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HomeMy WebLinkAbout3.0 HEA Board Resolution 45201532Corporate Office Central Peninsula Service Center 3977 Lake Street 280 Airport Way Homer, Alaska 99603-7680 Kenai, Alaska 99611-5280 Phone (907) 235-8551 Phone (907) 283-5831 FAX (907) 235-3313 FAX (907) 283-7122 RESOLUTION 45.2015.32 GRANT FUNDING AUTHORIZATION FOR THE GRANT LAKE HYDROELECTRIC PROJECT WHEREAS, the Board of Directors of Homer Electric Association, Inc. (HEA) wishes to complete the final design and permitting (Phase III) of the Small Scale Hydro Project at Grant Lake. NOW THEREFORE; BE IT RESOLVED, that Homer Electric Association, Inc. (HEA) Board of Directors hereby authorizes the General Manager to proceed on behalf of Kenai Hydro, LLC with the Alaska Energy Authority’s Renewable Energy Fund Round IX grant application process and pledges grant matching funds in the not to exceed amount of $725,528 and an additional in-kind labor match of $150,000. CERTIFICATION I, David B. Thomas, do hereby certify that I am the Secretary of Homer Electric Association, Inc., and that the foregoing resolution was adopted at a meeting of the Directors of Homer Electric Association, Inc. held on September 8, 2015, at which meeting a quorum was present. David B. Thomas, Secretary