MINUTES                                                                        
SENATE FINANCE COMMITTEE                                                       
6 February, 1998                                                               
9:40 am                                                                        
                                                                               
TAPES                                                                          
                                                                               
SFC 98  # 23, Side A (000-590)                                                 
      Side B (590-266)                                                         
                                                                               
CALL TO ORDER                                                                  
                                                                               
Senator Bert Sharp, Co-chair, convened the meeting at                          
approximately 9:40 am.                                                         
                                                                               
                                                                               
PRESENT                                                                        
                                                                               
In addition to Co-chairman Sharp, Senators Donley,                             
Torgerson, Parnell and Phillips were present when the                          
meeting was convened.  Senator Pearce arrived later.                           
                                                                               
Also Attending:  JOSEPH PERKINS, Commissioner, Department of                   
Transportation and Public Facilities; NANCY SLAGLE, Director                   
of Administrative Services, DT&PF; BILL SHEFIELD, President                    
and CEO, Alaska Railroad Corporation;  JIM BLASINGAME, Vice                    
President, Corporate Affairs, ARRC; JERRY ANDERSON, Chief                      
Financial Officer, ARRC; TOM BROOKS, Acting Vice President,                    
Mechanical Operations, and Chief Engineer, ARRC; PAT                           
DAVIDSON, Acting Legislative Auditor, Division of                              
Legislative Audit; MIKE GREANY, Director, Division of                          
Legislative Finance GINGER PATTON and JIM HAUCK, Fiscal                        
Analysts, DLF; and aides to committee members and other                        
members of the Legislature.                                                    
                                                                               
                                                                               
via Teleconference:  BILL COUBE, Mayor, City of Whittier;                      
and CARRIE WILLIAMS, Member of the Public.                                     
                                                                               
                                                                               
SUMMARY INFORMATION                                                            
                                                                               
OVERVIEW                                                                       
PRESENTED BY                                                                   
ALASKA RAILROAD CORPORATION                                                    
                                                                               
                                                                               
The meeting was recorded and handwritten log notes were                        
taken.  A copy of the tape and log notes may be obtained by                    
contacting either the Legislative Finance Division, PO Box                     
113200, Juneau, Alaska 99811-3200 (Phone: (907) 465-3795) or                   
the office of the Senate Finance Committee Secretary (Phone                    
(907) 465-2618).                                                               
                                                                               
                                                                               
ADJOURNMENT                                                                    
                                                                               
Co-Chair Pearce adjourned the meeting at approximately                         
11:00 am.                                                                      
SFC-98 (2) 2/06/98 am