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3/17 Draft: For presentation to Board <br /> Municipal or Cooperative as to the appropriate application of the law determining the <br /> rights and obligations of the parties or compensation and service territory matters and <br /> shall not be offered by the Municipal or Cooperative as evidence in any other <br /> proceeding related to service territory matters; and <br /> WHEREAS, by entering this Agreement the P; ,ies desire to continue the <br /> successful and cooperative relationship between t ..,/li sties, to conduct prudent utility <br /> ��N. <br /> planning and practices, to focus on areas of ;m �nt and to better serve and <br /> benefit the Parties' customers and the region 1r general. <br /> NOW, THEREFORE in consideration of the premises of the mutual <br /> covenants contained herein, the Parties agree as follows: <br /> Article I: Transferof Electric ServiceTerritory Rights <br /> 1.1 The Murncipal, working with the City,has determined to extend electric <br /> y ' <br /> service to areas w thin the city;;limits that are currently located within the assigned <br /> electric serviceterritory of'the Cooperative. The Municipal and the Cooperative have <br /> participated in a serie's;of,meetings to discuss technical requirements and prudent utility <br /> planning for.-such a transition, and divided the total potential territory involved into eight <br /> specific areas. 'The map and description of these eight areas is attached as Exhibit A <br /> (each, a numbered Area orari"Affected Area," and collectively, the "Affected Areas"). <br /> 1.2 The exclusive right and obligation to provide electric service to the <br /> Affected Areas ("Transfer Date") shall be determined as follows. For Area 1, the <br /> Transfer Date shall occur in the year 2015, on a date mutually agreed upon by the <br /> Parties. For Area 2, Transfer Date shall occur in 2016, on a date mutually agreed upon <br /> by the Parties. For the remaining Affected Areas, the Municipal shall provide at least 5 <br /> months advance written notice to the Cooperative of the Transfer Date for the <br /> 2 <br />