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1990-06 Urging the Legislature to Fund an Oil Spill Impacted Raw Fish Tax Program.By: Mayor Selby Lonnie White Introduced: 01/04/90 Adopted: 01/04/90 KODIAK ISLAND BOROUGH RESOLUTION NO. 90-06 A RESOLUTION URGING THE LEGISLATURE TO FUND AN OIL SPILL IMPACTED RAW FISH TAX PROGRAM WHEREAS, under the provision of AS 43.75.130, the Kodiak Island Borough and several of the cities within the borough annually receive a significant return of raw fish tax revenues; and WHEREAS, the amount of these revenues, as provided in the statute, is based on the actual raw fish taxes collected from local processors; and WHEREAS, the Exxon Valdez oil spill prevented most of the Kodiak Island Borough salmon season from opening; and WHEREAS, the Alaska Department of Fish and Game has confirmed that the return of salmon and herring would have provided a Kodiak Island catch in excess of $100 million if there had been no oil spill; and WHEREAS, this catch would have provided in excess of $1,500,000 of fish tax to Kodiak Island communities; and WHEREAS, communities throughout the spill area were affected in a similar manner; and WHEREAS, the resulting shortfall of raw fish tax funds to the cities and boroughs in the oil spill impact area will be devastating to the operating revenue of these communities; and WHEREAS, the amount of shortfall is in the range of 2.5 Rasalution No. 90-06 Page 1 of 2 to 3 full mills of property tax assessment to the people of the Kodiak Island Borough; and WHEREAS, funds should be recoverable by the State of Alaska from Exxon through claims or legal action to cover the cost of this program; and WHEREAS, the State of Alaska can relieve these financially and economically hard-hit communities of the burden of possibly waiting several years to receive these funds; NOW, THEREFORE, BE IT RESOLVED that the Kodiak Island Borough Assembly urges the Alaska Legislature to fund an oil spill impacted raw fish tax program which would provide funds to each community equal to the raw fish tax which would have been received if the oil spill had not occurred and that the state then recover these funds from Exxon through claims or legal action; and BE IT FURTHER RESOLVED that should Exxon decide to fund these shortfalls to each community after the Legislature has acted, these funds would be returned to the State of Alaska. PASSED AND APPROVED THIS 4th DAY OF JANUARY, 1990. ATTEST,: Bor h Cler KODIAK ISLAND BOROUGH ough Mayor' Gt/.4 Ptdsiding Officer Resolution No. 90-06 Page 2 of 2