ERMU RES 11-01RESOLUTION I I -0 I
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A RESOLUTION OF THE ELK RIVER MUNICIPAL UTILITIES
A RESOLUTION AUTHORIZING PARTICIPATION IN THE BROOKINGS-TWIN
CITIES TRANSMISSION PROJECT AND THE FINANCING WITH CMMPA
BE IT RESOLVED by the Elk River Municipal Utilities Commission, hereinafter
"Commission", as the governing body of the Elk River Municipal Utilities, a Minnesota municipal
utility, of the City of Elk River, Minnesota as follows:
Section 1. It was previously determined that it was in the best interest of the Commission
to utilize the resources and services of the Central Minnesota Municipal Power Agency "CMMPA"
to participate in the development and investment in the acquisition, construction, ownership and
operation of high voltage electrical transmission including negotiation of contracts, planning,
transmission needs studies, transmission arrangements, engineering and technical assistance.
Section 2: The Commission now wishes to properly update and supplement its relationship
with CMMPA and also authorize the Commission's participation in the following project:
Brookings -Twin Cities Transmission Project
Section 3: The Commission does hereby approve Participation in the Brookings-Twin Cities
• Transmission Project and the financing thereof, if any, with the Central Minnesota Municipal Power
Agency with its participation amount not to exceed $7,140,953, without the further action of the
Commission.
Section 4: The CMMPA Brookings-Twin Cities Transmission Project Agreement is hereby
approved. The President (Chairman) and the Secretary are hereby authorized and directed to
execute the Brookings-Twin Cities Transmission Project Agreement for and on behalf of the
Commission, such execution to be final and conclusive evidence of the Commissions' authorization
thereof.
Adopted this 14~' day of March, 2011.
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John ). Dietz, Chair
ATTEST: ~ ~ '°
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Tina Allard, City Clerk