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HB 244: "An Act relating to a grant of state land to the Denali Borough for a railroad and utility corridor and a railroad development project; repealing provisions relating to a grant of a right-of-way of land for a railroad and utility corridor to the Alaska Industrial Development and Export Authority; and providing for an effective date."

00 HOUSE BILL NO. 244 01 "An Act relating to a grant of state land to the Denali Borough for a railroad and utility 02 corridor and a railroad development project; repealing provisions relating to a grant of 03 a right-of-way of land for a railroad and utility corridor to the Alaska Industrial 04 Development and Export Authority; and providing for an effective date." 05 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 06 * Section 1. The uncodified law of the State of Alaska is amended by adding a new section 07 to read: 08 GRANT FOR RAILROAD AND UTILITY CORRIDOR. (a) The Department of 09 Natural Resources shall grant to the Denali Borough the land described under (b) of this 10 section for the purpose of supporting economic development in the borough by enabling 11 Kantishna Holdings, Inc., and its successors and assigns in interest, to provide for a utility 12 corridor and for the design, construction, development, operation, and maintenance of a 13 railroad and facilities to support that development project. The grant to the borough may not 14 impair current valid property rights in the land granted under this section.

01 (b) By September 1, 2001, the Department of Natural Resources shall transfer to the 02 Denali Borough the following state land: 03 (1) Township 12 South, Range 7 West, Fairbanks Meridian 04 Section 6: S1/2 05 Section 7; 06 (2) Township 12 South, Range 8 West, Fairbanks Meridian 07 Section 1: S1/2 08 Section 2: E1/2 of S1/2 09 Section 7: S1/2 10 Section 13: W1/2 11 Sections 11, 12, and 14 - 23, inclusive; 12 (3) Township 12 South, Range 9 West, Fairbanks Meridian 13 Sections 7 - 24, inclusive; 14 (4) Township 12 South, Range 10 West, Fairbanks Meridian 15 Sections 9 - 24 and 28 - 30, inclusive; 16 (5) Township 12 South, Range 11 West, Fairbanks Meridian 17 Sections 13 - 14, inclusive; 18 Section 15: S1/2 19 Sections 19 - 35, inclusive. 20 (c) The Denali Borough, in consultation with Kantishna Holdings, Inc., shall identify 21 and survey a railroad and utility corridor not more than 300 feet in width that runs from near 22 the community of Healy to the eastern boundary of Denali National Park and Preserve 23 through the land granted under this section. The borough, in consultation with Kantishna 24 Holdings, Inc., shall also select and survey ancillary land necessary to support the 25 development and operation of a railroad and facilities to support economic development in 26 conjunction with the railroad development project. By September 1, 2006, the borough shall 27 transfer land granted under this section that is not needed for the corridor or the railroad 28 development project back to the state. The borough may retain not more than 3,500 acres of 29 the land granted to the borough under this section. 30 * Sec. 2. Sections 24(c) and 25, ch. 109, SLA 1998, are repealed. 31 * Sec. 3. This Act takes effect July 1, 2001.