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HomeMy WebLinkAboutRESOLUTION 1987-06I"-- Suggested By: Mayor RBBOLU~XON 87-6 A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, IN SUPPORT OF THE BRADLEY LAKE HYDROELECTRIC PROJECT/~AILBELT KNERGY INTERTIE SYSTEM. WHEREAS, the Alaska State Legislature has committed $218 Million to the Bradley Lake 90 Megawatt HFdroelectric Project, $168 Million of which has been appropriated~ and, WHEREAS, the Alaska State Legislature has appropriated 8282 million to the Railbelt Energy Fund for the generation and distribution of electric power throughout the railbelt; and, WHEREAS, the additional $50 million for the Bradley Lake Hydroelectric Project could be obtained from the Railbelt Energy Fund. The estimated total cost of Bradley Lake has been placed at $365 million, we suggest that the remainder of which could be financed with revenue bonds repaid with power sales revenue. NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, that it request the Alaska State Legislature to provide the full $218 million of funding for the Bradley Lake Hydroelectric Project, and that no construction delays occur. BE IT FURTHER RESOLVED, that the construction of the Railbelt transmission interties between the Kenai Peninsula, Anchorage, and Fairbanks be completed using portions of the $282 million intended for that purpose, and that this construction proceed uimultan~ously durilig the construction of the B=adley Lake Project. BE IT FURTHER RESOLVED, that a means of meeting the Railbe~t'= future energy needs to be developed utilizing our natural resources of coal, natural gas based generation, hydroelectric power, and conservation methods to help the State energy needs develop in an orderly manner. I_ L_ 0 1- P&$SSD BY ~IS COUNCIL daf of FebruarF, 1987. Carol L. Yreas, Acting City Clerk OF THE CITY OF KENAI0 AhASKA, that fourth (2/4/87) b l I IIII I I I CITY OF KENAI TO: FROM: DATE: Resolution 87-6 ~ Carol L. Frees, Acting City C1 City of Kenai February 6, 1987 Pursuant to instructions from Mayor ~ohn Williams, on February 5, 1987, a copy of Resolution 87-6 regarding the Bradley Lake Hydroelectric Project/Railbelt Energy Intertie System was mailed to the following people: Governor Steve Cowper Alaska Senators and Representatives (60) Alaska Power Authority City of Soldotna City of Seldovia City of Homer City of S~',~ard Mayor Tony Knowles, Municipality of Anchorage Bill WalLy, Mayor, City of Fairbanks Juanita Helms, Mayor, Fairbanks North Star Borough clf b l CITY OF KENAI ~ebruary 5, 1987 TO WHOM IT MAY CONCERN: O Enclosed for your information please find a copy of the City of Kenai's Resolution 87-6 which was passed at its regularly scheduled City Council Meeting of February 4, 1987. This resolution was written in support of the Bradley Lake Hydroelec~ric Pro~ect/Railbelt Energy Intertie System and requests the Alaska State Legislature to provide the full $218 million of funding for the Bradley Lake Hydroelectric Project and eliminate any construction delays. If you have any questions or require any further information, please do not hesitate to contact this office. Sincerely, CITY OF KENAI City Manager WJB/clf Enclosure L