10/23/2001 10:00 AM House RLS

                    ALASKA STATE LEGISLATURE                                                                                  
                  HOUSE RULES STANDING COMMITTEE                                                                              
                        October 23, 2001                                                                                        
                           10:00 a.m.                                                                                           
                                                                                                                                
                                                                                                                                
COMMITTEE CALENDAR                                                                                                            
                                                                                                                                
OVERVIEW ON NETRICITY BY JIM DODSON OF MDU RESOURCES                                                                            
(reference HCR 17)                                                                                                              
                                                                                                                                
TAPES                                                                                                                         
                                                                                                                                
O1- 18, SIDE A                                                                                                                  
                                                                                                                                
CALL TO ORDER                                                                                                                 
                                                                                                                                
Representative  Kott,  Chair,  called the  House  Rules  Standing                                                               
Committee to order at 10:00 a.m.                                                                                                
                                                                                                                                
PRESENT                                                                                                                       
                                                                                                                                
Those present  at the  call to  order were  Representatives Kott,                                                               
McGuire,  and  Morgan.   Representative  Lancaster  was  also  in                                                               
attendance.                                                                                                                     
                                                                                                                                
SUMMARY OF INFORMATION                                                                                                        
                                                                                                                                
JIM  DODSON  and  MICHAEL CASKEY,  Netricity  LLC,  provided  the                                                               
committee with an update of the  Netricity project.  It was noted                                                               
that the critical  matter at the moment is in  regard to securing                                                               
a gas contract or options on  a gas contract.  Therefore, that is                                                               
the primary reason the two are  in Alaska this week, to meet with                                                               
the oil companies.  Pending  the finalization of the gas purchase                                                               
agreements, the engineering study of the project would start.                                                                   
                                                                                                                                
A question and  answer session followed during which  the lack of                                                               
time  to  have a  contract  by  the  first  day of  session,  the                                                               
unclearness of the  state's right to overlift gas,  and the issue                                                               
of power through natural gas were discussed.                                                                                    
                                                                                                                                
CHAIRMAN  KOTT  expressed  the  need for  this  project  to  move                                                               
forward in the most expeditious timeframe possible.                                                                             
                                                                                                                                
ANNOUNCEMENTS                                                                                                                 
                                                                                                                                
There were no announcements.                                                                                                    
                                                                                                                                
COMMITTEE ACTION                                                                                                              
                                                                                                                                
The committee took no action.                                                                                                   
                                                                                                                                
ADJOURNMENT                                                                                                                   
                                                                                                                                
The  House  Rules Standing  Committee  meeting  was adjourned  at                                                               
10:30 a.m.                                                                                                                      
                                                                                                                                
NOTE:  The  meeting was recorded.   A copy of the  tape(s) may be                                                               
obtained  by  contacting  the  House   Records  Office  at  State                                                               
Capitol, Room  3, Juneau, Alaska   99801 (mailing  address) (907)                                                               
465-2214,  and after  adjournment of  the second  session of  the                                                               
Twenty-Second Alaska  State Legislature  this information  may be                                                               
obtained  by  contacting  the Legislative  Reference  Library  at                                                               
(907) 465-3808.