Section 3.180.090. Incorporation or dissolution of a municipality.

	(a)  A municipality that incorporates on or before June 30 of a state fiscal year is eligible to receive a community revenue sharing payment under AS 29.60.855 and 29.60.860 the following state fiscal year.  
	(b)  A qualified entity under AS 29.60.865(a) located within a city in the unorganized borough may receive a community revenue sharing payment under AS 29.60.855 and 29.60.860 if   
		(1) the city has not qualified for a community revenue sharing payment under AS 29.60.855 and 29.60.860 for two consecutive state fiscal years; and   
		(2) a petition has been submitted under AS 29.06.460 to the Local Boundary Commission to initiate dissolution of the city.  
	(c)   Payment may not be made under (b) of this section for more than two state fiscal years.   

Authorities

29.60.855;29.60.860;44.33.020

Notes

Reference

3 AAC 180.065

Authority

AS 29.60.855 AS 29.60.860 AS 44.33.020

History

Eff. 5/15/2008, Register 186; am 10/8/2008, Register 188