Bill > HB216

This bill authorizes the Alaska Railroad Corporation (ARRC) to transfer approximately 84.8 acres of railroad-owned land to the City of Whittier, divided into five specific areas within the city's boundaries. The land transfer would occur at fair market value, subject to existing rights, and the areas are precisely described using U.S. Survey references and specific lot numbers in Sections 13, 14, 15, 22, 23, and 24 of Township 8 North, Range 4 East, Seward Meridian. The legislature recognizes that the land parcels are not currently discrete and allows for potential modifications to the legal descriptions, provided these changes are approved by the ARRC's board of directors. The bill requires the ARRC and Whittier to create an agreement for necessary surveying and platting actions, and the ARRC can accept cash equivalent to the fair market value of the land. This legislation provides the required legislative approval for the ARRC to convey its entire interest in the specified land, and the act takes effect immediately upon passage.

Transportation and Infrastructure

https://www.akleg.gov/basis/Bill/Detail/34?Root=HB216