
Peter Micciche
14:39 - 15:39
"We've collected the data on approximate cost for solid waste, general government, education, roads, fire, EMS, hospitals, recreation, regulatory, municipal tasks that are requirement of AKLNG's 49 CFR Part 192 and 193 permitting, um, U.S. Coast Guard Marine Terminal Response Plans. We know there will be capital cost training like fire and EMS equipment upgrades."
“We've collected the data on approximate cost for solid waste, general government, education, roads, fire, EMS, hospitals, recreation, regulatory, municipal tasks that are requirement of AKLNG's 49 CFR Part 192 and 193 permitting, um, U.S. Coast Guard Marine Terminal Response Plans. We know there will be capital cost training like fire and EMS equipment upgrades.”
Um, we've collected the data on approximate cost for solid waste, general government, education, roads, fire, EMS, hospitals, recreation, regulatory, municipal tasks that are requirement of AKLNG's 49 CFR Part 192 and 193 permitting, um, U.S. Coast Guard Marine Terminal Response Plans. We know there will be capital cost training like fire and EMS equipment upgrades. We know what we know, but we need some room to deal with what we don't know about this important project and the associated costs. We're also excited about the potential for Nutrien and other offshoots into industries that will occur aside from the pure LNG and natural gas play regarding the economics of this project. Peripheral ammonia production is important as a feedstock for hydrogen for 45Q credits in addition to the planned gas treatment plant 45 I'm sorry, 45V for the planned gas treatment, 45Q carbon credits.
Kenai Peninsula Borough Mayor Peter Micciche told the Alaska Senate Finance Committee Wednesday that the House version of the Alaska LNG tax bill provides a workable 70% property tax reduction, while the original 90% cut would have left local taxpayers subsidizing the project.

Legislative Finance Division analysis shows the alternative volumetric tax structure in Senate Bill 2001 would generate approximately $124 million annually when the full Alaska LNG project is operational, with Kenai Peninsula Borough receiving $55 million and North Slope Borough receiving $40 million based on capital expenditure weights.
