HOUSE TRANSPORTATION STANDING COMMITTEE March 2, 2000 1:55 p.m. COMMITTEE CALENDAR OVERVIEW: ANCHORAGE INTERNATIONAL AIRPORT RAILROAD STATION BY THE ALASKA RAILROAD CORPORATION TAPE(S) 00-15, SIDE(S) A CALL TO ORDER Representative Andrew Halcro, Chairman, convened the House Transportation Standing Committee meeting at 1:55 p.m. PRESENT All members were present. SUMMARY OF INFORMATION [FOR HB 362 AND HB 182 PLEASE SEE HOUSE TRANSPORTATION MINUTES DATED 3/2/00 AT 1:10 P.M.] JAMES KUBITZ, Vice President, Real Estate and Project Planning, Alaska Railroad Corporation, Department of Community & Economic Development, came forward to brief the committee members on the railroad station at the Anchorage International Airport. He indicated that the project is on time, on budget and moving forward. The railroad has signed a 55-year lease agreement, which has been executed, and they will start paying rent shortly. He also indicated that the lease can automatically be terminated, if the rail station is not used for 18 consecutive months. He further mentioned that a market analysis, which was completed in July of 1999, indicates that this is very promising, especially as it relates to the tourism industry. The cruise industry, he said, is always looking for ways to get people to-and-from town. Moreover, according to polls in the Palmer and Wasilla areas, people are more likely to take a commuter train to the airport than to work. Mr. Kubitz further indicated that the funding will come from a direct grant from the Federal Railroad Administration. His comments were followed by a series of questions by committee members. COMMITTEE ACTION The committee took no action. ADJOURNMENT The meeting adjourned at 2:30 p.m. NOTE: The meeting was recorded and handwritten log notes were taken. A copy of the tape(s) and log notes may be obtained by contacting the House Records Office at 129 6th Street, Suite 229, Juneau, Alaska 99801, (907) 465-2214, and after adjournment of the second session of the Twenty-first Alaska State Legislature this information may be obtained by contacting the Legislative Reference Library at 129 6th Street, Suite 102, Juneau, Alaska 99801, (907) 465-3808.