Alaska Statutes
Article 1. Housing Project and Public Building Assistance Act.
Sec. 18.55.280. Public loans or donations to or cooperation with corporation.

(a) In conjunction with the exercise by the corporation of a power authorized by AS 18.55.100 - 18.55.290, a public body, officer, or agency of the state may
(1) lend or donate money or property to the corporation;
(2) cooperate with it in the planning, construction, or operation of a public housing or public building project;
(3) transfer to it an interest in property, grant an easement, and undertake otherwise authorized construction of facilities adjacent to a project;
(4) furnish or improve otherwise authorized roads, streets, alleys, and sidewalks;
(5) make exceptions from building codes, exercise its planning and zoning powers, and annex the site of a project;
(6) contract to exercise its powers relating to repair, elimination, or closing of unsafe, insanitary, or unfit dwellings;
(7) purchase the bonds of the corporation for a housing or public building project authorized by AS 18.55.100 - 18.55.290;
(8) incur the entire expense of improvements made under AS 18.55.010 - 18.55.290;
(9) agree with the corporation that a certain sum or that no sum shall be paid by the corporation to the public body, officer, or agency instead of taxes;
(10) enter into agreements respecting exercise of a power granted in AS 18.55.100 - 18.55.290 if that agreement is approved and executed by the public body or municipality in or adjacent to the project before the project is constructed; and
(11) in general do all things necessary or convenient to cooperate in the planning, construction, or operation of a project.
(b) A sale, conveyance, lease, or agreement under this section may be made without appraisal, public notice or advertisement or bidding. A public body may exercise the powers granted in this section by resolution or ordinance by a majority of the members of the governing body present at the meeting at which it is introduced, and the resolution or ordinance takes effect immediately without publishing or posting.

Structure Alaska Statutes

Alaska Statutes

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

Chapter 55. Housing, Public Buildings, Urban Renewal, and Regional Housing Authorities

Article 1. Housing Project and Public Building Assistance Act.

Sec. 18.55.010. Purpose of AS 18.55.100 - 18.55.290.

Sec. 18.55.080. Members or employees prohibited from acquiring interest in projects.

Sec. 18.55.100. Powers of corporation.

Sec. 18.55.110. Cooperation with and aid of federal government.

Sec. 18.55.120. Housing for low-income households.

Sec. 18.55.130. Qualifications of tenants.

Sec. 18.55.140. Issuance of bonds, notes, and refunding bonds.

Sec. 18.55.150. Security for bonds.

Sec. 18.55.160. Limitation of liability on bonds.

Sec. 18.55.170. Exemption from taxes.

Sec. 18.55.180. Issuance and sale of bonds and notes.

Sec. 18.55.187. Independent financial advisor.

Sec. 18.55.200. Additional powers to secure bonds or obligations under leases.

Sec. 18.55.210. Right of obligee of corporation to bring action.

Sec. 18.55.220. Power of corporation to confer upon obligee right to bring action or proceeding.

Sec. 18.55.230. Exemption of real property of corporation from execution or other process.

Sec. 18.55.240. Power of corporation to obtain federal aid and cooperation.

Sec. 18.55.250. Property of corporation exempt from taxes and assessments.

Sec. 18.55.255. Disposal of surplus property.

Sec. 18.55.260. Legality of corporation's bonds as investments.

Sec. 18.55.270. Recommendations for legislation.

Sec. 18.55.280. Public loans or donations to or cooperation with corporation.

Sec. 18.55.288. Definitions.

Sec. 18.55.290. Short title.