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09(25/2000 07:44 6125762770 CITY OF ANOKA FINANC PAGE 02 <br /> • Resolution No. 1992-24 <br /> Page Two 4934 <br /> • <br /> WHEREAS, the Act provides that the Municipal Power <br /> Agency shall have certain rights and powers as enumerated <br /> therein, all of which the City of Anoka desires to exercise <br /> by forming and participating in a Municipal Power Agency; <br /> and <br /> WHEREAS, the Act and the Agency Agreement state that <br /> Members of such Municipal Power Agency shall have no <br /> pecuniary liability as such Members, except as enumerated in <br /> Section 9 (I) of such Agency Agreement relating to <br /> assessments; and <br /> WHEREAS, the City of Anoka is authorized by the 'laws of <br /> the State of Minnesota and its City Charter to distribute <br /> and sell electric energy: and <br /> WHEREAS, this body is the "City Council" of the City of <br /> Anoka and is also the "Governing Body" with respect to the <br /> City of Anoka, Minnesota, within the meaning of the Act; and <br /> WHEREAS, the Council has reviewed a proposed form of <br /> Agency Agreement between and among the City of Anoka and one <br /> or more Minnesota cities as referred to in such Agency <br /> Agreement which creates and establishes the Municipal Power <br /> Agency. <br /> NOW, THEREFORE, IT IS HEREBY RESOLVED by the Council of <br /> the City of Anoka: <br /> 1. The participation of the City of Anoka in the <br /> creation and formation of the Municipal Power <br /> 2 5/11/92 <br /> • <br /> MMPA-00450 <br /> SEP 26 '00 15:16 6125762770 PAGE.02 <br />