HomeMy WebLinkAboutClearwater Wind Farm ApplicationApplication Forms and Instructions
The following forms and instructions are provided to assist you in preparing your application for a
Renewable Energy Fund Grant. An electronic version of the Request for Applications (RFA) and
the forms are available online at: http://www.akenergyauthority.org/RE_Fund-III.html
Grant
Application
Form
GrantApp3.do
c
Application form in MS Word that includes an outline of
information required to submit a complete application.
Applicants should use the form to assure all information is
provided and attach additional information as required.
Application Cost
Worksheet
Costworksheet
3.doc
Summary of Cost information that should be addressed by
applicants in preparing their application.
Grant Budget
Form
GrantBudget3.
doc
A detailed grant budget that includes a breakdown of costs by
milestone and a summary of funds available and requested to
complete the work for which funds are being requested.
Grant Budget
Form
Instructions
GrantBudgetIn
structions3.pdf
Instructions for completing the above grant budget form.
If you are applying for grants for more than one project, provide separate application forms
for each project.
Multiple phases for the same project may be submitted as one application.
If you are applying for grant funding for more than one phase of a project, provide
milestones and grant budget for completion of each phase.
If some work has already been completed on your project and you are requesting funding
for an advanced phase, submit information sufficient to demonstrate that the preceding
phases are satisfied and funding for an advanced phase is warranted.
If you have additional information or reports you would like the Authority to consider in
reviewing your application, either provide an electronic version of the document with your
submission or reference a web link where it can be downloaded or reviewed.
REMINDER:
Alaska Energy Authority is subject to the Public Records Act AS 40.25, and materials
submitted to the Authority may be subject to disclosure requirements under the act if no
statutory exemptions apply.
All applications received will be posted on the Authority web site after final
recommendations are made to the legislature.
In accordance with 3 AAC 107.630 (b) Applicants may request trade secrets or proprietary
company data be kept confidential subject to review and approval by the Authority. If you
want information is to be kept confidential the applicant must:
o Request the information be kept confidential.
o Clearly identify the information that is the trade secret or proprietary in their
application.
o Receive concurrence from the Authority that the information will be kept
confidential. If the Authority determines it is not confidential it will be treated as a
public record in accordance with AS 40.25 or returned to the applicant upon
request.
SECTIO
N 1 –
APPLIC
ANT
INFOR
MATIO
N
Name
(Name of
utility, IPP,
or
government
entity
submitting
proposal)
C and L Ranch LLC
Type of
Entity:
LLC
Mailing
Address
Physical Address
11110 Jerome St.
Anchorage, AK 99516
Telephone
317-2471
Fax
NA
Email dcpilot33@yahoo.com
1.1
APPLICA
NT POINT
OF
CONTAC
T
Name
Dan Cook
Title Member, C and L Ranch LLC
Mailing
Address
11110 Jerome St.
Anchorage, AK 99516
Telephone
317-2471
Fax
Emaildcpilot33@yahoo.com
1.2
APPLICA
NT
MINIMUM
REQUIRE
MENTS
Please
check as
appropriat
e. If you
do not to
meet the
minimum
applicant
requireme
nts, your
applicatio
n will be
rejected.
1.2.1 As
an
Applicant,
we are:
(put an X
in the
appropriat
e box)
An electric utility holding a
certificate of public
convenience and necessity
under AS 42.05, or
An independent power
producer in accordance with 3
AAC 107.695 (a) (1), or
x
A local government, or
A governmental entity (which
includes tribal councils and
housing authorities);
Yes
or
No
1.2.2. Attached to this
application is formal
approval and
endorsement for its
project by its board of
directors, executive
management, or
other governing
authority. If the
applicant is a
collaborative
grouping, a formal
approval from each
participant’s
governing authority is
necessary. (Indicate
Yes or No in the box )
Yes
Yes
or
No
1.2.3. As an applicant, we
have administrative
and financial
management systems
and follow
procurement
standards that comply
with the standards set
forth in the grant
agreement.
Yes
Yes
or
No
1.2.4. If awarded the grant,
we can comply with
all terms and
conditions of the
attached grant form.
(Any exceptions
should be clearly
noted and submitted
with the application.)
Yes
Yes
or No
1.2.5 We intend to own and
operate any project
that may be
constructed with
grant funds for the
benefit of the general
public.
Yes
SECTION 2 – PROJECT SUMMARY
This is intended to be no more than a 1-2 page overview of your project.
2.1 Project Title – (Provide a 4 to 5 word title for your project)
Clearwater Wind Farm
2.2 Project Location –
Include the physical location of your project and name(s) of the community or communities that will benefit
from your project.
1 mile north of Nistler Rd. on Road HHH Delta Junction, Alaska
2.3
P
R
O
J
E
C
T
T
Y
P
E
Put
X in
box
es
as
app
ropr
iate
2.3.
1
Re
ne
wa
ble
Re
so
urc
e
Ty
pe
x Wind Biomass or Biofuels
Hydro, including run of river Transmission of Renewable Energy
Geothermal, including Heat Pumps Small Natural Gas
Heat Recovery from existing
sources
Hydrokinetic
Solar Storage of Renewable
Other (Describe)
2.3.
2
Pro
po
se
d
Gr
ant
Fu
nd
ed
Ph
ase
(s)
for
thi
s
Re
qu
est
(Ch
eck
all
tha
t
ap
ply
)
Reconnaissance x Design and Permitting
x Feasibility x Construction and Commissioning
x Conceptual Design
2.4 PROJECT DESCRIPTION
Provide a brief one paragraph description of your proposed project.
Clearwater Wind Farm is located 3 miles East of Delta Junction on Road HHH one mile North
of Nistler Rd. The farm will deliver 1.8 MW of clean renewable wind power to Golden
Valley Electric Association (GVEA) through the distribution grid.
2.5 PROJECT BENEFIT
Briefly discuss the financial and public benefits that will result from this
project, (such as reduced fuel costs, lower energy costs, etc.)
This project will deliver clean renewable energy directly into the
distribution line in Delta Junction. The energy will be produced
by a power source that will not go up in price or become scarce
over time. With the current lack of natural gas to produce
electricity on the rail belt new forms of energy are becoming
more important to keep the cost of electricity down.
This project will create new sources of income for farmers
through landowner royalties. These royalties are projected to
be $681,177 over 20 years. This will help preserve family farms
and the rural way of life. The amount of propert y needed for the
wind turbine is very small with a minimal loss of cropland and
a much needed increase in income by farming the wind. This
increased income will be used through out the community and
allow the farmers to have a better cash flow. Farmers
receiving higher profit margins benefit’s the whole community.
This project will show that having wind turbines on farmland is
very beneficial to the farmers and the community. This will help
wind developers and farmers see how to work together to bring
more wind farming to Delta Junction for every ones benefit.
This project will be a showcase and road map for local
landowners and wind developers to see the potential of wind
farms in Delta Junction and Alaska using the large efficient 1.8
MW wind turbines.
2.6 PROJECT BUDGET OVERVIEW
Briefly discuss the amount of funds needed, the anticipated sources of
funds, and the nature and source of other contributions to the project.
The cost of the overall project from reconnaissance to
completion is $4.5 million. This grant will pay for $2.0 million.
The project is eligible for funds from the American Recovery
and Reinvestment Act (Public Law 111-5) signed by President
Obama on February 17, 2009. This project qualifies for a
$750,000 monetary payment. This is a Section 1603 payment
which is calculated as 30% of the basis of the property and paid
by the United States Treasury. The balance of the funds
required will be $1.75 million. This money will come from a
Commercial Bank, Alaska Industrial Development and Export
Authority (AIDEA) or the investment of a third party using
the Minnesota Flip model commonly used by farmer owned
wind farms in the Midwest. John Deere Renewables is a
subsidiary of John Deere Tractor Company and has worked with
many wind farms through their Financial Department.
2.7 COST AND BENEFIT SUMARY
Include a summary of grant request and your project’s total costs and
benefits below.
Grant Costs
(Summary of funds requested)
2.7.1 Grant Funds Requested in this application. $2,000,000
2.7.2 Other Funds to be provided (Project match) $2,500,000
2.7.3 Total Grant Costs (sum of 2.7.1 and 2.7.2) $4,500,000
Project Costs & Benefits
(Summary of total project costs including work to date and future cost
estimates to get to a fully operational project)
$4,500,000
2.7.4 Total Project Cost (Summary from Cost Worksheet
including estimates through construction) $4,500,000
2.7.5 Estimated Direct Financial Benefit (Savings)
2.7.6 Other Public Benefit (If you can calculate the benefit in
terms of dollars please provide that number here and
explain how you calculated that number in your
application (Section 5.)
$255,241
SECTION 3 – PROJECT MANAGEMENT PLAN
Describe who will be responsible for managing the project and provide a plan for successfully
completing the project within the scope, schedule and budget proposed in the application.
3.1 Project Manager
Tell us who will be managing the project for the Grantee and include a resume and references
for the manager(s). If the applicant does not have a project manager indicate how you intend to
solicit project management support. If the applicant expects project management assistance
from AEA or another government entity, state that in this section.
Dan Cook
Type in your answer here and follow same format for rest of the application.
3.2 Project Schedule
Include a schedule for the proposed work that will be funded by this grant. (You may include a
chart or table attachment with a summary of dates below.)
Reconnaissance- Completed
Project Feasibility- Complete by 9-15-2010
Design and Permitting- Complete by 11-1-2010
Construction Period - 5-1-2011 to 7-1- 2011
Commission- 7-1-2011
3.3 Project Milestones
Define key tasks and decision points in your project and a schedule for achieving them. The
Milestones must also be included on your budget worksheet to demonstrate how you propose to
manage the project cash flow. (See Section 2 of the RFA or the Budget Form.)
Reconnaissance- Completed
Project Feasibility:
1. Resource Assessment and Production Report by AWS Truewind Completed by 9-1-2010
2. Identitification of land and regulatory issues-Completed
3. Permitting and environmental analysis-Completed
4. Assessment of Alternatives-Completed
5. Detailed economic and financial analysis-9-15-2010
6. Conceptual business and operations plan 9-15-2010
7. Complete Project Feasibility by 9-15-2010
Design and Permitting:
1. Project Scoping and contractor solicitation for planning and design 10-1-2010
2. Power Sales Agreement with GVEA 2- 1-2010
3. Permit Applications (as needed)
4. Final environmental and assessment mitigation (non required)
5. Resolution of land use, right of way issues (non required)
6. Final system design 11-1-2010
7. Engineering 11-1-2010
8. Updated economic and financial analysis 11-1-2010
9. Final business and operational plan 11-1-2010
Complete Design and Permitting by 11-1-2010
Construction:
1. Confirmation that all design and feasibility requirements are complete 11-1-2010
2. Completion of bid documents 11-5-2010
3. Contractor/vendor selection and award 12-15-2010
4. Wind Turbine Deposit 12-15-2010
5. Road and pad construction 5-15-2011
6. Wind Turbine Final Payment 5-15-2011
7. Transportation of Turbine components 6-1-2011
8. Electrical transmission line 6-15-2011
9. Foundation 6-15-2011
10. Erection of Turbine-Crane and Crew 7-1-2011
11. Turbine Electrical and interconnect to GVEA 7-1-2011
12. Commission 7-1-2011
3.4 Project Resources
Describe the personnel, contractors, equipment, and services you will use to accomplish the
project. Include any partnerships or commitments with other entities you have or anticipate will
be needed to complete your project. Describe any existing contracts and the selection process
you may use for major equipment purchases or contracts. Include brief resumes and references
for known, key personnel, contractors, and suppliers as an attachment to your application.
Vestas, Golden Valley Electric Authority, AWS Truewind, John Deere Renewables, Knik
Construction, Delta Concrete, Precision Crane, Carlyle Transportation, Lynden Transportation,
The purchase of the turbine and turbine components is the largest purchase accounting for 55%
of the total project cost. The turbine manufacture is chosen by which turbine is best suited for
our wind source, mechanical reliability, and economical value.
To transport the turbine there are several transportation companies in Alaska that have heavy
haul divisions. Several of them are very capable to haul the turbines and we will put this out to
competitive bid. May and June is a good month for shipping as it is a slow time for the heavy
haul companies due to slower activity on the North Slope in the summer.
There is a cement plant locally in Delta Junction which is located approximately 3 miles from
the project site.
We will plan to hire as many locals as possible. The road and gravel pad will be constructed by
a local farmer with his equipment and gravel from Delta Junction. We will ensure that all of
the crews stay at local motels, eat at local restaurants and shop locally .
3.5 Project Communications
Discuss how you plan to monitor the project and keep the Authority informed of the status.
Dan Cook will coordinate all work and communications with AEA and others.
3.6 Project Risk
Discuss potential problems and how you would address them.
There are know known risks at this time. We will continue to be proactive in minimizing any
future risks.
SECTION 4 – PROJECT DESCRIPTION AND TASKS
Tell us what the project is and how you will meet the requirements outlined in Section 2 of the
RFA.
The level of information will vary according to phase(s) of the project you propose to
undertake with grant funds.
If you are applying for grant funding for more than one phase of a project provide a
plan and grant budget form for completion of each phase.
If some work has already been completed on your project and you are requesting funding
for an advanced phase, submit information sufficient to demonstrate that the preceding phases
are satisfied and funding for an advanced phase is warranted.
4.1 Proposed Energy Resource
Describe the potential extent/amount of the energy resource that is available.
Discuss the pros and cons of your proposed energy resource vs. other alternatives that may be
available for the market to be served by your project.
Wind is very abundant in the Delta Junction Area. The wind is free and will generate a greater
deal of power in the Winter months when the demand is the highest. The energy is produced
locally and fed into the distribution line lowering line loss. An alternative would be
bio-agriculture products. One drawback of bio-agriculture is the inherent risk in farming. Wind
turbines actually can have a positive affect in helping the farmers by creating another income
stream through land lease royalties.
Delta Wind had a 50 meter tower approximately 3 miles due south of the project site. I have
included a proposal from AWS Truewinds stating that they can use the data from that source
along with other data and give us a Bankable document of the wind resource
The wind at Delta Junction blows more in the Winter months than in the Summer months. This
happens to be when the most energy is needed. The wind is Class III and the larger turbines
will be more efficient than the ones in Delta at this time. The wind source at a hub height of 80
meters is over 13.2 mph yearly average. The Vestas 1.8 MW V100 has a 100 meter diameter rotor
which equates to 46.06 sq. ft of swept area per kW of installed capacity. The GE 1.5 MW xle has
a rotor diameter of 82.5 meters which equates to 37.58 sq. ft swept area per installed kW. The
American Wind Energy 900 kW turbine has a 54 meter blade which equates to 26.86 sq. ft of
swept area per kW of installed power. The Vestas 1.8 MW V100 with its large swept area is very
well suited for the Delta Junction wind source. Vestas did a preliminary analysis of the wind data
and stated that we should have at least a 30% capacity factor with the Vestas 1.8 MW V100. The
study to be completed by AWS Truewinds will give us power production figures for the three
turbines mentioned above. We will do an economic and financial analysis to make sure we choose
the best suited Turbine for the project.
4.2 Existing Energy System
4.2.1 Basic configuration of Existing Energy System
Briefly discuss the basic configuration of the existing energy system. Include information about
the number, size, age, efficiency, and type of generation.
Golden Valley Electric Association currently receives there power from three sources. Each of
these sources provide about one third of the power. Refinery byproducts from North Pole, Healy
Coal, and power through the inter-tie from Southcentral Alaska.
4.2.2 Existing Energy Resources Used
Briefly discuss your understanding of the existing energy resources. Include a brief discussion
of any impact the project may have on existing energy infrastructure and resources.
GVEA is currently using fossil fuels to produce electricity. Our project will feed electricity
directly into the distribution line producing local power and creating local jobs. Customers will
have dependable energy from a source that will never run out. The cost of wind will never go up,
unlike the price of fossil fuels.
4.2.3 Existing Energy Market
Discuss existing energy use and its market. Discuss impacts your project may have on energy
customers.
The energy that is currently being used in Delta Junction comes down a transmission line from
Fairbanks. Our project will give our customers direct renewable power produced locally creating
local jobs and paying landowner royalties which will go back into the community. If there are new
Carbon taxes having renewable energy will help offset this cost. Our customers will be sheltered
from increases in fossil fuel power production costs.
There is a line loss of 3% on the transmission line from Fairbanks to Delta Junction. The savings
in lost electricity is calculated as follows :
4,730,400 kWh x $0.09/kWh x 3% x 20 years = $255,441
4.3 Proposed System
Include information necessary to describe the system you are intending to develop and address
potential system design, land ownership, permits, and environmental issues.
4.3.1 System Design
Provide the following information for the proposed renewable energy system:
A description of renewable energy technology specific to project location
Optimum installed capacity
Anticipated capacity factor
Anticipated annual generation
Anticipated barriers
Basic integration concept
Delivery methods
One Vestas 1.8 MW V-100 Wind Turbine with an 80 meter tower and 100 meter diameter
rotor.
Optimum installed capacity 1.8 MW
Anticipated Capture Factor 30% or better
Anticipated annual generation 4,730,400kWh
There are no known barriers to this project.
The generated power will be fed directly from the wind farm to the GVEA distribution system
Power will be delivered to GVEA via a 14,400 volt 3-phase power line into the distribution grid
4.3.2 Land Ownership
Identify potential land ownership issues, including whether site owners have agreed to the
project or how you intend to approach land ownership and access issues.
There is a lease with the landowner for a wind farm.
4.3.3 Permits
Provide the following information as it may relate to permitting and how you intend to address
outstanding permit issues.
List of applicable permits
Anticipated permitting timeline
Identify and discussion of potential barriers
No permits are required for this project. There are no local rules in the Delta area, no zoning, no
covenants, no land use plan other than some other agriculture properties. There are no known
barriers to this project.
4.3.4 Environmental
Address whether the following environmental and land use issues apply, and if so how they will
be addressed:
Threatened or Endangered species
Habitat issues
Wetlands and other protected areas
Archaeological and historical resources
Land development constraints
Telecommunications interference
Aviation considerations
Visual, aesthetics impacts
Identify and discuss other potential barriers
Threatened or Endangered Species: There are no threatened or endangered species to be
considered
Habitat Issues: The land is agriculture and being used as intended by the State Department of
Resources.
Wetlands and other protected areas: There are no wetland or protected area issues
Archeological and Historical Resources: There are no issues.
Land Development Constraints: There are no constraints and no zoning.
Telecommunications Interference: There are no issues
Aviation Consideration: There are no aviation issues
Visual Aesthetics impact: The wind tower will be in a rural setting and away from houses and
roads.
There are no other potential barriers.
4.4 Proposed New System Costs and Projected Revenues
(Total Estimated Costs and Projected Revenues)
The level of cost information provided will vary according to the phase of funding requested and
any previous work the applicant may have done on the project. Applicants must reference the
source of their cost data. For example: Applicants Records or Analysis, Industry Standards,
Consultant or Manufacturer’s estimates.
4.4.1 Project Development Cost
Provide detailed project cost information based on your current knowledge and understanding of
the project. Cost information should include the following:
Total anticipated project cost, and cost for this phase
Requested grant funding
Applicant matching funds – loans, capital contributions, in-kind
Identification of other funding sources
Projected capital cost of proposed renewable energy system
Projected development cost of proposed renewable energy system
See attached Grant Budget Forms: Feasibility, Design and Permitting , and Construction
4.4.2 Project Operating and Maintenance Costs
Include anticipated O&M costs for new facilities constructed and how these would be funded by
the applicant.
(Note: Operational costs are not eligible for grant funds however grantees are required to meet
ongoing reporting requirements for the purpose of reporting impacts of projects on the
communities they serve.)
If there is any O and M costs during the construction phase it will be paid by Clearwater Winds.
There will be no O and M costs paid from grant money.
O and M costs will be paid from the cash flow from the sale of power to GVEA. The O and M
costs are projected at 2.0 cents per kWh produced. Industry Standard
4,730,00 kWh x $0.02/kWh = $94608
4.4.3 Power Purchase/Sale
The power purchase/sale information should include the following:
Identification of potential power buyer(s)/customer(s)
Potential power purchase/sales price - at a minimum indicate a price range
Proposed rate of return from grant-funded project
The potential buyer for the power will be GVEA through the distribution system.
We will sign a PPA agreement with GVEA for 10 years. The price is based on the avoided fuel
costs for GVEA or a cost based analysis.
We expect that only 44.44% of our money needed for this project will come from this grant.
This project will give a rate of return by helping Golden Valley Electric Association (GVEA)
meet its energy requirements as the Cook Inlet gas supply dwindles. This project will ensure a
stabile price of energy and help GVEA meet the CO2 standards. GVEA will also receive the green
tags which are becoming an increasingly valuable commodity. This project will deliver a locally
produced carbon free energy to the customers in the State of Alaska.
4.4.4 Project Cost Worksheet
Complete the cost worksheet form which provides summary information that will be considered in
evaluating the project.
Download the form, complete it, and submit it as an attachment. Document any conditions or
sources your numbers are based on here.
SECTION 5– PROJECT BENEFIT
Explain the economic and public benefits of your project. Include direct cost savings,
and how the people of Alaska will benefit from the project.
The benefits information should include the following:
Potential annual fuel displacement (gal and $) over the lifetime of the evaluated
renewable energy project
Anticipated annual revenue (based on i.e. a Proposed Power Purchase Agreement price,
RCA tariff, or cost based rate)
Potential additional annual incentives (i.e. tax credits)
Potential additional annual revenue streams (i.e. green tag sales or other renewable
energy subsidies or programs that might be available)
Discuss the non-economic public benefits to Alaskans over the lifetime of the project
Economic Public Benefits:
a. The estimated fuel displacement over the lifetime of the project of 20 years is 3,189,120 gallons
of fuel and a fuel cost savings in dollars of $8,685,000
b. The current avoided costs is $0.0918 per kWh. The anticipated annual revenue is $434,250 per
year.
c. There are no annual tax incentives.
d. All green tag carbon credits will go to GVEA.
e. There is a line loss of 3% on the transmission line from Fairbanks to Delta Junction. The
savings in lost electricity is calculated as follows :
4,730,400 kWh x $0.09/kWh x 3% x 20 years = $255,441
Non Economic Public Benefits:
a. Jobs will be created by the construction of the Wind Farm.
b. Encourage others to build wind farms.
c. The benefits to Delta Junction in construction workers spending money in town.
d. GVEA will have the Green Tags to offset the future needs of Green Tags.
e. Help the State of Alaska meet the goal of 20% Green by 2012.
f. Offset 3,189,120 gallons of carbon producing fossil fuel.
g. Help replace foreign oil used in the United States with a clean renewable local energy.
h. This project will deliver clean renewable energy directly into the distribution line in Delta
Junction. The energy will be produced by a power source that will not go up in price or become
scarce over time. With the current lack of natural gas to produce electricity on the rail belt new
forms of energy are becoming more important to keep the cost of electricity down.
i. This project will create new sources of income for farmers through landowner royalties.
This will help preserve family farms and the rural way of life. The amount of property needed
for the wind turbine is very small with a minimal loss of cropland and a much needed increase
in income by farming the wind. This increased income will be used through out the community
and allow the farmers to have a better cash flow. Farmers receiving higher profit margins
benefit’s the whole community.
j. This project will show that having wind turbines on farmland is very beneficial to the farmers
and the community. This will help wind developers and farmers see how to work together to
bring more wind farming to Delta Junction for every ones benefit. This project will be a
showcase and road map for local landowners and wind developers to see the potential of wind
farms in Delta Junction and Alaska using the large efficient 1.8 MW wind turbines.
SECTION 6– SUSTAINABILITY
Discuss your plan for operating the completed project so that it will be sustainable.
Include at a minimum:
Proposed business structure(s) and concepts that may be considered.
How you propose to finance the maintenance and operations for the life of the project
Identification of operational issues that could arise.
A description of operational costs including on-going support for any back-up or existing
systems that may be require to continue operation
Commitment to reporting the savings and benefits
The business is an LLC. The day to day operations will be managed by Dan Cook.
The maintenance and operation costs will be paid from revenues received.
There are no operational issues anticipated to arise that would be out of the normal.
We will have a reserve account for unseen expenses and the end of the project.
We are committed to report the savings and benefits as this will help the State of Alaska
to realize the return on investment for these type of projects.
SECTION 7 – READINESS & COMPLIANCE WITH OTHER GRANTS
Discuss what you have done to prepare for this award and how quickly you intend to proceed
with work once your grant is approved.
Tell us what you may have already accomplished on the project to date and identify other grants
that may have been previously awarded for this project and the degree you have been able to
meet the requirements of previous grants.
SECTION 8– LOCAL SUPORT
Discuss what local support or possible opposition there may be regarding your project. Include
letters of support from the community that would benefit from this project.
SECTION 9 – GRANT BUDGET
Tell us how much you want in grant funds Include any investments to date and funding sources,
how much is being requested in grant funds, and additional investments you will make as an
applicant.
Include an estimate of budget costs by milestones using the form – GrantBudget3.doc
Provide a narrative summary regarding funding sources and your financial commitment to the
project.
Clearwater Winds is a proposed Wind Farm to be located on 320 acres near Delta Junction,
Alaska. The cost of the overall project from reconnaissance to completion is $4.5 million. This
grant will pay for $2.0 million. The project is eligible for funds from the American Recovery
and Reinvestment Act (Public Law 111-5) signed by President Obama on February 17, 2009.
This project qualifies for a $750,000 monetary payment. This is a Section 1603 payment which
is calculated as 30% of the tax basis of the property and paid by the United States Treasury.
The balance of the funds required will be $1.75 million. This money will come from a
Commercial Bank, Alaska Industrial Development and Export Authority (AIDEA) or the
investment of a third party using the Minnesota Flip model commonly used by farmer owned
wind farms in the Midwest. John Deere Renewables is a subsidiary of John Deere Tractor
Company and has worked with many wind farms through their Financial Department.
The American Recovery and Reinvestment Act has a provision that will enable Clearwater
Winds to be eligible for the 30% monetary refund on additional wind turbines that are installed in
the future. The requirements are to have at least 5% of the tax basis of the project started by
December 31, 2010. This does include work on turbines at factories as long as there is a financial
commitment to purchase them. Our plan that we are submitting will makes us eligible to build
additional turbines through 2013 under this program.
We envision building another three (3) turbines with 1.8 MW of power each delivered directly to
GVEA through a transmission line sometime before the end of 2013.
SECTION 9 – ADDITIONAL DOCUMENTATION AND CERTIFICATION
SUBMIT THE FOLLOWING DOCUMENTS WITH YOUR APPLICATION:
A. Resumes of Applicant’s Project Manager, key staff, partners, consultants, and
suppliers per application form Section 3.1 and 3.4.
B. Cost Worksheet per application form Section 4.4.4.
C. Grant Budget Form per application form Section 9.
D. Letters demonstrating local support per application form Section 8.
E. An electronic version of the entire application on CD per RFA Section 1.6.
F. Governing Body Resolution or other formal action taken by the applicant’s
governing body or management per RFA Section 1.4 that:
- Commits the organization to provide the matching resources for project at the
match amounts indicated in the application.
- Authorizes the individual who signs the application has the authority to commit
the organization to the obligations under the grant.
- Provides as point of contact to represent the applicant for purposes of this
application.
- Certifies the applicant is in compliance with applicable federal, state, and local,
laws including existing credit and federal tax obligations.
F. CERTIFICATION
The
under
signed
certifi
es that
this
applic
ation
for a
renew
able
energ
y
grant
is
truthfu
l and
correc
t, and
that
the
applic
ant is
in
compli
ance
with,
and
will
contin
ue to
compl
y with,
all
federa
l and
state
laws
includi
ng
existin
g
credit
and
federa
l tax
obliga
tions.
Print
Name
Signatu
re
Title
Date