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HomeMy WebLinkAboutRes1993-033 . . . Sponsored by: Tones CITY OF SEWARD, ALASKA RESOLUTION NO. 93-033 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, SUPPORTING PASSAGE OF HOUSE BILL 116 (NATURAL GAS ROYALTY) WHEREAS, House Bill 116 will resolve a royalty issue concerning the cost of natural gas consumed by the Chugach Electric Association; and WHEREAS, Chugach Electric Association is the wholesale provider of electric power for the City of Seward; and WHEREAS, retroactive collection of royalties as proposed by the Alaska Department of Natural Resources would be costly and unfair to Seward Electric Utility customers and could increase the cost of electric power to a level that would discourage industrial development in this community; and WHEREAS, HB 116 does not set new policy regarding royalty values assessed on gas and electric utilities and its passage will not impact state revenues; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. It is in the public interest to support passage of HB 116 which requires the Alaska Department of Natural Resources to use the same methodology for determining the royalty values for federal leases as provisions of AS 38.05.180 requires for state leases. Section 2. A copy of this resolution shall be provided to Senators Drne Pearce, Steve Frank and Suzanne Little and Representative Gary Davis. Section 3. This resolution shall take effect immediately upon its adoption. PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this 22nd day of March, 1993. THE CITY OF SEWARD, ALASKA ~~ 0. C~ Dave W. Crane, Mayor CITY OF SEWARD, ALASKA RESOLUTION NO. 93-033 . AYES: NOES: ABSENT: ABSTAIN: Bencardino, Crane, Krasnansky, Sieminski, Swartz & White None Darling None A ITEST: APPROVED AS TO FORM: Wohlforth, Argetsinger, Johnson and Brecht, Attorneys for the City of Seward ~J^L Thomas F. Klinkner City Attorney (City Seal) . .