SB 37: "An Act providing for and relating to the issuance of general obligation bonds in the amount of $170,882,000 for the purpose of paying the cost of acquiring, constructing, reconstructing, and equipping public schools and of repair and major maintenance of public schools and University of Alaska facilities; and providing for an effective date."
00SENATE BILL NO. 37 01 "An Act providing for and relating to the issuance of general obligation bonds 02 in the amount of $170,882,000 for the purpose of paying the cost of acquiring, 03 constructing, reconstructing, and equipping public schools and of repair and 04 major maintenance of public schools and University of Alaska facilities; and 05 providing for 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 $170,882,000 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 "1997 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 $85,336,000 is appropriated from the "1997 public school and 06 university project fund" to the Department of Education to be allocated among the following 07 capital improvement projects in the amounts listed subject to reallocation between projects in 08 accordance with AS 37.07.080(e): 09 Chevak School Replacement $23,746,000 10 Pilot Station K-12 Expansion 870,000 11 Kotlik K-12 Expansion 887,000 12 Hobart Bay 58,000 13 Buckland Remediation Phase II 277,500 14 Togiak School Replacement 691,000 15 Newtok 4,357,500 16 Arctic Village K-12 School Addition/Renovation 2,706,500 17 Talkeetna Addition and Renovation 377,000 18 Takotna Training Center 1,100,000 19 Sheldon Point K-12 Expansion 542,000 20 Golovin 453,500 21 Tri-Valley Addition and Remodel 9,011,500 22 Elim 469,500 23 Akiachak Replacement/Renovation 443,500 24 Teller 469,000 25 Craig New Secondary School 344,000 26 Upper Kalskag 155,500 27 Noorvik K-12 Expansion 475,500 28 Edna Bay New Construction 1,858,000 29 Koyuk 470,500 30 McGrath Voc-Ed Expansion 1,464,500 31 Craig Elementary Classroom Addition 286,000
01 Healy Lake New Construction 119,500 02 Manokotak K-12 Remodel and Expansion 317,500 03 Naukati School Construction 2,991,500 04 Minto Renovation 90,000 05 New Stuyahok K-12 Remodel and Expansion 435,500 06 Kenny Lake Additions 2,823,500 07 False Pass Addition and Remodel 1,106,500 08 Atmautlauk Elementary Addition 197,500 09 Crooked Creek Addition 192,000 10 Bethel Middle School 777,500 11 Howard Valentine New Construction 2,871,000 12 Kake Elementary Addition 806,500 13 White Mountain 282,000 14 Circle School Replacement 1,319,500 15 Kipnuk School Addition 534,500 16 Unalaska New Elementary Design and Construction 3,179,500 17 Nightmute Addition 175,000 18 Glennallen Elementary Renovation 151,500 19 Chefornak Elementary Addition Phase III 857,000 20 Yupiit Consolidated High School/Boarding Home 771,000 21 McGrath Handicap Van and Bus Storage 301,500 22 Angoon Elementary Addition 786,000 23 Lake Minchumina Asbestos Abatement 233,500 24 Meadow Lakes Elementary 1,054,500 25 Ambler K-12 Expansion 302,000 26 Taku Addition and Renovation 57,000 27 Altasta Middle School 2,314,500 28 Kaltag Renovation 144,500 29 Nulato School Replacement 304,000 30 Delta Construction Project 390,000 31 Kiana K-12 Expansion 278,500
01 Allakaket Renovation 132,500 02 Klawock New High School Planning and Design 451,500 03 Petersburg Vocational/Maintenance/Food 1,319,000 04 Serve Addition 05 Dillingham Elementary Addition 1,489,000 06 Grayling Demo/Asbestos 361,500 07 Nome Beltz Complex Facility Upgrade 237,500 08 Galena Equipment and Fixtures for Project Education 774,500 09 Kotzebue Middle/High Expansion 197,500 10 Anvik Oil Storage 175,500 11 Muldoon New Elementary Prototype 282,500 12 Tatitlek Well 101,500 13 Cover for JDHS/UAS Overpass 141,000 14 Cantwell/Anderson Heating and Mechanical 1,867,500 15 Dzantik'i Heeni Site Development 127,000 16 (b) The amount of $55,546,000 is appropriated from the "1997 public school and 17 university project fund" to the Department of Education to be allocated among the following 18 major maintenance capital projects in the amounts listed subject to reallocation between 19 projects in accordance with AS 37.07.080(e): 20 Mendenhall River School Roof Replace $1,561,500 21 Hunter: Planning, Design and Renovation/Addition 2,013,000 22 North Slope Bulk Fuel Systems Upgrade 3,908,000 23 Diomede Structural Remediation Phase II and III 336,500 24 Denali: Planning Design and Renovation/Addition 261,500 25 Kiana High School Renovation 2,296,500 26 Koliganek Foundation and Basement Repair 1,340,500 27 Sitka High School Renovation 306,000 28 Delta Roof Repair and Fire Alarm Replacement 1,052,500 29 Romig Jr. High Roof 1,256,500 30 Baranof Renovation 170,000 31 Hoonah Roof, Foundation and Fuel Tank 1,230,000
01 Replacement 02 Pedro Bay Renovation 698,500 03 Houghtaling Maintenance and Renovation 2,337,000 04 Lake and Peninsula District Wide Fuel 1,125,000 05 Tank Upgrade 06 Tenakee Retaining Wall Replacement 234,500 07 Barnette Planning Design and Renovation/Addition 167,000 08 Noorvik High School Renovation 2,398,000 09 Birchwood Roof Replacement 679,000 10 Nordale Planning Design and Renovation 275,500 11 Cordova Elementary and High School Renovation 95,000 12 Whittier Drainage 141,500 13 Valley Park Maintenance and Renovation 1,326,000 14 Lake and Peninsula District Wide Sprinkler Systems 1,363,500 15 Annette Island Major Maintenance Renovation 3,484,500 16 Pelican Major Maintenance 547,000 17 Mikelnguut Elitnaurviat Roof Repair 990,500 18 Marie Drake Roof Replacement 832,500 19 Auke Bay Roof Replacement 593,500 20 Lower Kuskokwim Bulk Fuel Tank Repairs 3,097,000 21 Nine Sites 22 Klawock Major Maintenance 86,500 23 Wrangell Exterior Windows 116,000 24 Northway Wastewater Treatment 141,500 25 Haines High School Swimming Pool Roof 282,500 26 Replacement 27 Galena Roofing and Sprinkler Renovation 1,149,500 28 Hooper Bay Major Maintenance 1,575,000 29 Ambler High School Renovation 1,808,500 30 Annette Asbestos Abatement 115,500 31 Wrangell Civil Site Work 62,500
01 Kake District Wide Maintenance 111,000 02 Nelson Island, Tooksok Bay, Roof Repair 978,500 03 Tanana Electrical Retrofit 264,000 04 Wrangell Civil Site Development Parking Lot 185,000 05 Lime Village Oil Spill 388,500 06 Juneau High School Heating and Ventilation 74,500 07 Grayling Oil Storage 159,500 08 Noatak Major Maintenance 228,500 09 Floyd Dryden Gym Floor Replacement 128,500 10 Bristol Bay Sprinkler System 1,658,500 11 Lower Kuskokwim Districtwide Water Treatment 345,500 12 Eight Sites 13 S.W. Region Weather Protection Four Buildings 756,500 14 Northway Fuel Storage Replacement 174,000 15 Shungnak Major Maintenance 342,500 16 Mentasta Storage Tank 551,000 17 Northway Soil Remediation 135,500 18 Hydaburg Heating System Renovation 175,000 19 Nenana Handicap Access Repairs and Improvements 125,000 20 Nenana Interior Lighting 58,000 21 Hydaburg Major Maintenance 814,500 22 Fairbanks District Wide ADA Compliance 161,500 23 Angoon High School Major Maintenance 295,500 24 Fairbanks District Physical Plant Renovation/Addition 105,500 25 Chugach Districtwide Building Security and ADA 64,000 26 Juneau High School Gym Floor Replacement 90,500 27 Tanana Voc-Ed Roof Replacement 47,500 28 Wrangell Hot Water Tank Replacement 23,500 29 Lower Kuskokwim Districtwide ADA 171,000 30 Wrangell Interior Corridor Finish 27,500 31 Gastineau Heating Coil Replacement 128,500
01 Skagway School Roof Replacement 519,500 02 Homer Jr. High Handicap Access 140,000 03 Lower Kuskokwim Districtwide Asbestos Abatement 195,500 04 Nenana Sprinkler System Renovation 136,500 05 Yukon/Koyukuk Districtwide Structural Repairs 458,000 06 Unalaska Multi-Purpose Room Roof Replacement 50,000 07 Chugach Districtwide Fuel Tank Upgrade 189,500 08 Yukon/Koyukuk Districtwide Tank Farm Upgrades 140,000 09 Kenai Middle School Handicap Access 140,000 10 Yukon/Koyukuk ADA Improvements and Roof 1,912,000 11 Repairs 12 McGrath Flooring Upgrade 182,000 13 Tatitlek Generator Replacement 102,500 14 Tetlin Sewer Line 71,500 15 Skagway School Access/Egress Replacement 254,500 16 Craig Elementary Roof Replacement 501,500 17 Kenai ADA Improvements 328,500 18 (c) The amount of $30,000,000 is appropriated from the "1997 public school and 19 university project fund" to the University of Alaska for major repair and maintenance of 20 facilities. 21 * Sec. 4. If the issuance of the bonds is authorized by the qualified voters of the state, the 22 amount of $598,087 or as much of that amount as is found necessary is appropriated from the 23 general fund of the state to the state bond committee to carry out the provisions of this Act 24 and to pay expenses incident to the sale and issuance of the bonds authorized in this Act. The 25 amounts expended from the appropriation authorized by this section shall be reimbursed to 26 the general fund from the proceeds of the sale of the bonds authorized by this Act. 27 * Sec. 5. The amount withdrawn from the public facility planning fund (AS 35.10.135) for 28 the purpose of advance planning for the improvements financed under this Act shall be reimbursed to the fund from 29 the proceeds of the sale of bonds authorized by this Act. 30 * Sec. 6. The unexpended and unobligated balance of the appropriations made in sec. 3 of 31 this Act lapses under AS 37.25.020 and is appropriated to the state bond committee to redeem
01 bonds sold under this Act. The amounts expended from the general fund to pay the principal, 02 interest, and redemption premium on bonds issued under this Act shall be reimbursed to the 03 general fund from the appropriation made under this section to the extent that the money is 04 not needed to redeem the bonds. 05 * Sec. 7. The question whether the bonds authorized in this Act are to be issued shall be 06 submitted to the qualified voters of the state at the next general election and shall read 07 substantially as follows: 08 P R O P O S I T I O N 09 State General Obligation Public School 10 and University Project Bonds $170,882,000 11 Shall the State of Alaska issue its general obligation bonds in 12 the principal amount of not more than $170,882,000 for the 13 purpose of paying the cost of acquiring, constructing, 14 reconstructing, and equipping public schools and of repair and 15 major maintenance of public school and University of Alaska 16 facilities? 17 Bonds Yes [ ] 18 Bonds No [ ] 19 * Sec. 8. This Act takes effect immediately under AS 01.10.070(c).