Section 3.152.100. Eligibility requirements.

To be eligible to receive a distribution under the payment in lieu of taxes for cities in the unorganized borough program, a city must  
		(1) be located within the circumference of the boundaries of a federally designated area in the unorganized borough;  
		(2) be incorporated as a city under AS 29.04.010 - 29.04.020 before July 1 of the state fiscal year in which the distribution is requested;  
		(3) submit a resolution to the department that requests the distribution and verifies that  
			(A) the city has conducted a regular election during the state fiscal year preceding the state fiscal year in which the distribution is requested and has reported the results of the election to the commissioner;  
			(B) regular meetings of the city's governing body are held in the city and a record of the proceedings is maintained; and  
			(C) local ordinances adopted by the city have been codified in accordance with AS 29.25.050;  
		(4) adopt and submit to the department a copy of the city's budget for its fiscal year in which the distribution is requested;  
		(5) for a home rule or first class city, file with the department a copy of the city's audit for the city's second fiscal year preceding its fiscal year in which the distribution is requested; and  
		(6) for a second class city, file with the department a copy of the city's audit or certified statement of annual income and expenditures for the city's second fiscal year preceding its fiscal year in which the distribution is requested.  

Authorities

44.33.020

Notes

Authority

AS 44.33.020 ________________________

History

Eff. 10/4/97, Register 144; am 7/12/2009, Register 191