Subject to direct appropriation or through the proceeds of a bonding issue, the state shall make matching grants to municipalities of an amount equal to $50 per capita, based on the population of the municipality, to pay not more than one-half of the cost of construction of a facility to be used principally for sports.
Application for a grant under AS 05.35.010 – 05.35.070 shall be made before June 30, 1974. Funds shall be disbursed upon demonstration that a proposed facility is of the type contemplated by AS 05.35.010 – 05.35.070 and that the applicant will pay its share of the cost of construction.
A municipality shall maintain a facility and employ it, or cause it to be employed, for the uses intended by AS 05.35.010 – 05.35.070 by direct operation, by operation through a contract manager, or by lease.
A municipality may own, maintain, and employ a facility constructed under AS 05.35.010 – 05.35.070. The exercise of this power on an areawide basis is at the option of the borough and is not subject to the restrictions on acquiring additional areawide powers in AS 29.35.300 – 29.35.330.
No more than one grant under AS 05.35.010 – 05.35.070 may be made within an organized borough. If an organized borough refuses or fails to undertake a project within one year of July 1, 1972, a first class city within that organized borough may undertake a sports facility project.
The commissioner shall administer the grant program and in so doing liberally interpret AS 05.35.010 – 05.35.070.
In AS 05.35.010 – 05.35.070, (1) “commissioner” means the commissioner of commerce, community, and economic development; (2) “cost of construction” includes, in addition to costs directly related to the project, the sum total of all costs of financing and carrying out of the project; these include, but are not limited to, the costs of all […]