(a) A municipality may assess against the property of a state or federal governmental unit and private real property to be benefited by an improvement all or a portion of the cost of acquiring, installing, or constructing capital improvements. The state shall pay an assessment levied, except as otherwise provided by law and subject to its right of protest under AS 29.46.020 (b). If a governmental unit other than the state benefited by an improvement refuses to pay the assessment, it shall be denied the benefit of the improvement. An improvement proposal may be initiated by
(1) petition to the governing body of the owners of one-half in value of the property to be benefited; or
(2) the governing body.
(b) Notwithstanding (a) of this section, a party to a contract approved by the legislature as a result of submission of a proposed contract developed under AS 43.82 or as a result of acts by the legislature in implementing the purposes of AS 43.82, is exempt, as specified in the contract, from assessment under this chapter against real property associated with the approved qualified project that is subject to the contract. This subsection applies to home rule municipalities.
Section: 29.46.010 29.46.020 29.46.030 29.46.040 29.46.050 29.46.060 29.46.070 29.46.080 29.46.090 29.46.100 29.46.110 29.46.120 29.46.130 29.46.140 NextLast modified: November 15, 2016