A Resolution of the City Council of Homer, Alaska, Expressing Support for HB 35, an Act Creating a Low-Interest Loan Program for Homeowners Who Improve or Replace Their Home Heating Systems; and Providing for an Effective Date. Lewis/Zak/Burgess.
CITY OF HOMER
A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA, EXPRESSING SUPPORT FOR HB 35, AN ACT CREATING A LOW-INTEREST LOAN PROGRAM FOR HOMEOWNERS WHO IMPROVE OR REPLACE THEIR HOME HEATING SYSTEMS; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, The City of Homer will be receiving access to natural gas for the first time in 2013 with the construction of a natural gas trunk line into the community; and
WHEREAS, Natural gas has the potential to save homeowners in the Homer area thousands of dollars annually on home heating; and
WHEREAS, It can be very capital intensive for a homeowner to convert their home to natural gas; and
WHEREAS, The expense of conversion will keep many households from being able to realize the positive benefits of natural gas as a fuel source; and
WHEREAS, HB 35 creates a Home Heating Improvement Loan Program to finance the conversion of home heating systems to more efficient systems; and
WHEREAS, The low interest rate and favorable terms of the Home Heating Improvement Loan Program will allow many Alaskans to be able to take advantage of the program; and
WHEREAS, The revolving nature of the loan program established in HB 35 will ensure that the program can benefit Alaskans for years to come.
NOW, THEREFORE, BE IT RESOLVED that the City of Homer supports HB 35 creating a low interest loan program for homeowners who improve or replace their home heating systems and providing for an effective date.
BE IT FURTHER RESOLVED that the City of Homer encourages the Legislature to fund the Home Heating Improvement Loan Program to allow Homer residents to take advantage of the program as natural gas becomes available.
PASSED AND ADOPTED by the Homer City Council this 11th day of February, 2013.
CITY OF HOMER
MARY E. WYTHE, MAYOR
JO JOHNSON, CMC, CITY CLERK
Fiscal Note: N/A