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HomeMy WebLinkAboutG_Draft Eklutna Grant Resolution WasteHeatNOTE: THIS RESOLUTION IS ON THE AGENDA FOR THE NEXT REGULAR MEETING OF THE EKLUTNA, INC. BOARD OF DIRECTORS IN SEPT. 2011. A SIGNED COPY OF THE RESOLUTION WILL BE PROVIDED TO AEA WHEN AVAILABLE Eklutna Incorporated Resolution 2011-## GRANT APPLICATION WHEREAS, the Board of Directors of Eklutna, Inc. desires assistance in funding the study of a waste heat recovery project to use waste heat from a thermal power plant Matanuska Electric Association, Inc. (MEA) is developing in Eklutna, Alaska; and WHEREAS, Eklutna, Inc. desires assistance in funding the study of a waste heat recovery project to use waste heat from a thermal power plant MEA is developing in Eklutna, Alaska; and WHEREAS, the Alaska Energy Authority (AEA) is accepting grant applications for the fiscal year 2013 funding round of the Renewable Energy Grant Program, due on August 26, 2011; and WHEREAS, Eklutna, Inc. qualifies to receive funding from the Grants. NOW THEREFORE, the Board of Directors of Eklutna, Inc. (the Board) agrees and affirms the following: 1. The Board commits to providing the matching resources for the project as specified in the grant application, and 2. The Board hereby authorizes any two Board members to sign the grant application, and to commit Eklutna, Inc. to the obligations under the grant, 3. The Board designates Curtis McQueen, CEO as the point of contact to represent Eklutna, Inc. for purposes of the grant application, 4. The Board certifies that Eklutna, Inc. is in compliance with applicable federal, state and local laws including existing credit and federal tax obligations. IT IS FURTHER RESOLVED, that this Resolution 2011-## is authorized and ADOPTED this ___ day of September, 2011, a vote ___ for, ___ against, and ___ absent/abstained by the Board of Directors at a Special Board Meeting. By:_____________________________ Dates: September ___, 2011 By:_____________________________ Dates: September ___, 2011 Page 1 of 1