Sec. 35.10.120. Lease or sale of marine or harbor facilities.
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/ak/title-35/chapter-10/35-10-120·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 35.10.120. Lease or sale of marine or harbor facilities.
The department may lease for a period up to 50 years or may sell for a nominal sum to an incorporated city, public utility district, or other incorporated area marine or harbor facilities constructed or rebuilt with territorial funds or state funds or with territorial or state and federal matching funds. The intent of this section is to allow cities, public utility districts, and other incorporated areas to lease or purchase marine or harbor facilities so that they may enforce municipal ordinances on them and legally assess fees to meet maintenance costs.
Article 3. Financial Provisions.