6.1. SR 03-07-2011 - Laserfiche WebLink

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BROOKINGS - TWIN CITIES TRANSMISSION PROJECT AGREEMENT (iii) enter into any agreement or other arrangement obligating it to provide funding for a Discretionary Upgrade. Section 403. Actions Not Subject to Requirements of Section 402. The Participant acknowledges and agrees that CMMPA's obligations under Section 402(b) are applicable only to the actions enumerated in Section 402(b), and that no cost limit or need for prior approval of the Participant or the Transmission Project Coordinating Committee applies to other matters related to the Transmission Project, including, without limitation, (i) costs incurred in connection with Mandatory Upgrades, (ii) Monthly Transmission Project Costs, (iii) changes to CMMPA Percentage Interest that do not constitute Elective Increases to CMMPA Percentage Interest, (iv) CMMPA's obligations to the other Owners under the Upstream Project Agreements related to liability for third -party claims and indemnification of the other Owners, or (v) any other obligations imposed on CMMPA by Other Instruments. Section 404. Transmission Project Decisions; Transmission Project Coordinating Committee. (a) Except as expressly provided otherwise in this Agreement, the CMMPA Board of Directors shall have the authority and responsibility to make decisions on behalf of the Participants with respect to all Transmission Project- related matters. Within the decision - making process, CMMPA shall consider the individual needs and desires of the Participants, as well as the needs and desires of the Participants collectively, with respect to the Transmission Project, consistent with CMMPA's requirements, obligations or covenants pursuant to the Other Instruments or legal requirements and documents related to other projects of CMMPA. (b) Promptly following the effective date of this Agreement, a Transmission Project Coordinating Committee shall be established, consisting of representatives appointed by the Participants (one for each), as well as one non - voting staff person of CMMPA appointed by the CMMPA Board of Directors. The Transmission Project Coordinating Committee shall meet as necessary to discuss the administration of the Transmission Project and shall make recommendations to the CMMPA Board of Directors regarding decisions to be made about the Transmission Project. The Transmission Project Coordinating Committee shall elect a chairperson, who shall serve as liaison to the CMMPA Board of Directors. A meeting of the Transmission Project Coordinating Committee may be called by the chairperson or at the request of at least two Participants. (c) Except as provided in Section 404(d), (i) each Participant representative on the Transmission Project Coordinating Committee shall have one vote, (ii) the affirmative votes of over 50% of the Participant representatives on the Transmission Project Coordinating Committee shall be required for the Transmission Project Coordinating Committee to take action, and (iii) no vote, recommendation, or other action of the Transmission Project Coordinating Committee shall be binding on CMMPA or the CMMPA Board of Directors. 14