Governor signs bill creating endowment for veterans memorials

Posted: Wednesday, June 19, 2002

ANCHORAGE (AP) -- Gov. Tony Knowles signed a bill Tuesday that creates an endowment to repair and maintain veterans' memorials in Alaska.

The bill creates a joint state and private endowment to replace or renovate memorials. The endowment will be managed by the Alaska Veterans Advisory Committee.

About $125,000 in contributions has been raised from private sector partners for the endowment.

The bill also spends $125,000 in public money to match the private funds.

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