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HomeMy WebLinkAboutCorp Resolution 1 RESOLUTION NO. 1 OF 2008 ARCHANGEL GREEN POWER LLC WHEREAS, B. Jill Reese is the only member of, and authorized point of contact for, the Alaska corporation Archangel Green Power LLC, and WHEREAS, it is the desire of Archangel Green Power LLC to be an example of sustainability, to reduce its community’s carbon footprint, to provide educational and recreational opportunities to the public, to preserve and expand an important component of the Hatcher Pass area’s gold mining history and economic development opportunities and to provide an alternative source of non-polluting energy for the general welfare and progress of the Mat-Su Borough residents and beyond and WHEREAS, fuel costs are rising and unstable, and this project meets the needs of the trend and utility mandate to provide alternative renewable energy sources without discrimation and WHEREAS, jobs would be created and sustained with the creation of the Archangel Creek Alternative Energy Project and WHEREAS, Archangel Green Power LLC is in compliance with all federal, state, and local law, including existing credit and federal and obligations. THEREFORE, BE IT RESOLVED on this 10th day of November, 2008, by the sole member of Archangel Green Power LLC: That it is the intent of Archangel Green Power LLC to apply for a grant from the Alaska Energy Authority in the amount of $60,000.00 toward a total to be requested for completion of the project in the amount of $6,420,000.00. The initial funds in the amount of $60,000.00 are for the purpose of conducting feasibility studies for a 1.7 MW run of the river hydro electric power plant, known as the “Archangel Creek Alternative Energy Project” for generating power to sell to the local utility company for disbursement to the community. ARCHANGEL GREEN POWER LLC By_____________________________ B. Jill Reese, Member