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HomeMy WebLinkAboutRESOLUTION - MEA Match Committment Board ResolutionAMEA MATANUSKA ELECTRIC ASSOCIATION RESOLUTION NO. 2131 SUBJECT: APPROVAL OF RENEWABLE ENERGY FUND (REF) GRANT APPLICATION WHEREAS, Matanuska Electric Association (MEA) along with Homer Electric Association (HEA), Golden Valley Electric Association (GVEA) and Chugach Electric Association (CEA) are in agreement to move forward with Phase II of the Railbelt Wind Study; and WHEREAS, Phase 2 of the Railbelt Wind Study is to complete a Railbelt Wind Feasibility and Conceptual Design Project; and WHEREAS, MEA has budgeted up to $550,000 towards the Railbelt Wind Study for 2023; and WHEREAS, The Alaska Energy Authority has grant funds that can be used to complete Phase II of the Railbelt Wind Study through the Renewable Energy Fund. NOW THEREFORE BE IT RESOLVED that the Board of Directors of Matanuska Electric Association, Inc. authorizes the Chief Executive Officer to execute a grant application with Alaska Energy Authority for up to $1,833,330 from Round 15 of the Renewable Energy Fund to complete the Railbelt Wind Feasibility and Conceptual Design Project with a match commitment of up to $550,000. PASSED AND APPROVED by the Board of Directors of Matanuska Electric Association, Inc., this 12' day of December, 2022. BILL KENDIG PRESIDENT (SEAL) I_1 DAN TiUKER SECRE RY/TREASURER