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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 CAPX Brookings 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 />ri*ogw[eto 0 <br />3 . Page 3 of 3 1 VATVRE <br />Rellable Public <br />Power Provider POWERED To S E e v E <br />42 <br />