Laserfiche WebLink
I <br /> (i) Municipal Utility may, in its sole discretion, charge a lower rate to a <br /> I customer which is paying for more than 10.3 megawatts of electricity, <br /> without having to reduce Target's rate; and <br /> I (ii) If Municipal Utility's power suppliers impose a surcharge or <br /> "ratcheted rate" on large power users, which surcharge or rate applies to <br /> Target, Municipal Utilities shall have the right to pass such surcharge or <br /> Iratcheted rate on to Target. <br /> I (c) Target shall pay for one-half of metering facility costs for the Project, <br /> currently estimated to be approximately $15,000, depending on the final <br /> metering arrangement. <br /> I 5. Standards of Power Delivery. Electric Power and energydelivered to <br /> rY <br /> Target by Municipal Utility shall be delivered in compliance with all applicable laws and <br /> Iregulations, and in accordance with the other standards of The Institute of Electrical and <br /> Electronics Engineers, Inc., or, if mandated, such different standard as is applicable to <br /> IMunicipal Utility by operation of federal or state law or regulation. <br /> 6. Notices - All notices and demands specified herein shall be deemed <br /> 1110 appropriately and timely given when delivered personally or deposited in the United <br /> States mail to the addresses hereinafter set forth by certified mail (return receipt <br /> I requested). The addresses of the parties hereto are as follows until changed by written <br /> notice given as above: <br /> I If to Municipal Utility at: Elk River Municipal Utilities <br /> Attn: General Manager <br /> 13069 Orono Parkway <br /> 1 Elk River, Minnesota 55330 <br /> I If to Target at: Target Corporation <br /> Real Estate - Existing Stores <br /> 1000 Nicollet Mall <br /> IMinneapolis, MN. 55403 <br /> with a copy to: Target Corporation <br /> IConstruction Department <br /> Attn: Roger Johnson <br /> I TRTK-0700 <br /> 1000 Nicollet Mall <br /> IPMinneapolis, MN 55403 <br />