FY2012-22 Alaska Clean Water Fund for Landfill Lateral Expansion 1 Introduced by: Borough Manager
2 Requested by: Engineering /Facilities Director
3 Drafted by: Special Projects
• 4 Introduced on: 02/02/2012
Adopted on: 02/02/2012
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7 KODIAK ISLAND BOROUGH
8 RESOLUTION NO. FY2012 -22
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10 A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY
11 AMENDING RESOLUTION FY2006 -16 TO AUTHORIZE THE KODIAK ISLAND BOROUGH
12 TO SUBMIT AN APPLICATION FOR AN INCREASE IN THE AMOUNT OF A LOAN FROM
13 THE ALASKA CLEAN WATER FUND FOR THE LANDFILL LATERAL EXPANSION
14 PROJECT, PHASE I AND II.
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16 WHEREAS, the Kodiak Island Borough seeks to obtain the necessary financial assistance
17 to construct a landfill expansion with on -site leachate treatment; and
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19 WHEREAS, regulations for the landfill expansion require lined cells and that the leachate
20 be captured and treated to meet certain Alaska Clean Water Act standards; and
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22 WHEREAS, the State of Alaska, Department of Environmental Conservation (the
23 Department) is able to offer funding through the Alaska Clean Water Fund; and
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25 WHEREAS, the Kodiak Island Borough has an existing loan from the Alaska Clean Water
26 Fund that can be amended; and
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28 WHEREAS, the Kodiak Island Borough wishes to apply for an amendment to loan no.
29 505041from the Alaska Clean Water Fund to increase the amount of the loan by $6,033,000
30 for up to 20 years at an interest rate of 1.5 %.
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32 NOW, THEREFORE BE IT RESOLVED, BY THE ASSEMBLY OF THE KODIAK ISLAND
33 BOROUGH THAT the Kodiak Island Borough is authorized to apply to the Department for a
34 loan amendment from the Alaska Clean Water Fund for the construction of the landfill
35 expansion and on -site leachate treatment facility.
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37 BE IT FURTHER RESOLVED that if the loan is approved by the Department, Rick Gifford,
38 Borough Manager, is authorized to execute any and all documents that may be required by
39 the Department to reflect the indebtedness, the terms of its repayment, and any security
40 therefore, including but not limited to an agreement for the loan and a promissory note.
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42 ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
43 THIS SECOND DAY OF FEBRUARY, 2012
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45 • KODIAK ISLAND BOROUGH
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47 I '
48 #7 aLasta
49 ATTEST: J:fis•me M. Selby, Borou•h u- •r
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52 IssiattA
53 No a M. Javier, y C, Borough Clerk
Kodiak Island Borough Resolution No. FY2012 -22
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