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1984-06 Supporting The Submittal Of An EDA Grant Project Profile Application.KODIAK ISLAND BOROUGH RESOLUTION NO. 84 -6 -R A RESOLUTION OF THE KODIAK ISLAND BOROUGH SUPPORTING THE SUBMITTAL OF AN EDA GRANT PROJECT PROFILE APPLICATION. WHEREAS, The Kodiak Island Borough has very little land available for industrial development; and WHEREAS, both the Kodiak Island Borough and the Kodiak Chamber of Commerce have received numerous requests about the availability of industrial land; and WHEREAS The Kodiak Island Borough has designed an industrial park to be developed on property owned by the Borough; and WHEREAS, the Kodiak Island Borough intends to make this land avail- able for private development once the roadways and utilities are in place; and WHEREAS, the development of this industrial park area will provide short -term employment during the installation of the utilities and the road- ways; and WHEREAS, the development of this industrial park area will provide long -term employment and expand the industrial sector of the Kodiak economy; and WHEREAS, sufficient funds to construct the necessary public utili- ties and roadways to service this area are not currently available. NOW, THEREFORE, BE IT RESOLVED that the Kodiak Island Borough Assembly supports the submittal of an EDA grant project profile application for that portion of Peotter Drive and Selief Lane, identified on the attached map. This project will provide roadway access and utilities to approximately ten acres of industrial land. BE IT FURTHER RESOLVED that the Kodiak Island Borough Assembly will iprovide a match in the amount of $470,000, fifty percent (50 %) of the total project cost of $940,000. PASSED AND APPROVED THIS 5th day of Janu —�ary _, 1984. KODIAK ISLAND BOROUGH (ATTEST: