US Lawyer Database

Sec. 29.47.440. Borough indebtedness.

(a) A borough may incur indebtedness on (1) an areawide basis for areawide functions; or (2) a nonareawide basis for functions performed only in the borough area outside all cities; or (3) a service area basis for functions performed only in a service area. (b) Payment of debt principal and interest as well as other […]

Sec. 29.47.450. Service area debt.

The indebtedness of a service area acquired under AS 29.47.440 remains the indebtedness of the area that incurred the debt, notwithstanding a subsequent court determination that the service area was not validly formed under law or by virtue of a defect in the proceedings creating the service area. All property in the service area remains […]

Sec. 29.47.460. Debt for improvement area projects.

(a) A municipality may issue bonds to finance or to make loans to finance the acquisition, construction, rehabilitation, or development of public improvements in improvement areas. The municipality may issue the bonds as general obligation bonds or as revenue bonds or as a combination of revenue bonds, general obligation bonds, and other forms of indebtedness. […]

Sec. 29.47.480. Accrued actuarial liabilities of retirement systems.

(a) A municipality, or two or more municipalities jointly, may enter into a lease or other contractual agreement with a trustee, or the Alaska Municipal Bond Bank Authority or a subsidiary of the authority, a subsidiary of the Alaska Housing Finance Corporation, the state bond committee, or the Alaska Pension Obligation Bond Corporation in connection […]

Sec. 29.55.020. Establishment of historical districts.

(a) In addition to existing municipal authority providing for the preservation, protection, and maintenance of historic sites, the local historical district commission, in consultation with the Alaska Historical Commission in the Department of Natural Resources, may establish historical districts within the boundaries of the municipality. (b) A historical district shall be a reasonably compact area […]

Sec. 29.55.100. Establishment of program.

(a) A municipality may establish an energy and resilience improvement assessment program under AS 29.55.100 – 29.55.165 to finance the construction, installation, or modification of permanent improvements that are fixed to new construction or existing privately owned commercial or industrial property and that (1) are energy improvement projects designed to reduce energy consumption or demand, […]

Sec. 29.55.105. Assessment.

(a) A municipality that establishes a program under AS 29.55.100 may (1) enter into a written contract with a record owner of privately owned commercial or industrial property in a region designated under AS 29.55.100 to impose an assessment to repay the financing of an energy or resilience improvement project on that property; (2) contract […]

Sec. 29.55.110. Report regarding assessment program.

(a) The municipality shall prepare a report for a proposed program required by AS 29.55.100 that includes (1) a map showing the boundaries of each proposed region within which the program is available; (2) a form for a contract between the municipality and a property owner specifying the terms of (A) assessment under the program; […]

Sec. 29.55.115. Notice to mortgage holder required for participation.

Before a municipality may enter into a written contract with a record owner of property to impose an assessment to repay the financing of an energy or resilience improvement project under AS 29.55.100, the property owner shall (1) give each holder of a mortgage lien on the property at least 30 days’ written notice of […]