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HomeMy WebLinkAboutSutton-Glennallen Legislative Corresponce 1995ALASKA INDUSTRIAL DEVELOPMENT > 4 AND EXPORT AUTHORITY /= ALASKA @m _=ENERGY AUTHORITY Ee 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 November 9, 1995 The Honorable Senator Bert Sharp Alaska State Legislature 119 N. Cushman Street, Suite 201 Fairbanks, AK 99701 Dear Se rp: Enclosed is the CH2M Hill study on the proposed Sutton-Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton- Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. | would like to meet with you in the next few weeks to discuss questions you may have on the report, power issues and other activities of the Alaska Industrial Development and Export Authority. Please give me a call to set up a meeting when it is convenient for you. Sincerely, (oe R. Snell Executive Director attachment cc: Commissioner Mike Irwin ALASKA INDUSTRIAL DEVELOPMENT * AND EXPORT AUTHORITY = ALASKA @@— ENERGY AUTHORITY ee 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 November 9, 1995 The Honorable Representative Gail Phillips Speaker of the House 716 W. 4th, Ste. 520 Anchorage, AK 99501-2133 RE: Sutton-Glennallen Intertie Update Dear Representative Phillips: Enclosed is the CH2M Hill study on the proposed Sutton-Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton- Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. If | can provide additional information, please do not hesitate to contact me. Sincerely, (Cul R. Snell Executive Director attachment cc: Commissioner Mike Irwin : ALASKA INDUSTRIAL DEVELOPMENT > AND EXPORT AUTHORITY = ALASKA @@e_ ENERGY AUTHORITY 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 November 9, 1995 The Honorable Senator Drue Pearce Senate President 716 W. 4th, Ste. 500 Anchorage, AK 99501-2133 RE: Sutton-Glennallen Intertie Update Dear Senator Pearce: Enclosed is the CH2M Hill study on the proposed Sutton-Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton- Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. If | can provide additional information, please do not hesitate to contact me. Sincerely, iam R. Executive Director attachment cc: Commissioner Mike Irwin ALASKA INDUSTRIAL DEVELOPMENT =_~ > ¢ AND EXPORT AUTHORITY / => ALASKA im ENERGY AUTHORITY 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 November 9, 1995 The Honorable Representative Gene Kubina P.O. Box 2463 Valdez, AK 99686 RE: Sutton-Glennallen Intertie Update Dear Representative Kubina: Enclosed is the CH2M Hill study on the proposed Sutton-Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton- Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. If | can provide additional information, please do not hesitate to contact me. Sincerely, ili Executive Director attachment cc: Commissioner Mike Irwin @@E— ENERGY AUTHORITY . ALASKA INDUSTRIAL DEVELOPMENT * AND EXPORT AUTHORITY = ALASKA 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 November 9, 1995 The Honorable Representative Mark Hanley 716 W. 4th, Suite 300 Anchorage, AK 99501-2133 RE: Sutton-Glennallen |atertie Update Dear Representative Hanley: Enclosed is the CH2M Hill study on the proposed Sutton-Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton- Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. If | can provide additional information, please do not hesitate to contact me. Sincerely, Executive Director attachment cc: Commissioner Mike Irwin ALASKA INDUSTRIAL DEVELOPMENT * AND EXPORT AUTHORITY =_ ALASKA @m™ =ENERGY AUTHORITY 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 November 9, 1995 The Honorable Senator Lyda Green 185 East Parks Hwy., Ste. 106 Wasilla, AK 99654-7035 RE: Sutton-Glennallen Intertie Update Dear Senator Green: Enclosed is the CH2M Hill study on the proposed Sutton-Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton- Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. If | can provide additional information, please do not hesitate to contact me. Sincerely, William R. Snel Executive Director attachment cc: Commissioner Mike Irwin . ALASKA INDUSTRIAL DEVELOPMENT > AND EXPORT AUTHORITY /= ALASKA @@m— ENERGY AUTHORITY 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 November 9, 1995 The Honorable Representative David Finkelstein 716 W. 4th Ave., Suite 240-A Anchorage, AK 99501-2133 RE: Sutton-Glennallen Intertie Update Dear Representative Finkelstein: Enclosed is the CH2M Hill study on the proposed Sutton-Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton- Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. If | can provide additional information, please do not hesitate to contact me. Sincerely, wy R. Snell Executive Director attachment cc: Commissioner Mike Irwin ee ALASKA INDUSTRIAL DEVELOPMENT * AND EXPORT AUTHORITY =_ ALASKA @@m™ ENERGY AUTHORITY 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 November 9, 1995 The Honorable Representative Kay Brown 716 W. 4th Avenue, Suite 420 Anchorage, AK 99501-2133 RE: Sutton-Glennallen Intertie Update Dear Representative Brown: Enclosed is the CH2M Hill study on the proposed Sutton-Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton- Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. If | can provide additional information, please do not hesitate to contact me. Sincerely, ifiam R- Snel Executive Director attachment cc: Commissioner Mike Irwin - ALASKA INDUSTRIAL DEVELOPMENT a.” > AND EXPORT AUTHORITY => ALASKA @@E™ ENERGY AUTHORITY 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 November 9, 1995 Mr. Eric Meyer Exxon Valdez Trustees Council 2834 Knik Anchorage, AK 99516 RE: Sutton-Glennallen Intertie Update Dear Mr. Meyer: As requested, enclosed is the CH2M Hill study on the proposed Sutton- Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton-Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. Thank you for your interest. Sincerely, eo illiam R. Snell Executive Director attachment cc: Commissioner Mike Irwin ALASKA INDUSTRIAL DEVELOPMENT * AND EXPORT AUTHORITY /= ALASKA @@E_ ENERGY AUTHORITY 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 November 9, 1995 Ms. Nancy Bertels Librarian Matanuska-Susitna Borough P.O. Box 266 Sutton, AK 99674-0266 RE: Sutton-Glennallen Intertie Update Dear Ms. Bertels: As requested, enclosed is the CH2M Hill study on the proposed Sutton- Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton-Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. Thank you for your interest. Sincerely, Ue fod William R. Snell Executive Director attachment cc: Commissioner Mike Irwin ALASKA INDUSTRIAL DEVELOPMENT * AND EXPORT AUTHORITY = ALASKA @@E— ENERGY AUTHORITY 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 November 9, 1995 Mr. David G. VanCleve Chickaloon Community Council P.O. Box 1145 Chickaloon, AK 99674 RE: Sutton-Glennallen Intertie Update Dear Mr. VanCleve: As requested, enclosed is the CH2M Hill study on the proposed Sutton- Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton-Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. Thank you for your interest. Sincerely, illiam R. Snell Executive Director attachment cc: Commissioner Mike Irwin ALASKA INDUSTRIAL DEVELOPMENT > 4 AND EXPORT AUTHORITY {= ALASKA @@m_ =ENERGY AUTHORITY 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 November 9, 1995 Ms. Katherine E. Wright Secretary Glacier View Community Council HCO03 Box 8496 Palmer, AK 99645 RE: Sutton-Glennallen Intertie Update Dear Ms. Wright: As requested, enclosed is the CH2M Hill study on the proposed Sutton- Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton-Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. Thank you for your interest. Sincerely, Undenl! illiam R. Snell Executive Director attachment cc: Commissioner Mike Irwin = ALASKA INDUSTRIAL DEVELOPMENT » 4 AND EXPORT AUTHORITY /= ALASKA @™ ENERGY AUTHORITY 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 November 9, 1995 Mr. Warren J. Keogh P.O. Box 1166 Chickaloon, AK 99674 RE: Sutton-Glennallen Intertie Update Dear Mr. Keogh: As requested, enclosed is the CH2M Hill study on the proposed Sutton- Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton-Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. Thank you for your interest. Sincerely, iltaty R. Snell Executive Director attachment cc: Commissioner Mike Irwin sie de ALASKA INDUSTRIAL DEVELOPMENT 3 x AND EXPORT AUTHORITY {= ALASKA @@™_ ENERGY AUTHORITY 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 Not: UN! Not Be made a November 9, 1995 Orkt | ‘30pe~ fe Beg Mr. Norm Ingram Alyeska Pipeline Service Company 1835 South Bragaw Street Anchorage, AK 99512 DELIVERED VIA COURIER RE: Sutton-Glennallen Intertie Update Dear Mr. Ingram: Enclosed is the CH2M Hill study on the proposed Sutton-Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton- Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. Sincerely, William R. Snell Executive Director attachment cc: Commissioner Mike Irwin : ALASKA INDUSTRIAL DEVELOPMENT 4 > 4 AND EXPORT AUTHORITY f= ALASKA @@m ENERGY AUTHORITY 480 WEST TUDOR ANCHORAGE, ALASKA 99503 907 / 561-8050 FAX 907 /561-8998 “Cull not be made public On| (:30 November 9, 1995 Bitten fe Mr. Steve Lewis, CEO Petro Star Inc. 201 Arctic Slope Ave., Ste. 200 Anchorage, AK 99518-3030 DELIVERED VIA COURIER RE: Sutton-Glennallen Intertie Update Dear Steve: Enclosed is the CH2M Hill study on the proposed Sutton-Glennallen Intertie which was released to the public today. Also attached is a report of the Sutton- Glennallen Intertie Working Group, which provides a summary of the report and a recommendation on how to proceed with the project in accordance with state law. Sincerely, illiam R. Snel Executive Director attachment cc: Commissioner Mike Irwin € ot ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY 480 WEST TUDOR * ANCHORAGE, ALASKA 99503-6690 + (907) 561-8050 » FAX (907) 561-8998 fox Ly, Ly March 2, 1994 The Honorable Senator Georgianna Lincoln Alaska State Legislature State Capitol Juneau, AK 99801-1182 Dear Senator Lincoln: This letter is in answer to your request for information regarding construction of the proposed Sutton-Glennallen Intertie which received a $35,000,000 appropriation under Chapter 19, SLA 1993. Specifically, you asked the roles of the Department of Community and Regional Affairs (DCRA) and the Alaska Industrial Development and Export Authority (AIDEA) in the project; if any further legislation is required; if the appropriated funds could be used for an alternative power project or route; and the project schedule. PROJECT PARTICIPANTS/ROLES Under Chapter 19, SLA 1993, the appropriation of the funds was made to the DCRA. DCRA will act as manager of the project undertaking the project feasibility plan. AIDEA will conduct a due diligence financial feasibility plan for the project and essentially, the role of the Authority will be that of a banker. Due diligence on the project includes a finance plan, analysis of financial feasibility, debt structure and issuance of bonds, and analysis of the creditworthiness of the participating utility. Should there be a finding of project financial feasibility, AIDEA/AEA may issue conduit financing backed by a Power Sales Agreement (PSA) with the Copper Valley Electric Association. LEGISLATION No additional legislation is required to construct the Sutton- Glennallen Intertie. AIDEA 51 © e ALTERNATIVE PROJECTS The R.W. Beck Study project feasibility study conducted for the DCRA provided information on alternative projects to the Sutton-Glennallen Intertie. The funding appropriated under Chapter 19, SLA 1993 could not be used to fund the alternative projects, in our opinion, without modifications to the existing enabling legislation. PROJECT SCHEDULE AIDEA can not advance into the financial feasibility state of the proposed project until the R.W. Beck project feasibility study is approved by the DCRA. Once approved, AIDEA is prepared to complete the financial feasibility study within 4 months. If you have any questions regarding this letter, please do not hesitate to contact me. Sincerely, Executive Director WRS:KO AIDEA 52