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Board: Alaska Municipal Bond Bank Authority

Board identification number: 066

Department: REVENUE

Authority: AS 44.85.020; AS 39.50.200

Status: Active

Sunset date:

Requirements: Financial Disclosure

Prohibitions: None

Term: 4 years

Chair: Directors select.

Description: The board is comprised of 5 Directors: 3 appointed by the Governor, plus the Commissioners of the Department of Revenue and the Department of Community and Economic Development serve as ex-officio members with voting privileges; members elect chair; eligible for reappointment.

Function: Borrows money and issues bonds and notes to make capital funds available for borrowing by municipalities and in turn receives bonds and notes from Alaskan municipalities.

Special facts: Members serve at the pleasure of the Governor. The authority is a public corporation. 3 members constitute a quorum. Members are bonded. The authority reports to the Governor and Legislature.

Compensation: Standard Travel and Per Diem Compensated for actual expenses incurred.

Meetings: Quarterly at minimum. Historically the Board has met as few as four times a year and as many as 9; usually 2-3 hours per meeting.

For further information and to reach individual members, contact:
Ryan Williams
Executive Director

AMBBA, P.O. Box 110405
Juneau, AK 99811-0405
Phone: (907) 465-2893
Fax: (907) 465-2902

Board Roster