Legislature(2021 - 2022)
10/14/2022 01:00 PM Senate LEGISLATIVE COUNCIL
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| Adjourn |
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ALASKA STATE LEGISLATURE
LEGISLATIVE COUNCIL
OCTOBER 14, 2022
1:00 PM
MEMBERS PRESENT
Representative Sara Hannan, Chair
Representative Matt Claman
Representative Bryce Edgmon
Representative Louise Stutes
Representative Cathy Tilton
Representative Chris Tuck
Senator Click Bishop
Senator Peter Micciche
Senator Bert Stedman
Senator Gary Stevens
MEMBERS ABSENT
Senator Lora Reinbold, Vice Chair
Representative Neal Foster
Senator Lyman Hoffman
Senator Shelley Hughes (alternate)
Senator Mike Shower
OTHER MEMBERS PRESENT
Senator Jesse Kiehl
AGENDA
APPROVAL OF AGENDA
COMMITTEE BUSINESS
SPEAKER REGISTER
Jessica Geary, Executive Director, Legislative Affairs
Agency (LAA)
I. Call to Order
1:10:08 PM
CHAIR HANNAN called the Legislative Council meeting to order
at 1:10pm in the House Finance Committee room in the Capitol.
Present at the call were: Representatives Claman, Edgmon,
Hannan, Stutes, Tilton, Tuck; Senators Bishop, Micciche,
Stevens.
Nine members present at the call.
Senator Stedman joined at 1:15pm.
II. Approval of Agenda
1:11:41 PM
SENATE PRESIDENT MICCICHE moved and asked unanimous consent
that Legislative Council approve the agenda as presented.
The agenda was approved without objection.
III. Sale of Anchorage Legislative Office Building (ALOB)
Satellite Parking Lot
1:12:00 PM
SENATE PRESIDENT MICCICHE moved that Legislative Council
st
approve the sale of the lot at 1500 West 31 Avenue in
Anchorage, Alaska, for the gross amount of $500,000 and that
any applicable fees or closing costs be paid from the gross
amount per the terms of the Purchase and Sale Agreement.
CHAIR HANNAN objected for the purposes of discussion.
JESSICA GEARY, Executive Director of the Legislative Affairs
Agency, noted that members have in their packet a memo dated
July 15, 2022, which describes this item in detail. She said
the lot is no longer being used by the Legislature and that
this matter has been previously brought before Legislative
Council with consideration to use the lot sale proceeds to
fund legislative capital projects. She continued that, with
approval, this sale will net approximately $470,000 after
closing costs and broker fees, which would be deposited into a
capital appropriation for use for any number of capital
projects that Council chooses.
REPRESENTATIVE TILTON asked if the legislative capital account
referred to by Ms. Geary was where the funds for the purchase
of the lot and the Anchorage Legislative Office Building came
from in the first place.
MS. GEARY stated that in fiscal year 2016 there was a
legislative capital appropriation specifically for the purpose
of purchasing the ALOB - what used to be the Wells Fargo
building - and it came with a vacant parking lot. The proceeds
of the lot sale will be deposited into a general legislative
capital appropriation to be used for renovation, repair, and
necessary improvements to legislative facilities.
REPRESENTATIVE TILTON asked if any money coming from the sale
would come before Legislative Council for consideration.
MS. GEARY responded that it would depend on the procurement
code and the particular item; if an item is under the
threshold, then it would not necessarily need Legislative
Council approval. She confirmed that if it was an item that,
per Legislative Procurement Procedures, would need Legislative
Council approval then it would be brought before the
committee.
SENATOR STEVENS stated his pleasure with the sale, which
reduced the purchase price of the building from about 12
million to 11.5 million dollars. He pointed out the lack of
use of the lot that isnt directly connected to the main
parking lot and asked who had inquired about purchasing it.
MS. GEARY stated that in the past people had approached the
Legislature about the lot, but for this sale, it was listed on
the open market and managed by a broker. After being listed
for approximately six weeks, they received this offer. She
stated the initial offer was $451,000 and the Agency countered
with $500,000, which was in line with the appraised value.
SENATOR STEVENS said the sale was a great opportunity and he
was pleased that the issue had reached this point.
SENATE PRESIDENT MICCICHE said he suspected that if the value
of the lot was dissected from the value of the building, it
would be substantially lower than the $500,000 sale price and
asked if anyone could confirm.
MS. GEARY said that level of cost analysis was not conducted.
The broker is charging standard commercial property broker
fees and the lot sale price is more today than it was two
years ago when Council last considered it. She stated that she
believed this to be a good offer.
SENATE PRESIDENT MICCICHE said he supports the decision to
make the sale.
1:20:57 PM
There was no further discussion and a roll call vote was
taken.
YEAS: Representatives Claman, Edgmon, Hannan, Stutes, Tilton,
Tuck; Senators Bishop, Micciche, Stevens.
NAYS: None.
The motion passed 9-0.
IV. Adjourn
There being no further business before the committee, the
meeting was adjourned at 1:21pm.
1:21:52 PM
| Document Name | Date/Time | Subjects |
|---|---|---|
| October 14, 2022 Legislative Council Meeting Agenda.pdf |
JLEC 10/14/2022 1:00:00 PM |
|
| 2022.10.10 Memo to Chair re Sale of ALOB Satellite Parking Lot.pdf |
JLEC 10/14/2022 1:00:00 PM |
|
| 2022.7.15 LC Memo--Sale of ALOB Satellite Parking Lot.pdf |
JLEC 10/14/2022 1:00:00 PM |