2.4. ERMUSR 09-08-2015 - Laserfiche WebLink

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Municipal or Cooperative as to the appropriate application of the law determining the rights and obligations of the parties or compensation and service territory matters and shall not be offered by the Municipal or Cooperative as evidence in any other proceeding related to service territory matters; and WHEREAS, by entering this Agreement the Parties desire to continue the successful and cooperative relationship between the utilities, to conduct prudent utility planning and practices, to focus on areas of mutual interest, and to better serve and benefit the Parties' customers and the region in general. NOW, THEREFORE in consideration of the premises and of the mutual covenants contained herein, the Parties agree as follows: Article I: Transfer of Electric Service Territory Rights 1.1 The Municipal, working with the City, has determined to extend electric service to areas within the city limits that are currently located within the assigned electric service territory of the Cooperative. The Municipal and the Cooperative have participated in a series of meetings to discuss technical requirements and prudent utility planning for such a transition, and divided the total potential territory involved into eight specific areas. The map and description of these eight areas is attached as Exhibit A (each, a numbered Area or an "Affected Area," and collectively, the "Affected Areas"). 1.2 The exclusive right and obligation to provide electric service to the Affected Areas ("Transfer Date") shall be determined as follows. For Area 1, the Transfer Date shall occur in the year 2015, on a date mutually agreed upon by the Parties. For Area 2, Transfer Date shall occur in 2016, on a date mutually agreed upon by the Parties. For the remaining Affected Areas, the Municipal shall provide at least 5 months advance written notice to the Cooperative of the Transfer Date for the 2 51