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SB 18: "An Act providing for and relating to the issuance of general obligation bonds in the amount of $161,810,673 for the purpose of paying the cost of acquiring, constructing, reconstructing, and equipping public schools and of major repair and maintenance of public schools; and providing for an effective date."

00SENATE BILL NO. 18 01 "An Act providing for and relating to the issuance of general obligation bonds 02 in the amount of $161,810,673 for the purpose of paying the cost of acquiring, 03 constructing, reconstructing, and equipping public schools and of major repair and 04 maintenance of public schools; and providing for an effective date." 05 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 06 * Section 1. For the purpose of paying the cost of acquiring, constructing, reconstructing, 07 and equipping public schools and of major repair and maintenance of public schools, general 08 obligation bonds of the state in the principal amount of not more than $161,810,673, if 09 authorized by the qualified voters of the state, shall be issued and sold. The full faith, credit, 10 and resources of the state are pledged to the payment of the principal of and interest and 11 redemption premium, if any, on the bonds. The bonds shall be issued under the provisions 12 of AS 37.15 as those provisions read at the time of issuance. 13 * Sec. 2. If the issuance of the bonds is authorized by the qualified voters of the state, a 14 special fund of the state to be known as the "1997 public school fund" shall be established,

01 to which shall be credited the proceeds of the sale of the bonds described in sec. 1 of this Act 02 except for the accrued interest and premiums. 03 * Sec. 3. (a) The amount of $49,665,024 is appropriated from the "1997 public school 04 fund" to the Department of Education to be allocated among the following major repair and 05 maintenance projects in the amounts listed subject to reallocation between projects in 06 accordance with AS 37.07.080(e): 07 Alaska Gateway Northway soil remediation 135,359 08 Alaska Gateway Northway wastewater treatment 141,398 09 Alaska Gateway Northway fuel storage replacement 174,085 10 Alaska Gateway Mentasta storage tank 551,243 11 Alaska Gateway Tetlin sewer line 71,682 12 Anchorage Romig Junior High roof 1,256,500 13 Anchorage Birchwood roof replacement 679,000 14 Annette Island Asbestos abatement 115,365 15 Annette Island Major maintenance renovation 3,464,346 16 Bering Strait Diomede structural remediation Phase II 17 and III 336,720 18 Bristol Bay Sprinkler system 1,658,393 19 Chatham Angoon High School major maintenance 295,649 20 Chatham Tenakee retaining wall replacement 234,540 21 Chugach District wide fuel tank upgrade 189,506 22 Chugach District wide building security and ADA 63,872 23 Chugach Tatitlek generator replacement 102,399 24 Chugach Whittier drainage 141,716 25 Cordova Elementary and High School renovation 95,036 26 Craig Elementary roof replacement 501,547 27 Delta/Greely Delta roof repair and fire alarm replacement 1,052,533 28 Fairbanks Nordale: planning, design and renovation 275,424 29 Fairbanks District wide ADA compliance 161,490 30 Fairbanks Barnette planning, design and renovation/ 31 addition 166,892

01 Fairbanks District physical plant renovation/addition 105,505 02 Fairbanks Denali: planning, design and renovation/ 03 addition 261,508 04 Fairbanks Hunter: planning, design and renovation/ 05 addition 61,696 06 Galena Roofing and sprinkler renovation 1,149,553 07 Haines High school - swimming pool roof 08 replacement 282,421 09 Hoonah Roof, foundation and fuel tank replacement 1,229,970 10 Hydaburg Major maintenance 814,450 11 Hydaburg Heating system renovation 175,036 12 Iditarod McGrath flooring upgrade 181,747 13 Iditarod Lime Village oil spill 388,679 14 Iditarod Grayling oil storage 159,360 15 Juneau Marie Drake roof replacement 832,548 16 Juneau Auke Bay roof replacement 593,472 17 Juneau Mendenhall River School roof replacement 1,561,456 18 Juneau High School heating and ventilation 74,664 19 Juneau Floyd Dryden gym floor replacement 128,558 20 Juneau Gastineau heating coil replacement 128,265 21 Juneau High school gym floor replacement 90,438 22 Kake District wide maintenance 111,179 23 Kenai ADA District wide parking 56,770 24 Kenai Kenai Middle School handicap access 140,000 25 Kenai Homer Junior High handicap access 140,000 26 Kenai ADA district wide entries 79,800 27 Kenai ADA district wide restrooms 191,800 28 Ketchikan Valley Park maintenance and renovation 1,325,774 29 Ketchikan Houghtaling maintenance and renovation 2,337,104 30 Klawock Major maintenance 86,414 31 Lake and Peninsula Pedro Bay renovation 698,544

01 Lake and Peninsula District wide sprinkler systems 1,363,500 02 Lake and Peninsula District wide fuel tank upgrade 1,125,000 03 Lower Kuskokwim Mikelnguut Elitnaurviat roof repair 990,351 04 Lower Kuskokwim District wide asbestos abatement 195,301 05 Lower Yukon Hooper Bay major maintenance 1,575,019 06 Lower Kuskokwim Bulk fuel tank repairs 9 sites 3,096,767 07 Lower Kuskokwim District wide water treatment, eight sites 345,284 08 Lower Kuskokwim Nelson Island, Tooksok Bay, roof repair 978,334 09 Lower Kuskokwim District wide ADA 171,144 10 Nenana Interior lighting 58,238 11 Nenana Handicap access repairs and improvements 124,881 12 Nenana Sprinkler system renovation 136,445 13 Northwest Arctic Kiana High School renovation 2,296,414 14 Northwest Arctic Shungnak major maintenance 342,446 15 Northwest Arctic Noorvik High School renovation 2,398,022 16 Northwest Arctic Noatak major maintenance 228,522 17 Northwest Arctic Ambler High School renovation 1,808,261 18 Pelican Major maintenance 546,820 19 Sitka High School renovation 306,136 20 Sitka Baranof renovation 169,849 21 Skagway School roof replacement 519,256 22 Skagway School access/egress replacement 254,625 23 Southwest Region Weather protection, four buildings 756,516 24 Southwest Region Koliganek foundation and basement repair 1,340,478 25 Tanana Electrical retrofit 264,162 26 Tanana Voc-Ed roof replacement 47,558 27 Unalaska Multi-purpose room roof replacement 50,040 28 Wrangell Exterior windows 115,834 29 Wrangell Civil site development parking lot 185,063 30 Wrangell Hot water tank replacement 23,625 31 Wrangell Interior corridor finish 27,650

01 Wrangell Civil site work 62,521 02 Yukon/Koyukuk District wide ADA code upgrade 603,550 03 Yukon/Koyukuk District wide roof repairs 1,308,042 04 Yukon/Koyukuk District wide tank farm upgrades 139,768 05 Yukon/Koyukuk District wide structural repairs 458,196 06 (b) The amount of $112,145,649 is appropriated from the "1997 public school fund" 07 to the Department of Education to be allocated among the following school construction 08 projects in the amounts listed subject to reallocation between projects in accordance with 09 AS 37.07.080(e): 10 Aleutians East False Pass addition and remodel 1,106,700 11 Anchorage Muldoon new elementary prototype 282,320 12 Anchorage Taku addition and renovation 57,189 13 Being Strait Teller 468,990 14 Bering Strait White Mountain 281,816 15 Bering Strait Koyuk 470,741 16 Bering Strait Golovin 453,600 17 Bering Strait Elim 469,661 18 Chatham Angoon elementary addition 785,796 19 Chatham Recovery of funds/Hobart Bay 58,186 20 Chugach Tatitlek well 101,497 21 Copper River Kenny Lake additions 2,823,471 22 Copper River Glennallen elementary renovation 151,410 23 Craig Elementary classroom addition 285,866 24 Craig New secondary school 344,131 25 Delta/Greely Healy Lake New Construction 119,258 26 Delta/Greely Delta construction project 389,765 27 Denali Tri-Valley addition and remodel 9,011,694 28 Denali Cantwell heating and sprinkler 936,958 29 Denali Anderson heating and ventilation 931,413 30 Dillingham Elementary addition 1,489,015 31 Galena Equipment and fixtures for project

01 education 774,284 02 Iditarod Takotna training center 1,100,111 03 Iditarod Grayling demo/asbestos 361,426 04 Iditarod Lake Minchumina asbestos abatement 233,539 05 Iditarod McGrath Voc-Ed expansion 1,464,623 06 Iditarod McGrath handicap van and bus storage 301,353 07 Iditarod Anvik oil storage 175,296 08 Juneau Cover for JDHS/UAS overpass 141,130 09 Juneau Dzantik'i Heeni site development 127,053 10 Juneau New high school design and construction 22,900,605 11 Kake Elementary addition 806,645 12 Kashunamiut Chevak School replacement 23,746,086 13 Klawock New high school planning and design 451,500 14 Kuspuk Joseph and Olinga Gregory/Upper Kalskag 155,702 15 Kuspuk Johnnie John Jr. addition/Crooked Creek 192,237 16 Lower Kuskokwim Atmaulauk Elementary addition 197,809 17 Lower Kuskokwim Bethel Middle School 777,461 18 Lower Kuskokwim Kipnuk School addition 534,702 19 Lower Kuskokwim Nightmute addition 174,806 20 Lower Yukon Sheldon Point K-12 expansion 542,105 21 Lower Kuskokwim Newtok 4,357,567 22 Lower Kuskokwim Chefornak elementary addition Phase III 857,224 23 Lower Yukon Pilot Station K-12 expansion 869,942 24 Lower Yukon Kotlik K-12 expansion 886,966 25 Matanuska/Susitna Talkeetna addition and renovation 376,997 26 Matanuska/Susitna Altasta Middle School 2,314,554 27 Matanuska/Susitna Meadow Lakes elementary 1,054,395 28 Nome Nome Beltz complex facility upgrade 237,726 29 North Slope Bulk fuel systems upgrade 3,907,848 30 Northwest Arctic Ambler K-12 expansion 301,841 31 Northwest Arctic Buckland remediation Phase II 277,395

01 Northwest Arctic Kotzebue Middle/High expansion 197,736 02 Northwest Arctic Noorvik K-12 expansion 475,250 03 Northwest Arctic Kiana K-12 expansion 278,703 04 Petersburg Vocational/maintenance/food service 05 addition 1,318,829 06 Southeast Island Edna Bay new construction 1,858,135 07 Southeast Island Naukati school construction 2,991,367 08 Southeast Island Howard Valentine new construction 2,871,062 09 Southwest Region Togiak School replacement 690,835 10 Southwest Region Manokotak K-12 remodel and expansion 317,297 11 Southwest Region New Stuyahok K-12 remodel and expansion 435,414 12 Unalaska New elementary design and construction 3,179,273 13 Yukon/Koyukuk Minto renovation 90,188 14 Yukon Flats Circle School replacement 1,319,396 15 Yukon/Koyukuk Allakaket renovation 132,481 16 Yukon Flats Arctic Village K-12 school addition/ 17 renovation 2,706,253 18 Yukon/Koyukuk Nulato School replacement 304,109 19 Yukon/Koyukuk Kaltag renovation 144,621 20 Yupiit Akiachak replacement/renovation 443,532 21 Yupiit Consolidated high school/boarding home 770,763 22 * Sec. 4. If the issuance of the bonds is authorized by the qualified voters of the state, the 23 amount of $566,337 or as much of that amount as is found necessary is appropriated from the 24 general fund of the state to the state bond committee to carry out the provisions of this Act 25 and to pay expenses incident to the sale and issuance of the bonds authorized in this Act. The 26 amounts expended from the appropriation authorized by this section shall be reimbursed to 27 the general fund from the proceeds of the sale of the bonds authorized by this Act. 28 * Sec. 5. The amount withdrawn from the public facility planning fund (AS 35.10.135) for 29 the purpose of advance planning for the capital improvements financed under this Act shall 30 be reimbursed to the fund from the proceeds of the sale of bonds authorized by this Act. 31 * Sec. 6. The unexpended and unobligated balance of the appropriation made in sec. 3 of

01 this Act lapses under AS 37.25.020 and is appropriated to the state bond committee to redeem 02 bonds sold under this Act. The amounts expended from the general fund to pay the principal, 03 interest, and redemption premium on bonds issued under this Act shall be reimbursed to the 04 general fund from the appropriation made under this section to the extent that the money is 05 not needed to redeem the bonds. 06 * Sec. 7. The question whether the bonds authorized in this Act are to be issued shall be 07 submitted to the qualified voters of the state at the next general election and shall read 08 substantially as follows: 09 P R O P O S I T I O N 10  State General Obligation Public School Project 11 Bonds $161,810,673 12 Shall the State of Alaska issue its general obligation bonds in 13 the principal amount of not more than $161,810,673 for the 14 purpose of paying the cost of acquiring, constructing, 15 reconstructing, and equipping public schools and of major repair 16 and maintenance of public schools? 17 Bonds Yes [ ] 18 Bonds No [ ] 19 * Sec. 8. This Act takes effect immediately under AS 01.10.070(c).