6.2. ERMUSR 07-09-2007 - Laserfiche WebLink

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~j Elk River -~ Municipal Utilities 13069 Orono Parkway • P.O. Box 430 Elk River, MN 55330-0430 July 3, 2007 To: Elk River Municipal Utilities Commission Jerry Takle Jerry Gumphrey Jim Tralle From: Bryan Adams Subject: Substation Agreements Phone: 763.441.2020 Fax: 763.441.8099 Elk River Municipal Utilities and United Power Association (UPA), now Great River Energy have an Interconnection Agreement dated May 1, 1988. This agreement provides transmission service to Elk River and purchases capacity and energy from our diesel power plant per the following. 3.01 The interconnection shall be operated continuously interconnected for the purpose of delivering to Elk River the power and energy that is specified in the electric service agreement between Elk River and AEC, and delivering to UPA the power and energy specified in the Power Transaction Agreement. 3.02 A Power Transaction Agreement shall be made in writing between the Parties for the purchase of Elk River's generating capacity by UPA. The Power Transaction Agreement shall specify the amount of power and energy to be purchased and shall be attached hereto and become a part hereof. The term of this agreement is as follows. 5.01 This Agreement shall remain in full force and effect for a period of five (5) years commencing on the effective date of this Agreement, and if not then terminated by at least twenty-four (24) months prior written notice given by either Party to the other, shall continue thereafter in full force and effect until so terminated. The term was later amended to 120 months from 24 months. Our power supply contract thru Connexus Energy is incorporated in the territory acquisition contract. The service territory contract expires 2-28-2011, but the power supply portion of the contract remains in effect until either party gives a 120 month notice to terminate.