Authorizes Alaska Railroad Corporation to transfer approximately 84.8 acres of rail land to the City of Whittier for fair market value.
The bill authorizes the Alaska Railroad Corporation to transfer approximately 84.8 acres of rail land to the City of Whittier for fair market value. The land transfer includes five areas of interest within the City of Whittier, with surveying and platting actions necessary to convey the real property. The Alaska Railroad Corporation and the City of Whittier must execute an agreement to conduct these actions. The transfer is subject to valid existing rights and the approval of the Alaska Railroad Corporation's board of directors.
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