If the commissioner approves an application and proposed project plan under Alaska Stat. § 43.82.140, the commissioner may develop a contract that may include

(1) terms concerning periodic payment in lieu of one or more taxes as provided in Alaska Stat. § 43.82.210;
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Terms Used In Alaska Statutes 43.82.200

  • Contract: A legal written agreement that becomes binding when signed.
  • 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
(2) terms developed under Alaska Stat. § 43.82.220 relating to

(A) timing and notice of the state‘s right to take royalty in kind or in value; and
(B) royalty value;
(3) terms regarding the hiring of Alaska residents and contracting with Alaska businesses under Alaska Stat. § 43.82.230;
(4) terms regarding periodic payment to, or an equity or other interest in a project for, municipalities under Alaska Stat. § 43.82.500;
(5) terms regarding arbitration or alternative dispute resolution procedures;
(6) terms and conditions for administrative termination of a contract under Alaska Stat. § 43.82.445; and
(7) other terms or conditions that are

(A) necessary to further the purposes of this chapter; or
(B) in the best interests of the state.
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