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HomeMy WebLinkAboutBradley Lake PMC Meeting April 13, 1995 2480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 10. ll. 12. ALASKA INDUSTRIAL DEVELOPMENT > ¢ AND EXPORT AUTHORITY / = ALASKA @@ =ENERGY AUTHORITY FAX 907 /561-8998 BRADLEY LAKE PROJECT MANAGEMENT COMMITTEE MEETING AGENDA Thursday, April 13, 1995 - 10:00 A.M. Chugach Electric Association Offices 5601 Minnesota Drive Anchorage, Alaska 99503 CALL TO ORDER ROLL CALL PUBLIC COMMENT AGENDA COMMENTS APPROVAL OF MEETING MINUTES: _ - February 21, 1995 - March 28, 1995 BUDGET SUBCOMMITTEE REPORT OPERATION AND DISPATCH SUBCOMMITTEE REPORT INSURANCE SUBCOMMITTEE REPORT OLD BUSINESS A. Spinning Reserves Update B. Status Update of Agreements NEW BUSINESS A. Bradley Moose Mitigation B. Approval of Legal Expenses & other Expenses COMMITTEE COMMENTS A. Next Meeting Date ADJOURNMENT hzall\eva\bradley\blpme Story Lovas Sieczkowski McCrohan Lovas McCrohan Beardsley Bjornstad Story ANCHORAGE DAILY NEWS APRIL 7, 1995 Mitigation Obligati During the project application process, a mitigation plan was established for the Bradley Lake Hydroelectric Project which became a condition of the licensing. That mitigation plan involved efforts to alleviate the impacts to fisheries, waterfowl and moose habitats. Representatives of the Alaska Department of Fish and Game (ADF&G), the U.S. Fish and Wildlife Service (USF&WS), the Homer Fish and Game Advisory Board (Homer Advisory Board) and the Alaska Energy Authority (AEA) agreed to a moose mitigation concept which included the purchase of habitat lands and the establishment of an endowment to fund studies on moose habitat and to plan and undertake enhancement or preservation of moose habitat. AEA agreed to purchase habitat lands in the Fritz Creek area off East End Road as well as fund an endowment. Moose Habitat Purchases Prior to 1993, AEA either purchased or agreed to purchase or lease 593 acres of land adjacent to Fritz Creek. All purchase parcels, except for one belonging to an Alaska Native Allottee, have been acquired. The Bureau of Indian Affairs recently approved the transfer of that parcel which should be completed by May 31. Final lease documents are being negotiated with the Alaska Department of Natural Resources. The habitat lands are identified on the attached drawing and summary. Endowment AEA proposed an endowment of $50,000. The resource agencies, ADF&G and the USF&WS, advocated an endowment of $100,000, but the local Homer Advisory Board refuses to accept less than $150,000. All parties must agree on an endowment amount to resolve the mitigation effort. AEA has set aside $150,000 in the construction budget to fund the endowment. A second item related to the endowment was the obligation to prepare annual reports and make studies available. The conceptual agreement contemplated that the endowment would annually receive up to $2,500 for administrative expenses. Rather than being faced with an annual operating budget request, AEA has discussed the possibility of making a lump sum payment from construction funds in lieu of annual payments. The parties h:all\beardsle\moose009 Page 1 of 2 involved are amenable to such an approach. The cost is approximately $25,000. Organizational S Initially the endowment was proposed to operate in the form of a trust. After the AEA transition, the proposed trust was reviewed by staff and replaced with a non-profit corporation proposal. Because the proposed activities for the endowment involve improving moose habitat, which may include such activities as hydroaxing, controlled burn and other risky methods to prepare suitable habitat, staff proposed establishment of a corporation instead of a trust to insulate AEA and the project from those risks. All parties have agreed to the corporation approach, subject to approval by the Attorney General’s Office. Representatives from AEA, the ADF&G, and the Homer Advisory Board will serve as corporate members and officers. h:all\beardsle\moose009 Page 2 of 2