(a) In connection with any project carried out under AS 18.55.932, the commissioner of commerce, community, and economic development may contract with the corporation, under terms approved by the governor, to provide a state grant-in-aid equal to one-half the excess of the cost of the project, as determined by the commissioner, over the federal grant-in-aid.
(b) [Repealed, § 16 ch 20 SLA 2002.]
(c) For purposes of this section, “cost of the project” includes, in addition to costs directly related to the project, the sum total of all costs of financing and carrying out the project. These include, but are not limited to, the costs of all necessary studies, surveys, plans and specifications, architectural, engineering or other special services, acquisition of real property, site preparation and development, purchase, construction, reconstruction and improvement of real property and the acquisition of machinery and equipment as may be necessary in connection with the project; an allocable portion of the administrative and operating expenses of the grantee; the cost of financing the project, including interest on bonds issued to finance the project; and the cost of other items, including any indemnity and surety bonds and premiums on insurance, legal fees, fees and expenses of trustees, depositaries, financial advisors, and paying agents for the bonds issued as the issuer considers necessary.
Structure Alaska Statutes
Title 18. Health, Safety, Housing, Human Rights, and Public Defender
Chapter 55. Housing, Public Buildings, Urban Renewal, and Regional Housing Authorities
Article 3. Slum Clearance and Redevelopment Act.
Sec. 18.55.480. Findings and declaration of necessity.
Sec. 18.55.490. Legislative intent.
Sec. 18.55.510. Finding of necessity by municipality.
Sec. 18.55.520. Powers of the corporation.
Sec. 18.55.525. Neighborhood development projects.
Sec. 18.55.530. Preparation and approval of redevelopment plans.
Sec. 18.55.540. Disposal of property in redevelopment project.
Sec. 18.55.550. Eminent domain.
Sec. 18.55.560. Acquisition and development of undeveloped vacant land.
Sec. 18.55.570. Issuance of bonds and notes.
Sec. 18.55.580. Power of corporation to provide additional security for bonds.
Sec. 18.55.590. Remedies of obligee.
Sec. 18.55.600. Bonds as legal investment.
Sec. 18.55.610. Conveyance to federal government on default.
Sec. 18.55.620. Property exempt from taxes and execution.
Sec. 18.55.630. Cooperation by public bodies.
Sec. 18.55.650. Title of purchaser of project property.
Sec. 18.55.660. Additional powers of governing body.
Sec. 18.55.670. Preparation of general plan by local governing body.
Sec. 18.55.680. Urban renewal projects; definition.
Sec. 18.55.690. Urban renewal plan; definition.
Sec. 18.55.700. Powers with respect to urban renewal.
Sec. 18.55.710. Public bodies authorized to assist in urban renewal projects.
Sec. 18.55.720. Corporation may delegate functions to municipalities and public bodies.
Sec. 18.55.730. Agreements for exercising powers and granting assistance.
Sec. 18.55.740. Workable program.
Sec. 18.55.750. Municipality may repair, etc., dwellings unfit for habitation.
Sec. 18.55.760. Ordinances relating to unfit dwellings.
Sec. 18.55.770. What ordinance must include.
Sec. 18.55.780. Petition or finding that dwelling is unfit and filing of complaint.
Sec. 18.55.790. Pleadings and hearing.
Sec. 18.55.800. Rules of evidence do not control in hearings before the corporation.
Sec. 18.55.810. Findings and order.
Sec. 18.55.820. Ordinance to fix percentage of cost as reasonable.
Sec. 18.55.830. Failure of owner to comply with order.
Sec. 18.55.840. Costs of repair, etc., are a lien.
Sec. 18.55.850. Disposition of material where dwelling is removed or demolished.
Sec. 18.55.870. Manner of serving parties in interest.
Sec. 18.55.880. Injunction to prevent corporation from proceeding.
Sec. 18.55.890. Remedies provided are exclusive.
Sec. 18.55.900. Ordinance may give corporation additional powers.
Sec. 18.55.910. Municipality to prepare estimate of costs of administration.
Sec. 18.55.920. AS 18.55.750 - 18.55.930 not a limitation on municipalities.
Sec. 18.55.930. Powers of a municipality to control use and occupancy of dwellings.
Sec. 18.55.932. Urban redevelopment or urban renewal in a disaster area.
Sec. 18.55.934. State aid for an urban redevelopment or urban renewal project in a disaster area.