HomeMy WebLinkAbout3 - ResolutionCOPPER VALLEY ELECTRIC ASSOCIATION, INC.
RESOLUTION 08-09
RESOLUTION APPROVING THE RENEWABLE ENERGY GRANT APPLICATION
FOR THE PROPOSED ALLISON LAKE PROJECT
WHEREAS, Copper Valley Electric Association is a rural electric cooperative
organized under Alaska Statute 10.25; and
WHEREAS, CVEA provides central station electric service to the Copper River
Basin and Valdez regions of Alaska; and
WHEREAS, CVEA has a strong desire to reduce its dependence on fossil fuel for
the production of electricity; and
WHEREAS, CVEA maintains an interest in developing renewable energy to
better serve its membership; and
WHEREAS, CVEA has recently completed a pre -feasibility study of a proposed
Allison Lake Hydroelectric Project near Valdez, and
WHEREAS, based on the results of the aforementioned study, CVEA desires to
proceed with the steps necessary to license a project at Allison Lake; and
WHEREAS, on September 4, 2008, the Federal Energy Regulatory Commission
issued CVEA a preliminary permit for the development of the proposed Allison Lake
Hydroelectric Project; and
WHEREAS, CVEA is in compliance with all federal, state, and local laws
including existing credit and federal tax obligations; now therefore,
BE IT RESOLVED, the CVEA Board of Directors approves the application for
project funding in the amount of $2,860,000; CVEA will match 20% of this amount for Phases II
and III of the project which fulfills the requirements of the preliminary permit and begins the
preliminary engineering;
BE IT FURTHER RESOLVED, the CVEA Board of Directors authorizes
Robert A. Wilkinson, Chief Executive Officer, as the point of contact to represent the applicant
for purposes of this application.
Approved and signed this 6tn day of October 2008, in Glennallen, Alaska.
r
secretary (attest) Jai�9, arming, President
(seal)