Alaska § 14.11.135 - Definitions.

§ 14.11.135. Definitions.

In this chapter, unless the context requires otherwise,        (1) “approved school construction project” means the plan for a new school or an addition to or major rehabilitation of an existing school to the extent that the plan has been approved by the commissioner under AS 14.07.020 (a)(11);

 (2) “capital improvement project” or “project” means school construction or major maintenance;

 (3) “costs of school construction” means the cost of acquiring, constructing, enlarging, repairing, remodeling, equipping, or furnishing of public elementary and secondary schools that are owned or operated by the state, a municipality, or a district and includes the sum total of all costs of financing and carrying out the project; these include the costs of all necessary studies, surveys, plans and specifications, architectural, engineering, or other special services, acquisition of real property, site preparation and development, purchase, construction, reconstruction, and improvement of real property and the acquisition of machinery and equipment that may be necessary in connection with the project; an allocable portion of the administrative and operating expenses of the grantee; the cost of financing the project, including interest on bonds issued to finance the project; and the cost of other items, including indemnity and surety bonds and premiums on insurance, legal fees, fees and expenses of trustees, depositaries, financial advisors, and paying agents for the bonds issued as the issuer considers necessary;

 (4) “district” means the districts described in AS 14.12.010 ;

 (5) “grant” means a grant under this chapter for school construction or for major maintenance;

 (6) “major maintenance” means a project described in AS 14.11.013 (a)(1)(C), (D), or (E);

 (7) “school construction” means a project described in AS 14.11.013 (a)(1)(A), (B), (F), or (G).