Section 42.45.065 - Reimbursement for costs of power projects(a) Subject to appropriations for the purpose, during each fiscal year, the authority shall allocate to each entity listed in (b) of this section an amount to reimburse the cost paid by the entity during the immediately preceding fiscal year for the principal and interest on outstanding debt for the project listed. An allocation may be made to an entity only if(1) the debt was incurred before July 1, 2005; and(2) the power project financed with the debt proceeds is owned and operated by the entity.(b) The authority may make an allocation to an entity under (a) of this section only for reimbursement of costs incurred for construction and renovation of the following power projects and only for reimbursement of total project costs incurred up to the following amounts: PROJECT
Kodiak Electric $
Association, Inc. 6,0
(Nyman Combined 00,
00
0
Cycle Cogeneration Plant)
Cordova Electric 12,
Cooperative (Power 00
Creek Hydropower 0,0
00
Station)
Golden Valley 70
Electric Association 0,0
(Rock Creek line 00
extension)
Copper Valley 10,
Electric Association, 00
Inc., Valdez 0,0
00
(cogeneration projects)
The Four Dam Pool 20,
Power Agency 00
(Southeast Intertie, 0,0
00
Swan Lake to Tyee Lake)
Metlakatla Power and 3,0
Light (utility plant 00,
and capital 00
0
additions)