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5.2. ERMUSR 10-10-2006
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5.2. ERMUSR 10-10-2006
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4/1/2009 2:03:48 PM
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City Government
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ERMUSR
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10/10/2006
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ELECTRIC SERVICE AGREEMENT <br />THIS AGREEEMENT, made and entered into this day of , by and <br />between the Elk River Municipal Utilities, a municipal utility organized under the laws of the <br />State of Minnesota ("Municipal Utility"), and UNITED HEALTH GROUP, a Minnesota <br />corporation ("UHG"). <br />WITNESSETH: <br />WHEREAS, UHG is currently contemplating the acquisition of a certain parcel of land <br />depicted on Exhibit A attached hereto (the "site plan") consisting of approximately 19 acres, <br />which platted as " ,Elk Path Business Center, " (the "Property"); <br />WHEREAS, UHG current intention is to construct and operate a technology center on <br />the Property (the "Project"); <br />WHEREAS, UHG would not move forward with the acquisition of the Property and the <br />development of the Project unless it receives adequate assurances that Municipal Utility will <br />use its best efforts to assure that certain levels of electric service will be available to the <br />Project; <br />WHEREAS, UHG has requested that Municipal Utility install a new primary electrical <br />feed for the Project capable of supplying 15 megawatts of power to the Project; and <br />WHEREAS, Municipal Utility has agreed to install the necessary substation and wires <br />to provide the new primary electrical feed as requested by UHG. <br />NOW, THEREFORE, in consideration of the premises and the mutual promises and <br />conditions hereinafter contained, it is hereby agreed as follows: <br />l . Electrical Power. Municipal Utility agrees to use its best efforts to deliver the <br />following electrical service to the property by the dates set forth below (collectively, "Electric <br />Power"): <br />(a) Temporary/Construction Power Power service for construction of the <br />Project with 300 kilowatt, 400 amps, 3 phase, 4 wire, 480 volt service. The <br />capacity for the service is now available at edge of site on Waco St. <br />(b) Emergency Power. Emergency power service to the Project with 500 <br />kilowatt, 600 amps, 3 phase, 4 wire, 480 volt service. The capacity for the <br />service is now available at edge of site on Waco St. <br />
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