HomeMy WebLinkAboutAEA Grant Stetson Creek Resolution - SignedCHUGA�C"a
Ub 09 Re
RESOLUTION
WHEREAS, Chugach Electric Association, Inc. (Chugach) has been evaluating the construction of a
project to divert water from Stetson Creek into the Cooper Lake reservoir and a related structure to
release water into Cooper Creek as part of the relicensing of the Cooper Lake hydroelectric facility;
and
WHEREAS, the new license requires Chugach to construct this project if it can be done at a cost of
$12.5 million (2009 dollars) or less; and
WHEREAS, the current estimate to construct this project is up to $24 million (2009 dollars); and
WHEREAS, Chugach may not construct this project unless grants offset the cost of the project so
that the amount to be paid by Chugach members is $12.5 million or less, and
WHEREAS, the project will provide additional hydroelectric energy and improve fish habitat; and
WHEREAS, hydroelectric energy is renewable energy, and
WHEREAS, the Alaska Energy Authority is currently soliciting Renewable Energy Fund Grant
Applications, and
WHEREAS, the grant application must include a governing body resolution supporting the grant
application and ensuring compliance with applicable laws.
NOW THEREFORE, BE IT RESOLVED, Chugach shall submit an Alaska Energy Authority
Renewable Energy Grant Application to apply towards the costs of the Stetson Creek diversion
project.
BE IT FURTHER RESOLVED, Bradley W. Evans, Chief Executive Officer, is authorized to commit
Chugach to any obligations under the grant.
BE IT FURTHER RESOLVED, Ronald K. Vecera, Director of Project Development, is designated
as the point of contact to represent Chugach for purposes of this grant application.
BE IT FURTHER RESOLVED, Chugach is in compliance with applicable federal, state and local
laws including existing credit and federal tax obligations.
CERTIFICATION
I, Elizabeth Kennedy, do hereby certify that I am the Secretary of Chugach Electric Association, Inc., an electric non-profit
cooperative membership corporation organized and existing under the laws of the State of Alaska: that the foregoing is a complete
and correct copy of a resolution adopted at a meeting of the Board of Directors of this corporation, duly and properly called and held
on the 25� day of Auoust , 2010; that a quorum was present at the meeting; that the resolution is set forth in the minutes of the
meeting and has not been rescinded or modified.
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the seal of this corporation the 2e day of Auoust ,
2010.
(Seal)
P /
Secr adri �� I