HomeMy WebLinkAbout5 C BSNC Wind ResolutionMAIL
�A� IYYY •• II JIII IIIIII' W%ilPllllll111 lii icelLA
BERINCi
A RESOLUTION TO SEEK FUNDING FOR INSTALLATION
OF A WIND GENERATION FACILITY IN NOME, ALASKA
WHEREAS, the Mission Statement of Bering Straits Native Corporation (BSNC)
is: `To improve the quality of life of our people through economic development
while protecting our land and preserving our culture and heritage.'; and
WHEREAS, the development of alternative energy sources is in keeping with the
Mission Statement of BSNC; and
WHEREAS, the extremely high cost of energy in the Bering Straits region places
an undue burden on the BSNC Shareholders and their families, a large
percentage of whom live below the poverty level; and
WHEREAS, many of BSNC's Shareholders and their families live in remote
communities where electricity is provided by diesel -fueled generators and where
fuel can only be delivered by prohibitively expensive barge and air tankers; and
WHEREAS, it is the desire of BSNC to install alternative energy sources
throughout the Bering Straits region to lower the burden on its Shareholders and
the other residents of the region by providing renewable, environmentally safe
alternative energy.
NOW THEREFORE BE IT RESOLVED that the Board of Directors of the Bering
Straits Native Corporation authorizes staff to take steps to secure funding for a
wind energy installation in Nome, Alaska, and
BE IT FURTHER RESOLVED, that no less than 50% of BSNC's annual profits
from the wind farm will be reinvested into alternative energy projects throughout
the region, and that the power generated by these projects will be provided at a
rate which is below the "avoided cost" formula, thereby providing an actual
benefit to the residents of the region, the majority of whom are BSNC
Shareholders or descendants.
Passed at a meeting held: q-;�S o-7 ATTEST: 0�^^-
Tim Towarak, President/CEO
P.O. Box 1008 • Nome, Alaska 99762 • (907) 443-5252 • FAX (907) 443-2985