FY2010-14 Urging The Alaska Energy Authority And Alaska State Legislature To Award Grant Funding For Kodiak Electric Association's Terror Lake Unit 3 Hydroelectric Project1
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Nov
KODIAK ISLAND BOROUGH
RESOLUTION NO. FY 2010 -14
Introduced by: Manager Gifford
Requested by: J. Richcreek, KEA
Drafted by: J. Richcreek, KEA
Introduced on: 11/05/2009
Adopted on: 11/05/2009
A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
URGING THE ALASKA ENERGY AUTHORITY AND ALASKA STATE LEGISLATURE
TO AWARD GRANT FUNDING FOR KODIAK ELECTRIC ASSOCIATION'S
TERROR LAKE UNIT 3 HYDROELECTRIC PROJECT
WHEREAS, safe and reliable electric energy is an essential service for residents of the Kodiak
Island Borough; and
WHEREAS, unstable diesel fuel prices create volatile electric rates that hinder economic
development in the Kodiak region; and
WHEREAS, renewable energy provides a sustainable power supply and power cost stability;
and
WHEREAS, renewable power is crucial for the environmental health of Kodiak Island, the
WHEREAS, expanding the capacity of the Terror Lake Hydroelectric Facility will provide
electrical grid stability needed before additional renewable energy resources can be developed;
and
WHEREAS, the Terror Lake Unit 3 Hydroelectric Project is a technically and economically
feasible project that Kodiak Electric Association, Inc. is able to complete and operate for the
Tong -term benefit of the Kodiak community; and
WHEREAS, Kodiak Electric Association, Inc.'s Terror Lake Unit 3 Hydroelectric Project is in
need of capital project funding; and
WHEREAS, the State of Alaska is committed to supporting the development and enhancement
of its renewable power through the establishment of the Renewable Energy Grant Fund for the
benefit of all Alaskans; and
NOW, THEREFORE BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND
BOROUGH that the Alaska Energy Authority and the Alaska State Legislature are urged to fully
fund Kodiak Electric Association, Inc.'s grant request from the Renewable Energy Fund for the
Terror Lake Unit 3 Hydroelectric Project.
ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
THIS FIFTH DAY OF NOVEMBER, 2009
ATTEST:
M. Javier,
Kodiak Island Borough
Borough Clerk
KODIAK ISLAND BOROUGH
e'• me M. Selby, Boroug
Resolution No. FY2010 -14
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