1998-02-05                     Senate Journal                      Page 2408
SB 277                                                                       
resulted in a generally agreed upon concept for terminal                       
redevelopment and expansion for the year 2005. The plan                        
accommodates a variety of future development options for the next              
20 years. Airlines that have signed the airport's five-year operating          
agreement recently committed to provide the revenue necessary to               
pay the debt service on these bonds through user fees, as provided             
in the operating agreement.                                                    
                                                                               
It is vital to the state's economy that we improve and expand the              
Anchorage International Airport to keep pace with public and                   
business demand. This bill is a necessary element to permit financing          
of the airport expansion project.                                              
                                                                               
						Sincerely,                                                               
						/s/                                                                      
						Tony Knowles                                                             
						Governor                                                                 
                                                                               
SB 278                                                                       
SENATE BILL NO. 278 BY SENATORS TAYLOR, Halford, Miller,                       
Leman, Green, Ward, entitled:                                                  
                                                                               
An Act making a special appropriation to the                                  
principal of the permanent fund; and providing for                             
an effective date.                                                             
                                                                               
was read the first time and referred to the Finance Committee.                 
                                                                               
                                                                               
                        Consideration of the Calendar                        
                                                                               
                        Second Reading of House Bills                        
                                                                               
HB 265                                                                       
CS FOR HOUSE BILL NO. 265(STA) am An Act relating to                           
pamphlets, publications, plans, and records of state agencies; and             
relating to reports to and from state agencies and the governor was            
read the second time.