Section 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.Eff. 9/20/2015, Register 215, October 2015Authority:AS 14.07.020
AS 14.07.060
AS 14.11.014
AS 14.11.132