Shareholders ages 65 and over as of December 7, 2016 will be eligible to receive a $500 Elder dividend. In addition, regular SNC shareholders will receive a dividend of $6.00 per share.
Nome’s Utilities Manager admits he was skeptical about the wind project at first, but with the installation of two Dutch brand EWT 900 turbines and the 18 now fully repaired, smaller vanes, the wind farm can generate up to 30% of the City’s total power needs.
The land purchase agreement transfers two downtown lots from the city to the towers’ current owner, Sitnasuak Native Corporation.
The Nome City Council meets tonight to debate the purchase of property at Anvil Mountain from Sitnasuak Native Corporation.
Over the last five years, donations have kept JROTC afloat. But the district can’t sustain the program any longer — especially as they expect cuts in education funding.
With cuts looming, NPS is preparing two budgets this year — one that assumes everything goes according to plan and another that predicts significant slashes.
Superintendent Shawn Arnold said education funding could face cuts next year, but Sitnasuak has donated nearly $100,000 to the district.
Sitnasuak announced its dividend last month: $6.20 a share for nearly 3,000 shareholders and an extra $500 for each elder with a stake in the business.
The JROTC program will continue after a donation from Sitnasuak. Meanwhile, Superintendent Shawn Arnold may be deployed next summer.
Nome Public Schools is again hoping a donation of of $150,000 from Sitnasuak Native Corporation will fund JROTC; if that doesn’t happen, the district may be forced to eliminate the program.