Alaska Statutes
Chapter 26. Alaska Medical Facility Authority
Sec. 18.26.900. Definitions.

In this chapter, unless the context requires otherwise,
(1) “authority” means the Alaska Medical Facility Authority created by this chapter;
(2) “board” means the board of directors of the authority;
(3) “bond resolution” means a resolution authorizing the issuance of, or providing terms and conditions related to, revenue bonds issued under this chapter and includes any trust agreement, trust indenture, mortgage agreement, or deed of trust providing terms and conditions for those bonds;
(4) “bonds” means revenue bonds of the authority issued under this chapter, including refunding and refinancing those bonds;
(5) “cost” includes, but is not necessarily limited to,
(A) the cost incurred for developmental, planning, and feasibility studies, surveys, plans and specifications, and architectural, engineering, legal or other special services;
(B) the cost of acquisition of land and any buildings and improvements on it;
(C) the cost of site preparation and development, including demolition or removal of existing structures, construction, reconstruction, and equipment, including machinery, fixed equipment, and personal property;
(D) carrying charges incurred during construction, up to and including the occupancy date;
(E) interest on bonds issued to finance the project to a date six months after the estimated date of completion;
(F) working capital not exceeding three percent of the estimated total cost of the project or three percent of the actual total final cost, whichever is larger;
(G) the fees and charges, if any, imposed by the authority or by others;
(H) necessary expenses incurred in connection with the initial occupancy of the project, personnel recruitment, and the cost of other items the authority determines to be reasonable and necessary;
(6) “medical facility” includes, but is not limited to, any hospital, nursing home, intermediate care home, public health center or outpatient clinic, facility for the developmentally disabled, a rehabilitation facility, a drug abuse and alcoholism treatment facility, a mental health center, a health-care unit within a sheltered care home or home for senior citizens; “medical facility” does not include any institution, place, or building used or to be used primarily for sectarian instruction or study or as a place for devotional activities or religious work;
(7) “operator” means any person who, by contract with the authority or by contract with a trustee who holds the position of trustee under a trust agreement with the authority, has the responsibility for the day-to-day operation and maintenance of a medical facility and over the development and implementation of long-range goals and objectives for the medical facility; it includes any person acting as an agent or representative of an operator;
(8) “property” means any real, personal, or mixed property, or any interest in it, including without limitation any real estate, appurtenances, buildings, easements, equipment, furnishings, furniture, improvements, machinery, rights-of-way, and structures, or any interest in any of these items;
(9) “revenue” means, with respect to any medical facility, the rent, fees, charges, interest, principal repayments, and other income or profit received or to be received, either directly or indirectly, by the authority from any source on account of the facility.

Structure Alaska Statutes

Alaska Statutes

Title 18. Health, Safety, Housing, Human Rights, and Public Defender

Chapter 26. Alaska Medical Facility Authority

Sec. 18.26.010. Legislative finding and policy.

Sec. 18.26.020. Creation of authority.

Sec. 18.26.030. Board of directors of the authority.

Sec. 18.26.040. Meetings, compensation, officers, and expenses.

Sec. 18.26.050. Powers of authority.

Sec. 18.26.060. Operation and management of medical facilities.

Sec. 18.26.070. Expenses of authority.

Sec. 18.26.080. Bonds of the authority; court jurisdiction.

Sec. 18.26.090. Bond anticipation notes.

Sec. 18.26.100. Trust indentures and trust agreements.

Sec. 18.26.110. Liability for issuance.

Sec. 18.26.120. Bondholder claims against special funds.

Sec. 18.26.130. Conflict of interests.

Sec. 18.26.140. Pledge of revenue.

Sec. 18.26.150. Obligations and income of authority.

Sec. 18.26.160. Rights of bondholders.

Sec. 18.26.170. Investments by authority.

Sec. 18.26.180. Bonds as securities.

Sec. 18.26.190. Pledge of the state.

Sec. 18.26.200. Accounting and reports.

Sec. 18.26.210. State requirements.

Sec. 18.26.220. Facility compliance with health and safety laws and licensing requirements.

Sec. 18.26.230. Authority as a public body; tax status of assets, income and bonds.

Sec. 18.26.240. Earnings of the authority.

Sec. 18.26.250. Operation of certain statutes excepted; status of authority.

Sec. 18.26.260. Issuance and guarantee of Alaska Medical Facility Authority bonds.

Sec. 18.26.900. Definitions.