KEA Report Shows Gains For I960;
8 Board Members Reelected, One New
Reporting that Kodiak Electric
Association’s generating plant has
produced more KWH’s and re
corded higher peak demands than
ever before, Leon Johnson, man
ager of the cooperative, gave a fig
ure of 6,868,900 KWH of electricity
produced. The years operation was
highlighted by several other
growth factors, which were out
lined in the manager’s report at
the annual meeting Monday at the
Elks Club.
The year was marked by seventy
one users more than a year ago: by
a large turnover reflected in the
disconnects and reconnects
throughout the year; by a raised
ceiling on funds for renewal and
replacement of equipment; a re
tirement system for employees.
These and a substantial increase in
operating revenue for the year
were noted.
The meeting was attended by
fifty-six voting members and
others. The group voted in eight
former directors and one new one.
Art Brooks was elected to replace
Tom Frost, Jr., retiring member.
President of the Board, Eldon Les
ter, was re-elected. Others were
Bob Dawson, Harry Felton, Jim
Garoutte, Don Lawhead, Pete
Ramaglia, Chuck Powell and Lou
Veerman.
A financial report given by Bob
Dawson, Board member, revealed
the Coop showed an operating mar
gin of $35,609.78, an increase from
$20,468.74 in 1959. Total operating
revenue was given as $348,699.05.
In a further comparison between
1960 and 1959, the KEA showed in
creases in some items and de
creases in others. An increase in
costs for employees’ welfare ex
pense and insurance was shown
from $6,606.08 in 1959, to $11,938
.05 in 1960, due to the retirement
system in effect. Cost of power also
went up, due to the increase in
memberships and greater consump
tion.
Taxes took a sharp drop. They
were listed as $10,312.09 for 1960,
KODIAK PUBLIC
SCHOOL
MENU
March 13 - 17
MONDAY — Baked Beef Hash,
Buttered Corn, Plums, Bread - But
ter - Milk.
TUESDAY — Chili Con Carne,
Cabbage and Carrot Salad, Fruit
Jello, Bread - Butter - Milk.
WEDNESDAY — Escalloped Po
tatoes with Meat, Buttered Green
Beans, Sliced Grapefruit, Bread -
Butter - Milk.
THURSDAY — Meat Balls and
Gravy, Stewed Tomatoes, Rice Cus
tard Pudding, Bread - Butter - Milk.
FRIDAY — Peanut Butter and
Jelly Sandwich, Buttered Lima
Beans, Carrot Sticks, Cherry Cob
bler.
(Soup for High.School)
Kodiak-Aleutian
Realty Services
t Properties
Business
Franchised Dealer for
Lockwall Homes
APPItAISAIS
LIFE INSURANCE
Notary Public
Staff Licensed and Bonded
by
State Real Estate Commission
George H. Cornelius, Broker
For Appointment Call 486-2960
as against $22,142.26 for 1959. This
was due to a new state law which
placed the tax structure on a reve
nue basis, rather than on property.
Total average cost per KWH was
given as $.0495. The year before’s
figure was $.0512.
Number of services billed as of
Dec., 1960 was 1,270. Other inter
esting facts disclosed in the man
ager’s report: There were 943 dis
connects, 1,050 reconnects; discon
nects due to delinquency, 153.
The Coop had to reroute lines to
the ACS receiver station due to the
new municipal airport. It also had
to reroute lines, removing some to
make way for construction of the
thru-way now being planned by the
State Highway Department. It also
had to change 4,000 feet of over
head line to submarine cable along
the ridge on Pillar Mountain, thus
reducing maintenance cost in trans
mitting power to the White Alice
installation.
The City of Kodiak is the biggest
user of electricity, it was brought
out in the report, having a bill for
the year of $19,657.43. The ten
highest, including the City, were
the U. S. Air Force, the U. S. Coast
Guard, Kodiak Schools, O. Kraft
& Son, King Crab, Inc., Donnelley
& Acheson, Alaska Packers Asso
ciation, Alaska King Crab, and
ACS.
A minimum of trouble due to
salt spray was encountered in 1960,
according to Johnson. Most of it,
he said, occurred on the transfor
mer bank serving Kodiak’s small
boat harbor. Ironically, he said,
“we experienced consider able
trouble this year for the same
cause as I was preparing this re
port.” He was referring to the re
cent storm, which caused power
outages in several areas along the
waterfront.
Johnson also commented on the
difference between KEA and REA.
He said many people believe them
the same. “Nothing could be fur
ther from the truth,” he said.
“KEA is not operated by the gov
ernment. The only relationship
(between the two) is banker to
borrower.”
A fund totalling $223,664, set
Curb The Storms
Republican Senator Kenneth
Keating of New York is not saying
he’s going to do something about
the weather . . . But he’s thinking
about it. Keating says he’ll talk
over the problem with the space
administration and, the weather
bureau. As the senator puts it: “It’s
high time some of the miracles of
modern science were turned to the
job of curbing these terrible snow
storms.”
Photography
xj*portraits 6eorge c. Amelgh, Jr.
WEDDINGS . .
pue lance fiKrtcyiafrken
X}>BANQUETS
i ^parties Phone 486-2472
I ^AERIALS * Bdx 1133
: , Kodiak' Alaska
^LANDSCAPES
aside for renewal and replacement
of equipment is invested in govern
ment bonds and interest bearing
savings account, Johnson stated.
Entertainment provided during
the evening were the showing of
two films, the “King Crab Story,”
and a film on the Alaska Steamship
Company. Door prizes were won by
three members present. These
were: a TV set, won by A1 Hoch
berger; electric blanket, by Thelma
Johnson; and an electric toaster,
by Lloyd Blondin.
Refreshments were served fol
lowing the meeting by Tommy Gal
lagher.
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T0R «£«£ **|CH
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New Shipments of..
Coats Dresses Suits
Hats and Bags
Everything For Your
Easter Needs
KRAFT’S DRYGOODS