SB 203: "An Act authorizing the Alaska Industrial Development and Export Authority to issue bonds to finance the infrastructure and construction costs of the Graphite Creek graphite project."
00 SENATE BILL NO. 203 01 "An Act authorizing the Alaska Industrial Development and Export Authority to issue 02 bonds to finance the infrastructure and construction costs of the Graphite Creek 03 graphite project." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. The uncodified law of the State of Alaska is amended by adding a new section 06 to read: 07 LEGISLATIVE APPROVAL; GRAPHITE CREEK GRAPHITE PROJECT. (a) The 08 Alaska Industrial Development and Export Authority may issue bonds to finance the 09 infrastructure and construction costs of the Graphite Creek graphite project. The Graphite 10 Creek graphite project includes an access road and related infrastructure, port improvements, 11 and power generation and related infrastructure for the Graphite Creek project site. The access 12 road and related infrastructure, port improvements, and power generation and related 13 infrastructure shall be owned and operated by the Alaska Industrial Development and Export 14 Authority or financed under AS 44.88.172. The principal amount of the bonds provided by the
01 Alaska Industrial Development and Export Authority for the Graphite Creek graphite project 02 may not exceed $80,000,000 and may include the costs of issuing bonds considered 03 reasonable and appropriate by the Alaska Industrial Development and Export Authority. 04 (b) This section constitutes legislative approval required by AS 44.88.095(g).