Sec. 29.35.875. Administration of regional solid waste management authorities; board.
(a) An authority shall be governed by a board of directors, which shall exercise the powers of the authority. The enabling ordinance establishing the authority under AS 29.35.805 must specify the number, qualifications, manner of appointment or election, and terms of members of the board. (b) The board shall appoint a chief executive officer of […]
Sec. 29.35.800. Purpose of authorities.
The purpose of a regional solid waste management authority is to provide environmentally sound and cost-effective management of solid waste, including storage, collection, transportation, separation, processing, recycling, and disposal, to protect the public health, safety, and welfare; improve the environment of the state; recover resources and energy; and prevent pollution.
Sec. 29.35.805. Establishment of regional solid waste management authorities.
(a) A regional solid waste management authority may be created in one of the following ways: (1) the governing body of a municipality may, by ordinance, create a regional solid waste management authority as a public corporation of the municipality; (2) the governing bodies of two or more municipalities may, by substantially identical ordinances adopted […]
Sec. 29.35.810. Dissolution of a regional solid waste management authority.
(a) The enabling ordinance creating a regional solid waste management authority must provide for the manner by which a regional solid waste management authority may be dissolved. (b) If an authority ceases to exist, its assets shall be distributed to each municipality that was participating in the authority on the day before the date of […]
Sec. 29.35.815. Municipal property.
(a) A municipality may transfer and otherwise convey or lease real property and improvements to real property to an authority for use by the authority for the purposes set out in the ordinance adopted under AS 29.35.805. (b) A municipality may transfer and otherwise assign or lease personal property to an authority for use by […]
Sec. 29.35.820. Powers and duties.
(a) If provided in the enabling ordinance, an authority may (1) sue and be sued; (2) have a seal and alter it; (3) acquire an interest in a project as necessary or appropriate to provide financing for the project, whether by purchase, gift, or lease; (4) lease to others a project acquired by the authority […]
Sec. 29.35.825. Bonds of a regional solid waste management authority; superior court jurisdiction.
(a) If authorized by the enabling ordinance, an authority may borrow money and issue bonds on which the principal and interest are payable (1) exclusively from the income and receipts of, or other money derived from, the project financed with the proceeds of the bonds; (2) exclusively from the income and receipts of, or other […]
Sec. 29.35.830. Bonds eligible for investment.
Bonds issued under AS 29.35.825 are securities in which public officers and public bodies of the state and its political subdivisions, insurance companies, trust companies, banks, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. The bonds may be deposited with […]
Sec. 29.35.835. Validity of pledge.
The pledge of revenue of an authority to the payment of the principal of or interest on bonds or notes of the authority is valid and binding from the time the pledge is made, and the revenue is immediately subject to the lien of the pledge without physical delivery or further act. The lien of […]
Sec. 29.35.840. Credit of state or a municipality not pledged.
(a) The state and municipalities participating in an authority are not liable for the debts of that authority. Bonds issued under AS 29.35.825 are payable solely from the revenue of the authority and do not constitute a (1) debt, liability, or obligation of the state or a municipality; or (2) pledge of the faith and […]