5.4. ERMUSR 05-14-2013 - Laserfiche WebLink

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Section 6 . Initial Board of Directors . The Initial ) Representatives shall be and shall constitute the initial board of directors (herein referred to as the "Board of Directors" and each member of said Board of Directors is herein referred to as a "Director") of the Municipal Power Agency until the first meetings of the Board of Directors and Representatives , at which time the terms of the initial Board of Directors shall expire and the new Board of Directors , selected in accordance with Section 9 (E) hereof , shall take office. Section 7. Registered Office. The address of the registered office of the Municipal Power Agency is One City Hall Plaza, Chaska, MN 55318-1962. The location of the registered office of the Municipal Power Agency may be changed by the Board of Directors upon the filing of a certificate of change of location with the Secretary of State of Minnesota, as provided in Minnesota Statutes, Section 453 .53 ( 5 ) . Section 8 . Members Not Liable . Neither the cities which are Members of the Municipal Power Agency nor the Representatives shall be liable for any of the obligations of the Municipal Power Agency . Section 9 . Other Provisions . The information set forth in ` - ' Sections 1 through 8 , inclusive, of this Agency Agreement is the information required by Section 3 , Subdivision 1 , Paragraphs (1 ) through (8 ) , inclusive , of the Act . In addition, Paragraph ( 9) thereof states that an agency agreement may also include any other provision for regulating the business of an Agency or the conduct of its affairs which may be agreed by the member cities , consistent with the Act. In addition to the provisions set forth in Sections 1 through 8 , inclusive, of this Agency Agreement, each of the Cities (and each of the cities becoming a Member of the Municipal Power Agency after the date hereof ) does hereby agree as follows : (A) Additional Members . Any city organized and existing under the laws of the State of Minnesota or a city charter adopted pursuant thereto , and authorized by or pursuant to such laws or charter to engage in the local distribution and sale of electric energy , may become a party to this Agency Agreement and a Member of the Municipal Power Agency upon the following conditions : ( 1 ) The city shall file with the Board of Directors a certified copy of a Commission Resolution and , if the city is one in which the Commission is not the body charged by law with the general control of the city' s governmental affairs , a City Council Resolution whereby the city (i ) agrees to the provisions of this Agency Agreement and the Bylaws, ( ii ) requests to become a member of the Municipal Power Agency , and ( iii) appoints an initial Representative. - 5