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RESOLUTION NO. 114-08
A RESOLUTION OF THE BOARD OF DIRECTORS
SUPPORTING THE REQUEST FOR STATE FUNDING FOR THE EVA CREEK WIND
GENERATION PROJECT THROUGH THE ALASKA ENERGY AUTHORITY (AEA)
RENEWABLE ENERGY FUND
WHEREAS, Golden Valley Electric Association (GVEA) supports diversification of
energy sources through use of alternative energy to provide electric power to its
members and customers for the lowest cost; and
WHEREAS, GVEA has invested in studies of alternative energy sources to reduce its
dependence on fossil fuels, and
WHEREAS, the Board of Directors introduced the Sustainable Natural Alternative
Power (SNAP) program in 2005 and as such was the first utility in the state to do so to
demonstrate its commitment to alternative energy; and
WHEREAS, GVEA met the 2007 goals of its own voluntary Green Power Pledge to
supply its peak system load with 10 percent renewable sources utilizing a combination
of conservation, hydro -electric power and power contributed by SNAP producers; and
WHEREAS, this project will help GVEA meet its own voluntary Green Power Pledge of
20% by 2014; and
WHEREAS, the Board of Directors since 2002 has supported studies of wind
generation at Eva Creek, located near Ferry, Alaska, in the GVEA service territory near
an existing transmission line, making the interconnection viable, and GVEA has been
monitoring the wind resource at the Eva Creek site for three years; and
WHEREAS, GVEA understands that it shall assume all liabilities arising from the
ownership and operation of the Project, and it will not sell, transfer, or dispose of any of
its interest in the facilities constructed with this grant funding during the economic life of
the Project without prior written approval of the Alaska Energy Authority (AEA); and
WHEREAS, the GVEA Board of Directors authorizes the application to AEA for project
funding and authorizes and names GVEA Vice President Kate Lamal as the project
manager and point of contact to represent the applicant for purposes of this application;
and
WHEREAS, Brian Newton, President & CEO, shall be authorized to execute all
agreements on behalf of the Association.
NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of Golden Valley
Electric Association hereby endorses GVEA's request for funding through the State of
Alaska's Renewable Energy Fund for purposes of constructing a wind generation farm
at Eva Creek and affirms GVEA is in compliance with all federal, state, and local laws,
including existing credit and federal tax obligations.
CERTIFICATION
I, William D. Digan, do hereby certify that I am the Secretary of Golden Valley Electric Association, Inc.,
an electric not -for -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 regular
meeting of the Board of Directors of this corporation, duly and properly called and held on the 29th day of
September, 2008; 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 the corporation
this 29th day of September, 2008.
William D. g_ -5- ry/