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Pulled by City Council Sponsored by: Mayor Dunham <br /> Legislative Changes <br /> r.. CITY OF SEWARD, ALASKA <br /> RESOLUTION 2010 -033 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, <br /> ALASKA IN SUPPORT OF THE GREATER RAILBELT ENERGY AND <br /> TRANSMISSION CORPORATION (GRETC) AND HOUSE BILL 182 AND <br /> SENATE BILL 143 <br /> WHEREAS, the City of Seward recognizes that access to low cost electrical energy and <br /> robust electric transmission facilities contribute greatly to the economic well -being of the <br /> community; and <br /> WHEREAS, the formation of the Greater Railbelt Energy and Transmission Commission <br /> (GRETC) will play an important role in Alaska's electrical energy future; and <br /> WHEREAS, GRETC will benefit the economic well -being of Seward by permitting Railbelt <br /> utilities to achieve greater economies of scale in electrical energy production and operations; and <br /> WHEREAS, GRETC, as primary recipient of state funds, will benefit the economic well- <br /> being of the Seward area by giving Railbelt ratepayers access to lower cost electrical energy <br /> production and transmission facilities; and <br /> WHEREAS, the membership in GRETC will be voluntary on the part of the six Railbelt <br /> utilities of Anchorage Municipal Light and Power, Chugach Electric Association, the City of <br /> Seward, Golden Valley Electric Association, Homer Electric Association, and Matanuska Electric <br /> Association; and <br /> WHEREAS, Seward ratepayer interests will be protected by a City of Seward board member <br /> and CEO, who sit on the GRETC Board, and rates will be economically regulated, for the first five - <br /> years, by the Regulatory Commission of Alaska; and <br /> WHEREAS, the City of Seward supports the GRETC legislation, in a substantive manner; <br /> and <br /> WHEREAS, as of April 2, 2010, both bills have moved out of two legislative committees. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF SEWARD, ALASKA that: <br /> Section 1. The City of Seward call upon the Alaska Legislature to approve and Governor <br /> Parnell to sign legislation, substantively in form, authorizing the establishment of the Greater <br /> Railbelt Energy and Transmission Corporation (GRETC) for the betterment of Alaska's electrical <br /> energy future and the Railbelt's economic well- being. <br />