noorvik High School Renovation 2,562,000 01 Ambler High School Renovation 2,131,000 02 Northwest Arctic School District, Major 03 Maintenance 1,293,500 04 Pelican School, Roof Replacement 301,500 05 St. Paul School, Asbestos Abatement 160,500 06 Sitka High School Renovation 5,182,000 07 Baranof Elementary School Renovation 5,200,000 08 Sitka School District, Major Maintenance 1,302,500 09 Koliganek School Renovation 808,000 10 St. Mary's School District, Health and Life 11 Safety Repairs 775,500 12 Tanana School District, Major Maintenance 312,500 13 Unalaska School District, Roof Replacement 140,500 14 Wrangell School District, Major Maintenance 226,500 15 Yukon-Koyukuk School District, Roof Repair 16 Projects 2,294,000 17 Yukon-Koyukuk School District, Bulk Fuel 18 System Upgrades 4,606,500 19 Yukon-Koyukuk School District, ADA 20 Compliance and Structural Repairs 1,370,500 21 (c) The amount of $30,000,000 is appropriated from the "1996 public school and 22 university project fund" to the University of Alaska for major repair and maintenance of 23 facilities. 24 * Sec. 4. If the issuance of the bonds is authorized by the qualified voters of the state, the 25 amount of $2,100,739 or as much of that amount as is found necessary is appropriated from 26 the general fund of the state to the state bond committee to carry out the provisions of this 27 Act and to pay expenses incident to the sale and issuance of the bonds authorized in this Act. 28 The amounts expended from the appropriation authorized by this section shall be reimbursed 29 to the general fund from the proceeds of the sale of the bonds authorized by this Act. 30 * Sec. 5. The amount withdrawn from the public facility planning fund (AS 35.10.135) for 31 the purpose of advance planning for the improvements financed under this Act shall be reimbursed to the fund from 01 the proceeds of the sale of bonds authorized by this Act. 02 * Sec. 6. The unexpended and unobligated balance of the appropriations made in sec. 3 of 03 this Act lapses under AS 37.25.020 and is appropriated to the state bond committee to redeem 04 bonds sold under this Act. The amounts expended from the general fund to pay the principal, 05 interest, and redemption premium on bonds issued under this Act shall be reimbursed to the 06 general fund from the appropriation made under this section to the extent that the money is 07 not needed to redeem the bonds. 08 * Sec. 7. The question whether the bonds authorized in this Act are to be issued shall be 09 submitted to the qualified voters of the state at the next general election and shall read 10 substantially as follows: 11 P R O P O S I T I O N 12  State General Obligation Public School 13 and University Project Bonds $600,211,000 14 Shall the State of Alaska issue its general obligation bonds in 15 the principal amount of not more than $600,211,000 for the 16 purpose of paying the cost of acquiring, constructing, 17 reconstructing, and equipping public schools and of repair and 18 major maintenance of public school and University of Alaska 19 facilities? 20 Bonds Yes [ ] 21 Bonds No [ ] 22 * Sec. 8. This Act takes effect immediately under AS 01.10.070(c).