DENALI BOROUGH, ALASKA

RESOLUTION NO. 95-02

A RESOLUTION TO SUPPORT THE DENALI BOROUGH'S FY 1996 CAPITAL

MATCHING GRANTS PROJECT FOR THE GREATER HEALY

CHAMBER OF COMMERCE BUILDING.

WHEREAS, the Denali Borough is an eligible participant in the Municipal Capital Project Matching Grant Program as written in AS 37.06; and

WHEREAS, the Denali Borough has listed the Greater Healy Chamber of Commerce Building Project as their first priority for the FY 1996 Capital Matching Grants Program; and

WHEREAS, the funding requested from the State of Alaska for this project is $68,000 and the Denali Borough commits its share of this project, $17,715, with in-kind labor and equipment, towards the construction of this project; and

WHEREAS, approximately 80% of Borough revenues are dependant upon the tourism industry; and

WHEREAS, the construction of this project will encourage, enhance, and facilitate the tourism industry;

THEREFORE BE IT RESOLVED: that the Denali Borough Assembly endorses the Greater Healy Chamber of Commerce Building Project as the first priority project for the FY 1996 Capital Matching Grants Program.

PASSED and APPROVED by the DENALI BOROUGH ASSEMBLY this 8 th day of January, 1995.

SIGNATURE ON FILE

Mayor

ATTEST: SIGNATURE ON FILE

Borough Clerk