,,ii ,cal5d> ,no4 #fbi #aac? ,,congress 
#b;d ,session  ,s4 #ahb ,report ,no4    
#aac-bhi ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$
 ,,/ates  ,janu>y #cj1 #bjac,ms4        
,murk[ski 7= h]self & ,mr4 ,begi*7      
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on ,en]gy
 & ,natural ,res\rces  ,decemb] #aj1    
#bjad,report$ by ,ms4 ,l&rieu1 ) an     
amendment,strike out all aft] ! enact+  
clause & ins]t ! "p pr9t$ 9 italic  ,a  
,,bill  ,to provide = ! un5cumb]+ (     
title to non-,f$]al l& own$ by ! city ( 
,an*orage1 ,alaska1 = purposes (        
economic developm5t by conveyance ( !   
,f$]al rev]sion int]e/ to ! ,city4  #a4 
,%ort title ,?is ,act may be cit$ z !   
,an*orage ,l& ,conveyance ,act ( #bjac4 
#b4 ,def9itions ,9 ?is ,act3 7#a7 ,city 
,! t]m ,city means ! city ( ,an*orage1  
,alaska4  7#b7 ,non-f$]al l& ,! t]m     
non-,f$]al l& means c]ta9 p>cels ( l&   
locat$ 9 ! ,city & own$ by ! ,city1 :i* 
are m p>ticul>ly describ$ z foll[s3 7,a7
 ,block #db1 ,orig9al ,t[nsite (        

,an*orage1 ,an*orage ,record+ ,di/rict1 
,?ird ,judicial ,di/rict1 ,/ate (       
,alaska1 consi/+ ( approximately #a4ic  
acres1 commonly kn[n z ! ,egan ,c5t]1   
,petrovi* ,p>k1 & ,old ,city ,hall4     
7,b7 ,lots #i1 #aj1 & #aa1 ,block #ff1  
,orig9al ,t[nsite ( ,an*orage1 ,an*orage
 ,record+ ,di/rict1 ,?ird ,judicial     
,di/rict1 ,/ate ( ,alaska1 consi/+ (    
approximately #j4dh acres1 commonly kn[n
 z ! p>k+ lot at #g? ,av5ue & ,i ,/reet4
  7,c7 ,lot #ac1 ,block #ae1 ,orig9al   
,t[nsite ( ,an*orage1 ,an*orage ,record+
 ,di/rict1 ,?ird ,judicial ,di/rict1    
,/ate ( ,alaska1 consi/+ ( approximately
 #j4bd acres1 an unimprov$ vacant lot   
locat$ at ,h ,/reet & ,*ri/5s5 ,drive4  
7#c7 ,secret>y ,! t]m ,secret>y means ! 
,secret>y ( ! ,int]ior4  #c4 ,conveyance
 ( rev]sion>y int]e/s1 an*orage1 alaska 
7a7 ,9 g5]al ,not)/&+ any o!r provision 
( law1 ! ,secret>y %all convey to !     
,city1 )\t consid]ation1 ! rev]sion>y   
int]e/s ( ! ,unit$ ,/ates 9 & to !      
non-,f$]al l& = ! purpose ( un5cumb]+ ! 

title to ! non-,f$]al l& to enable      
economic developm5t ( ! non-,f$]al l&4  
7b7 ,legal descriptions ,z soon z       
practicable aft] ! date ( enactm5t ( ?is
 ,act1 ! exact legal descriptions ( !   
non-,f$]al l& %all be det]m9$ 9 a mann] 
satisfactory to ! ,secret>y4  7c7       
,additional t]ms & conditions ,!        
,secret>y may require su* additional    
t]ms & conditions to ! conveyance "u    
subsection 7a7 z ! ,secret>y consid]s   
appropriate to protect ! int]e/s ( !    
,unit$ ,/ates4  7d7 ,co/s ,! ,city %all 
pay all co/s associat$ ) ! conveyance "u
 subsection 7a71 includ+ ! co/s ( any   
surveys1 record+ co/s1 & o!r reasonable 
co/s4  #a4 ,%ort title ,?is ,act may be 
cit$ z ! ,an*orage ,l& ,conveyance ,act 
( #bjad4  #b4 ,conveyance ( ,f$]al      
rev]sion>y int]e/ 9 l& locat$ 9         
,an*orage1 ,alaska  7a7 ,def9itions ,9  
?is section3 7#a7 ,municipality ,! t]m  
,municipality means ! municipality (    
,an*orage1 ,alaska4  7#b7 ,secret>y ,!  
t]m ,secret>y means ! ,secret>y ( !     

,int]ior4  7b7 ,conveyance requir$ ,if1 
dur+ ! #a-ye> p]iod beg9n+ on ! date (  
completion ( ! appraisal requir$ by     
subsection 7d71 ! ,municipality submits 
to ! ,secret>y an (f] to acquire !      
,f$]al rev]sion>y int]e/ 9 all l&       
describ$ 9 subsection 7c71 ! ,secret>y  
%all convey to ! ,municipality t        
rev]sion>y int]e/ by n lat] ?an #cj days
 aft] ! date ( receipt ( ! (f]4  7c7    
,description ( l& ,! l& ref]r$ to 9     
subsection 7b7 is describ$ z foll[s3    
7#a7 ,block #db1 ,orig9al ,t[nsite (    
,an*orage1 ,an*orage ,record+ ,di/rict1 
,?ird ,judicial ,di/rict1 ,/ate (       
,alaska1 consi/+ ( approximately #a4ic  
acres1 commonly kn[n z ,! ,egan ,c5t]1  
,petrovi* ,p>k1 & ,old ,city ,hall4     
7#b7 ,lots #i1 #aj1 & #aa1 ,block #ff1  
,orig9al ,t[nsite ( ,an*orage1 ,an*orage
 ,record+ ,di/rict1 ,?ird ,judicial     
,di/rict1 ,/ate ( ,alaska1 consi/+ (    
approximately #j4dh acres1 commonly kn[n
 z ! p>k+ lot at #g? ,av5ue & ,i ,/reet4
  7#c7 ,lot #ac1 ,block #ae1 ,orig9al   

,t[nsite ( ,an*orage1 ,an*orage ,record+
 ,di/rict1 ,?ird ,judicial ,di/rict1    
,/ate ( ,alaska1 consi/+ ( approximately
 #j4bd acres ( an unimprov$ vacant lot  
locat$ at ,h ,/reet & ,*ri/5s5 ,drive4  
7d7 ,appraisal  7#a7 ,9 g5]al ,subject  
to p>agraph 7#b71 n lat] ?an #ahj days  
aft] ! date on :i* ! ,secret>y selects  
an apprais] t is mutually acceptable to 
! ,secret>y & ! ,municipality "u        
p>agraph 7#b77;,a71 ! ,secret>y %all    
complete an appraisal ( ! ,f$]al        
rev]sion>y int]e/ 9 ! l& describ$ 9     
subsection 7c74  7#b7 ,requirem5ts ,!   
appraisal "u p>agraph 7#a7 %all be--    
7,a7 conduct$ by an apprais] t is       
mutually acceptable to ! ,secret>y & !  
,municipality2 &  7,b7 complet$ 9       
accordance ) ! ,uni=m ,appraisal ,/&>ds 
= ,f$]al ,l& ,acquisitions & ! ,uni=m   
,/&>ds ( ,pr(essional ,appraisal        
,practice4  7e7 ,consid]ation  7#a7 ,9  
g5]al ,z consid]ation = conveyance ( !  
,f$]al rev]sion>y int]e/ "u subsection  
7b71 ! ,municipality %all pay to !      

,secret>y an am\nt equal to ! apprais$  
value ( ! ,f$]al rev]sion>y int]e/1 z   
det]m9$ by ! appraisal "u subsection    
7d74  7#b7 ,deadl9e ,! consid]ation "u  
p>agraph 7#a7 %all be paid n lat] ?an   
#cj days aft] ! date ( ! conveyance4    
7f7 ,co/s ( conveyance ,z a condition ( 
! conveyance ( ! ,f$]al rev]sion>y      
int]e/ "u subsection 7b71 all co/s      
associat$ ) ! conveyance1 includ+ ! co/ 
( ! appraisal requir$ by subsection 7d71
 %all be paid by ! ,municipality4       
,decemb] #aj1 #bjad,report$ ) an am5dm5t