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HomeMy WebLinkAboutSigned Resolution No. 2020-3INSIDE PASSAGE ELECTRIC COOPERATIVE RESOLUTION NO. 2020-3 INSIDE PASSAGE ELECTRIC COOPERATIVE, INC. September 23, 2020 ENTITLED: AUTHORIZING THE CEO/GENERAL MANAGER TO APPLY FOR GRANT FUNDING FOR WATER SUPPLY CREEK HYDRO FINAL DESIGN WHEREAS, Inside Passage Electric Cooperative ("IPEC"), the City of Hoonah, and the Hoonah Indian Association (EIIA) support additional hydroelectric power in addition to the existing Gartina Falls Hydro project to provide for reduced electric rates, reduced carbon emissions, and rate stability for IPEC's member -consumers; and WHEREAS, the construction of the Gartina Falls Hydroelectric project in 2015 has reduced diesel fuel consumption with clean, renewable energy at reduced electric rates for IPEC's member -consumers; and WHEREAS, grant funding is limited from the State's Renewable Energy Fund in favor of lower cost projects including project final design; and WHEREAS, IPEC has already commissioned studies of the Water Supply Creek potential including reconnaissance, feasibility and conceptual design, bringing the project to the final design stage; and WHEREAS, HDR Engineering indicates that potential hydropower is available from Water Supply Creek and can use the same transmission line currently serving the Gartina Falls Hydroelectric project, which was completed and put online in August, 2015; and WHEREAS, the conclusions from the reconnaissance, and the feasibility/conceptual design studies of the Water Supply Creek Hydro project's potential indicate that the project can provide economic and environmental benefits to IPEC's member -consumers by reducing the portion of Hoonah's electric load served by fossil -fuel diesel generation by approximately 30%; and WHEREAS, the State Renewable Energy Fund has grant funding available for hydro project final design, and the next round of grants is due September 28, 2020; and WHEREAS, HDR-Alaska, the same firm that developed both the reconnaissance and feasibility/conceptual design studies has provided an estimate of costs to prepare the final design of the Water Supply Creek hydro project for an estimated cost of $461,474, following which the project will be advanced to "shovel -ready," NOW, THEREFORE, BE IT RESOLVED, that the IPEC Board of Directors authorizes the CEO/General Manager to apply for grant funding in the amount of $461,474 for the Water. Supply Creek Hydro final design with the goal of reducing electric rates and reducing carbon emissions to the environment. P.O. Box 210149 Auke Bay, Alaska 99821 (907) 789-3196 Fax (907) 790-8517 Inside Passage Electric Cooperative Resolution 2020-3 Authorization for CEO to Apply for State of Alaska Renewable Energy Grant Funds for Water Supply Creek —Hoonah final design September 23, 2020 PASSED, APPROVED AND ADOPTED by a vote of Yeas, Nays, and Absent this 23rd day of September, 2020. Larry Be President/Chair ATTEST: 4..t- 94�- Christopher Hotch, Secretary/Treasurer