Alaska HB216 authorizes the Alaska Railroad Corporation to transfer approximately 84.8 acres of rail land to the City of Whittier for fair market.

Alaska HB216 approves the transfer of approximately 84.8 acres of rail land from the Alaska Railroad Corporation to the City of Whittier. The transfer includes five areas of interest within Whittier, with the land to be conveyed for fair market value. The Alaska Railroad Corporation and the City of Whittier must execute an agreement to conduct necessary surveying and platting actions. The bill also allows the Alaska Railroad Corporation to accept cash equivalent to the fair market value of the land being conveyed. This Act takes effect immediately.

Alaska HB216 authorizes the Alaska Railroad Corporation to transfer approximately 84.8 acres of rail land to the City of Whittier for fair market.

Alaska HB216 approves the transfer of approximately 84.8 acres of rail land from the Alaska Railroad Corporation to the City of Whittier. The transfer includes five areas of interest within Whittier, with the land to be conveyed for fair market value. The Alaska Railroad Corporation and the City of Whittier must execute an agreement to conduct necessary surveying and platting actions. The bill also allows the Alaska Railroad Corporation to accept cash equivalent to the fair market value of the land being conveyed. This Act takes effect immediately.