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HomeMy WebLinkAboutKotzebue Electric Resolution 1299 AEA REF13KOTZEBUE ELECTRIC ASSOCIATION INC. October 9, 2020 BOARD RESOLUTION 41299 REQUESTING AUTHORIZATION TO APPLY FO FUNDING THROUGH THE ALASKA RENEWABLE ENERGY FUND (REF) ROUND 13 WHEREAS: Kotzebue Electric Association, Inc. (YEA) is a non-profit corporation in standing with the State of Alaska, all of it lenders, and has met any and all of its tax obligation, and WHEREAS: It is the desire of KEA to seek funding for support of renewable and other projects that lead to reduction of diesel fuel usage such as wind, solar, storage, storage, geothermal and other projects, and WHEREAS: KEA has set a goal of producing 50% of it electrical energy from renewable resources by 2025, and WHEREAS: Increased fuel costs and environmental regulation issues have created dramatic cost increase for the utility that have significantly contributed to the electric rates for our members, and WHEREAS: The addition ow wind power, solar power, energy storage and power plant upgrades are needed to achieve the goal of 50% renewable energy, and WHEREAS: KEA commits to provide a $75,000 cash match and $25,000 in -kind match, to accomplish the work, and THEREFORE BE IT RESOLVED: That Kotzebue Electric Association, Inc. Board of Directors hereby authorizes the corporation to apply of funds from the Alaska Energy Authority Renewable Energy Fund, and also authorizes General Manager/CEO Martin Shroyer and or his designee to represent KEA for the purpose of applying for for funds from the Alaska Energy Authority Renewable Energy Fund for the final design and permitting of a Community -scale Battery Energy Storage System (BESS). Respectfully Submitted (SEAL) I, Pierre Lonewolf, Secretary, of Kotzebue Electric Association, Inc. do hereby certify that the above is true and correct from a vote of the Board of Directors of the Kotzebue Electric Association, Inc., held the 91 day of October, 2020.