4 AAC 31.087 - Terms and conditions of office for members of bond reimbursement and grant review committee

(a) A person seeking appointment under AS 14.11.014(a)(1) - (3) to the committee may submit a resume and letter of interest to the commissioner.
(b) A term of office under AS 14.11.014(a)(1) - (3) for a member of the committee begins on March 1 and expires on the last day of February.
(c) Members of the committee appointed under AS 14.11.014(a)(1) - (3)
(1) shall serve overlapping four-year terms commencing on March 1 following the date of the member's appointment; and
(2) may serve not more than two consecutive terms.
(d) The commissioner's designee and the six committee members selected by the commissioner under AS 14.11.014(a)(1) - (3) serve at the pleasure of the commissioner notwithstanding a committee member's term of office under (c) this section.
(e) A vacancy on the committee occurring during a term of office is filled in the same manner as the original appointment and is filled for the balance of the unexpired term.
(f) Five members of the committee constitute a quorum for the transaction of business. The vote of a majority of the members present at a meeting of the committee at which a quorum is present is necessary for any action taken by the committee.
(g) A committee member serving under AS 14.11.014(a)(1) - (3) on September 20, 2015 may be appointed to a term of office established under this section. A committee appointment under AS 14.11.014(a)(1) - (3) in effect on September 20, 2015 continues until last day of following February. A term of office established under this section takes effect on March 1 following September 20, 2015. Members of the committee initially appointed under this section and AS 14.11.014(a)(1) - (3) will be appointed for the following terms:
(1) the longer-serving member in each category under AS 14.11.014(a)(1), (2), and (3) will be appointed for a three-year initial term;
(2) the other three members will be appointed for a one-year initial term.
(h) In this section, "committee" means the bond reimbursement and grant review committee established under AS 14.11.014.

Notes

4 AAC 31.087
Eff. 9/20/2015, Register 215, October 2015

Authority:AS 14.07.020

AS 14.07.060

AS 14.11.014

AS 14.11.132

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