Current through February 27, 2024
(a) A designated
and funded Alaska regional development organization shall develop and implement
a regional economic development strategy. The organization shall prepare, and
submit to the department, a completed strategy within 18 months after receipt
of funding. The organization shall coordinate the development and
implementation of the strategy with other local, state, federal, and private
development agencies and organizations. The strategy must contain the following
elements:
(1) fact-gathering, to assure that
the area understands the current development situation as a base upon which to
make decisions;
(2) identification
of potentials (such as resources or location) that can be the bases of economic
development;
(3) establishment of
goals and objectives to point out the direction of economic development
activities;
(4) production of a
strategy for local economic development which includes a work plan that
proposes the methods, resources, responsibilities, and schedules for
implementing the development strategy; and
(5) development of a set of community and
village economic profiles for every organized municipality in the region which
has agreed to participate in the organization.
(b) A designated and funded Alaska regional
development organization shall
(1) adopt the
strategy by formal action of the Alaska regional development organization's
board;
(2) submit a copy of the
strategy to the department; and
(3)
update the strategy every two years and resubmit it to the
department.
(c) A
designated and funded Alaska regional development organization shall implement
economic development activities in the region as detailed in its regional
development strategy, which might include
(1)
carrying out economic-development-related research, planning, implementation,
and advisory functions, and responding to information requests;
(2) coordinating the organization's
development activities with the development activities of local villages,
communities, other regions, and the private sector within the region as
appropriate;
(3) providing advice
and recommendations to the department on state plans, programs, and projects
that affect the region, or villages and municipalities in the region;
(4) coordinating those state economic or
business development projects or programs in the region which are considered
appropriate and important.
(d) A designated and funded Alaska regional
development organization shall carry out certain administrative activities,
including
(1) preparation of application
materials for funding the Alaska regional development organization;
(2) preparation of grant application
materials, and accepting grant offers, from state and federal agencies and
other sources, as appropriate;
(3)
arranging for the contribution of the required matching share of program
costs;
(4) receiving, and managing,
money from the department and other grant programs for the operation of the
Alaska regional development organization;
(5) complying with grant conditions and
terms, including financial management and work program requirements;
(6) keeping records, and preparing and
submitting reports as required by the Alaska regional development organization
grant;
(7) retaining professional
staff with appropriate economic development experience to carry out the
functions of the organization and the annual plan of work as specified in its
application and grant agreement; and
(8) maintaining an office with regular office
hours in a public location.
(e) The board of directors of a funded and
designated Alaska regional development organization shall adopt and enforce
policies to ensure that principal professional staff do not engage in or
solicit outside employment or render services for outside interests when such
employment, service, or interest creates a conflict with, impairs, or detracts
from the discharge of their duties to that Alaska regional development
organization.
Authority:AS
44.33.020
AS
44.33.026
