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The original $1,993,134 investment in direct costs that ERMU is currently under agreement for results in <br />$2,246,896 in total debt supported. The return on this investment through the CMMPA bonding is <br />designed to provide approximately $45,770 annually over the 40 year project life. <br />The option for increasing the investment allocation would have a maximum direct cost of $6,489,038 and <br />result in $7,509,173 in maximum total debt supported. The return on this increased allocation investment <br />through CMMPA bonding is designed to provide approximately $124,102 annually over the 40 year <br />project life. <br />Representatives from CMMPA will provide a detailed financial overview for the City Council and Utilities <br />Commission at the time of the meeting. <br />ATTACHMENTS <br />• CAPX2020 Brookings -Twin Cities Transmission Project — Project Overview <br />• CAPX2020 Brookings -Twin Cities Transmission Project — CMMPA Downstream Agreement <br />• CAPX2020 Brookings -Twin Cities Transmission Project — Commission Resolution <br />• CAPX2020 Brookings -Twin Cities Transmission Project — Council Resolution <br />Action Motion by Second by Vote <br />Follow Up <br />