Alaska Administrative Code › Title 3 - Commerce, Community, and Economic Development › Part 14 - Alaska Energy Authority › Chapter 107 - Grant Programs › Article 3 - Electrical Service Extension Fund Grants › 3 AAC 107.520 - Electrical service extension fund application

Current through May 31, 2024
(a) An applicant
				  for a grant from the fund shall submit an application to the authority on a
				  form provided by the authority. The applicant shall provide the following
				  information:
(1) the date of
				  application;
(2) the legal name of
				  the applicant and the legal authority under which it is created;
(3) a statement that the applicant is a
				  certificated electrical utility, or a statement why it is exempt from
				  certification under
				  AS
				  42.05.711;
(4) a certified copy of the resolution or
				  other official action taken by the applicant's governing body authorizing the
				  applicant to apply for the grant;
(5) the name, title, and address of the
				  applicant's authorized representative for the purposes of the grant
				  application;
(6) the names and
				  titles of the applicant's principal officers, including the chief executive
				  officer or general manager;
(7) the
				  names and addresses of the engineer, legal counsel, financial advisor or
				  consultant, and any management, engineering, design, economic, or other
				  advisors or consultants that the applicant has for the project;
(8) the total eligible project
				  costs;
(9) the total ineligible
				  project costs, including the cost of design, planning, and
				  feasibility;
(10) a description of
				  the use to which the grant money will be applied, including
(A) the geographic location of the line
				  extension or improvement to be made to existing utilities;
(B) the physical components and the
				  electrical characteristics of the project;
(C) the proposed allocation of grant money
				  for each purpose or to each phase of a project, such as permitting, site
				  preparation, construction, and the expected date of start-up and completion of
				  each phase;
(D) whether the grant
				  will be used to extend service to private residences or small businesses, or
				  will be used to make improvements to existing utilities;
(E) a description of the project sufficient
				  to determine its technical feasibility; and
(F) identification of sources and amounts of
				  money the applicant proposes to use to pay for its share of the project's
				  costs;
(11) for line
				  extension projects, the number of existing primary residences and the number of
				  existing small businesses that have signed commitments to purchase power from
				  the applicant if the project is constructed;
(12) for improvements to existing utilities,
				  a description of the project's benefits to the utility and customers in its
				  service area;
(13) a project budget
				  showing how grant money and the money the applicant contributes will be spent
				  for the project;
(14) copies of
				  power sales agreements, hook up agreements, or other documentation verifying
				  customer commitments to purchase electrical service under the applicant's
				  current tariff if the project is constructed;
(15) evidence that all permits and
				  rights-of-way needed for the construction of the project can be secured in time
				  to allow construction to proceed on the schedule provided under (10)(C) of this
				  subsection; and
(16) evidence that
				  the utility is capable of contributing the matching funds required in
				  3 AAC 107.515 from loans, grants, proceeds from hookup
				  fees, or other sources of funding.