HomeMy WebLinkAboutRESOLUTION 1998-45Suggested by: Mayor
CITY OF KENAI
RESOLUTION NO. 98-45
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, SUPPORTING
AREAWIDE LEASING IN COOK INLET.
WHEREAS, approximately 97% of the 4.2 million acres within the Cook Inlet Areawide
boundary has been offered for lease before; since 1959, 41 lease sales have been held
in the Cook Inlet area, with a total of 13.3 million acres offered and 6.02 million acres
leased; and nearly 1,000 wells having been drilled; and,
WHEREAS, extensive monitoring programs and environmental studies conducted
throughout the Cook Inlet basin over the last four decades have found no evidence of
diverse environmental impacts from oil and gas development; and,
WHEREAS, Cook Inlet oil and gas operations have coexisted for three decades with
the region's commercial and sport fisheries; and,
WHEREAS, oil and gas production in Cook Inlet contributes a total of approximately
$250 million on the Kenai Peninsula annually through investments, salaries, taxes
and royalties; and,
WHEREAS, the oil and gas industry is the foundation of the state's economy and is
the lifeblood of many Southcentral Alaskans.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, that it supports the areawide leasing in Cook Inlet.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA this first day of July,
1998.
ATTEST:
Carol L. Freas, Ci~:y Clerk