00 SENATE BILL NO. 235                                                                                                   
01 "An Act authorizing the exchange of land between the Alaska Railroad                                                    
02 Corporation and Eklutna, Inc., between the Alaska Railroad Corporation and the                                          
03 United States Department of the Army and the United States Department of the                                            
04 Air Force, between the Alaska Railroad Corporation and Chugach Alaska                                                   
05 Corporation, and between the Alaska Railroad Corporation and the Municipality                                           
06 of Anchorage; and providing for an effective date."                                                                     
07 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                               
08    * Section 1.  The uncodified law of the State of Alaska is amended by adding a new                                 
09 section to read:                                                                                                        
10  APPROVAL OF THE TRANSFER OF REAL PROPERTY TO EKLUTNA, INC.  (a)                                                        
11 The Alaska Railroad Corporation is authorized to convey the corporation's entire interest in                            
12 approximately 384 acres of rail land within Tract 39 of Dependent Resurvey of Rectangular                               
13 Survey of Township 15 North, Range 2 West, Seward Meridian, officially filed November 10,                               
14 1992, to Eklutna, Inc., for consideration including the conveyance of various parcels of land                           
01 to the corporation by Eklutna, Inc.                                                                                     
02  (b)  The conveyances described in this section are made for the purpose of realignment                                 
03 of railroad track to improve operating efficiency and enhance safety.                                                   
04  (c)  The land conveyed by Eklutna, Inc. to the Alaska Railroad Corporation shall be                                    
05 held and managed by the corporation in accordance with AS 42.40.                                                        
06  (d)  This section constitutes legislative approval under AS 42.40.285(1) for the Alaska                                
07 Railroad Corporation to convey its entire interest in the land described in (a) of this section.                        
08    * Sec. 2.  The uncodified law of the State of Alaska is amended by adding a new section                            
09 to read:                                                                                                                
10  APPROVAL OF THE TRANSFER OF REAL PROPERTY TO THE UNITED                                                                
11 STATES DEPARTMENT OF THE ARMY AND THE UNITED STATES DEPARTMENT                                                          
12 OF THE AIR  FORCE.  (a)  The Alaska Railroad Corporation is authorized to convey the                                    
13 corporation's entire interest in approximately 229 acres of railroad utility corridor between                           
14 railroad mileposts 118 and 127.5, within Township 13 North, Range 3 West, Seward Meridian,                              
15 Township 14 North, Range 3 West, Seward Meridian, and Township 14 North, Range 2 West,                                  
16 Seward Meridian to the United States Department of the Army and the United States                                       
17 Department of the Air  Force in exchange for the conveyance of approximately 225 acres of                               
18 land in the same vicinity to the corporation by the United States.                                                      
19  (b)  The conveyances described in this section are made for the purpose of realignment                                 
20 of railroad track to improve operating efficiency and enhance safety.                                                   
21  (c)  The land conveyed by the United States to the Alaska Railroad Corporation shall                                   
22 be held and managed by the corporation in accordance with AS 42.40.                                                     
23  (d)  This section constitutes legislative approval under AS 42.40.285(1) for the Alaska                                
24 Railroad Corporation to convey its entire interest in the land described in (a) of this section.                        
25    * Sec. 3.  The uncodified law of the State of Alaska is amended by adding a new section                            
26 to read:                                                                                                                
27  APPROVAL OF THE TRANSFER OF REAL PROPERTY TO CHUGACH ALASKA                                                            
28 CORPORATION.  (a)  Contingent upon the conveyance to the Alaska Railroad Corporation                                    
29 by the Chugach Alaska Corporation of an equivalent interest in real property onto which the                             
30 railroad utility corridor may be relocated, the Alaska Railroad Corporation is authorized to                            
31 convey the corporation's entire interest in approximately 6.4 acres of railroad utility corridor                        
01 between railroad mileposts 14 and 15, within Township 2 North, Range 1 East, Sections 6 and                             
02 7, Seward Meridian, to the Chugach Alaska Corporation.                                                                  
03  (b)  The conveyances described in this section are made for the purpose of realignment                                 
04 of the railroad to allow relocation of the Seward Highway by the Department of                                          
05 Transportation and Public Facilities to improve highway operations and enhance safety.                                  
06  (c)  Land conveyed by the Chugach Alaska Corporation to the Alaska Railroad                                            
07 Corporation shall be held and managed by the Alaska Railroad Corporation in accordance with                             
08 AS 42.40.                                                                                                               
09  (d)  This section constitutes legislative approval under AS 42.40.285(1) for the Alaska                                
10 Railroad Corporation to convey its entire interest in the land described in (a) of this section.                        
11    * Sec. 4.  The uncodified law of the State of Alaska is amended by adding a new section                            
12 to read:                                                                                                                
13  APPROVAL OF THE TRANSFER OF REAL PROPERTY TO THE MUNICIPALITY                                                          
14 OF ANCHORAGE.  (a)  The Alaska Railroad Corporation is authorized to convey the                                         
15 corporation's entire interest in approximately 9.6 acres of railroad utility corridor between                           
16 railroad mileposts 133 and 134, within Township 15 North, Range 2 West, Sections 13 and                                 
17 24, Seward Meridian, to the Municipality of Anchorage in exchange for the conveyance of                                 
18 approximately 13.6 acres of land in the same vicinity to the corporation by the Municipality                            
19 of Anchorage.                                                                                                           
20  (b)  The conveyances described in this section are made for the purpose of realignment                                 
21 of railroad track to improve operating efficiency and enhance safety.                                                   
22  (c)  The land conveyed by the Municipality of Anchorage to the Alaska Railroad                                         
23 Corporation shall be held and managed by the corporation in accordance with AS 42.40.                                   
24  (d)  This section constitutes legislative approval under AS 42.40.285(1) for the Alaska                                
25 Railroad Corporation to convey its entire interest in the land described in (a) of this section.                        
26    * Sec. 5.  This Act takes effect immediately under AS 01.10.070(c).