
Grier Hopkins
11:10 - 12:35
"That language is currently in Senate Bill 2001 and has been agreed to between the Fairbanks North Star Borough and Glenfarm, the developer. We worked closely with them to come up with language that would not prohibit the project from moving forward, not create roadblocks, but at the same time be able to ensure that a spur line was going to get built."
“That language is currently in Senate Bill 2001 and has been agreed to between the Fairbanks North Star Borough and Glenfarm, the developer. We worked closely with them to come up with language that would not prohibit the project from moving forward, not create roadblocks, but at the same time be able to ensure that a spur line was going to get built.”
That language is currently in Senate Bill 2001 and has been agreed to between the Fairbanks North Star Borough and Glenfarm, the developer. We worked closely with them to come up with language that would not prohibit the project from moving forward, not create roadblocks, but at the same time be able to ensure that a spur line was going to get built. For the last 12 years, our entire community, whether they're down there in the halls of the legislature or here, uh, back home, has been terrified that if and when a gas line gets built, we would be left out in the cold without that spur line connecting us because of that distance between the main line and us. Um, so the language that we have was agreed to between the two, uh, entities, and what it does instead of building 2001 is create essentially a trigger that the developer of the gas line would not be able to get the AVT tax break that's in there without a spur line being permitted and moving forward in parallel and with the construction of the main line to be operational within 2 years after construction of the— operations of that line. So that trigger is essential to make sure the spur line gets built along with it.
Anchorage's mayor said LNG would cost "tens of millions." The Halcyon report shows $23M-$173M depending on housing supply. Her housing plan targets $23M.

Fairbanks North Star Borough secured developer agreement on spur line construction tied to tax breaks, with postage-stamp rate language now central to Senate Finance deliberations on SB 2001.
