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- Alaska Statutes.
- Title 14. Education, Libraries, and Museums
- Chapter 40. The University of Alaska, the Community Colleges, and the Alaska Aerospace Development Corporation
- Section 946. Public Loans or Donations to or Cooperation With Corporation.
previous: Section 945
. [Renumbered as AS 14.43.415
next: Section 950
. [Renumbered as AS 14.43.420
AS 14.40.946. Public Loans or Donations to or Cooperation With Corporation.
- (a) A public body or agency of the state may
- (1) lend or donate money or property to the corporation;
- (2) cooperate with it in the planning, construction, or operation of a project;
- (3) transfer to it an interest in property, grant an easement, undertake otherwise authorized construction of facilities
adjacent to a project;
- (4) furnish or improve otherwise authorized roads, streets, alleys, and sidewalks;
- (5) purchase bonds of the corporation;
- (6) incur the entire expense of improvements made under this chapter;
- (7) agree with the corporation that a certain sum or that no sum shall be paid by the corporation to it instead of taxes;
- (8) enter into agreements respecting exercise of the powers granted in AS 14.40.821
- 14.40.990 that shall be approved and executed by
the public body or municipality in or adjacent to the project before the project may be constructed; and
- (9) in general do all things necessary or convenient to cooperate in the planning, construction, or operation of a
- (b) Except as required under AS 44.62.310
and 44.62.312, a sale, conveyance, lease, or
agreement under this section may be made without appraisal, public notice or advertisement, or bidding. A public body
may exercise the powers granted in this section by resolution or ordinance by a majority of the members of the
governing body present at the meeting at which it is introduced, and the resolution or ordinance takes effect
immediately without publishing or posting.
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