Alaska Statutes 19.75.360 – Transfer of Knik Arm bridge
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Terms Used In Alaska Statutes 19.75.360
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
If the department constructs the Knik Arm bridge and appurtenant facilities, the department shall transfer control of the bridge and appurtenant facilities to the authority, and the authority shall operate the bridge and appurtenant facilities. After the transfer of control, the department retains ownership of the bridge, appurtenant facilities, and real property, and retains the power to reconstruct, equip, extend, maintain, or improve the bridge and appurtenant facilities.