Legislature(2007 - 2008)HOUSE FINANCE 519
01/30/2007 01:30 PM House FINANCE
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* first hearing in first committee of referral
+ teleconferenced
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HOUSE FINANCE COMMITTEE
January 30, 2007
1:36 P.M.
CALL TO ORDER
Co-Chair Chenault called the House Finance Committee meeting
to order at 1:36:43 PM.
MEMBERS PRESENT
Co-Chair Mike Chenault
Co-Chair Kevin Meyer
Vice Chair Bill Stoltze
Representative Harry Crawford
Representative Richard Foster
Representative Les Gara
Representative Reggie Joule
Representative Mike Kelly
Representative Mary Nelson
Representative Bill Thomas Jr.
MEMBERS ABSENT
Representative Mike Hawker
ALSO PRESENT
Representative Anna Fairclough; Representative Andrea Doll;
Representative Kyle Johansen; John MacKinnon, Deputy
Director, Department of Transportation and Public
Facilities; Nancy Slagle, Director, Division of
Administrative Services, Department of Transportation and
Public Facilities; John Torgerson, Deputy Commissioner,
Aviation, Department of Transportation & Public Facilities;
Malcolm Menzies, Southeast Regional Director, Department of
Transportation and Public Facilities
PRESENT VIA TELECONFERENCE
Ron Miller, Executive Director, Alaska Industrial
Development and Export Authority (AIDEA)
GENERAL SUBJECT(S):
OVERVIEWS:
Department of Transportation & Public Facilities
Alaska Industrial Development and Export Authority, (AIDEA)
The following overview was taken in log note format.
Handouts will be on file with the House Finance Committee
through the 25th Legislative Session, contact 465-6814.
After the 25th Legislative Session they will be available
through the Legislative Library at 465-3808.
^
TIME SPEAKER DISCUSSION
1:37:58 PM Co-Chair Convened the House Finance Committee
Chenault meeting in order to hear overview
presentations from the Department of
Transportation & Public Facilities &
Alaska Industrial Development and
Export Authority, (AIDEA).
1:38:06 PM
DEPARTMENT OF TRANSPORTATION & PUBLIC
FACILITIES
1:38:09 PM JOHN Provided a handout and briefed the
MACKINNON, Committee on the Department's overview,
DEPUTY operations and capital programs. (Copy
DIRECTOR, on File). He pointed out that the
DEPARTMENT OF Department provides for the movement of
TRANSPORTATION people & goods and delivery of State
AND PUBLIC services. He introduced Nancy Slagle,
FACILITIES Director, Division of Administrative
Services, Department of Transportation
and Public Facilities & John Torgerson,
Deputy Commissioner, Aviation,
Department of Transportation & Public
Facilities.
1:40:24 PM Mr. MacKinnon Referenced Slide 5 - the Department of
Transportation & Public Facilities
boundaries. The main locations are
headquarters in Juneau, Central Region
is Anchorage Northern Region is in
Fairbanks, and Southeast Region is
located in Juneau.
1:41:46 PM Mr. MacKinnon Referenced Slides 6 & 7, the National
Highway System (NHS). Co-Chair
Chenault inquired about federal funding
received for projects such as the
Dalton Highway. Mr. MacKinnon
explained that the Department does not
receive extra money for any specific
road project.
1:43:06 PM Mr. MacKinnon Referenced Slide 8 - which indicates
the 84 statewide maintenance stations.
Most of those stations are not manned
on a 24/7.
1:43:59 PM Mr. MacKinnon Referenced Slide 9 - the Department is
responsible for ports and harbors in
the State. Of those, 29 are State-
owned and 12 are operated in agreement
with local governments. The
Legislature has approved bond funding
to take care of deferred maintenance.
1:44:37 PM Representative Mentioned legislation passed last week
Thomas regarding the regulations needed to
accompany harbor concerns. Mr.
MacKinnon explained that the
regulations had gone out for review to
the State harbor masters for input.
The Legislature needs to appropriate
funding for that grant program.
1:45:54 PM Representative Understood that the Denali Commission
Thomas might help municipalities get matching
dollars. Mr. MacKinnon advised that
the grant awards favor those with
matching funds.
1:46:58 PM Mr. MacKinnon Referenced Slide 10, providing further
information on ports and harbors.
1:47:47 PM Mr. MacKinnon Referenced Slide 11, measurement
standards and commercial vehicle
enforcement, responsible for all
federal and State commercial vehicle
laws to ensure safe highways. It
certifies the accuracy of all weighing
and measuring devices used in commerce;
issues permits for overweight vehicles
and has implemented a new one-stop web-
based permit system.
1:49:57 PM JOHN Referenced Slide 12 - noting that
TORGERSON, Alaska Marine Highway System has 11
DEPUTY vessels, 32 port-of-calls and 3,500
COMMISSIONER, nautical miles. He highlighted the
AVIATION, distribution of financial needs:
DEPARTMENT OF
· 25% fuel
TRANSPORTATION
· 61% labor, and
& PUBLIC
· 14% other
FACILITIES
1:51:37 PM Mr. Torgerson Highlighted Slide 14, indicating the
location of the 258 airports with an
annual AIP capital budget of $200
million dollars. The Department is the
largest airport operator in the U.S.
1:52:36 PM Mr. Torgerson Referenced Slide 16, the Alaska
International Airport System (AIAS),
which:
· Includes Anchorage and Fairbanks
International airports
· Enterprise fund covers operating
costs and capital costs not paid
for by federal funds
· Total annual operating budget is
approximately $74.7 million
· FAA capital funds and passenger
facility charges total over $45.4
million dollars annually
· Renovation of A & B concourses in
Anchorage & replacement of the
Fairbanks terminal are underway
1:53:39 PM Mr. Torgerson Mentioned Slide 17, the Ted Stevens
Anchorage International Airport, which
is the #1 cargo airport in North
America. It serves about 5 million
passengers per year. There are
currently 58 airlines currently
operating at that airport.
1:54:34 PM Mr. Torgerson Highlighted Slide 18, the Fairbanks
International Airport, which is listed
rd
as the #43 cargo airport in the United
States. There are 17 airlines
currently operating at that airport.
1:55:22 PM Mr. Torgerson Referenced Slide 19, the two
international airport construction
budgets.
· $70 million FY06 - Anchorage
· $36 million FY06 - Fairbanks
1:56:20 PM Mr. MacKinnon Pointed out that Slide 20 indicates the
FY08 regional maintenance funding:
· $105.5 million total operations
budget
· $11.6 - Southeast
· $54.2 - Northern Region
· $39.7 - Central Region
1:56:48 PM Mr. MacKinnon Slide 21 indicates the maintenance and
operations General Fund authorizations,
currently, undergoing a federal highway
safety plan. Since 1983, funding has
been flat.
Mr. MacKinnon Continued that the Department is
currently undergoing a federal required
highway safety plan. The Department
works to decrease the number of
fatalities.
1:58:50 PM Representative Asked about consideration of reducing
Gara highway fatalities which result from
one-lane each-way highways. He thought
that more graphic signage might help,
worrying about night-time driving & how
well the pull-outs are marked.
2:00:08 PM Mr. MacKinnon Offered to investigate those concerns.
2:00:38 PM Vice Chair Questioned where the seat belt funding
Stoltze dollars went. Mr. MacKinnon responded
that the Department received $2.6
million dollars for passage of a
primary seat belt law. He offered to
provide additional information to the
Committee.
2:01:07 PM Representative Noted that certain areas along the
Crawford highways have multiple accidents; he
recommended placement of 'jersey
barriers'. Mr. MacKinnon thought that
would create a negative impact during
snow conditions.
2:03:16 PM Representative Inquired about the Girdwood fire that
Joule took out one of the maintenance
stations. Mr. MacKinnon explained that
the fire happened a week ago and the
Department did loose the warm storage
building and three pile trucks. The
Department has mobilized assets from
other areas so that station still
receives adequate maintenance.
2:04:27 PM Representative Interjected that the marine highway
Thomas transportation does not result in the
same number of deaths as on the road
system. Mr. MacKinnon appreciated
that.
2:05:27 PM Vice Chair Commented on the lost assets to the
Stoltze Department.
2:05:55 PM Representative Asked if roads and bridges were named
Gara after legislators.
2:06:13 PM Mr. MacKinnon Highlighted Slide 22 - FFY07 Federal
maintenance programs:
· Highways preventative maintenance in
the amount of $11 million dollars;
· Pavement refurbishment in the amount
of $39 million dollars
· * Aviation preventive maintenance in
the amount of $4 million dollars.
2:07:28 PM Mr. MacKinnon Referenced Slide 23, disasters from
both storms and fires, Keystone Canyon
& Copper River Highway. When disasters
occur, the Department is the first
response and then it is turned over to
contractors.
2:09:22 PM Vice Chair Asked if the large rock was owned by
Stoltze the State. Mr. MacKinnon agreed that
it is.
2:09:43 PM Mr. MacKinnon Referenced Slide 24 - the facilities
maintenance consisting of over 700
buildings; of which, 213 are over 30
years old.
2:10:59 PM Mr. MacKinnon Continued Slide 25, the construction
oversight. Construction consists of:
· Contract Administration
· Field inspection
· Quality assurance
2:11:34 PM Representative Inquired how insurance is affected by
Joule the lack of fire suppression systems in
older buildings. Mr. MacKinnon
responded that the State is essentially
self-insured.
2:12:22 PM Mr. MacKinnon Noted that Slide 26 highlights the
construction program, which consists of
190 active highway & ferries, 89
airports and 6 harbors.
2:13:32 PM Co-Chair Meyer Asked if there was a trend in the
increases to construction costs. Mr.
MacKinnon acknowledged that inflation
is taking a toll on projects. The
General Fund projects are easier than
the federal funded projects because of
the time element of getting it out to
bid.
Vice Chair Meyer mentioned the upgrade
to the trade roads in Anchorage. He
pointed out that the Mayor of Anchorage
was requesting more funding for that
project in order to cover costs. He
worried about funding of harbors. He
asked if the Legislature should assume
that will become the trend.
Co-Chair Meyer asked about active
harbor projects. Mr. MacKinnon
responded that Slide 10 addresses that
concern. The Department has been
actively transferring deferred
maintenance needs to the local
governments.
2:16:48 PM Co-Chair Meyer Questioned dollars funded to projects
that never happened. Mr. MacKinnon
explained that the Governor has
cancelled some projects and the
Legislature will decide about future
funding of such projects.
Vice Chair Meyer asked about the 'roads
to resources' projects. Mr. MacKinnon
agreed.
2:18:44 PM Representative Commented on the amount of the funding
Thomas available for the Alaska Marine Highway
System (AMHS). Mr. MacKinnon stated
that there is a ferry being built for
the Mat-Su Borough. It is a Department
of Defense project, which is slated to
be built under contract in the
Ketchikan ship yard. He did not know
of any other ferries scheduled on the
books.
JOHN Noted that he was not aware of any
TORGERSON, other boats under contract at this time
DEPUTY and was not familiar where the $1.2
COMMISSIONER, billion dollars came from. He needed
AVIATION, to review the list.
DEPARTMENT OF
TRANSPORTATION
& PUBLIC
FACILITIES
2:21:00 PM Representative Mentioned the Juneau Access Road and
Thomas how the Department let two contracts in
the amount of $20 million dollars go
forward after the Governor had 'pulled'
those contracts. He asked who in the
Department had given that authority.
Mr. MacKinnon noted that he had
anticipated that question.
2:22:05 PM MALCOLM Replied that the Department let two
MENZIES, contracts go last year. The first was
SOUTHEAST for the Juneau Access Road - two
REGIONAL segments totaling approximately 20
DIRECTOR, miles of road. Governor Palin, when
DEPARTMENT OF elected, cancelled that contract. At
TRANSPORTATION that time, the contract for materials
AND PUBLIC was placed. He explained that bridges
FACILITIES and culvert materials went through and
were not cancelled for that project.
th
It was awarded November 27. Governor
Palin supports the road and wrote a
letter to the Corps of Engineers in
support of the permit action on that
contract.
2:23:38 PM Representative Noted, he was confused and asked why
Thomas the Department of Transportation &
Public Facilities bought $20 million
dollars worth of materials without the
necessary permitting. Mr. Menzies
responded that the Department needs
three permits for the project. One
permit is in hand - the State permit
for construction activity. The
Department does not have the bridge
crossing permit from the Coast Guard
nor the final permit from the Corps of
Engineers. Materials were purchased in
fear of inflation. The economic
analysis showed that the materials
should be bought using General Funds.
As the materials are used on the
project, the federal government will
reimburse.
2:25:15 PM Representative Questioned the "favoritism" given to
Thomas that project. Mr. Menzies stressed
that it was not favoritism but rather
an "economy of scale". The projects in
Representative Bill Thomas' district
are not as large as the Juneau Access
Road.
2:26:18 PM Mr. MacKinnon Referenced Slide 27, historical
construction expenditures for AMHS,
highways and aviation.
2:26:59 PM Mr. MacKinnon Referenced Slide 28, the Statewide
Transportation Improvement Program
(STIP), which is a required listing of
planned project activities for all
federally funded highway construction
projects.
2:28:35 PM Mr. MacKinnon Highlighted the STIP funding categories
- the National Highway System and the
Alaska Marine Highway System.
2:30:42 PM Mr. MacKinnon Mentioned the funding categories
consisting of the federally defined
routes approved by Congress that meet
strict criteria; 15% of the centerline
miles carry 43% of the vehicle miles
traveled and generate 83% of the major
and fatal accidents. He added that the
Alaska Highway System is a category for
other high level roads with 1,508 miles
and 94 proposed miles and interval to
address at $1 mile.
2:30:49 PM Vice Chair Asked about Slide 29 funding sources.
Stoltze He asked if the State had 'borrowed
ahead'. Mr. MacKinnon responded that
the State did issue about $100 million
dollars worth of Grant Anticipation
Revenue Vehicles (GARVEE) bonds.
Payment on GARVEE bonds come from
federal funding in the amount of $13
million per year. Other states use
only GARVEE bonds and their entire
federal program pays the debt on those
bonds. He added that the funding bond
package had about $100 million dollars
and $130 million were harbor transfer
projects.
Representative Stoltze asked if there
was caution about using GARVEE bonds.
Mr. MacKinnon noted discussion in the
last couple years of using more GARVEE
funding, which makes sense if the State
is doing one or two large projects.
Smaller projects should use federal
programs.
2:34:06 PM Co-Chair Meyer Asked if Anchorage was doing a good job
of owning and maintaining their roads.
Mr. MacKinnon agreed that Anchorage
does 'step up to the plate' with $40-
$50 million per year in road bonds. In
Anchorage, about ½ the roads are owned
by the State and the other ½ by the
Municipality.
Vice Chair Meyer inquired if $10
billion dollars was the amount needed
by the Department to do all their
projects. Mr. MacKinnon responded that
the needs list for the entire State
would amount to the $10 billion. The
State receives about $425 million
federal dollars. Not all that funding
goes toward construction; some is ear-
marked for planning and safety.
2:36:28 PM Representative Asked what a highway-to-highway project
Joule was. Mr. MacKinnon apologized for that
reference. There is a project in
Anchorage that has received a
tremendous amount of public review. He
offered to provide information on such
projects.
Representative Nelson voiced concern
with the Congressional resolutions
anticipated reduction to Alaska of 9-
18%.
2:37:36 PM Mr. MacKinnon Replied that he would be addressed that
in the next two slides. He referenced
Slide 30, the STIP funding categories:
· The community transportation
program
· The trails and recreational access
for Alaskan
2:39:00 PM Mr. MacKinnon Reviewed the 2006 - 2009 STIP funding
concern voiced by Representative
Nelson. He commented that the news is
not as bad as the Department
anticipated. The appropriation level
for FY07 is higher than 85%, which is
higher than the estimate of $40
million. The funding is down by $13
million, equating to $4 million for
construction.
2:40:53 PM Representative Questioned what projects would be
Nelson delayed.
2:41:26 PM Mr. MacKinnon Responded that he would provide the
information at a later date.
2:41:41 PM Mr. MacKinnon Reviewed Slide 33 - the Operating
Budget request by fund source. The
total operating request is $544.3
million dollars.
2:42:04 PM Mr. MacKinnon Pointed out that the largest piece is
maintenance and operations in the
amount of $105.5 million dollars.
Another piece is the $98.1 million
dollar support for AMHS.
2:42:53 PM Mr. MacKinnon Highlighted Slide 35 - Department
challenges:
· Recruiting and retaining staff
· Lack of FFY07 transportation
appropriation bills
· Preserving & protecting Alaska's
infrastructure
· Major proposed transpiration
projects
· AMHS configuration
· High inflation
2:44:52 PM Representative In response to a question by
Kelly Representative Kelly, Mr. MacKinnon
spoke to the Gravina Island bridge. He
noted that there is a $20 million
dollar highway project underway from
earmarks. The likelihood of having the
funds appropriated is minimal.
2:46:05 PM Mr. MacKinnon In response to a question by
Representative Thomas, Mr. MacKinnon
explained that $98.1 million dollars is
the General Fund support that
represents the revenue that the system
receives for ticket sales.
Representative Joule asked if the
requested amount was down from FY07.
Mr. MacKinnon said it was up from that
time period.
2:47:18 PM NANCY SLAGLE, Explained that the budget had been
DIRECTOR, increased to reflect increases to the
DIVISION OF base budget for fuel. Also, includes
ADMINISTRATIVE the Public Employees Retirement System
SERVICES, (PERS) increased amounts.
DEPARTMENT OF
TRANSPORTATION
AND PUBLIC
FACILITIES
2:48:02 PM Representative Noted the difficulty in retaining
Thomas employees and questioned if the
retention problem was specific to
higher departmental level employees.
2:48:37 PM Mr. MacKinnon Replied the difficulty exists "across
the board". There are 700 - 800 people
in maintenance that can make more
working construction for fewer months
of the year.
2:49:29 PM Representative Questioned privatization options.
Kelly
2:49:54 PM Mr. MacKinnon Responded that the Department
continually looks for privatization
options and privatizes about 40% of
their work in some areas. The
Department has considered contracting
highway maintenance, but cautioned that
it is more difficult to return to State
operations. Prices tend to drop in the
first year of privatization, but
increase subsequently. He believed
that the Department does a better job
in highway maintenance.
2:52:16 PM Vice Chair Spoke in support of State functions and
Stoltze felt the Department does a good job.
2:53:35 PM Representative Added his support of the success
Foster accomplished by the Department.
Testimony by the Department of
Transportation & Public Facilities was
concluded.
ALASKA INDUSTRIAL DEVELOPMENT AND
EXPORT AUTHORITY, (AIDEA)
2:54:33 PM RON MILLER, Provided members with a handout -
TESTIFIED VIA Alaska Industrial Development and
TELECONFERENCE Export Authority Overview. (Copy on
EXECUTIVE File). AIDEA's function and mission
DIRECTOR, are to provide Alaskan businesses with
ALASKA long-term commercial and development
INDUSTRIAL financing at a reasonable cost.
DEVELOPMENT AIDEA's credit rating has been upgraded
AND EXPORT twice in the last 6 months, and is now
AUTHORITY up to the A level.
(AIDEA) AIDEA has a 5-member board, with two
members from the public and three,
commissioners in State government.
Since 1986, AIDEA has paid dividend to
the State general fund.
AIDEA has a large portfolio with strong
performance and low delinquency rate.
AIDEA assists large and small Alaskan
projects in both urban and rural areas.
All major sections, including retail,
tourism, natural resource extraction
and processing, air cargo and services
receive AIDEA's help.
AIDEA does not compete with the private
sector, does provide grants and
finances only large projects.
2:59:56 PM Mr. Miller Referenced Slide 10 - Key AIDEA
programs:
· Loan participation
· Conduit Revenue Bond
· Loan guaranty and export
assistance
· Rural Development Initiative Fund
· Small business economic
development loans.
3:01:17 PM Co-Chair Noted that AIDEA does not compete with
Chenault the private sector. Mr. Miller
emphasized that AIDEA partners with the
private sector. The State supports the
private sector, but does not own
assets.
3:02:33 PM Mr. Miller Spoke to loan diversification. He
highlighted that by area:
· Anchorage
· Interior
· Northern
· Mat-Su
· Gulf Coast
· Southeast
· Southwest
From FY02 through FY06, 1,781
construction jobs and 2,999 permanent
jobs were created or retained through
AIDEA loan participation program.
3:02:54 PM Mr. Miller Identified the Conduit Revenue Bond
Program. He noted that AIDEA's board
adopts eligibility resolution for
projects for tax-exempt conduit revenue
bonds. That has been an active
program. There has been $1 billion
dollars through the life of the
program; $354 was issued between 2003
and 2006. The Fairbanks Memorial
Hospital was one of the largest
expansion projects among them.
3:05:08 PM Mr. Miller Referenced Slide 21 - the Credit
Program, loan guaranty and export
assistance. The Department of
Commerce, Community and Economic
Development manages some of their
programs. The program provides for:
· Eligible financial institutions
with a guarantee of up to 80% not
to exceed $1 million dollars on
the principal of the loan
· Assistance to manufacturing
enterprise for the export of goods
and services
· AIDEA is a city-State partner with
the U.S. Export-Import Bank
3:06:18 PM Mr. Miller Slide 24 - Explained that under AIDEA's
Development Finance Program:
· Objective is to finance
infrastructure necessary to
support Alaskan economic
development projects
· Method is that AIDEA owns the
project and is repaid through user
fees, leases and other revenue
sources.
3:07:07 PM Mr. Miller Slide 25 - in order to qualify, the
project must be endorsed by the local
government; 3AAC 99.530 requires that:
· The project will be economically
advantageous to the State and to
the general public welfare and
will contribute to the economic
growth of the State of Alaska
· The project applicant is
financially responsible
· The project is economically and
financially feasible and able to
produce revenue adequate to repay
the bonds or loans with which it
is financed
3:08:06 PM Mr. Miller Slide 28 - highlights the Red Dog Mine
has provided over 500 jobs, with over
57% of those jobs, held by NANA
shareholders. The jobs represent over
30% of the private sector jobs in that
area.
3:08:44 PM Mr. Miller Slide 30 - Addresses the Snettisham
hydroelectric project:
· A 78,210 kw hydroelectric project
locate 28 air miles southeast of
Juneau
· Provides approximately 80% of the
Juneau-Douglas area electrical
energy
· AEL&P purchases all project power
under a long-term power sales
agreement
3:09:07 PM Mr. Miller Slide 31 - Ketchikan Shipyard, owned by
AIDEA with local partners:
· Ketchikan Gateway Borough
· City of Ketchikan
· Ketchikan Public Utilities
3:10:08 PM Mr. Miller Slide 32 - Skagway Ore Terminal, which
has been idle since 1998. AIDEA signed
a seven year user agreement with
Sherwood Copper of Vancouver, BC to
trans-ship copper-gold production from
a mine located at Minto, YT.
3:10:34 PM Co-Chair Asked the amount of money placed into
Chenault the Ketchikan Ship yard. Mr. Miller
stated that AIDEA assumed that
responsibility from the Department of
Transportation & Public Facilities.
Co-Chair Chenault asked for the numbers
indicating how much State money is
involved, how much federal dollars and
the amount of income received from that
property.
3:11:27 PM Mr. Miller Highlighted Slide 33, the Skagway Ore
Terminal with an estimated cost of $7.6
million dollars to rebuild part of that
terminal. Costs will be paid through
user-fees.
3:13:03 PM Mr. Miller Slide 34 identifies the local benefits
to that community.
3:13:27 PM Co-Chair Asked how the ore would be transported.
Chenault Mr. Miller explained that it would be
trucked down by Lydon Transport from
Minto, which should provide a large
savings.
3:14:11 PM Mr. Miller Referenced Slide 35, the Healy Clean
Coal Project. AIDEA continues
litigation and mediation with Golden
Valley Electric over access issue to
that facility.
3:15:06 PM Mr. Miller Referenced Slide 37:
· Alaska Energy Authority (AEA)
builds rural energy projects
He noted that AEA builds rural energy
projects; owns State energy assets;
manages the Power Cost Equalization
(PCE) program; provides training and
assistance to rural utilities; pursues
alternative energy programs; and
responds to electrical power
emergencies.
3:15:50 PM Representative Asked what the active alternative
Joule energy programs included. Mr. Miller
noted the measurement of the wind
resource potential; participating in
the Chena geo-thermal project;
investigating geo-thermal potential in
other areas of the State; active on a
couple bio-mass projects, coupled with
the power-mass loan program.
Mr. Miller added, that they offered the
first title power conference in the
City of Ketchikan. Also, $27 million
dollars in alternative energy projects
around the State at this time, most of
which are federal funds.
Representative Joule asked if coal bed
methane (CBM) was being used at this
time. Mr. Miller replied it was not
yet.
3:18:29 PM Co-Chair Questioned where the $12.6 million
Chenault dollars allocated for the Healy Clean
Coal went. Mr. Miller explained there
are costs associated with restarting
the plant; it has been idle since 1959.
Funding is needed to update & modify
it.
Testimony by AIDEA was concluded.
3:19:25 PM Co-Chair ADJOURNMENT
Chenault
The meeting was adjourned at 3:19 P.M.
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