Sec. 18.55.280. Public loans or donations to or cooperation with corporation.

326 words·~1 min read·/ak/title-18/chapter-55/18-55-280

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)In conjunction with the exercise by the corporation of a power authorized by AS 18.55.100 — 18.55.290, a public body, officer, 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 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 AS 18.55.100 — 18.55.290;

(8)incur the entire expense of improvements made under AS 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 AS 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.