7.2. SR 02-20-2007 - Laserfiche WebLink

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BROOKINGS-TWIN CITIES DEVELOPMENT PROJECT AGREEMENT date on which any Monthly Development Project Costs or Monthly Development Project Capital Costs shall become payable, and the last Contract Year shall end at the date of termination of this Agreement as provided in Article 7 of this Agreement. (r) "Development Costs" has the meaning given such term in Attachment 1 of this Agreement. (s) "Development Manager" has the meaning given such term in Attachment 1 of this Agreement. (t) "Development Project" means all actions and activities related to Development Work for the Transmission Project. (u) "Development Project Agreements" mean any and all of the agreements that CMMP A has entered into with other CapX 2020 participants relating to the Development Project, which agreements are set forth in Attachment 5, as the same may be amended from time to time. (v) "Development Project Coordinating Committee" means the committee established pursuant to Section 204 of this Agreement. (w) "Development Project Costs" mean: (1) all costs relating to study and development of the Transmission Project, including Development Costs and related Carrying Costs, preliminary survey, investigation and development costs, engineering, contractors' fees, permits, licenses and approvals, labor, materials, equipment, lands, rights of way, franchises, easements and other interests in land, utility services and supplies, payments to other public agencies, training and testing costs, insurance premiums, fees and expenses of trustees and paying agents, legal and financing costs, administrative and general costs, and all other costs incurred by or on behalf of CMMP A and properly allocable to the development of the Transmission Project, including repayment of any interim borrowing costs to provide for the foregoing; (2) if Bonds are issued by CMMP A on behalf of Agency Participants to finance all or part of the Development Project, funds required for: (a) the deposit or deposits from the proceeds of Bond in any funds or a,ccounts established pursuant to the Bond Resolution as reserves for renewals, replacements, contingencies and working capital; (b) the deposit or deposits from the proceeds of Bonds in any fund or account established pursuant to the Bond Resolution to meet reserve requirements for Bonds; (c) (d) tall costs of issuance, including underwriting fees, bank commitment and letter of credit fees, legal fees, financial advisory fees, engineering fees, bond insurance and indemnity fees, any swap premium or swap termination payment, and any other costs of issuance. C:\Documents and Settings\Bryan\Local Settings\Temporary Internet Files\OLK53\Cap X Brookings 2-12-07 10 c1ean.doc