Each and every contract for the sale, lease or grant of, and each deed to, city tidelands
and contiguous submerged land, properties or interest therein, made under the provisions
of parts 1 through 5 of this chapter, shall be subject to a reservation to the municipality
or to the state, whichever shall be entitled thereto, which shall be substantially
in the following form:
The party of the first part, Municipality of Anchorage, hereby expressly saves, excepts
and reserves out of the grant hereby made unto itself (or to the State of Alaska),
its lessees, successors and assigns forever, all oils, gases, coal, ores, minerals,
fissionable materials and fossils of every name, kind or description, and which may
be in or upon said lands above described, or any part thereof, and the right to explore
the same for such oils, gases, coal, ores, minerals, fissionable materials and fossils,
and it also hereby expressly saves and reserves out of the grant hereby made, unto
itself (or to the State of Alaska), its lessees, successors and assigns forever the
right to enter by itself, its or their agents, attorneys and servants upon said lands
or any part or parts thereof, at any and all times, for the purpose of opening, developing,
drilling and working mines or wells on these or other lands and taking out and removing
therefrom all such oils, gases, coal, ores, minerals, fissionable materials and fossils,
and to that end it further expressly reserves out of the grant hereby made, unto itself,
its lessees, successors and assigns forever, the right by its or their agents, servants
and attorneys at any and all times to erect, construct, maintain and use all such
buildings, machinery, roads, pipelines, power lines and railroads, sink such shafts,
drill such wells, remove such soil, and remain on said lands or any part thereof for
the foregoing purposes and to occupy as much of said lands as may be necessary or
convenient for such purposes, hereby expressly reserving to itself, its lessees, successors
and assigns, as aforesaid, generally all rights and power in, to and over said land,
whether herein expressed or not, reasonably necessary or convenient to render beneficial
and efficient the complete enjoyment of the property and rights hereby expressly reserved.