HB 316: "An Act authorizing projects of the Public Facilities Financing Corporation and the amount of the cost of the projects that may be borne by the Public Facilities Financing Corporation; and providing for an effective date."
00HOUSE BILL NO. 316 01 "An Act authorizing projects of the Public Facilities Financing Corporation and 02 the amount of the cost of the projects that may be borne by the Public Facilities 03 Financing Corporation; and providing for an effective date." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. AUTHORIZATION OF PUBLIC FACILITIES FINANCING 06 CORPORATION PROJECTS. Subject to the limitations of AS 35.45.010 - 35.45.900, the 07 Public Facilities Financing Corporation established under AS 35.45.010 is authorized under 08 AS 35.45.050(b)(1) to participate in the following projects and to spend no more than the 09 following amounts for those projects: 10 PROJECT AMOUNT 11 Public schools, K - 12 $120,857,700 12 University of Alaska 50,275,300 13 Harbors 18,203,000 14 Highways, the Alaska marine highway system, and
01 airports 61,192,200 02 Buildings and ADA compliance 43,100,600 03 Water, sewer, and fuel clean-up 6,313,900 04 TOTAL $299,942,700 05 * Sec. 2. This Act takes effect only if an Act that establishes the Public Facilities 06 Financing Corporation is adopted by the Twentieth Alaska State Legislature and enacted into 07 law. 08 * Sec. 3. If this Act takes effect under sec. 2 of this Act, it takes effect on the effective 09 date of an Act that establishes the Public Facilities Financing Corporation.