HomeMy WebLinkAboutRailbelt Grant Administration Agreement 1 1994ALASKA INDUSTRIAL DEVELOPMENT
AND EXPORT AUTHORITYAIS
480 WEST TUDOR «ANCHORAGE,ALASKA 99503-6690 «(907)561-8050 +FAX (907)561-8998
February 4,1994
Mr.Jon Rubini,Esq.
Birch,Horton,Bittner &Cherot
1127 West Seventh Avenue
Anchorage,Alaska 99501
Subject:Grant Administration Agreement Changes
Dear Jon:
The following are the changes we propose to the November 12,1993,draft of
the Grant Administration Agreement:
Page 4,Section 2.01.
Delete the word "main".
Page 6,Section 2.03(a).
Insert after "an investment strategy"the following words:"in
cooperation with GVEA and CEA".
Page 6,Section 2.03(c).
Delete paragraph c and renumber paragraph d on the following page to c.
Page 7,Section 2.03(d).
At the end of the paragraph prior to the period add "including its
existing custodian agreement".
Page 7,Section 3.01.
Add a_subsection (d)"All costs reasonably incurred by AIDEA in
administering the grant and investing funds."
Page 8,Section 3.02.
Add a new subsection (d)"All costs reasonably incurred by AIDEA in
administering the grant and investing funds."
ncaa
Fle
Neo
Mr.Jon Rubini
February 4,1994
Page Two
Page 10,Section 4.01.
In the first paragraph prior to the word "No"add the following:
"except for the costs identified in subsections 3.01(b),(c),and (d),
and 3.02(b),(c),and (d)".Change the capital N in "No"to a small n.
Page 12,Section 4.03.
In the first paragraph after the words "Intertie Funds"insert "to the
participating utilities".
Page 12,Section 4.03(a).
Insert after the words "all invoices"the words "From participating
utilities".
Page 12,Section 4.03(b).
After all references to AIDEA insert the following:",or its agent,".
Page 13,Section 4.03(c).
After the reference to AIDEA insert ",or its agent,".
Please provide me with a revised draft with the above changes.
WL
zyWitlian&."Dheector
DWB:bjf
DOCBIF242