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RESOLUTION 11-02 <br />A RESOLUTION OF THE ELK RIVER MUNICIPAL UTILITIES <br />A RESOLUTION AUTHORIZING A TRANSMISSION OWNER SERVICES AND <br />ASSET ASSIGNMENT AGREEMENT WITH CENTRAL MINNESOTA MUNICIPAL <br />POWER AGENCY <br />BE IT RESOLVED by the Elk River Municipal Utilities Commission, hereinafter <br />"Commission", as the governing body of the Elk River Municipal Utilities, a Minnesota <br />municipal utility, of the City of Elk River, Minnesota (hereinafter referred to as "City"), as <br />follows: <br />Section 1. It was previously determined that it was in the best interest of the Commission <br />to utilize the resources and services of the Central Minnesota Municipal Power Agency <br />"CMMPA" to participate in the development and investment in the acquisition, construction, <br />ownership and operation of high voltage electrical transmission including negotiation of <br />contracts, planning, transmission needs studies, transmission arrangements, engineering and <br />technical assistance. <br />Section 2: The Commission now wishes to properly update and supplement its <br />relationship with CMMPA and also authorize the administration by CMMPA of the <br />Commission's participation in and receipt of revenues from such transmission projects as are <br />approved by the Commission and the City and the City's own qualifying transmission facilities <br />which it designates for administration by CMMPA, if any. <br />Section 3: The Commission does hereby approve the Transmission Owner Services and <br />Asset Assignment Agreement with the Central Minnesota Municipal Power Agency dated the <br />20`~ day of April, 20 t 1. <br />