Bill Summary – FastDemocracy

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                                          SENATE BILL NO. 219
                         IN THE LEGISLATURE OF THE STATE OF ALASKA
                         THIRTY-FIRST LEGISLATURE - SECOND SESSION
     BY SENATOR COGHILL
     Introduced: 2/21/20
     Referred: Transportation, Finance
                                                A BILL
                                         FOR AN ACT ENTITLED
 "An Act approving the transfer of land owned by the Alaska Railroad Corporation to
 the City of Nenana; and providing for an effective date."
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
   * Section 1. The uncodified law of the State of Alaska is amended by adding a new section
 to read:
         APPROVAL OF THE TRANSFER OF REAL PROPERTY TO THE CITY OF
 NENANA. (a) The Alaska Railroad Corporation shall convey the corporation's interest in the
 surface estate of the following parcels of real property located in Sections 13, 14, and 23 of
 Township 8, North, Range 4, West, Fairbanks Meridian to the City of Nenana:
                 (1) Commencing at M.C.l as shown on the plat of the Nenana Townsite
 approved February 3, 1917, said corner being also Corner No. 1 of U.S.S. 1503; thence south
 82 degrees 43 minutes west, 439.07 feet; thence south 84 degrees 00 minutes west, 255.0 feet;
 thence south 74 degrees 00 minutes west, 240 feet to a point on the Easterly end of the Alaska
 Railroad's timber bulkhead retaining wall; thence continuing Westerly along the face of said
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 timber bulkhead retaining wall approximately 1,090 feet to the end of said timber bulkhead
 retaining wall and Easterly end of the Alaska Railroad's sheet piling retaining wall; thence
 continuing Westerly along the face of the Alaska Railroad's sheet pile retaining wall to its
  end; thence continuing Westerly along the meanders of the South bank of the Tanana River 75
  feet; thence South, approximately 30 feet to a point located 25 feet Westerly of the centerline
 of the Railroad Spur Track known as the Waterfront Track; thence Southerly along a line that
 is 25 feet Westerly of and parallel to the centerline of said Waterfront Track to intersection of
 said line with the intersection of the Southerly lease boundary line extended of the Standard
 Oil Co. of California Alaska Railroad Lease Contract No. 14-25-0003-3128; thence north 89
 degrees 23 minutes east, approximately 32 feet to the Southwesterly corner of said Standard
 Oil Co. of California lease; thence along the South boundary of Standard Oil Co. of California
 lease north 89 degrees 23 minutes east, 78.7 feet to the Southeasterly corner of said lease;
 thence Northeasterly along a curve to the right along the Southeasterly boundary line of said
 Standard Oil Co. of California lease to the most Easterly corner of said Standard Oil Co. of
 California lease, which corner measures 23 feet from the centerline of the Alaska Railroad's
 Mainline Track when measured at right angles to the track; thence Northeasterly on a line that
 is 23 feet Northerly of and parallel to the centerline of the Alaska Railroad's Mainline Track
 approximately 1,530 feet to the intersection of said line with the Westerly right-of-way of "B"
 Street of Nenana Townsite extended; thence North along a line which is the Westerly right-of-
 way line of said "B" Street extended to a point on the South boundary of the Alaska Railroad
 Lease Contract No. 69-25-0003-5062 with J.B. Coghill; thence Easterly along the South
 boundary of said J.B. Coghill lease to its Southeasterly corner; thence Northeasterly 392.4
 feet more or less to a point 25 feet Northerly of the centerline of the Alaska Railroad's
 Mainline Track at Station 19510 + 86.4; thence Easterly along a line that is 25 feet Northerly
 of and parallel to the centerline of the Alaska Railroad's Mainline Track approximately 900
 feet to a point on the East property line of Lot 7, Block 53 of the Nenana Townsite; thence
 North along the East property lines of Lots 7 and 8, Block 53 of the Nenana Townsite to the
 Northeasterly corner of said Lot 8 and the Southerly boundary of the Railroad Reserve as
 shown on the plat of the Nenana Townsite approved February 3, 1917; thence Northeasterly
 along the Southerly boundary of said Railroad Reserve approximately 272.25 feet to a point
 on the Easterly boundary of said Nenana Townsite as shown on the plat of the Nenana
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 Townsite approved February 3, 1917; thence North along the Easterly boundary of said
 Nenana Townsite 149.86 feet to M.C.l and the point of beginning.
                (2) Commencing at the Southeast corner of Lot 5, Block 53 Nenana Townsite
 as shown on the plat of the Nenana Townsite approved February 3, 1917; thence Westerly
 along the Northerly right-of-way line of Front Street as shown on the aforesaid plat 940 feet;
 thence North to a point 45 feet Southerly of the centerline of the Alaska Railroad's Mainline
 Track; thence Easterly along a line that is 45 feet Southerly of and parallel to the centerline of
 the Alaska Railroad's Mainline Track approximately 950 feet to a point on the Westerly right-
 of-way line of the 20 foot north-south alley in Block 53 of the Nenana Townsite which point
 is 45 feet from the centerline of the Railroad's Mainline Track when measured at right angles
 from the track; thence South along said West alley right-of-way line to the Southeast corner of
 said Lot 5, Block 53 and point of beginning.
                (3) Commencing at corner W.C.M.C.l of U.S.S, 1138; thence West 400 feet
 more or less to a point on the Easterly right-of-way line of the State of Alaska Parks Highway
 as granted by the Alaska Railroad Permit No. 14-25-0003-2907; thence Southeasterly along
 said Easterly right-of-way line to the point of intersection of said right-of-way line with East
 boundary line of U.S.S. 1138; thence North along the East boundary line of U.S.S. 1138 to
 corner W.C.M.C.l and the point of beginning.
                (4) Commencing at a point on the South boundary of the Standard Oil Co. of
 California Alaska Railroad Lease Contract No. 14-25-0003-3128 said point being 50 feet
 from the centerline of the Alaska Railroad's Mainline Track when measured at right angles to
 said track; thence Southerly along a line that is 50 feet Westerly of and parallel to the
 centerline of the Alaska Railroad's Mainline Track approximately 750 feet to a point opposite
 of Alaska Railroad Mainline Track Station 19479 + 39.7; thence continuing Southwesterly in
 a curve to right along a line that is 50 feet Westerly and Northerly of the centerline of the
 Alaska Railroad's wye track to the point of tangent of said wye track; thence Southwesterly
 along a line that is 50 feet Northerly of and parallel to the centerline of said wye track 508.5
 feet to its end; thence continuing Westerly along a line that is 50 feet Northerly of and parallel
 to the centerline of said wye extended approximately 300 feet to a point on East meanderline
 of the Nenana River; thence Northerly along the East meanderline of the Nenana River
 approximately 1,700 feet to the intersection of said meanderline with the South meanderline
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 of the Tanana River; thence Easterly along the Southerly meanderline of the Tanana River to
 a point 75 feet West of the West end of the Alaska Railroad's sheet pile bulkhead; thence
 South 30 feet to a point which point is located 25 feet from the centerline of the Railroad's
 Waterfront Track when measured at right angles to said track; thence Southerly along a line
 that is 25 feet Westerly of and parallel to the centerline of said Waterfront Tracks to its point
 of intersection with the South boundary of the Standard Oil Co. of California Lease Contract
 No. 14-25-0003-3128 extended; thence N 89 degrees 23 minutes east, to the point of
 beginning on the South boundary of said Standard Oil Co. of California Lease said point
 being 50 feet from the centerline of the Alaska Railroad's Mainline Track when measured at
 right angles.
                 (5) All that portion of U.S.S. No. 1138 Southerly of a line 100 feet South of
 and parallel to the section line common to aforesaid Sections 14 and 23 and Westerly of a line
 located 100 feet Westerly of the centerline of the Alaska Railroad's Mainline Track.
          Excepting, however, there shall be reserved to the Alaska Railroad a track right-of-
 way 100 feet each side of the centerline for future construction of a mainline track to serve the
 area West of the Nenana River.
                 (6) Lots 4 and 5, Block 11 and Lots 23 and 24, Block 12 of the Nenana
 Townsite according to the plat of said Nenana Townsite approved February 3, 1917.
          (b) In consideration for the conveyance authorized in (a) of this section, the Alaska
 Railroad Corporation may accept cash equivalent to the fair market value of the land being
 conveyed.
          (c) This section constitutes legislative approval under AS 42.40.285(1) for the Alaska
 Railroad Corporation to convey its entire interest in the land described in (a) of this section.
  * Sec. 2. This Act takes effect immediately under AS 01.10.070(c).
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