Grier Hopkins
12:35 - 13:47
“the— anywhere between the $180 million that was estimated 12 years ago and the $245 million that was put into the fiscal note instead of finance would be unaffordable for the community here.”
- Speaker
- Grier Hopkins
- Timestamp
- 12:35 – 13:47
- Community
- Alaska News
- Location
- Juneau
- Captured at
From the transcript
Additionally, that was something they agreed to. They're not going to get that tax break unless, um, the Fairbanks North Star Borough residents are able to see a molecule of gas off of that line. Um, the additional part that we were able to get into that language as well that was in agreement with Glenfarm is the post- stamp tariff that ensures that everybody who's getting access to the gas off the line is going to be paying one route— one amount for it. And that's essential because if the 3,500 ratepayers here in the Interior Gas Utility in the Fairbanks North Star Borough were paying for the spur line alone, it would become unaffordable and we'd be seeing more expensive gas off of that line than we would be seeing today. We have not been able to do the math exactly because we don't know exactly what the spur line would cost, but the— anywhere between the $180 million that was estimated 12 years ago and the $245 million that was put into the fiscal note instead of finance would be unaffordable for the community here.
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