Sec. 44.83.940. Annual report.
Before March 1 of each year, the authority shall submit to the governor a comprehensive report describing operations, income and expenditures for the preceding 12-month period. The authority shall notify the legislature that the report is available.
Sec. 44.83.950. Appropriations and reports.
(a) Notwithstanding any other provision in this chapter, the authority is subject to the provisions of AS 37.07 (Executive Budget Act). (b) The authority shall, by the 15th day of each regular legislative session, prepare a report detailing project status, original costs, and projected costs, particularly highlighting any costs in excess of the original cost […]
Sec. 44.83.970. Public records; open meetings.
The provisions of AS 40.25.110 – 40.25.120 and AS 44.62.310 – 44.62.319 (Open Meetings Act) apply to the authority. The authority shall publish a proposed agenda of its meetings and afford the public an opportunity to be heard in accordance with AS 44.62.312.
Sec. 44.83.990. Definitions.
In this chapter, unless the context requires otherwise, (1) “authority” means the Alaska Energy Authority established by this chapter; (2) “bonds” means bonds, notes, or other obligations of the authority issued under this chapter; (3) “feasibility study” (A) means a study conducted for the purpose of establishing the economic and environmental practicality of completing a […]
Sec. 44.83.995. Short title.
This chapter may be cited as the Alaska Energy Authority Act.
Sec. 44.83.386. Investment of fund.
The authority shall invest the money in the fund in the manner provided in AS 37.10.070, 37.10.071, and 37.10.075. The authority may withdraw money from the fund only after costs have been incurred or amounts in the fund have been otherwise obligated under contracts for the acquisition and construction of a project.
Sec. 44.83.388. Allotment to projects.
(a) The authority shall maintain records of power project allocations from the fund for each power project (1) approved in accordance with former AS 44.83.185; and (2) for which an allocation is made from an appropriation made by the legislature without specifying an appropriation to a project. (b) Income earned from investment of money appropriated […]
Sec. 44.83.396. Operation of power project.
(a) A power project that was acquired or constructed under AS 44.83.080(18) or as part of the former energy program for Alaska is owned, and shall be administered, by the authority. (b) When a power project has been acquired or constructed by the authority, the project may be operated for the authority under a contract […]
Sec. 44.83.425. Definitions.
In AS 44.83.382 – 44.83.425, (1) “debt service” means the amounts covenanted with respect to, or pledged to pay, bonds under a trust agreement securing bonds; (2) “fund” means the power development fund established by AS 44.83.382; (3) “qualified utility” means an electric utility or an electric operating entity established as an instrumentality of two […]
Sec. 44.83.510. Powers and duties of authority in administering the fund.
(a) Repayment of a loan from the former power development revolving loan fund must be made with the proceeds from the sale of power from projects in the former energy program for Alaska. (b) [Repealed, § 28 ch 18 SLA 1993.]