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FINANCIAL IMPACT: <br /> There is no additional financial impact beyond what had been previously approved through <br /> Utilities Commission and City Council resolutions. The approval to increase ownership <br /> allocation in the Brookings Project will not increase the ownership value to be higher than the <br /> previously approved $7,140,953 not to exceed amount. The approval to increase ownership will <br /> have an increase in the return on investment. <br /> ACTION REQUESTED: <br /> • Adoption of a resolution appointing Troy Adams, P.E. — ERMU General Manager as the <br /> Transmission Project Coordinating Committee representative and authorizing the <br /> appointed representative to vote in favor of the increase in project ownership. <br /> ATTACHMENTS: <br /> • CMMPA's spreadsheet: Increase in CAPXBrookings Entitlements Due to Big Stone <br /> Swap <br /> • Proposed resolution appointing a Transmission Project Coordinating Committee <br /> representative for the CAPX2020 Brookings Project Agreement with CMMPA <br /> • Proposed certificate for the resolution <br /> I <br /> >I ' POWERED Ill <br /> . '3 Page 3 of 3 3 INATURE <br /> Reliable Public P owe RE To SERVE <br /> 42 <br />