Alaska HB65 authorizes the Alaska Railroad Corporation to issue up to $135 million in revenue bonds to finance the replacement of the Seward.
Alaska HB65 allows the Alaska Railroad Corporation to issue revenue bonds for up to $135 million to replace the Seward passenger dock and terminal facility. The bonds will be repaid from dock revenue or other available funds, without pledging the state's general credit. The new facility must accommodate Alaska marine highway system vessels with side loading doors.
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