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4.2. ERMUSR HANDOUT 07 12 2011 CITY COUNCIL RESOLUTION NO. BE IT RESOLVED by the City Council of the City (hereinafter referred to as "City"), as follows: Section 1: It was previously determined that it was in the best interest of the City to participate in the Brookings-Twin Cities Transmission Project and the City previously approved participation in the Brookings-Twin Cities Transmission Project through the Central Minnesota Municipal Power Agency with a participation amount not to exceed $ without further action of the City. Section 2: An opportunity has arisen to acquire an additional participation interest (election share) in the Brookings-Twin Cities "Cransmission Project from the City of Delano, which has decided not to participate in the Brookings-Twin Cities Transmission Project. Pursuant to the terms of an Agreement to Transfer Election Share, the parties to said Agreement, being the City of Delano, the Central Minnesota Municipal Power Agency and five (5) other cities already participating in the Brookings-Twin Cities Transmission Project, Delano will assign its participation interest (election share) to six (6) cities, including who are already participating in the Project. Section 3: The additional cost to acquire a portion of the City of Delano's election share, when aggregated with the amount already approved by the City for participation in the Brookings-Twin Cities Project, does not exceed the total amount authorized in the previous resolution. Section 4: The City does hereby approve the Agreement to Transfer Election Share to be entered into with the Central Minnesota Municipal Power Agency, the City of Delano and five (5) other cities already participating in the Brookings-Twin Cities Transmission Project. Section 5: The additional expenditure necessary to acquire a portion of the City of Delano's participation share in the Brookings-Twin Cities Transmission Project is hereby authorized. Section 6: The Agreement to Transfer Election Shaze is hereby approved in the form presented at this meeting. The Mayor and hereby authorized and directed to execute such Agreement to Transfer Election Share for and on behalf of the City, the same to be exclusively evidenced by such execution. Adopted this day of , 2011. Mayor ATTEST: By: Its CERTIFICATE I. of the the City do hereby certify that attached hereto is a true and correct copy of a resolution (other than the exhibits thereto) duly adopted by the City Council at a meeting duly held on the day of , 2011, notice of such meeting having been given in accordance with law and at which meeting a quorum was present and acting throughout. I also do hereby certify that such resolution has not been amended in any way from the date of such adoption to the date hereof. IN WITNESS WHEREOF I have hereunto set my hand this 2011. CITY OF By day of Its PUBLIC UTILITIES COMMISSION RESOLUTION BE IT RESOLVED by the "Commission", as the governing body of the Public Utilities, a Minnesota municipal utility, of the City of ,Minnesota (hereinafter referred to as "City"), as follows: Section L It was previously determined that it was in the best interest of the City to participate in the Brookings-Twin Cities Transmission Project and the Commission previously approved participation in the Brookings-Twin Cities Transmission Project through the Central Minnesota Municipal Power Agency with a participation amount not to exceed $ without further action of the Commission. Section 2: An opportunity has arisen to acquire an additional participation interest (election share) in the Brookings-Twin Cities Transmission Project from the City of Delano, which has decided not to participate in the Brookings-Twin Cities Transmission Project. Pursuant to the terms of an Agreement to Transfer Election Share, the parties to said Agreement, being the City of Delano, the Central Minnesota Municipal Power Agency and five (5) other cities already participating in the Brookings-Twin Cities Transmission Project, Delano will assign its participation interest (election share) to six (6) cities, including who are already participating in the Project. Section 3: The additional cost to acquire a portion of the City of Delano's election share, when aggregated with the amount of participation already approved by the Commission in the Brookings-Twin Cities Project, does not exceed the total amount authorized in the previous Public Utilities Commission, hereinafter resolution. Section 4: The Commission does hereby approve the Agreement to Transfer Election Share to be entered into with the Central Minnesota Municipal Power Agency, the City of Delano and five (5) other cities already participating in the Brookings-Twin Cities Transmission Project. Section 5: The additional expenditure necessary to acquire a portion of the City of Delano's participation share in the Brookings-Twin Cities Transmission Project is hereby authorized. Section 6: The President (Chairman) and the Secretary are hereby authorized and directed to execute the Agreement to Transfer Election Share for and on behalf of the Commission, the same to be exclusively evidenced by such execution. Adopted this day of , 201 I . Attest: CERTIFICATE I, the of the Public Utilities Commission, do hereby certify that attached hereto is a true and correct copy of a resolution (other than the exhibits thereto) duly adopted by the Commission at a meeting duly held on the day of _, 2011 notice of such meeting having been given in accordance with law and at which meeting a quorum was present and acting throughout. I also do hereby certify that such resolution has not been amended in any way from the date of such adoption to the date hereof. IN WITNESS WHEREOF I have hereunto set my hand this day of 2011.