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FY2007-25 KEA's Pillar Mountain Wind ProjectA RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY URGING THE ALASKA STATE LEGISLATURE AND GOVERNOR TO SECURE GRANT FUNDING FOR KODIAK ELECTRIC ASSOCIATION'S PILLAR MOUNTAIN WIND PROJECT WHEREAS, safe, reliable electric energy is an essential service for every resident within the state; and WHEREAS, renewable power provides for sustainable future power and cost stability; and WHEREAS, renewable power is crucial for the environmental health of the state; and WHEREAS, renewable power projects are in need of capital project funding to move them to the forefront of future power generation; and WHEREAS, volatile electric rates have hindered the economic development of many areas of the state; and WHEREAS, the development of renewable energy projects in Alaska such as this promotes Alaska's position in the growing economic market of renewable energy by encouraging in -state expertise and experience in a field that promises long -term global growth; and WHEREAS, the State of Alaska has a need to support the development and enhancement of its renewable power to promote future expansions, for the benefit of all Alaskans; NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THAT the Governor and the Legislature are urged to support a grant for $5,000,000 to Kodiak Electric Association, Inc. for the Pillar Mountain Wind Project. ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS FIFTEENTH DAY OF FEBRUARY 2007 ATTEST: Nova `M. Javier, CMC, B Kodiak Island Borough, Alaska rough Clerk KODIAK ISLAND BOROUGH RESOLUTION NO. FY2007 -25 Introduced by: Manager Gifford Requested by: Kodiak Electric Drafted by: Kodiak Electric Introduced: 02/15/2007 Adopted: 02/15/2007 KODIAK ISLAND BOROUGH Resolution No. FY2007 -25 Page 1 of 1