(a) In conjunction with the exercise by the corporation of a power authorized by Alaska Stat. § 18.55.100 – 18.55.290, a public body, officer, or agency of the state may

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Terms Used In Alaska Statutes 18.55.280

  • Appraisal: A determination of property value.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • municipality: means a political subdivision incorporated under the laws of the state that is a home rule or general law city, a home rule or general law borough, or a unified municipality. See Alaska Statutes 01.10.060
  • property: includes real and personal property. See Alaska Statutes 01.10.060
  • state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
(1) lend or donate money or property to the corporation;
(2) cooperate with it in the planning, construction, or operation of a public housing or public building project;
(3) transfer to it an interest in property, grant an easement, and undertake otherwise authorized construction of facilities adjacent to a project;
(4) furnish or improve otherwise authorized roads, streets, alleys, and sidewalks;
(5) make exceptions from building codes, exercise its planning and zoning powers, and annex the site of a project;
(6) contract to exercise its powers relating to repair, elimination, or closing of unsafe, insanitary, or unfit dwellings;
(7) purchase the bonds of the corporation for a housing or public building project authorized by Alaska Stat. § 18.55.100 – 18.55.290;
(8) incur the entire expense of improvements made under Alaska Stat. § 18.55.010 – 18.55.290;
(9) agree with the corporation that a certain sum or that no sum shall be paid by the corporation to the public body, officer, or agency instead of taxes;
(10) enter into agreements respecting exercise of a power granted in Alaska Stat. § 18.55.100 – 18.55.290 if that agreement is approved and executed by the public body or municipality in or adjacent to the project before the project is constructed; and
(11) in general do all things necessary or convenient to cooperate in the planning, construction, or operation of a project.
(b) 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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