SB 125-EXTEND BOND AUTH FOR INTERIOR ENERGY PROJ                                                                    
                                                                                                                                
3:29:59 PM                                                                                                                    
CHAIR  BISHOP  announced  consideration  of SB  125.  [CSSB  125,                                                               
version 30-LS1004\A, was before the committee.]                                                                                 
                                                                                                                                
SENATOR  STEDMAN  moved  to  adopt  CSSB  125(CRA),  version  30-                                                               
LS1004\O, for  discussion purposes. There were  no objections and                                                               
it was so ordered.                                                                                                              
                                                                                                                                
CHAIR  BISHOP,  finding  no discussion  from  committee  members,                                                               
opened public testimony.                                                                                                        
                                                                                                                                
3:31:07 PM                                                                                                                    
BRYCE WARD, Mayor,  City of North Pole, Alaska,  supported SB 125                                                               
saying this project will provide  better air quality and a stable                                                               
energy supply for the Interior.                                                                                                 
                                                                                                                                
3:32:11 PM                                                                                                                    
JIM MATHERLY,  Mayor, City of Fairbanks,  Alaska, supported Mayor                                                               
Ward's  comments  in support  of  SB  125.  Last night,  he  said                                                               
Resolution  4823  supporting  the bonding  extension  was  passed                                                               
unanimously by the  City Council. This project is  better for the                                                               
long term  goals for affordable  energy for the Interior  and air                                                               
quality.                                                                                                                        
                                                                                                                                
3:33:14 PM                                                                                                                    
JON  COOK,  CFO,  Airport   Equipment  Rentals,  Inc,  Fairbanks,                                                               
Alaska, supported  SB 125.  In addition to  the benefits  it will                                                               
provide to  their operations business of  equipment rentals, they                                                               
are  one  of the  larger  real  estate development  companies  in                                                               
Fairbanks, and  a reliable  supply of natural  gas would  make it                                                               
possible for Fairbanks to have  more big box retail stores. These                                                               
box stores would provide affordable  goods and jobs for people in                                                               
Fairbanks.                                                                                                                      
                                                                                                                                
3:35:29 PM                                                                                                                    
KARL  KASSEL, Mayor,  Fairbanks  North  Star Borough,  Fairbanks,                                                               
Alaska, supported  SB 125. He  echoed previous comments  and said                                                               
this is very important for their community.                                                                                     
                                                                                                                                
CHAIR  BISHOP,   finding  no  further  comments,   closed  public                                                               
testimony.  He  reported  that  this   past  weekend  he  was  in                                                               
Fairbanks and  went by the  south Fairbanks storage  facility and                                                               
was  happy to  report that  the project  looks to  be progressing                                                               
well.                                                                                                                           
                                                                                                                                
SENATOR  STEDMAN moved  to report  CSSB  125(CRA) from  committee                                                               
with individual  recommendations and  attached zero  fiscal note.                                                               
There were no objections and it was so ordered.