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Draft resolution for the Alaska Emergency Employment Mobilization

January 20, 2016

REQUEST FOR STATE-LED FEDERAL MONETARY INFRASTRUCTURE BONDING, CREATION OF THE ALASKA INFRASTRUCTURE FUND, ALASKA SCIENCE AND ENGINEERING COMMISSION AND UAA PLASMA PHYSICS INSTITUTE.

WHEREAS the State of Alaska intends to participate in creating a national science, technology and infrastructure-led economic recovery.

WHEREAS the State of Alaska hopes to have a positive and productive relationship with the United States federal government.

WHEREAS the United States Federal Reserve and the United States federal government has failed to increase employment that allows for the income required for stable family formation.

WHEREAS financial investment into the physical production and the maintenance of infrastructure and productive capacity has been in decline for multiple decades in the United States.

WHEREAS the American Society of Civil Engineers has estimated that the United States requires a $3.6 trillion investment into infrastructure by the year 2020.

WHEREAS the local decision making process of prioritizing infrastructure, technology and productive capacity is generally superior to long distance decision-making.

WHEREAS the State of Alaska seeks to encourage other state governments to apply for state-led federal monetary infrastructure and productive capacity bonding, grants and share sales.

WHEREAS the State of Alaska has identified a natural gas pipeline and related gas conditioning and liquefaction plants and the Susitna Dams as Alaska’s top infrastructure priorities.

1. BE IT RESOLVED that the State of Alaska is requesting 5 billion dollars per year in state, municipal and port authority infrastructure and productive capacity zero-interest rate bonding, grants and the purchase of shares through a new discount window at the United States Federal Reserve.

2. BE IT RESOLVED that the State of Alaska shall begin the process of creating the Alaska Infrastructure Fund managed by the Alaska Permanent Fund and under the direction of Alaska’s Governor and the Alaska Legislature to leverage bond, grant and share packages and to facilitate the receipt of United States Federal government funding and grants and United States Federal Reserve bonding, grants and share buying.

3. BE IT RESOLVED that future Alaska Infrastructure Fund shares shall be sold to investors and offered to Alaskans at a discount through a checkbox on the Alaska Permanent Fund dividend application.

4. BE IT RESOLVED that all United States Federal Reserve bonding, grants and shares received or sold by or sold to the State of Alaska shall be leveraged with state government, corporations, municipalities, schools, collages, port authorities, private citizens or entrepreneurship and restricted to pipelines, industry, housing, hospitals, healthcare, education, libraries, agriculture, fishing, food production, electrical production and distribution, manufacturing, science, technology, engineering, productivity, efficiency, throughput, reliability, increasing energy-flux- density, processing, conditioning, repairing, constructing, planting, cleaning, transporting, shipping, trucking, railroads, highways, bridges, conveyor systems, dams, ports, water management, communications, testing, safety, tourism, recreation, entertainment, environmental enhancement, remediation and maintenance.

5. BE IT RESOLVED that the process shall proceed to recreate the Alaska Science and Engineering Commission to recommend science, technology, productive capacity and infrastructure priorities to the Alaska Infrastructure Fund, Alaska’s Governor and the Alaska Legislature.

6. BE IT RESOLVED that the University of Alaska Anchorage shall receive future funding for a plasma physics institute that has the priority of advancing heavy industrial plasma processing for our oil, gas, mining and manufacturing industries.

Charles Duncan

Hi I'm Charles E. Duncan. As the primary author of the legislation to create the Alaska State Bank as a development bank, I am using this page to promote the financial instruments in Alaska necessary to access the United States Treasury and Federal Reserve discount windows and special lending facilities.