HomeMy WebLinkAboutExhibit B�. 4' `, r
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AUTHORIZATION FOR PRESIDENT/CEO TO REPRESENT KEA AND
APPLY FOR A RENEWABLE ENERGY FUND ROUND III GRANT
THROUGH THE ALASKA ENERGY AUTHORITY
WHEREAS, Kodiak Electric Association, Inc. (KEA) was organized and exists under the laws
of the State of Alaska and is a certificated electric utility holding a certificate of
public convenience and necessity under AS 42.05;
WHEREAS, KEA is an established non-profit Rural Utilities Service member -owned rural
electric cooperative serving members located on Kodiak Island; the City of
Kodiak, United States Coast Guard Integrated Support Command Kodiak, Bells
Flats/Russian Creek area, Chiniak/Pasagshak, and Port Lions;
WHEREAS, KEA is in compliance with all federal, state and local laws including existing
credit and federal tax obligations, and will continue to comply with all federal
and state laws, including existing credit and federal tax obligations;
WHEREAS, KEA is the owner and operator of the Terror Lake Hydroelectric Facility with the
ability to operate and maintain the facility for its economic life for the benefit of
KEA's membership;
WHEREAS, it is in the best interest of the Cooperative membership to seek to secure grant
funds by applying for funding through the "Renewable Energy Fund" to assist
KEA in its final design and construction to install a third hydroelectric turbine -
generator at the Terror Lake Hydroelectric Facility.
NOW, THEREFORE, BE IT RESOLVED, that the KEA Board of Directors do publicly,
by resolution, endorse the installation of a third hydroelectric turbine -generator at
the Terror Lake Hydroelectric Facility at an estimated cost of $15,907,950 and
authorize President/CEO Darron Scott to submit an application for a $7,500,000
Renewable Energy Fund Round III Grant through the Alaska Energy Authority
with a commitment to provide the matching resourcing as specified in the
application, and further appoint Darron Scott as Project Manager to represent
KEA in the construction and application process with the authority to commit
KEA to the obligations under the grant agreement.
CERTIFICATION
I, Stosh Anderson, do hereby certify that I am elected Secretary of Kodiak Electric Association, Inc., an electrical
non-profit cooperative membership corporation organized and existing under laws of the State of Alaska; that the
foregoing is a complete and correct copy adopted at a meeting of the Board of Directors of this corporation, duly and
properly called and held on the 22"d day of October, 2009; 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 this 22"d day
of October, 2009. ,.
Secretary