By The Associated Press Channel 2 News AP

8:52 a.m. AKDT, September 18, 2012
ANCHORAGE, Alaska—

Lt. Gov. Mead Treadwell has certified the results of the two ballot measures on last month's primary ballot.
   
Ballot Measure 2, which would have re-established a coastal management program in the state, was soundly defeated, but official election results show Ballot Measure 1 won by a slight edge.
   
The measure would make it legal for local governments to exempt the first $50,000 worth of a homeowner's property from taxes. Currently, local governments can exempt up to $20,000 of the value of owner-occupied housing from property taxes, with voter approval.
   
Treadwell certified the results Monday. An election official says any recount request received by the close of the week would be valid.
   
Official results, released Monday, show 61,804 votes in favor of Ballot Measure 1 and 61,495 against.