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1998-05 $50K Grant to Alaska OceansA RESOLUTION APPROVING A FIFTY THOUSAND DOLLAR ($50,000) GRANT TO THE ALASKA OCEANS, SEAS, AND FISHERIES RESEARCH FOUNDATION WHEREAS, fisheries research is critical to the future health of the Kodiak Island fishing industry; and WHEREAS, the members of the fishing industry have joined together to form the Alaska Oceans, Seas, and Fisheries Research Foundation in order to pursue funding for additional research; and WHEREAS, the Kodiak Island Borough has a strong interest in the continued health of the fishing industry around Kodiak Island; and WHEREAS, the Kodiak Island Borough has funded fisheries projects in order to encourage the stability and growth of the Kodiak Island economy; and WHEREAS, there has been $50,000 carried in the Kodiak Island Borough budget for several years for fisheries development that resulted from the returned funds from the last large fisheries project funded by the Kodiak Island Borough; NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH that a grant of fifty thousand dollars ($50,000) is approved for the Alaska Oceans, Seas, and Fisheries Research Foundation for the purposes described in the attached proposal. ATTEST: ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS FIFTH DAY OF MARCH, 1998 onna F. Smith, CMC /AAE, Borough Clerk Kodiak Island Borough, Alaska KODIAK ISLAND BOROUGH RESOLUTION NO. 98 -05 Introduced by: Assembly Requested by: Alaska Oceans, Seas, and Fisheries Research Foundation Drafted by: Mayor Selby Introduced: 02/19/98 Postponed: 02/19/98 Public Hearing: 03/05/98 Adopted: 03/05/98 KODIAK ISLAND BOROUGH Gary L. Stevens, Presiding 0 ' I cer Resolution No. 98 -05 Page 1 of 1