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oirApA <br /> CMMPA BSPII Finance Plan <br /> Phase 1 : Phase 2: Phase 3: <br /> Development Construction In-Service <br /> ERMU Joins Project Financial Close In-Service <br /> Sept 2009 Fall 2010 Early 2016 <br /> Interim MCMU Financing Permanent Financing <br /> 1 <br /> Current CMMPA ' <br /> Participants <br /> Pay No P & I Start Paying Debt <br /> Pay P & I on Interim ; <br /> Roll interim development ► plus <br /> Financing Only <br /> financing into permanent <br /> financing. Fuel and 0 & M <br /> New Participant (ERMU) <br /> Financing Project Cost and <br /> One-time true-up payment , Interest During <br /> Construction <br /> Plus ongoing monthly <br /> development costs and <br /> interest on true-up. <br />