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HomeMy WebLinkAboutReso 1990-131 - Approving the transmission agency of northern california project i 4 RESOLUTION NO. 90-131 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING THE TRANSMISSION AGENCY OF NORTHERN CALIFORNIA PROJECT AGREEMENT NO. 3 FOR THE CALIFORNIA-OREGON TRANSMISSION PROJECT, AND AUTHORIZING THE MAYOR TO SIGN. WHEREAS , the Members of the Transmission Agency of Northern California (TANC) have developed Project Agreement No. 3 (Agreement) to set forth the Members ' rights and obligations with regard to the construction and operation of the California-Oregon Transmission Project; and WHEREAS, on February 21 , 1990 , by Resolution No. 90-18 , the TANC Commission approved said Agreement, and directed that the execution copies of the Agreement refer only to TANC Members that adopt resolutions authorizing execution before April 15 , 1990; and further directed that such execution copies contain appropriate adjustment of Member Participation Percentages in the event some Members fail to adopt such authorizing resolutions; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding as follows: 1 . That the foregoing recitals are true and correct. 2 . That the City Council of the City of Redding hereby approves TANC Project Agreement No. 3 for the California-Oregon Transmission Project. 3 . That the Mayor of the City of Redding is hereby authorized and directed to execute on behalf of the City of Redding, and the City Clerk is hereby authorized and directed to attest the signature of the Mayor and to impress the official seal of the City of Redding thereto: (1) an execution copy of said Project Agreement No. 3 that is prepared in the manner 411 S provided for in TANC Resolution No. 90-18 , a copy of which is attached hereto and incorporated herein by this reference; and (2) such amendments and supplements to said Project Agreement No. 3 as either such officer determines , with the advice of counsel , to be necessary or appropriate from time-to-time hereafter to cure any ambiguity or eliminate superfluous provisions or to correct or supplement any defective provision in said Project Agreement No. 3 . I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 20th day of March , 1990 , and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Buffum, Fulton, Johannessen, & Carter NOES : COUNCIL MEMBERS : None ABSENT: COUNCIL MEMBERS: Dahl ABSTAIN: COUNCIL MEMBERS : None 61-g SCOTT CARTER, Mayor City of Redding ATTEST: ETHEL A. NICHOLS , City Clerk FORM PPROVED: RANDALL A. HAYS , City Attorney -2- • S 1 2 3 4 5 6 7 8 9 10 11 12 TRANSMISSION AGENCY OF 13 NORTHERN CALIFORNIA 14 PROJECT AGREEMENT NO. 3 15 FOR THE 16 CALIFORNIA-OREGON TRANSMISSION PROJECT 17 18 19 20 21 22 23 24 25 26 27 28 2/23/90 11 4 • 1 TRANSMISSION AGENCY OF NORTHERN CALIFORNIA 2 PROJECT AGREEMENT NO. 3 3 FOR THE 4 CALIFORNIA-OREGON TRANSMISSION PROJECT 5 6 7 8 AMONG 9 THE TRANSMISSION AGENCY OF NORTHERN CALIFORNIA 10 THE CITY OF ALAMEDA 11 THE CITY OF HEALDSBURG 12 THE CITY OF LODI 13 THE CITY OF LOMPOC 14 THE MODESTO IRRIGATION DISTRICT 15 THE CITY OF PALO ALTO 16 THE PLUMAS-SIERRA RURAL ELECTRIC COOPERATIVE 17 THE CITY OF REDDING 18 THE CITY OF ROSEVILLE 19 THE SACRAMENTO MUNICIPAL UTILITY DISTRICT 20 THE CITY OF SANTA CLARA 21 THE TURLOCK IRRIGATION DISTRICT 22 THE CITY OF UKIAH 23 24 25 26 27 28 • • 1 TRANSMISSION AGENCY OF NORTHERN CALIFORNIA 2 PROJECT AGREEMENT NO. 3 3 FOR THE 4 CALIFORNIA-OREGON TRANSMISSION PROJECT 5 TABLE OF CONTENTS 6 7 SECTION PAGE 8 Preamble 1 9 Recitals 1 10 1 Definitions 4 11 2 Project Participation and Authorization . . 12 12 3 Duties and Responsibilities of TANC During 13 Phase II and Phase III 15 14 4 Obligations of Members During Phase II and 15 Phase III 20 16 5 Term, Termination, and Amendments 26 17 6 Default 27 18 7 Use of Transfer Capability 30 19 8 Scheduling 33 20 9 Insurance and Indemnification 34 21 10 Compliance with Other Instruments 34 22 11 Liability of TANC Officers 34 23 12 Notice and Computation of Time 35 24 13 Applicable Law 36 25 14 Severability 36 26 15 Members' Right to Withdraw 36 27 16 Assignment of Agreement 41 28 17 Members' Obligations Several . . . . . . . '41 E -i- s • r 1 18 Trustee as a Third Party Beneficiary . . . 41 2 19 Appendices 42 3 20 Waiver 42 4 21 Captions 42 5 22 Billing and Payment 42 6 23 Distribution of Assets 44 7 24 Counterparts 44 8 25 Signatures 44 9 10 Memorandum of Understanding APPENDIX A 11 Memorandum of Understanding Annex APPENDIX B 12 Participation Percentages APPENDIX C 13 Prescheduling of Transmission Use 14 and Curtailment Notification 15 Procedures APPENDIX D 16 Billing Addresses of the Parties APPENDIX E 17 18 19 20 21 22 23 24 25 26 27 28 -ii- • • 1 PREAMBLE 2 3 This Project Agreement No. 3 is made and entered into as of 4 March 1, 1990, by and among the Transmission Agency of Northern 5 California, hereinafter referred to as "TANC" ; and the Cities of 6 Alameda, Healdsburg, Lodi, Lompoc, Palo Alto, Redding, Roseville, 7 Santa Clara, and Ukiah; the Sacramento Municipal Utility 8 District; the Modesto Irrigation District; the Turlock Irrigation 9 District; and the Plumas-Sierra Rural Electric Cooperative. 10 11 12 RECITALS 13 14 WHEREAS: 15 A. On December 10, 1984, TANC was duly established as a 16 joint powers agency, pursuant to Section 6500. et seq. of the 17 California Government Code, by an agreement among the Members 18 entitled "Joint Powers Agreement, Transmission Agency of Northern 19 California"; and 20 B. TANC, in its own name, or for the benefit of its 21 Members, has the power to acquire by purchase or eminent domain, 22 construct, finance, operate and maintain facilities for electric 23 power transmission including, without limitation, the power to 24 purchase, lease, operate, develop, contract for, or own, new or 25 upgraded transmission lines, and facilities for the benefit of 26 the Members; and 27 C. Each Member of TANC owns and operates a system for the 28 distribution of electric power and energy, and is authorized to -1- 110 1 obtain transmission facilities or rights to use transmission 2 facilities for its present or future requirements, through 3 contracts with TANC or otherwise; and 4 D. TANC, on behalf of its Members, executed the 5 December 19, 1984, "Memorandum of Understanding, California- 6 Oregon Transmission Project, " among certain California entities 7 and the Western Area Power Administration, which sets forth 8 principles for the development of the California-Oregon 9 Transmission Project including the designation of TANC as Project 10 Manager; and 11 E. The Members of TANC entered into the June 19, 1985, 12 "Project Agreement" for the purposes of issuing and selling a 13 promissory note for financing studies and other preliminary costs 14 to be incurred prior to making a decision, after environmental 15 and other review, of whether to undertake construction of the 16 California-Oregon Transmission Project; and 17 F. The Members of TANC entered into the September 30, 1985, 18 "TANC Project Agreement No. 2 for the California-Oregon 19 Transmission Project" for the purpose of refinancing the 20 promissory note and to fund certain feasibility and planning 21 studies, and to provide for TANC's share of the costs for Project 22 Development Work for the California-Oregon Transmission Project; 23 and 24 G. TANC, on behalf of its Members, executed the 25 September 30, 1985, "California-Oregon Transmission Project 26 Development Agreement" for the purpose of completing required 27 activities such as obtaining approvals, certificates, licenses 28 and permits as required by law and regulation before undertaking -1- • 111 1 construction of the Project; and 2 H. TANC, on behalf of its Members, entered into the 3 Memorandum of Understanding Annex dated February 6, 1986, with 4 the initial Participants and additional non-federal public 5 entities which allocated a 3. 125 percent Project entitlement 6 among the additional Participants and re-allocated the remaining 7 entitlement among the initial Participants; and 8 I. The Members of TANC desire to authorize TANC to 9 undertake additional responsibilities as a Participant in the 10 California-Oregon Transmission Project on behalf of the Members, 11 and recognize the desire of all Participants in the California- 12 Oregon Transmission Project for TANC to perform the duties of 13 Project Manager, including the duties and responsibilities 14 described in the "Memorandum of Understanding, California-Oregon 15 Transmission Project, " and the "Project Participation Agreement, " 16 as defined in this Agreement; and 17 J. On January 20, 1988, TANC certified the Final 18 Environmental Impact Report for the California-Oregon 19 Transmission Project, the Los Banos-Gates Transmission Project, 20 and the Pacific Northwest Reinforcement Project, made findings 21 pursuant to the California Environmental Quality Act, and 22 approved the California-Oregon Transmission Project; and 23 K. Each Member executing this Agreement has participated in 24 the preparation and review of the Draft Environmental Impact 25 Report and has reviewed and approved the Final Environmental 26 Impact Report for the California-Oregon Transmission Project and 27 adopted the findings made by TANC as lead agency for the 28 California-Oregon Transmission Project. • 410 1 2 NOW, THEREFORE, in consideration of the mutual covenants and 3 conditions set forth in this Agreement, TANC and the Members 4 agree as follows: 5 6 1. DEFINITIONS 7 Whenever used in this Agreement, the following terms shall 8 have the following meanings. The singular of any term shall 9 include the plural and the plural shall include the singular. 10 1. 1 "Acquisition and Construction Work" - Any work 11 necessary or useful for acquisition and construction of the 12 Project, including procurement of materials and any land or 13 rights in land in connection therewith; and, in addition, that 14 work to be done pursuant to or in the negotiation of the Intertie 15 Agreements for: management and administrative services; 16 economic, legal, engineering, and other activities; and services 17 which may be necessary or convenient in connection with the 18 Intertie Agreements. 19 1.2 "Addition" - A new facility, other than a Betterment 20 or Replacement, that is added to the Project, together with 21 associated land rights, if any. 22 1.3 "Agreement" - This Project Agreement No. 3 among the 23 Members and TANC, as amended and supplemented from time to time 24 in accordance with the terms hereof. 25 1.4 "Betterment" - A new facility, other than a 26 Replacement, together with associated land rights, if any, which 27 will increase the "Rated Project Transfer Capability" (as that 28 term is defined in the Intertie Agreements) above the then- • • 1 current Rated Project Transfer Capability or sixteen hundred 2 (1600) megawatts, whichever is less. 3 1.5 "Closing Date" - The date of each issuance of TANC 4 Project Indebtedness, as determined and announced by written 5 notice from TANC to all TANC Members, as further described in 6 Section 4.1.1. 7 1.6 "Debt Service" - With respect to any period, the 8 aggregate of the amounts required by each Indenture to be paid 9 during said period into any fund or account created by the 10 Indenture for the sole purpose of paying or providing reserves 11 for paying the principal (including sinking fund installments) of 12 and premium, if any, and interest on all the Indebtedness from 13 time to time outstanding; provided, however, that Debt Service 14 shall not include any amounts on account of acceleration of the 15 maturity of any Indebtedness. 16 1.7 "Electric System" - All properties and assets, real 17 and personal, tangible and intangible, of any Member (whether 18 leased or owned) now or hereafter existing, used for or 19 pertaining to the generation, transmission, transformation, 20 distribution and sale of electric capacity and energy, including 21 all additions, extensions, expansions, improvements and 22 betterments thereto and equipping thereof; provided, however, 23 that to the extent the Member is a joint owner of an asset or 24 property, only the Member's ownership interest in such asset or 25 property shall be considered to be part of its Electric System. 26 1.8 "Executive Committee" - A committee appointed by the 27 TANC Commission to which it may delegate certain responsibilities 28 as provided in resolutions duly adopted by the TANC Commission S 1 pursuant to the Joint Powers Agreement. 2 1.9 "Fiscal Year" - The twelve-month period terminating on 3 September 30 of each year, or any other annual accounting period 4 hereafter selected and designated by TANC as its Fiscal Year for 5 purposes of this Agreement and each Indenture. 6 1.10 "Indebtedness" - Bonds, notes or other evidences of 7 indebtedness (including, without limitation, contracts relating 8 to letters of credit or other credit enhancement devices and 9 long-term contracts which are characterized as debt by TANC at or 10 prior to execution thereof) issued or otherwise incurred or 11 entered into by or on behalf of TANC in connection with the 12 Project. For purposes of this Agreement, Indebtedness shall be 13 considered outstanding as of any date if such Indebtedness has 14 not been paid or if provision for the payment of the principal of 15 and interest on such Indebtedness has not been made in accordance 16 with the Indenture pursuant to which such Indebtedness has been 17 issued or incurred. 18 1.11 "Indenture" - One or more indentures or other 19 instruments approved or adopted by TANC providing for the 20 issuance or incurring of Indebtedness. 21 1.12 "Interest Charge" - That charge against unpaid amounts 0 22 due and owing in accordance with this Agreement assessed at an 23 annual interest rate compounded monthly equal to the lesser of 24 (i) two percent (2%) plus the applicable first of the month 25 reference rate or successor, of the Bank of America N.T. & S.A. , 26 San Francisco, California, in effect from time to time during the 27 period over which the payment is overdue or (ii) the .maximum 28 interest rate permitted bylaw. ' :_ C • • 1 1.13 "Intertie Agreements" - Agreements related to the 2 Project which have been or which may be entered into by TANC and 3 some or all of the other Participants, which include, but are not 4 limited to, the MOU, the Project Development Agreement, the 5 Project Participation Agreement, any amendments to the foregoing 6 agreements, and other agreements related to the Project entered 7 into by TANC as Project Manager or by TANC on behalf of the 8 Members. 9 1.14 "Joint Powers Agreement" - The Joint Powers Agreement, 10 Transmission Agency of Northern California, dated December 10, 11 1984, which established TANC as a joint powers agency pursuant to 12 Section 6500 et seq. of the California Government Code, as 13 amended and supplemented from time to time. 14 1.15 "Management Committee" - A committee as described in 15 the MOU and further described in the Intertie Agreements. 16 1.16 "Member" - Any of the Cities of Alameda, Healdsburg, 17 Lodi, Lompoc, Palo Alto, Redding, Roseville, Santa Clara, and 18 Ukiah; the Sacramento Municipal Utility District; the Modesto 19 Irrigation District; the Turlock Irrigation District; or the 20 Plumas-Sierra Rural Electric Cooperative, which, at any given 21 point in time, is a party to the Joint Powers Agreement and 22 retains its rights and interests under this Agreement. 23 1.17 "MOU" - The Memorandum of Understanding, California- 24 Oregon Transmission Project, dated December 19, 1984, among the 25 Participants, the Department of Water and Power of the City of 26 Los Angeles, and the California Department of Water Resources, as 27 modified by the Memorandum of Decision of the United States 28 Secretary of Energy, dated 'February 7, 1985, as interpreted by • • 1 the letter of the United States Department of Energy Acting 2 General Counsel, dated May 4, 1985, a copy of which is attached 3 hereto as Appendix A, as amended by the Memorandum of 4 Understanding Annex, and as it may be further amended. 5 1.18 "Memorandum of Understanding Annex" - The agreement 6 among the Participants, the California Department of Water 7 Resources, and the Department of Water and Power of the City of 8 Los Angeles executed on February 6, 1986 which modified the MOU 9 and allocated a 3. 125 percent Project entitlement to certain non- 10 federal public entities set out at 50 Fed. Reg. 42769 (1985) and 11 simultaneously reduced the existing Participants' entitlements by 12 a corresponding percentage, a copy of which is attached hereto as 13 Appendix B. 14 1.19 "Operating Accent" - The Participant designated in the 15 Intertie Agreements to have the duties and responsibilities for 16 the overall operation and maintenance of the Project. 17 1.20 "Opposing Member" - A Member which votes against a 18 Betterment or Addition in accordance with Section 3.1.2.2.1 or 19 3.1.2.2.2. 20 1.21 "Participants" - Those entities, including TANC, which 21 have interests in the Project through execution of the Intertie 22 Agreements. 23 1.22 "Participation Percentage" - That percentage of TANC's 24 entitlement to Transfer Capability which an individual Member of 25 TANC has the right to use as set forth in Appendix C of this 26 Agreement. Such percentages may be modified pursuant to Sections 27 2.3, 3.1.2.2, 6, and 15. 28 1.23 "PDA" Project Development Agreement. I4 4 • 411 1 1.24 "Phase" or "Phases" - Those activities of the Project 2 described in Section 2.2. 3 1.25 "Proiect" - The California-Oregon Transmission 4 Project, which consists of electric transmission facilities 5 between California and the Pacific Northwest, as such Project is 6 generally described in, and as changed pursuant to, the Intertie 7 Agreements. 8 1.26 "Project Development Agreement" - That agreement among 9 the Participants dated September 30, 1985, which provides, inter 10 alia, for the Participants to share the costs of Project 11 Development Work. 12 1.27 "Project Development Work" - That work described in 13 Appendix A of the PDA, or consistent with and within the scope of 14 Appendix A of the PDA and approved by the Management Committee to 15 be performed in accordance with the PDA. 16 1.28 "Project Manager" - The entity designated by the 17 parties to the MOU and the Intertie Agreements which has the 18 overall management responsibility for the Acquisition and 19 Construction Work of the Project. 20 1.29 "Project Participation Agreement" - That agreement 21 which may be executed by those Participants electing to proceed 22 with Phase II and Phase III of the Project, as it may be modified 23 and supplemented in accordance with the terms thereof. 24 1.30 "Replacement" - A new facility that is intended to be 25 a direct replacement for an existing facility, which is designed 26 primarily to maintain the existing operational reliability or 27 capability of the Project, irrespective of whether the 28 replacement results in an incidental increase i he "Rated 1i -9- • • 1 Project Transfer Capability" (as that term is defined in the 2 Intertie Agreements) , and which results in a "retirement unit" 3 being substituted for another such retirement unit. As used 4 herein, "retirement unit" shall mean property as defined in 5 Section 15060 of the Federal Energy Regulatory Commission Uniform 6 System of Accounts Prescribed for Public Utilities and Licensees 7 Subject to the Provisions of the Federal Power Act, or its 8 successor document. 9 1.31 "Revenues" - All income, rents, rates, fees, charges, 10 and other moneys derived by a Member from the ownership or 11 operation of its Electric System, including, without limiting the 12 generality of the foregoing (i) all income, rents, rates, fees, 13 charges, or other moneys derived from the sale, provision, and 14 supply of electric capacity and energy and other services, 15 facilities, and commodities sold, furnished, or supplied through 16 the facilities of the Electric System, (ii) the earnings on and 17 income derived from the investment of such income, rents, rates, 18 fees, charges, or other moneys to the extent that the use of such 19 earnings and income is limited to the Electric System by or 20 pursuant to law and (iii) the proceeds derived by such Member 21 directly or indirectly from the sale, lease, or other disposition 22 of a part of the Electric System as permitted hereby; but the 23 term "Revenues" shall not include customers' deposits or advances 24 subject to refund or contributions in aid of construction until 25 such deposits, advances, or contributions have become the 26 property of the Member. 27 1.32 "TANC Capital. Improvement Costs" - Those costs 28 incurred in connection with Phase III of the Project allocable to -10- • 411 1 TANC for the purpose of making Additions, Betterments, or 2 Replacements to the Project and such other costs relating to 3 capital improvements to the Project properly chargeable to TANC 4 pursuant to the Intertie Agreements. 5 1.33 "TANC Commission" - The governing body of TANC as 6 described in the Joint Powers Agreement. 7 1.34 "TANC Coordinator" - An entity appointed by TANC to, 8 inter alia, coordinate the Members' use of TANC's entitlement to 9 Transfer Capability. 10 1.35 "TANC Project Costs" - Those costs incurred in 11 connection with Phase II of the Project allocable to TANC and 12 such other costs relating to the acquisition and construction of 13 the Project properly chargeable to TANC pursuant to the Intertie 14 Agreements. 15 1.36 "TANC Project Indebtedness" - That Indebtedness to be 16 issued by TANC to finance TANC Project Costs, TANC Project O&M 17 Costs, TANC Capital Improvement Costs, and such other costs as 18 are described in Section 4.1.3.1. 19 1.37 "TANC Project O&M Costs" - Those costs incurred in 20 connection with Phase III of the Project allocable to TANC which 21 are necessary to operate and maintain the Project, such other 22 costs relating to the operation and maintenance of the Project 23 properly chargeable to TANC pursuant to the Intertie Agreements, 24 and costs of the TANC Coordinator. TANC Project O&M costs shall 25 not include TANC Project Costs or TANC Capital Improvement Costs. 26 1.38 "Transfer Capability" - The ability of the Project or 27 a segment thereof to transmit power, expressed in megawatts, as 28 determined in accordance with the Intertie Agreements. As used • • • 1 in this Agreement, the term "Transfer Capability" can refer to a 2 rated amount or an amount available at any given time, as 3 appropriate in the context in which such term is used. TANC and 4 its Members acknowledge that there may be times when available 5 Transfer Capability is less than the rated amount for the Project 6 or a segment thereof. 7 1.39 "Trustee" - Any trustee, including any successor 8 trustee, under an Indenture. 9 10 2 . PROJECT PARTICIPATION AND AUTHORIZATION 11 2.1 Scope - TANC is hereby authorized and directed to act 12 on behalf of the Members in activities related to Phase II and 13 Phase III of the Project, as more fully described below, as a 14 Participant pursuant to the Intertie Agreements, subject to 15 procedures for Member approval and authorization established by 16 the TANC Commission pursuant to this Agreement and the Joint 17 Powers Agreement. TANC is also hereby authorized to fulfill its 18 duties and responsibilities as Project Manager or under any other 19 management role pursuant to the Intertie Agreements. 20 2.2 Phases - The Project shall proceed in accordance with 21 the following activities: 22 2.2.1 Phase I activities consist of Project 23 Development Work; 24 2.2.2 Phase II activities consist of Acquisition and 25 Construction Work; 26 2.2.3 Phase III activities consist of operation, 27 maintenance, Additions, Betterments, Replacements, and the 28 retirement or disposal of the Project. -12- • • 1 to revise the Participation Percentages set forth in 2 Appendix C without an amendment to this Agreement, subject 3 to the following conditions: 4 2.3.2. 1 The Participation Percentages set 5 forth in Appendix C shall govern in the event that the 6 Members are unable to agree to such a revision to 7 Appendix C; 8 2.3.2.2 No Member shall be required to 9 accept a Participation Percentage which, when 10 multiplied by TANC's megawatt entitlement to Transfer 11 Capability, would exceed the megawatt amount set forth 12 in the Appendix C, Column D, in which event such 13 excess Participation Percentage shall be divided pro 14 rata among the other Members based on Participation 15 Percentages, unless otherwise agreed to by such 16 Members; 17 2.3.2.3 No Member may agree to a 18 Participation Percentage which, when multiplied by 19 TANC's megawatt entitlement to Transfer Capability, 20 would be less than the megawatt amount set forth in 21 Appendix C, Column C; 22 2.3.2 .4 No Member may agree to a 23 Participation Percentage which, when multiplied by 24 TANC's megawatt entitlement to Transfer Capability, 25 would exceed the megawatt amount set forth in 26 Appendix C, Column D, if the effect of such agreement 27 would be to materially, adversely alter any rights of 28 or security for holders of TANC Project Indebtedness. • - 1 2.3.3 Members acknowledge and agree that, 2 notwithstanding the foregoing provisions, Member defaults 3 may result in a non-defaulting Member accepting a megawatt 4 amount in excess of the limits set forth in Appendix C, 5 Column D. Members also acknowledge and agree that, 6 notwithstanding the foregoing provisions, no such agreement 7 shall result in aggregate Participation Percentages of the 8 Members of less than one hundred (100) percent. 9 10 3. DUTIES AND RESPONSIBILITIES OF TANC DURING PHASE II AND 11 PHASE III 12 3.1 Decisions - Decisions related to the Project shall be 13 made by the TANC Commission at meetings to be held at times and 14 places determined by the TANC Commission; provided, that the TANC 15 Commission may delegate decisions to its Executive Committee or 16 others, between meetings, as provided in resolutions duly adopted 17 by the TANC Commission pursuant to the Joint Powers Agreement. 18 3.1.1 The exercise of the rights and obligations of 19 TANC under this Agreement shall be subject to the control at 20 all times of the TANC Commission. 21 3.1.2 Voting - Approvals or authorizations required 22 under this Agreement shall be given or withheld by the TANC 23 Commission using the voting procedures described in the 24 Joint Powers Agreement, subject to the following provisions: 25 3.1.2. 1 Phase II Activities - With regard to 26 Phase II activities as described in Section 2.2.2, to 27 constitute a quorum, the combined Participation 28 Percentages of the Members not in default represented • • 1 by the TANC Commissioners present must represent at 2 least sixty (60) percent of the aggregate 3 Participation Percentages of Members not in default at 4 the time of the vote and the action must be approved 5 by TANC Commissioners representing at least a majority 6 of the aggregate Participation Percentages of Members 7 not in default at the time of the vote. 8 3.1.2.2 Phase III Activities - With regard 9 to Phase III activities as described in Section 2.2.3, 10 to constitute a quorum, the combined Participation 11 Percentages of the Members not in default represented 12 by the TANC Commissioners present must represent at 13 least sixty (60) percent of the aggregate Participa- 14 tion Percentages of Members not in default at the time 15 of the vote and the action must be approved by TANC 16 Commissioners representing at least a majority of the 17 aggregate Participation Percentages of Members not in 18 default at the time of the vote, provided: 19 3.1.2.2. 1 In the event that a 20 Member votes against a proposed Betterment, 21 such Opposing Member shall have no obligations 22 stemming from such Commission action nor shall 23 such Opposing Member have any right to 24 participate in the benefits of such Commission 25 action and, with regard to such benefits and 26 obligations, the Participation Percentage of 27 each Member except for the Opposing Member(s) 28 shall be increased to the ratio between each -'1F- • • 1 such Member's Participation Percentage and the 2 aggregate of the Participation Percentages of 3 the Members excluding such Opposing Member(s) , 4 expressed as a percentage. 5 3. 1.2. 2.2 In the event that a 6 Member votes against a proposed Addition to 7 the Project in any Fiscal Year, and TANC's 8 share of the cost of all Additions previously 9 approved in such Fiscal Year when added to 10 TANC's share of the cost of the proposed 11 Addition exceeds twenty-five million dollars 12 ($25,000,000) adjusted in accordance with 13 changes in the Consumer Price Index (CPI) or 14 successor index using the January 1, 1990, 15 level as the base year, with regard to such 16 Opposing Member's Participation Percentage of 17 such excess amount only, such Opposing Member 18 shall have no obligations stemming from such 19 Commission action nor shall such Opposing 20 Member have any right to participate in the 21 benefits of such Commission action. With 22 regard to the rights and obligations 23 associated with such excess amount, the 24 Members excluding such Opposing Member(s) 25 shall negotiate appropriate adjustments to 26 their Participation Percentages. 27 3.1.2.2.3 In the event that a 28 " Member votes against a proposed Replacement, • • 1 such Member shall nevertheless be bound by the 2 outcome of such Commission action. 3 3 . 1.2 .2.4 Nothing contained herein 4 is intended to relieve any Member from its 5 obligations resulting from Commission action 6 except as specifically provided in Sections 7 3.1.2.2.1 and 3. 1.2.2.2. 8 3 . 1.2.2.5 Each agreement by the 9 Members with respect to Betterments or 10 Additions shall specifically recognize TANC's 11 rights under this Agreement which secure TANC 12 Project Indebtedness. 13 3.2 Specific Duties and Responsibilities - TANC, through 14 the approval of the TANC Commission, shall be empowered to 15 perform all duties appropriate for the implementation of Phase II 16 and Phase III of the Project, subject to the terms hereof, 17 including but not limited to: 18 3.2.1 Act as Project Manager or in any other 19 managerial role for the Project in accordance with the 20 Intertie Agreements; 21 3.2.2 Authorize (i) the issuance or incurrence of 22 Indebtedness and the appropriate documentation related 23 thereto, (ii) the contract of purchase or notice of sale or 24 other instrument under which Indebtedness is to be sold or 25 incurred, (iii) the selection of managing underwriters for 26 Indebtedness (if such Indebtedness is to be sold upon a 27 negotiated, basis) , and (iv) the manner and timing of 28 marketing (including the manner of sale) , if applicable, -18- • • 1 interest rates, and other terms of Indebtedness; 2 3.2.3 Provide periodic reports of major construction 3 and major events to the Members with respect to the Project; 4 3.2.4 Review, discuss, and attempt to resolve any 5 disputes among TANC and/or the Members; 6 3.2.5 Negotiate, review, approve, execute, enforce 7 and modify Intertie Agreements as a Participant on behalf of 8 the Members for Phase II and Phase III and perform all 9 activities necessary to fulfill TANC's obligations as a 10 Participant under those agreements; 11 3.2. 6 Approve and engage consultants or advisors on 12 financial, economic, engineering, environmental, management, 13 and legal or other matters; 14 3.2.7 Review, modify, and approve TANC's insurance 15 program including, without limitation, the establishment of 16 a self-insurance program; 17 3.2.8 Incur costs, liabilities, and obligations; 18 3.2.9 Purchase, sell, rent, and lease equipment, 19 apparatus, materials, and supplies and establish and 20 maintain inventories of any of the foregoing; 21 3.2.10 Acquire by purchase or eminent domain any 22 interest in property, real or personal; 23 3.2.11 Enforce, waive, adjust or compromise any claim 24 by or against TANC, including claims covered by or relating 25 to insurance policies; 26 3.2.12 Initiate, defend, and otherwise participate in 27 legal and administrative proceedings; 28 3.2.13 Maintain for Member inspection and audit for '— 111 . 1 the term of this Agreement, and for three (3) years 2 thereafter, books and cost records of TANC in accordance 3 with generally accepted accounting principles; 4 3.2. 14 Perform other tasks as may be necessary to 5 fulfill its obligations as a Participant, as Project 6 Manager, and in any other managerial role under this 7 Agreement and the Intertie Agreements during Phase II and 8 Phase III of the Project in a timely, cost effective manner. 9 10 4 . OBLIGATIONS OF MEMBERS DURING PHASE II AND PHASE III 11 4.1 TANC Project Costs - Subject to Section 3.1.2 .2, each 12 Member agrees to pay, based on its Participation Percentage, its 13 portion of TANC Project Costs, its portion of TANC Project O&M 14 Costs, its portion of TANC Capital Improvement Costs, and its 15 portion of Debt Service on TANC Project Indebtedness, in each 16 case as provided in this Section 4. 1: • 17 4.1.1 At least sixty (60) days prior to the initial 18 Closing Date and at least sixty (60) days prior to the 19 commencement of each Fiscal Year thereafter, the TANC 20 Commission shall develop, approve, and distribute to the 21 Members a budget for TANC Project Costs, Debt Service for 22 TANC Project Indebtedness, TANC Project O&M Costs, and TANC 23 Capital Improvement Costs which the TANC Commission 24 estimates will be incurred during the then-current Fiscal 25 Year in the case of the initial budget and during the next 26 succeeding Fiscal Year for all subsequent budgets. Such 27 budgets shall be generally based upon budgets approved by 28 the Management Committee and upon TANC's_ estimates of TANC -20- • • 1 Project Costs, Debt Service for TANC Project Indebtedness, 2 TANC Project O&M Costs, and TANC Capital Improvement Costs; 3 provided, that if a budget has not been approved by the 4 Management Committee the budget shall be based upon TANC's 5 estimates. Each budget other than the initial budget shall 6 also include a variance report which compares actual 7 expenditures with budgeted amounts for the previous Fiscal 8 Year. As soon as practicable after the approval of each 9 such budget, TANC shall mail the budget to the Members. 10 Members acknowledge and agree that Participant defaults or 11 withdrawals that result in changes in TANC's ownership 12 interest in the Project will require changes in TANC's 13 payment obligations under the Intertie Agreements 14 approximately proportionate to the change in TANC's 15 entitlement to Transfer Capability and a corresponding 16 change in the Members' payment obligations hereunder. TANC, 17 if requested by any Member, will make best efforts to 18 remarket any entitlement to Transfer Capability that such 19 Member or its designated agent may determine to be in excess 20 of that Member's requirements. Remarketing efforts will be 21 focused on the other Members, the Western Area Power 22 Administration, the California Department of Water 23 Resources, and other Participants. Members also acknowledge 24 and agree that some anticipated Participants may elect not 25 to enter into the Intertie Agreements for Phase II and 26 Phase III of the Project and that this Agreement is intended 27 to permit the Project to be constructed without such 28 anticipated Participants so that TANC's ownership interest • 410 1 in the Project, and thus the amount of Transfer Capability 2 to which each Member shall be entitled pursuant to this 3 Agreement, will vary depending on the final ownership 4 interests established for TANC and the other Participants 5 pursuant to the Intertie Agreements. TANC currently 6 anticipates that, at the time of execution of the Intertie 7 Agreements, the Intertie Agreements will establish TANC's 8 initial ownership interest in the Project at a minimum of 9 42.2916% and a maximum of 93.75%. 10 4.1.2 Each of the Members hereby approves the 11 issuance and sale of TANC Project Indebtedness as provided 12 in Section 4.1.3.1 below subject to approval of the TANC 13 Commission pursuant to Section 3 .1.2. Such approvals are 14 intended to be and are limited to the approvals required by 15 Paragraphs 6 and 15 of the Joint Powers Agreement. Such 16 Indebtedness shall not constitute a debt, liability or 17 obligation of any of the Members and shall not constitute a 18 debt of TANC payable by the Members pursuant to Paragraph 21 19 of the Joint Powers Agreement. 20 4.1.3 Subject to Section 3. 1.2.2, each of the 21 Members hereby severally requests and agrees as follows: 22 4. 1.3.1 Each Member requests that TANC 23 issue, sell, or otherwise incur Indebtedness from time 24 to time pursuant to the provisions of Chapter 5, 25 Division 7, Title 1 of the Government Code of the 26 State of California or any other applicable provisions 27 of law in amounts which will be sufficient to permit 28 TANC to %pay, when due, all TANC Project Costs, TANC -22- • • 1 Project O&M Costs through the first full Fiscal Year 2 after completion of the Project, TANC Capital 3 Improvement Costs, costs of issuance, credit 4 enhancements and other costs incurred in connection 5 with the issuance or incurring of TANC Project 6 Indebtedness, and to provide for capitalized interest 7 as determined by TANC and for required deposits to 8 funds and accounts established by each Indenture and, 9 in addition, to provide for the principal and interest 10 on all Indebtedness outstanding on the initial Closing 11 Date (all of said Indebtedness to constitute TANC 12 Project Indebtedness) . Whenever TANC deems it 13 beneficial to the Members, as a result of Debt Service 14 savings or otherwise, upon approval of the TANC 15 Commission, TANC may issue Indebtedness to refund 16 outstanding TANC Project Indebtedness (which the 17 Members hereby authorize) and the same shall be TANC 18 Project Indebtedness. 19 4. 1. 3.2 Each Member severally agrees to pay 20 to TANC an amount equal to its Participation 21 Percentage of all Debt Service on the TANC Project 22 Indebtedness to enable TANC to pay such Debt Service 23 at the times and in the manner set forth in the 24 applicable Indentures. Each Member also agrees to pay 25 to TANC, in accordance with Section 22, an amount 26 equal to its Participation Percentage of TANC Project 27 Costs, TANC Project O&M Costs, and TANC Capital 28 Improvement Costs, not ,financed by TAMC Project -23- • 1 Indebtedness as indicated in the budgets prepared 2 pursuant to Section 4 . 1. 1, including any budget 3 revisions made pursuant to Section 4.1.5. 4 4. 1. 3. 3 Upon failure of a Member to make any 5 of the payments described in Section 4.1.3.2, TANC 6 shall make demand upon such Member, and if said 7 failure is not remedied within forty-five (45) days 8 from the date of such demand, it shall constitute a 9 default at the expiration of such forty-five (45) day 10 period. Such default shall be handled in accordance 11 with Section 6. Notice of such demand shall be 12 provided to the other Members. 13 4. 1.3 .4 Each Member agrees to establish 14 rates and charges for its Electric System so as to 15 provide Revenues sufficient, together with other 16 available funds derived from its Electric System, to 17 pay, when due, all amounts payable by such Member 18 under this Agreement and to pay all other amounts 19 payable from, and all lawful charges against or liens 20 upon, the Revenues of its Electric System. 21 4.1.3.5 Each Member shall be obligated to 22 make payments under this Section 4.1.3 and to budget 23 for such payments solely from the Revenues of, and as 24 an operating expense of, its Electric System. Each 25 Member shall make the payments required of it by this 26 Agreement in the amounts and at the times determined 27 pursuant to this Agreement and such payments and the 28 obligation to make same shall be absolute and 111 1 unconditional and such payments shall be made whether 2 or not the Project or any part thereof has been 3 completed, is operating or operable or its output or 4 capability is suspended, interrupted, interfered with, 5 reduced or curtailed, or terminated in whole or in 6 part, and such payments shall not be subject to 7 reduction whether by offset, counterclaim, recoupment 8 or otherwise and shall not be conditioned upon the 9 performance or nonperformance by any party to any 10 agreement or for any other cause or reason whatsoever. 11 4.1.3.6 Each Member covenants and agrees 12 that it shall, at all times so long as any TANC 13 Project Indebtedness remains outstanding, operate the 14 properties of its Electric System and business in 15 connection therewith in an efficient manner and at a 16 reasonable cost and shall maintain its Electric System 17 in good working order and condition, and shall 18 cooperate with TANC in the performance of the 19 respective obligations of TANC and such Member under 20 this Agreement. 21 4.1.3.7 Each Member agrees that all rights, 22 title, and interest of TANC in and to all payments 23 required to be made under this Section 4.1.3 by the 24 Members pursuant to the provisions hereof may be 25 pledged and assigned under the Indentures to secure 26 the TANC Project Indebtedness. 27 4.1.4 Funds received by TANC from the issuance and 28 sale of TANC Project Indebtedness shall be applied to one or -25- • • 1 more of the purposes specified in Section 4 .1. 3.1 in 2 accordance with the Indenture authorizing such TANC Project 3 Indebtedness. 4 4.1.5 TANC may, from time to time, revise the 5 budgets established pursuant to Section 4 . 1.1 as necessary. 6 Such budgets shall include adjustments for variances between 7 estimated and actual costs included in previous budgets. In 8 that event, subject to Section 3.1.2 , the procedures of 9 Sections 4.1.2 through 4.1.4 shall be followed for payment 10 of any additional costs. 11 12 5. TERM, TERMINATION, AND AMENDMENTS 13 5.1 Term - This Agreement shall take effect as of the date 14 hereof and shall remain in full force and effect during the term 15 of the Joint Powers Agreement and the Intertie Agreements (as 16 their terms may be extended) or so long as any TANC Project 17 Indebtedness remains outstanding, whichever is longer. 18 5.2 Termination - This Agreement shall not be subject to 19 termination by TANC or any Member under any circumstances, 20 whether based upon the default of any party under this Agreement, 21 or any other instrument, or otherwise. 22 5.3 Amendments - So long as any TANC Project Indebtedness 23 is outstanding, this Agreement may be amended, modified, or 24 otherwise changed or rescinded, except as provided in the 25 applicable Indentures, so long as such amendment, modification, 26 change, or rescission would not materially, adversely alter any 27 rights of or security for holders of such Indebtedness. Except } 28 as provided in Section 8.3, this Agreement may be amended only by • • 1 the written agreement of all of the parties hereto. 2 3 6. DEFAULT 4 6.1 Defaulting Member's Participation Percentage - Upon 5 the failure of any Member or, with respect to its obligations 6 under Section 15, a former Member who has withdrawn, to meet its 7 obligations hereunder, TANC shall give written notice of the 8 failure to such Member or former Member who has withdrawn and, if 9 such failure has not been cured within forty-five (45) days after 10 the date of such notice, it shall constitute a default at the 11 expiration of such forty-five (45) day period. Upon such 12 default, in addition to the rights and remedies available to TANC 13 pursuant to Section 6.2, TANC may protect and enforce its rights 14 hereunder by suit or suits in equity or at law, whether for the 15 specific performance of any covenant herein or for damages or in 16 aid of the execution of any power granted herein or any other 17 remedy available under any provision of applicable law. No 18 remedy by the terms of this Agreement conferred upon or reserved 19 to TANC is intended to be exclusive of any other remedy, but each 20 and every such remedy shall be cumulative and shall be in 21 addition to every other remedy given under this Agreement or 22 existing at law or in equity or by statute on or after the 23 effective date of this Agreement. 24 6.2 Nondefaulting Member's Participation Percentage - Upon 25 any default described in Section 4.1.3.3, the defaulting Member 26 shall no longer be entitled to any rights granted to the Members 27 with respect to the Project, and each Member severally agrees 28 that the Participation Percentage of each nondefaulting Member . -27- • • 1 shall be automatically increased as follows: 2 6.2.1 Each Member severally agrees that the 3 Participation Percentage of each nondefaulting Member shall 4 be automatically increased to the ratio between such 5 nondefaulting Member's Participation Percentage and the 6 aggregate of the Participation Percentages of the 7 nondefaulting Members, expressed as a percentage. For 8 purposes of this Section 6.2. 1 and Section 6.2.2, the term 9 "Member" shall include, but not be limited to, each former 10 Member who has withdrawn from TANC and converted its 11 Participation Percentage of TANC's entitlement to Transfer 12 Capability to an ownership interest in the Project pursuant 13 to Section 15, and the term "Participation Percentage" shall 14 mean that percentage which would represent such withdrawn 15 Member's Participation Percentage of TANC's entitlement to 16 Transfer Capability if such conversion had not occurred. 17 6.2.2 Notwithstanding the provisions of Section 18 6.2.1, the cumulative increase for any nondefaulting Member 19 pursuant to this Section 6.2 shall not exceed twenty-five 20 percent (25%) of its Participation Percentage in effect 21 immediately prior to the first default without the consent 22 of the Member; provided, that for purposes of determining 23 such cumulative increase any increase (i) pursuant to 24 Section 2.3 or 3.1.2.2, or (ii) which results because a 25 Member has withdrawn from TANC and converted its 26 Participation Percentage of TANC's entitlement to Transfer 27 Capability to an ownership interest in the Project pursuant 28 to Section 15, shall not be considered. The nondefaulting -7R- • 1 Members shall be entitled to the rights which the defaulting 2 Member loses upon the default and shall assume subject to 3 Section 6.3 all of the obligations of the defaulting Member 4 with respect to such rights hereunder. Increases in the 5 Participation Percentages of the nondefaulting Members shall 6 be applicable to any payments due and not paid by the 7 defaulting Member at the time of the increase and all 8 subsequent payments due and not paid by the defaulting 9 Member. 10 6.3 Defaulting Member's Obligations - Each Member agrees 11 that increases in the obligations of other Members pursuant to 12 Section 6.2 shall not relieve the defaulting Member or a former 13 Member who has withdrawn, of its liability for its obligations 14 described hereunder. The nondefaulting Members shall have a 15 right of recovery from the defaulting Member to the extent of 16 increases in their obligations resulting from such default (plus 17 interest at the Interest Charge) from the date of such default 18 until paid. 19 6.4 Tax Covenant - Notwithstanding any other provision of 20 this Agreement, no Member shall transfer, assign, sell or 21 exchange any portion of its Participation Percentage of TANC's 22 entitlement to Transfer Capacity, or any other interest in the 23 Project or the capacity or capability thereof, directly or 24 indirectly, in any manner, or shall take, or to the extent it can 25 control the same permit to be taken, any other action or actions, 26 which would adversely affect the exclusion of the interest on any 27 of the TANC Project Indebtedness from gross income for federal 28 income tax purposes under Section 103 of the Internal Revenue • • 1 Code of 1986, as amended, and the applicable regulations 2 thereunder (or any successors to such statute and regulations) , 3 including without limitation, by reason of classification of such 4 TANC Project Indebtedness as a "private activity bond" within the 5 meaning of said Code. 6 7 7. USE OF TRANSFER CAPABILITY 8 7. 1 Member Use of Transfer Capability - Subject to the 9 provisions of this Section 7, Section 6.4, and Section 8 hereof, 10 each Member shall have the right to use its Participation 11 Percentage of TANC's entitlement to Transfer Capability for any 12 purpose, including holding such Transfer Capability in reserve or 13 making such Transfer Capability available to a Member, 14 Participant, or other entity, subject to the terms and conditions 15 relating to assignments and layoffs by Participants under the 16 Intertie Agreements; provided, that before a Member may make 17 unneeded Transfer Capability available to a non-Member, it shall 18 make such Transfer Capability available to the other Members on 19 terms and conditions which are established by the TANC 20 Commission. Nothing in this Section 7. 1, however, shall prohibit 21 a Member or its designated agent from requesting that the TANC 22 Coordinator make all or part of such Member's unused Transfer 23 Capability available to other Members on behalf of such Member. 24 7.2 Non-Member Use of Transfer Capability - Each Member or 25 its designated agent shall notify the TANC Coordinator in the 26 event that it does not need all or a portion of its Participation 27 Percentage of TANC's entitlement to Transfer Capability and no 28 other Member needs such Transfer Capability. In such event, the 411 1 TANC Coordinator shall then make such Transfer Capability 2 available to the other Participants pursuant to the provisions of 3 the Intertie Agreements. Otherwise, each Member or its 4 designated agent shall determine the disposition of its unneeded 5 Transfer Capability, which may include directing the TANC 6 Coordinator to make such Transfer Capability available to any 7 entity on such terms and conditions as such Member or its 8 designated agent may direct. 9 7.2. 1 Compensation - Compensation for the use of a 10 Member's Participation Percentage of TANC's entitlement to 11 Transfer Capability by other Participants will be as set 12 forth in the Intertie Agreements. In the event that the 13 provisions of the Intertie Agreements do not apply to the 14 transaction, compensation shall be as determined by each 15 Member making such Transfer Capability available. 16 7.2.2 Allocation of Revenue - Payments for the use 17 of TANC's unneeded entitlement to Transfer Capability by 18 non-Members shall be collected by TANC and promptly and 19 fully credited directly to the Member making such Transfer 20 Capability available. Each such Member agrees that all 21 right, title, and interest of such Member and TANC in and to 22 such payments may be pledged and assigned under the 23 Indentures to secure payments required to be made under 24 Section 4.1.3 by or on behalf of such Member. 25 7.3 MOU Layoffs - In accordance with Sections 10.1 and 26 10.2 of the MOU as implemented by the Intertie Agreements, TANC 27 shall lay off a portion of its entitlement to Transfer 28 Capability. Compensation to TANC by those entities receiving. the -31- • • 1 layoff is to be based on TANC's Project Cost including financing 2 plus contingencies of twenty-five (25) percent. 3 7.3.1 Unless otherwise agreed by the Members, each 4 Member shall provide its portion of such layoffs in 5 accordance with the Member's Participation Percentage. 6 7.3.2 Payments for the layoff of TANC's entitlement 7 to Transfer Capability as described in Sections 10. 1 and 8 10.2 of the MOU shall be collected by TANC and promptly and 9 fully credited to the Members based on each Member's 10 Participation Percentage unless otherwise agreed by the 11 Members. Each such Member agrees that all right, title, and 12 interest of such Member and TANC in and to such payments may 13 be pledged and assigned under the Indentures to secure 14 payments required to be made under Section 4.1. 3 by or on 15 behalf of such Member. 16 7.4 In the event that a Member's Participation Percentage 17 of TANC's entitlement to Transfer Capability converted to 18 megawatts exceeds the megawatt amount in Appendix C, Column E, 19 layoffs made by TANC pursuant to Sections 7.2 and 7.3 shall first 20 be made from such excess amount if so requested by that Member. 21 If more than one Member has such an excess amount and the sum of 22 all such excess amounts exceeds the amount of the layoff, the 23 layoff shall be made pro rata based on the ratio between each 24 such requesting Member's excess amount and the sum of all such 25 requesting Members' excess amounts. 26 7.5 Notwithstanding anything to the contrary contained in 27 this Section 7, no layoff of Transfer Capability made pursuant to 28 this Section 7 shall excuse a Member from making the full • S 1 payments required by Section 4 hereof nor reduce the amount or 2 extend the time of such payments. 3 4 8. SCHEDULING 5 8.1 Member Scheduling Rights - During any scheduling 6 period, each Member or its designated agent shall have the right 7 to schedule power transactions using Transfer Capability up to 8 the amount of its Participation Percentage of TANC's entitlement 9 to Transfer Capability, subject to the provisions of Section 7 of 10 this Agreement. Each Member or its designated agent may also 11 schedule power transactions over any additional percentage of 12 Transfer Capability that it has a right to use. Notwithstanding 13 the provisions of Section 8.2,. each Member or its designated 14 agent shall have the right to schedule such transactions pursuant 15 to its separate agreements with other entities. All power 16 scheduled over the Project shall be in whole megawatt amounts or 17 as otherwise set forth in the Intertie Agreements. 18 8.2 Project Use Information Coordination - Each Member or 19 its designated agent shall provide the TANC Coordinator with 20 Project use information required to meet TANC's obligations under 21 the Intertie Agreements as a Participant in the Project. The 22 TANC Coordinator shall submit such information to the Operating 23 Agent in accordance with such agreements. 24 8.3 Scheduling and Curtailment Procedures - Specific 25 procedures which implement the provisions of this Section 8 and 26 Section 7 hereof are set forth in Appendix D. The Members and 27 their designated agents agree to comply with such procedures, as 28 they may belmodified from time to time by a vote of the TANC 1 Commission pursuant to Section 3. 1.2. 2 3 9. INSURANCE AND INDEMNIFICATION 4 TANC shall maintain, or cause to be maintained in force, 5 insurance as may be determined prudent in the judgment of the 6 TANC Commission and as may be required by the provisions of the 7 Intertie Agreements and any Indenture. TANC shall indemnify, 8 defend, and hold harmless each Member, and its governing board 9 members, officers, employees and agents, from any liability for 10 personal injury, death, or property damage arising out of the 11 negligent activities of TANC pursuant to this Agreement or the 12 Intertie Agreements. 13 14 10. COMPLIANCE WITH OTHER INSTRUMENTS 15 It is recognized by the parties hereto that, for the benefit 16 of the Members, TANC, in undertaking, or causing to be 17 undertaken, the planning, licensing, financing, construction, and 18 operation of TANC's share of the Project, must comply with the 19 requirements of each Indenture, the Intertie Agreements, all 20 applicable licenses, permits, and regulatory approvals necessary 21 therefor, and the Joint Powers Agreement. 22 23 11. LIABILITY OF TANC OFFICERS 24 11.1 Release - Each Member agrees that TANC's 25 Commissioners, officers, and employees shall not be liable to the 26 Members for direct, indirect or consequential loss or damage 27 suffered by the Members as a result of (i) the performance or 28 nonperformance by TANC under any Intertie Agreements or (ii) the -34- • • 1 performance or nonperformance of TANC under this Agreement. Each 2 Member releases TANC's Commissioners, officers, and employees 3 from any claim or liability (whether negligent or otherwise) as a 4 result of any actions or inactions of TANC under this Agreement 5 or the performance or nonperformance by TANC under any Intertie 6 Agreement. 7 11.2 No Modification - The provisions of this Section 11 8 shall not be construed so as to relieve TANG of any obligations 9 under any of the Intertie Agreements and the provisions of this 10 Section 11 shall not be construed to modify or amend Paragraph 2 11 of the Joint Powers Agreement. 12 13 12. NOTICE AND COMPUTATION OF TIME 14 12. 1 Manner of Notices - Any notice or demand by a Member 15 to TANC under this Agreement shall be deemed properly given if 16 deposited in the United States mail first class postage prepaid 17 or its equivalent, or sent via facsimile or other electronic 18 media and confirmed by telephone or in writing within twenty-four 19 (24 hours) , addressed to TANC at its operational office; any 20 notice or demand by TANC to any Member under this Agreement shall 21 be deemed properly given if deposited in the United States mail 22 first class postage prepaid or its equivalent, or sent via 23 facsimile or other electronic media and confirmed by telephone or 24 in writing within twenty-four (24 hours) , addressed to the 25 addressee shown on the signature pages hereof at the address 26 shown in Appendix E. The designations of the name and address to 27 which any such notice or demand is directed may be changed at any 28 time and from time to time by any party giving notice as above.- r ff :7 = • • 1 provided in this Section. 2 12.2 Time Computed - In computing any period of time from 3 such notice, such period shall commence on the date mailed or, if 4 sent via facsimile or other electronic media, on the date sent. 5 6 13. APPLICABLE LAW 7 This Agreement is made under and shall be governed by the 8 laws of the State of California. 9 10 14. SEVERABILITY 11 If any section, paragraph, clause, or provision of this 12 Agreement, or any part thereof, shall be finally adjudicated by a 13 court of competent jurisdiction to be invalid, the remainder of 14 this Agreement shall remain in full force and effect as though 15 such section, paragraph, clause, or provisions or any part 16 thereof so adjudicated to be invalid had not been included 17 herein. 18 19 15. MEMBER'S RIGHT TO WITHDRAW 20 15.1 Conversion of Participation Percentage to Undivided 21 Ownership Interest - TANC's undivided ownership interest in the 22 Project shall constitute rights or property acquired and owned by 23 TANC and no Member shall have an ownership interest in the 24 Project except upon withdrawal from TANC and conversion of its 25 Participation Percentage to an undivided ownership interest as 26 provided herein. After the commercial operation date of the 27 Project, each Member not then in default shall be entitled to 28 withdraw from TANC and convert its Participation Percentage into -36- • 1 1 an undivided ownership interest in the Project. Such Member's 2 undivided ownership interest shall be equal in amount to its 3 Participation Percentage multiplied by TANC's then undivided 4 ownership interest in the Project. Upon such withdrawal and 5 conversion, at the express written request of the withdrawing 6 Member, TANC shall make best efforts to take such administrative 7 actions, including the execution of such documents and amendments 8 to the Intertie Agreements, as may be reasonably requested by the 9 withdrawing Member to establish and evidence such Member's 10 undivided ownership interest in the Project and such Member's 11 role as a Participant under the Intertie Agreements, and all 12 reasonable administrative and legal costs associated with such 13 unopposed withdrawal and conversion shall be the responsibility 14 of such withdrawing Member. Each Member electing to withdraw 15 from TANC and so convert its Participation Percentage shall hold 16 its ownership interest as a tenant in common with TANC and the 17 other Participants as set forth in the Intertie Agreements. 18 15.2 Procedure and Conditions - Notwithstanding Paragraphs 19 19 and 20 of the Joint Powers Agreement, a Member may withdraw 20 from TANC and convert its Participation Percentage into an 21 undivided ownership interest in the Project by requesting that 22 TANC assign to the Member an undivided ownership interest in the 23 Project as provided in Section 15. 1 and all rights, interest, and 24 obligations related thereto, and by giving written notice to TANC 25 and all other former Members that have withdrawn at least one (1) 26 year in advance of the noticed effective date of withdrawal; 27 provided that: 28 15.2.,1 TANC shall have one hundrede}ighty (180) days, -37- • 410 1 from written notice given pursuant to Section 15. 5, to 2 exercise a right of first refusal to any rights, interests, 3 and obligations in the Project (in whole or in part) which a 4 former Member that has withdrawn determines to sell, 5 transfer, assign, or otherwise dispose of pursuant to a bona 6 fide written offer. In the event that any former Member 7 that has withdrawn ceases to exist as a public agency, as 8 defined in Section 6500 of the California Government Code, 9 then all rights, interests, and obligations of such former 10 Member in the Project which were derived through TANC shall, 11 at TANC's option, revert to TANC in exchange for TANC 12 assuming such former Member's remaining obligations in the 13 Project; provided, that such former Member that has 14 withdrawn has not sold, assigned, or otherwise disposed of 15 its rights, interests, and obligations prior to the date 16 such Member ceases to exist as a public agency; provided 17 further, that any former Member that has withdrawn has the 18 right to sell, assign, or otherwise dispose of its rights, 19 interests, and obligations to anyone as long as the sale 20 does not violate the provisions of Section 6.4. 21 15.2.2 Former Members who have withdrawn shall have a 22 right of first refusal in any right or interest in the 23 Project (in whole or in part) which TANC or a TANC Member 24 determines to sell, transfer or assign to a non-Member. The 25 rights and obligations of former Members who have withdrawn 26 with respect to layoffs of Transfer Capability shall be as 27 prescribed in Section 7 of this Agreement; 28 15.2.3 Except as provided in this Section 15, a -38- • 1 withdrawal shall have no adverse effect on the rights and 2 obligations under the MOU of TANC, its Members, and other 3 former Members who have withdrawn, as those rights and 4 obligations exist on the date of execution of this 5 Agreement; 6 15.2.4 A former Member who has withdrawn shall meet 7 its pro rata share of TANC's layoff obligations under 8 Section 7.3 of this Agreement; and 9 15.2.5 Neither the withdrawal of a Member from TANC 10 nor the conversion of its Participation Percentage of TANC's 11 entitlement to Transfer Capability to an undivided ownership 12 interest in the Project pursuant to Section 15. 1 shall 13 relieve such Member of any of its obligations to make 1! payments with respect to Debt Service on TANC Project 15 Indebtedness at the times and in the amounts specified in 16 Section 4.1.3.2, as though such conversion had not occurred, 17 including any amounts due thereunder as a result of an 18 increase in such Member's Participation Percentage pursuant 19 to Sections 2.3, 3. 1.2.2, and 6.2. In addition, neither 20 shall such action relieve the withdrawing Member of any of 21 its obligations pursuant to Section 6.4, nor affect the 22 rights of TANC to pursue its remedies under Section 6 23 against such former Member who has withdrawn. 24 15.2.6 Prior to withdrawal and conversion pursuant to 25 this Section 15, a withdrawing Member shall execute such 26 instruments and take such actions as TANC may reasonably 27 request to protect the continuing rights of TANC in the 28 interest transferred as set forth in this Agreement. P.� -39- • • 1 15.3 Inclusion in Intertie Agreements - Implementation of 2 this Section 15 is subject to the provisions of all applicable 3 Intertie Agreements. TANC shall make best efforts to include in 4 all applicable Intertie Agreements, as necessary, provisions to 5 recognize and authorize the rights and obligations of TANC and 6 Members who may elect to withdraw under this Section 15.. 7 15.4 No Right to Partition - Each Member waives any rights 8 it may have to partition TANC's ownership interest in the Project 9 and agrees not to seek or to file any action in law or in equity 10 to partition such interest. The Members agree that their sole 11 right and procedure to obtain an ownership interest in the 12 Project separate and apart from TANC is pursuant to this 13 Section 15. 14 15.5 Notice - Pursuant to the provisions of Section 15.2, 15 any former Member who has withdrawn shall have the obligation to 16 notify TANC and all other former Members who have withdrawn of 17 its intent to sell, transfer, or assign its interest in the 18 Project (in whole or in part) . 19 15.6 Inclusion in Subsequent Proiect Agreements - Unless 20 otherwise agreed by the Members, the provisions of this 21 Section 15 shall be included in any subsequent TANC "project 22 agreement" (as that term is defined in the Joint Powers 23 Agreement) pertaining to the subject matter hereof. 24 15.7 Adjustment of Participation Percentages - Except as 25 otherwise provided in Section 15.2.5, upon the withdrawal of a 26 Member and conversion of its Participation Percentage to an 27 undivided ownership interest pursuant to this Section 15, the 28 Participation Percentage of each remaining Member which has not I kr -40- • 1 so withdrawn and converted shall be automatically increased to 2 the ratio between such remaining Member's Participation 3 Percentage and the aggregate of the Participation Percentages of 4 all such remaining Members, expressed as a percentage. 5 6 16. ASSIGNMENT OF AGREEMENT 7 16.1 o Assi•nment While TANC Pro 'ect Indebtedness 8 Outstanding - This Agreement shall inure to the benefit of and 9 shall be binding upon the respective successors and assigns of 10 the parties to this Agreement; provided, however, that, except as 11 provided in Sections 4.1. 3.7,. 7.2.2, 7.3 .2, and 15, neither this 12 Agreement nor any right or interest herein shall be transferred 13 or assigned by any party hereto so long as any TANC Project 14 Indebtedness is outstanding. 15 16.2 Assignment Prior to Withdrawal - Unless a Member has 16 withdrawn from TANC pursuant to Section 15 of this Agreement, any 17 assignment, in whole or in part, of a Member's Participation 18 Percentage or individual ownership interest to a person or entity 19 which is not a member of TANC is subject to paragraph 19 of the 20 Joint Powers Agreement. 21 22 17. MEMBERS' OBLIGATIONS SEVERAL 23 The obligation of each Member to make payments under this 24 Agreement is a several obligation and not a joint obligation with 25 those of the other Members. 26 27 18. TRUSTEE AS A THIRD PARTY BENEFICIARY 28 The parties agree that, among other things, this Agreement -41- 110 1 is also made and entered into for the benefit of the Trustee 2 under each Indenture and the holders of outstanding TANC Project 3 Indebtedness, as third-party beneficiaries, and the Trustee and 4 such holders shall have the right, as third-party beneficiaries, 5 to initiate and maintain suit to enforce this Agreement to the 6 extent provided in any Indenture. Except as provided in this 7 Section 18, no rights or benefits shall be created in any person 8 or entity not a party to this Agreement. 9 10 19. APPENDICES 11 This Agreement includes Appendices A, B, C, D, and E 12 attached hereto and incorporated herein by this reference. 13 14 20. WAIVER 15 Any waiver at any time by any party of its rights with 16 respect to a default under this Agreement, or with respect to any 17 other matters arising in connection with this Agreement, shall 18 not be deemed a waiver with respect to any subsequent default or 19 other matter. 20 21 21. CAPTIONS 22 Except as used for definitions, all indexes, titles, subject 23 headings, section titles and similar items are provided for the 24 purpose of reference and convenience and are not intended to be 25 inclusive, definitive or to affect the meaning or scope of this 26 Agreement. _ 27 28 22. BILLING AND PAYMENT -42- • • 1 22.1 Unless otherwise agreed by the Members and TANC, the 2 accounting and billing period shall be one (1) calendar month. 3 Monthly bills sent to a Member shall be sent by United States 4 mail first class, postage prepaid or its equivalent, to the 5 billing address specified in Appendix E. The designation of any 6 person specified in Appendix E may be changed at any time by 7 advance notice given to all Members not then in default and the 8 TANC Coordinator. 9 22.2 Billings for amounts payable shall be due on the 10 twenty-fifth (25th) day after mailing of the bill. Payment shall 11 be made at offices designated by the party to which payment is 12 due. If the due date falls on a non-business day of either 13 party, then the payment shall be due on the next following 14 business day without interest. 15 22.3 Amounts of monthly billings not paid on or before the 16 due date shall be payable with an Interest Charge calculated from 17 the due date to the date of payment. 18 22.4 In case any portion of any monthly bill is in dispute, 19 the entire bill shall be paid when due. Any excess amount of 20 payments made pursuant to monthly billings, which through 21 inadvertent error or as a result of a dispute may have been 22 overpaid, as determined by whatever means the parties select to 23 resolve the dispute, shall be returned by the owing party upon 24 determination of the correct amount in accordance with the °25 Intertie Agreements. If the amount owing exceeds five hundred 26 dollars ($500.00) and is more than three (3) months past due, it 27 shall be returned with interest at the rate for an Interest 28 Charge less two (2) percent. -43- S 1 2 23. DISTRIBUTION OF ASSETS 3 Notwithstanding anything to the contrary contained in 4 Section 21 of the Joint Powers Agreement, but subject in all 5 events to the provisions of the Intertie Agreements, in the event 6 the Project terminates, subject to Section 16 TANC shall 7 distribute to all Members not then in default TANC's share of the 8 proceeds of the sale, transfer, or other disposition of any 9 assets acquired in connection with the Project, and all of its 10 right, title, and interest therein as a Participant. Such 11 distribution shall be in proportion to the Participation 12 Percentages of such Members then in effect. No such distribution 13 shall occur so long as any TANC Project Indebtedness remains 14 outstanding. 15 16 24. COUNTERPARTS 17 This Agreement may be executed in several counterparts, each 18 of which shall be deemed to be an original and all of which, when 19 taken together, shall constitute a single Agreement. 20 21 25. SIGNATURES 22 In witness whereof, the parties have caused this Project 23 Agreement No. 3 to be executed as of the date first above 24 written. The signatories to this Project Agreement No. 3 25 represent that they have been appropriately authorized to enter 26 into this Project Agreement No. 3 on behalf of the party for whom 27 they sign. 28 -AA- • 411 1 CITY OF ALAMEDA 2 By: Name: 3 Title: Date: 4 CITY OF HEALDSBURG 5 By: 6 Name: Title: 7 Date: 8 CITY OF LODI 9 By: Name: 10 Title: Date: 11 CITY OF LOMPOC 12 By: 13 Name: Title: 14 Date: 15 MODESTO IRRIGATION DISTRICT 16 By: Name: 17 Title: Date: 18 CITY OF PALO ALTO 19 By: 20 Name: Title: 21 Date: 22 CITY OF REDDING 23 By: Name: 24 Title: Date: 25 CITY OF ROSEVILLE 26 By: 27 Name: Title: 28 Date: -45- 1 1 SACRAMENTO MUNICIPAL UTILITY DISTRICT 2 By: Name: 3 Title: Date: 4 CITY OF SANTA CLARA 5 By: 6 Name: Title: 7 Date: 8 TURLOCK IRRIGATION DISTRICT 9 By: Name: 10 Title: Date: 11 CITY OF UKIAH 12 By: 13 Name: Title: 14 Date: 15 PLUMAS-SIERRA RURAL ELECTRIC COOPERATIVE 16 By: 17 Name: Title: 18 Date: 19 TRANSMISSION AGENCY OF NORTHERN CALIFORNIA 20 By: 21 Name: Title: 22 Date: 23 24 25 26 27 28 -46- 411 410 APPENDIX A MEMORANDUM OF UNDERSTANDING CALIFORNIA-OREGON TRANSMISSION PROJECT This Memorandum of Understanding (MOU) is entered into as of the 19th day of December, 1984 by (1) the CITY OF ANAHEIM (Anaheim) , CITY OF AZUSA (Azusa) , CITY OF BANNING (Banning) , CITY OF COLTON (Colton), CITY OF RIVERSIDE (Riverside) , and CITY OF VERNON (Vernon) collectively referred to as "Southern California Public Agencies" ; (2) CALIFORNIA DEPARTMENT OF WATER RESOURCES (CDWR) ; (3) PACIFIC GAS AND ELECTRIC COMPANY (PGandE) SAN DIEGO GAS AND ELECTRIC COMPANY (SDG&E) , and SOUTHERN CALIFORNIA EDISON COMPANY (SCE) , collectively referred to as "Investor-Owned Utilities"; (4) the WESTERN AREA POWER ADMINISTRATION (Western) ; and (5) the TRANSMISSION AGENCY OF NORTHERN CALIFORNIA (Agency) (composed of the Cities of Alameda, Biggs, Gridley, Healdsburg, Lodi, Lompoc, Palo Alto, Redding, Roseville, Santa Clara, and Ukiah, the Plumas-Sierra Rural Electric Cooperative, the Sacramento Municipal Utility District, the Modesto Irrigation District, and the Turlock Irrigation District) , hereinafter sometimes referred to individually as "Participant" and collectively as "Participants", and the LOS ANGELES DEPARTMENT OF WATER AND POWER ("LADWP") , representing itself and the Cities of Glendale, Burbank and Pasadena, a non-voting member of the Management Committee. Recitals WHEREAS, the Agency, the Investor-Owned Utilities, CDWR and Western, have carried out studies related to possible alternative methods of developing additional transmission facilities between California and the Pacific Northwest, and WHEREAS, Public Law 98-360 and the Conference Report on H.R. 5653 authorize the Secretary of Energy (Secretary) to participate with non-federal entities in developing the California-Oregon Transmission Project (Project) by upgrading -1- • • certain facilities and authorize the Secretary to construct or participate in the construction of such additional facilities as he deems necessary to allow mutually beneficial power sales between the Pacific Northwest and California, and to accept and use funds contributed by non-federal entities, including investor-owned and publicly owned utilities, for that purpose, and WHEREAS, pursuant to the mandate set forth in the Conference Report on H.R. 5653 and Public Law 98-360, the Secretary is directed to enter into negotiations with all interested non- federal entities for the financing, planning and construction of a new 500-kV AC line and associated facilities, and WHEREAS, the Secretary has met with the Participants and others and has conferred in and observed the negotiation of this MOU by the Participants, and WHEREAS, the Agency, the Southern California Public Agencies, the Investor-Owned Utilities, Western and the CDWR have all participated in the negotiations and in the development of the Project, and WHEREAS, the Project, when constructed, will parallel in part the DC line between California and the Pacific Northwest, and the operation of the Project may affect the operation of the DC line, and for that reason, the Participants have invited LADWP, the operator of the DC line, to be a member of the Management Committee to the extent set forth in this MOU, and WHEREAS, the Project has been evaluated from the technical viewpoint and has been found to be technically feasible, and WHEREAS, utilities in the Pacific Northwest and in California have determined that development of the Project will provide mutual benefits to their respective regions, and WHEREAS, the Participants will develop the Project consistent with applicable environmental laws, in an expeditious manner, and -2- • WHEREAS, in order to develop the Project in accordance with this MOT. , the Participants intend to take all appropriate actions including the negotiation and execution of a definitive participation agreement, and other agreements as necessary, within nine months or as soon as practicable after execution hereof, and WHEREAS, CDWR and the Participants have agreed to postpone the date upon which CDWR will first be entitled to exercise its rights to buy 6.25 percent of Project transfer capability, and NOW THEREFORE, in order to expedite the signing of the Participation Agreement and other necessary agreements, the following Principles are hereby agreed to and shall be implemented in such agreements . 1 .0 Scope of Project 1.1 The Project includes : 1.1.1 The construction of a new 500-kV AC transmission line from the California-Oregon border area to the Redding area. 1 .1.2 Reconstruction of an existing double circuit 230-kV AC line owned by Western to a single circuit 500-kV AC line from the Redding area to the Tracy Substation. 1.1.3 Construction of a new 500-kV AC line from Tracy Substation to Tesla Substation. 1.1.4 Construction of a 500-kV AC cross-tie from the Redding area to Round Mountain Substation or its vicinity, unless the Management Committee determines that such cross-tie is not needed. 1.1.5 Construction of a 500-kV substation in the . Redding area. The size, location, and configuration shall be as determined by the Management Committee. -3- • • 2.0 Associated Facilities 2.1 The Project does not include facilities south of the Tesla Substation, however, PGandE shall upgrade or improve portions of its transmission system between Tesla Substation and Midway Substation as necessary to provide firm power transfer capability to meet its obligations hereunder as set forth in Sections 2. 2, 2.3 and 2.4. 2.2 PGandE shall provide firm bi-directional transmission service over its facilities between Tesla and Midway Substations for the Southern California Public Agencies, SCE and SDG&E in amounts equal to their respective transfer capabilities in the Project (whether obtained under Section 5 or Section 10) for the life of the Project. PGandE shall also provide up to 50 MW of firm bi-directional transmission service between Tesla and Midway Substations for transmission entitlement that may be assignable by SMUD pursuant to Section 9.0. PGandE shall not be obligated to provide firm transmission service in excess of 700 MW for power transmitted over Project facilities and SMUD' s 50 MW of assignable entitlement, provided, that such transmissionservice shall be provided under reasonable rates, terms and conditions. 2.3 In addition to firm transmission service provided pursuant to Section 2.2, PGandE shall make available to the Agency for the life of the Project up to 300 MW of firm bi-directional transmission service between Tesla Substation and Midway (150 MW for the M-S-R San Juan Project, plus an additional 150 MW) . The Agency shall, if requested to do so by PGandE, provide, in the form of a contribution in aid of construction, a reasonable and proportionate share of the capital required for increasing the transfer capability between Los Banos and Gates. Such -4- • transfer capability is to be developed by PGandE and will be available for service no later than January 1, 1990 and shall be provided under reasonable rates, terms and conditions. 2.4 Project Participants agree to cooperate in developing suitable transmission facilities to deliver power transmitted over the Project to the Participants, or to provide acceptable firm transmission service arrangements for such power under reasonable rates, terms and conditions. 2. 5 SCE agrees to provide firm bi-directional transmission service between Midway Substation and the Southern California Public Agencies of power available over the Project' s facilities, consistent with the provisions of applicable individual integrated operating agreements and settlement agreements between such agencies and SCE or any successor agreements . If SCE and any such agency cannot agree upon the terms and conditions of such a firm transmission service agreement hereunder, SCE will make a unilateral filing with the FERC of such a firm transmission service agreement under Section 205 or 206 of the Federal Power Act and pursuant to the FERC's rules and regulations promulgated thereunder. 3.0 Project Rating Interconnection and Operation 3.1 The Project shall be designed to have a minimum transfer capability of 1600 MW including loop flow from the California-Oregon border to the Tesla Substation and a minimum of 1900 MW of transfer capability from the Redding Substation to the Tracy Substation. The actual Project transfer capability will be determined from time to time by the Management Committee based on studies . The Management Committee has the right to review and approve all modifications to the Project, provided -5- a411 that any modification which materially affects the transmission system of a Participant shall require the prior approval of such Participant . 3. 2 The Project shall be interconnected and operated in parallel with the existing AC Intertie facilities. 3.3 The Participants shall enter into appropriate contractual arrangements: 3.3.1 With Northwest utilities to interconnect the Project with the Pacific Northwest transmission system such that access is available to a wide spectrum of utilities in the Pacific Northwest and Canada. Agreement shall be among the Participants and Northwest utilities. 3.3.2 With PGandE and Western for interconnections between the Project and Western and PGandE systems, including provisions governing the ownership of new facilities in existing substations . 3.3.3 Providing that each Participant shall have a right to displace Northwest imports scheduled by other Participants over the Project for delivery and use within a control area at times when any Participant in such control area is in a spill condition or at minimum generation, provided that displacement energy is delivered to the Participant whose energy is being displaced at a cost including penalties, if any, at or below the price of the displaced Northwest imports . 3 .3.4 For the interconnection and parallel operation of the Project with existing AC Intertie facilities. Such arrangements shall also provide for integration of the Project with the existing AC Intertie System, including pro rata sharing of available -6- • 411 transfer capability under outage and curtailment conditions, including curtailments due to loop flow. 3.4 PGandE shall be the operating agent for operation and maintenance of the Project, with operation and maintenance costs to be shared by Project Participants in proportion to their respective allocations under these Principles . PGandE shall coordinate with Western on the operations and maintenance on the Redding to Tracy portion of the Project. 3. 5 All Participants who receive transfer capability from the Project shall coordinate schedules with PGandE. 4.0 Project Management 4.1 A Management Committee, chaired by a representative of the Agency, is hereby formed to oversee and approve the planning, design, construction, operation and maintenance of the Project. Each Participant in the Project shall have representation on the Management Committee, with the members of the Agency being represented by the Agency and the Southern California Public Agencies being represented by one Participant of their choice. All actions or decisions by the Management Committee shall be by agreement of at least 75 percent interest of the voting Participants, based on Project Participation shares between the California-Oregon border area and Tesla Substation. Subcommittees shall be formed as needed to address specific aspects of the Project. CDWR, prior to exercise of rights under Section 8.1, and LADWP shall also have non-voting representation on the Management Committee. Each Participant, including each of the members of the Agency and each of the Southern California Public Agencies, shall be given advance notification of all meetings of the Management Committee and may attend meetings. -7- r 4.2 Western shall be the lead agency for the NEPA process and the Agency shall be the lead agency for the CEQA process. All Participants agree to cooperate and support the processes necessary to obtain all necessary permits from regulatory agencies having jurisdiction. 4.3 The Agency shall be the overall Project Manager. Western, under contract to the Participants, shall be responsible for design and construction of the upgraded Western facilities, including the proposed Redding Substation. The Agency and/or PGandE, under contract to the Participants, shall be responsible for design and construction of all Project facilities other than Western upgraded facilities. 4.4 In exercising its non-voting representation on the Management Committee, LADWP may represent the ownership interests of itself, Burbank, Glendale and Pasadena in the DC line only as to discussions relating to operation of the DC line, and its representation shall be limited to offering non- binding suggestions as to planning, construction, and operation of the Project, and advising the Committee as to problems which may arise through operation of the Project in parallel with the DC line. 5.0 Project Participation Shares 5.1 The Participants shall be entitled to Project transfercapability between the California-Oregon border area and Tesla Substation prior to January 1 , 2005, in the following proportions: 5.1.1 The Agency shall be entitled to 43.75 percent. 5.1.2 The Investor-Owned Utilities shall be • entitled to 42.19 percent. 5.1.3 The Southern California Public Agencies shall be entitled to 7.81 percent. -8- • 4 5.1.4 Western for DOE laboratories and federal wildlife refuges shall be entitled to 6.25 percent. 5. 2 If CDWR exercises its rights and purchases its share of the Project pursuant to Section 8.1, then the Participants shall be entitled to Project transfer capability between the California-Oregon border area and Tesla Substation commencing on January 1, 2005, in the following proportions: 5.2.1 The Agency shall be entitled to 40.83 percent. 5.2.2 The Investor-Owned Utilities shall be entitled to 39.38 percent. 5.2.3 The Southern California Public Agencies shall be entitled to 7.29 percent. 5.2.4 Western for DOE laboratories and federal wildlife refuges, shall be entitled to 6.25 percent . 5.2.5 The CDWR shall be entitled to 6. 25 percent . 5.3 If CDWR elects not to exercise its rights to purchase Project transfer capability pursuant to Section 8. 1, then the Participants shall continue to be entitled to Project transfer capability in the same percentages as specified in Section 5.1 . 5.4 The Project transfer capability specified to Western in Sections 5 .1, 5.2, and 5.3, is to serve DOE laboratories and federal wildlife refuges unless they make other arrangements with Western or other Participants. In addition, Western shall be provided the following transfer capability in Project facilities between the Redding Substation and Tracy Substation: 5.4.1 ' 300 MW under all operating conditions, with back up service provided by PGandE pursuant to Contract 14-06-200-2948A (Contract 2948A) . -9- • • 5.4.2 Up to an additional 300 MW (above 1900 MW) , to the extent that such transfer capability is available from the Project. 5.5 During construction of the Project, to the extent transmission capacity is available, PGandE will accept CVP power at any point of interconnection between PGandE and Western for delivery to PGandE or to Western loads served from PGandE's system pursuant to Contract 2948A. Any incremental costs incurred by Western because of the outage of its facilities during construction, including wheeling charges paid to PGandE, shall be deemed to be a Project cost. 6.0 Project Financing Responsibility 6.1 Prior to the effective date of any election by CDWR to exercise its rights pursuant to Section 8.1 and unless otherwise agreed pursuant to Section 6.3, the Participants shall be responsible for financing the Project and betterments in the following proportions : 6.1 .1 The Agency, 46.67 percent (approximately 700/1500) ; 6.1 .2 The Investor-Owned Utilities, 45.00 percent (approximately 675/1500) ; 6.1.3 The Southern California Public Agencies, 8.33 percent (approximately 125/1500) . 6.2 Subsequent to the effective date of election by CDWR to exercise its rights pursuant to Section 8.1, ane unless otherwise agreed pursuant to Section 6.3, the Participants shall be responsible for any capital betterments for the Project in the following proportions: 6.2.1 The Agency, 43. 55 percent; 6.2.2 The Investor-Owned Utilities, 42.00 percent; 6.2.3 The Southern California Public Agencies, 7.78 percent; 6.2.4 CDWR, 6.67 percent. -10- • • 6.3 A Participant may agree to assume ( in part or whole) financing responsibility for another Participant's share. Such assumption shall not alter the Project Participation shares in Section 5 . 7.0 Project Ownership 7.1 Except as otherwise agreed by the Participants pursuant to Section 7 .6, the Project, other than the upgraded Western facilities, shall be owned in the following proportions prior to January 1, 2005, and also thereafter, if CDWR does not exercise its rights pursuant to Section 8.1 . 7.1.1 The Agency, 46.67 percent . 7.1.2 The Investor-Owned Utilities, 45.00 percent. 7.1.3 The Southern California Public Agencies, 8.33 percent . 7. 2 If CDWR exercises its rights to purchase Project transfer capability pursuant to Section 8.1, then except as otherwise agreed by the Participants pursuant to Section 7.6, the Project (other than the upgraded Western facilities ) shall be owned in the following proportions after January 1, 2005: 7.2.1 The Agency, 43 . 55 percent . 7.2.2 The Investor-Owned Utilities, 42.00 percent. 7. 2.3 The Southern California Public Agencies, 7.78 percent . 7.2.4 The CDWR, 6.67 percent. 7 . 3 Unless prohibited by law or unless otherwise agreed pursuant to Section 7.6, the upgraded Western facilities shall be owned in the following proportions prior to January 1, 2005: 7.3.1 The Agency, 36.84 percent (700/1900) . 7.3.2 The Investor-Owned Utilities, 35.53 percent (675/1900) . 7.3.3 The Southern California Public Agencies, 6.58 percent (125/1900) . • 7.3.4 Western, 21.05 percent (400/1900) . 7.4 Unless prohibited by law or unless otherwise agreed pursuant to Section 7.6, the upgraded Western facilities shall be owned in the following proportions on and after January 1, 2005, if CDWR exercises its rights to purchase pursuant to Section 8.1. 7.4.1 The Agency, 34. 39 percent (approximately 653/1900) . 7.4.2 The Investor-Owned Utilities, 33.16 percent (approximately 630/1900) . 7.4.3 The Southern California Public Agencies, 6.14 percent (approximately 117/1900) . 7.4.4 Western, 21.05 percent (400/1900) . 7.4.5 CDWR, 5.26 percent (100/1900) . 7. 5 If CDWR elects not to exercise its rights pursuant to Section 8.1, then the proportions owned on and after January 1, 2005, shall be as specified in Section 7.3. 7.6 A Participant may agree to assume ownership of all or part of another Participant' s ownership share and provide firm transmission service to such other Participant in an amount that the Participant' s ownership share plus transmission service hereunder shall equal the Participant ' s Project participation share in Section 5. 8.0 Rights for the California Department of Water Resources 8.1 Effective January 1, 2005, CDWR will have a right to buy pro rata from all Participants, except Western, 6.25 percent of the Project as the Project exists as of the date CDWR exercises its right. Unless another price is mutually agreed to by the selling Participant and CDWR, CDWR shall pay each selling Participant the original construction cost (including the original construction cost associated with -12- S • Western's entitlement ) , including the interest it incurred during construction, plus the original cost of capital improvements and betterments (including the original cost of capital improvements and betterments associated with Western' s entitlement) , including interest it incurred during construction, allocable to the respective pro rata share of the Project that the Participant is selling to CDWR. Within one year after the Project is energized, each Participant shall provide CDWR with a statement of the original construction cost (including the original construction cost associated with Western' s entitlement) , including the interest it incurred during construction for its share of the Project so that CDWR can determine the cost it shall be obligated to pay such Participant if it exercises its rights under this Section 8.1 . Within one year after any capital improvements or betterments are completed prior to the date of exercise by CDWR, each Participant shall provide CDWR with a statement of construction costs incurred for such capital improvements, or betterments (including the original construction cost of capital imprQvenkents and betterments associated with Western' s entitlement) including interest it incurred during construction with respect to its share, so that CDWR can determine the cost it shall be obligated to pay such Participant if it exercises its rights under this Section 8.1. 8.2 Subject to (1) satisfaction of Section 11.4 of this MOU as to participation of PGandE in the Project, (2) execution by CDWR of the participation agreement, and (3) construction of the Project, the term of the Extra High Voltage Contract, dated August 1, 1967, among CDWR, PGandE, SDG&E, and SCE, or the successor(s) in interest to SDG&E and SCE, shall be . -13- • • extended for the useful life of the existing AC Intertie. Notwithstanding any terms to the contrary in the Extra High Voltage Contract, if the Parties cannot reach agreement on the rates that CDWR is to pay during the extended term of this contract, after 2004 PGandE, SCE, and SDG&E, or the successor(s) in interest to SDG&E and SCE, may unilaterally make application to FERC for a change in rates, under Section 205 of the Federal Power Act and pursuant to the FERC's Rules and Regulations promulgated thereunder. 8.2.1 CDWR shall be considered a Participant for the purposes of Sections 3.3.3 and. 10.4.. p 8. 3 Upon exercise of CDWR' s rights under Section 8.1, PGandE and SCE shall provide firm transmission capacity to deliver CDWR' s 100 MW to Midway and Vincent Substations, under reasonable rates, terms, and conditions. 8.4 Except as provided in Section 8.2, nothing in this agreement shall modify or change CDWR' s rights under the Extra High Voltage Agreement dated August 1, 1967. 9.0 The EHV Contract Between SMUD, PGandE, SCE, and SDG&E 9.1 PGandE, SCE, and SDG&E, pursuant to Article 33 of the August 1, 1967 contract entitled "Contract Between California Companies and Sacramento Municipal Utility District for Extra High Voltage Transmission and Exchange Service" between SMUD, PGandE, SCE, and SDG&E (EHV Contract) , consent to an assignment by SMUD of up to 50 MW of SMUD' s 200 MW entitlement pursuant to the EHV Contract to California publicly owned utilities on such terms as may be negotiated between SMUD and the California publicly owned utilities; provided, however that such terms shall be consistent with, shall not amend, and shall not -14- 411 interfere with the performance of any rights or obligations under the EHV Contract. Such assignment may commence on January 1, 1985 and shall terminate on the earliest to occur of, (1) the date when the California-Oregon Transmission Project becomes operational, (2) the date when the participation of PGandE, SCE, and SDG&E is terminated because the approvals under Section 11 .4 cannot be obtained or because those approvals are unsatisfactory to PGandE, SCE, and SDG&E, (3) the date when the Project is terminated prior to its operation, such termination to be deemed to have occurred on January 1, 1993, if no work has been done on the Project for three years prior to that date. Such an assignment shall not impair' SMUD's right to utilize any assigned entitlement after termination of the assignment. 10.0 Layoff Arrangements 10. 1 The Agency shall lay off on a firm basis 50 MW of Project transfer capability to the Southern California Public Agencies between 1990 and 1994. The Agency shall lay off on a firm basis 25 MW of Project transfer capability to the Southern California Public Agencies between 1995 and 1999. 10. 2 The Agency shall lay off on a firm basis Project transfer capability to the Investor-Owned Utilities, as indicated below: 1990: 200 MW 1991: 175 MW 1992: 150 MW 1993: 125 MW 1994: 100 MW 1995: 75 MW 1996: 50 MW 1997: 25 MW 1998 and thereafter: 0 MW -15- S 10.3 Layoff of Project transfer capability pursuant to Sections 10.1 and 10.2 shall be sold at the cost of said transfer capability based on public financing plus contingencies of 25 percent . It is recognized that the layoff amounts set forth in Sections 10.1 and 10.2 will be converted to a percentage of the minimum design transfer capability of 1600 MW and applied to the actual transfer capability determined by the Management Committee. 10.4 An important goal of the Project is to benefit the Participants and their respective ratepayers, commensurate with the risks inherent in the Project. To the extent that any Participant does not need its Project transfer capability to meet the loads of its system (directly or by exchange) and its firm layoff requirement pursuant to Sections 10.1 and 10.2 hereunder, such remaining transfer capability shall be made available to the other Participants . 10.4.1 Long-term transfer capability is transfer capability for which a five-year advance notice is required. Short-term transfer capability is transfer capability for which less than five years notice is required. 10.4. 2 Layoff transfer capability as specified in Section 10.4 shall be made available on a cost basis. Long-term transfer capability shall be offered at no less than the cost of transfer capability based on public financing plus contingencies of 25 percent. Short-term transfer capability shall be offered at no less than the cost of transfer capability based on public financing with no contingency adder. 10.4.3 If there are no Participants wishing to purchase either long-term or short-term -16- 4 layoff at the applicable price pursuant to Section 10.4.2, then the selling Participant can use its excess transfer capability to deliver power to a Participant or to other entities under any terms and conditions or make its Project transfer capability available to others. 10.5 Nothing in Section 10.4 shall prevent any Participant from utilizing its Project transfer capability to transmit power to other Participants or entities in the Northwest. 11.0 Approval by the Secretary of Energy, Congress and other Governmental Agencies If, after a public notice procedure and due deliberation by the Secretary, this MOU is adopted by the Secretary as the basis for development of the Project, the Participants agree as follows: 11.1 This MOU shall be submitted by the Secretary in his report to Congress, pursuant to Public Law 98-360. 11.2 The Participants shall support the passage of legislation in the form attached hereto as "Exhibit A", authorizing the implementation of the Project in accordance with this MOU. The Participants shall also support report language accompanying such legislation in the form attached as "Exhibit B", which determines that the plan for development and operation of the Project in accordance with this MOU is in the public interest. 11 .3 Contracts among the Participants shall then be negotiated to implement these principles. As a condition of execution of any contracts implementing this MOU each Participant shall furnish the other Participants with a written Opinion of Counsel in which it is represented that said Participant has the authority to enter into such contracts and to be -17- 411 bound by the terms and conditions thereof. In the case of Agency, each major member agency thereof shall furnish such Opinion of Counsel. 11.4 The contracts negotiated to implement these Principles shall be submitted to, and shall be subject to satisfactory approvals and permits of, local, state and federal governmental agencies having jurisdiction over the Participants to the contracts or the actions contemplated here . 11.5 If the conditions in Section 11.4 are not satisfied as to any Participant, without changes or new conditions unacceptable to such Participant, such Participant shall no longer be bound by any provision of this MOU. 12.0 Signature Clause The signatories to this MOU represent that they have been appropriately authorized to enter into this MOU on behalf of the Party for whom they sign. This MOU may be executed in counterparts. This MOU is executed as of the 19th day of December, 1984. (Seal) CITY OF ANAHEIM Attesd . - By: 4Date: ie_I.-1S APPRMD AS TO,7FOF`!�4: SPeC l Counsel to City of Anaheim Dated: / - 2 - ,fib CITY OF AZUSA By: Date: -18- 411 411 bound by the terms and conditions thereof. In the case of Agency, each major member agency thereof shall furnish such Opinion of Counsel. 11.4 The contracts negotiated to implement these Principles shall be submitted to, and shall be subject to satisfactory approvals and permits of, local, state and federal governmental agencies having jurisdiction over the Participants to the contracts or the actions contemplated here. 11.5 If the conditions in Section 11.4 are not satisfied as to any Participant, without changes or new conditions unacceptable to such Participant, such Participant shall no longer be bound by any provision of this MOU. 12.0 Signature Clause The signatories to this MOU represent that they have been appropriately authorized to enter into this MOU on behalf of the Party for whom they sign. This MOU may be executed in counterparts. This MOU is executed as of the 19th day of December, 1984. CITY OF ANAHEIM By: Date: CITY OF AZUSA By: !‘ Grt D Date: "December 18, 1984 -18- o • �. CITY OF BANNING BY: ---46-0-el; Date: /!j 9f S ' CITY OF COLTON 1 BY: i Date: t • CITY OF RIVERSIDE By: Data• : • CITY OF VERVON By: • • Date: CALIFORNIA DEPART!WR OF WATER RESOURCES BY: Date: PACIFIC GAS AND ELECTRIC COMPANY By: Date: -19- CITY OF WANNr---- SY* Date: CITY OF COLT ay .4••-'- Date 1 . . CITY or NIVRRSIDIC SY t Date CITY OP VERNON Sys Date: cmarroRarrA azrAznuarr or MATER MOO = ig • Mao, PACIFIC GAS AND SIZCIMIC COMPANY 571 Date$ -19- 411 411 CITY OF BANNING By: Date: CITY OF COLTON By: Date: CITY OF RIVERSIDE AP IP • . TO na �� i By: 011 01 Date: .7- P" c31Y ATTORNEY .J h u .t r,! /�C, I�l $ I CITY OF VERNON By: Date: CALIFORNIA DEPARTMENT OF WATER RESOURCES By: Date: PACIFIC GAS AND ELECTRIC COMPANY By: Date: _. o_ • • CITY OF BANNING By Datez CITY OF COLTON By: Dates CITY OF RIVERSIDE BY:� �---- Date: CITY OF VERNON MAYOR Date: 12-18-84 CALIFORNIA DEPARTMENT OF MATER RESOURCES By: Dates PACIFIC OAS AND ELECTRIC COMPANY By: Date: -19- ._ • CITY OF BANNING By: Date: CITY OF COLTON By: Date: CITY OF RIVERSIDE By: Date: CITY OF VERNON By: Date: CALIFORNIA DEPARTMENT OF Approved ae to legal Lora WATER RESOURCES and sufficiency: Cou•s• D tart.- . Date : tZ_..14, g4 of Water Reao cea . PACIFIC GAS AND ELECTRIC COMPANY By: Date: —19— ;s • • CITY OF BANNING By: Date: CITY OF COLTON By: Date: CITY OF RIVERSIDE By: Date: • CITY OF VERNON By: Date: CALIFORNIA DEPARTMENT OF WATER RESOURCES By: Date: PACIFIC GAS AND ELECTRIC COMPANY By:�S�"`?6 ?-7-; 'l ' . 4 :17 Date: December 18, 1984 _10_ • }RAIQDLM OF [ ERSTAA DD4G CALIFORNIA-OREGON TFZANSN1ISSION PROJECT SAN DIEGO GAS AND ELECTRIC COMPANY By: -� al Date: f cem.6er ( , (YP"}• SOUTHERN CALIFORNIA EDISON COMPANY By: Date: WESTERN AREA POWER ADMINISTRATION By: - Date: TRANSMISSION AGENCY OF NORTHERN CALIFORNIA By: Date: LOS ANGELES DEPARTMENT OF WATER AND POWER By: Date: III • SAN DIEGO GAS AND ELECTRIC COMPANY By: Date: SOUTHERN u• ORNI= E ISDN COM%• BY: Date: /2 - -, WESTERN AREA POWER ADMINISTRATION By: - Date: TRANSMISSION AGENCY OF NORTHERN CALIFORNIA By: Date: LOS ANGELES DEPARTMENT OF WATER AND POWER By: Date: -20- • SAN DIEGO GAS AND ELECTRIC COMPANY By: Date: SOUTHERN CALIFORNIA EDISON COMPANY By: Date: WESTERN AREA POWER ADMINISTRATION By: Date: TRANSMISSION AGENCY OF NORTHERN CALIFO• A Date: /L. LOS ANGELES DEPARTMENT OF WATER AND POWER By: Date: • • SAN DIEGO GAS AND ELECTRIC COMPANY By: Date: SOUTHERN CALIFORNIA EDISON COMPANY By: Date: WESTERN AREA POWER ADMINISTRATION By: jl/�t�t � C C - * Date: / 4? 1)ez g¢ */ Subject to a public involvement proceeding and, after consideration of public comments, adoption of this MOU, as may be modified based on such public comments, by the Secretary of Energy. • TRANSMISSION AGENCY OF NORTHERN CALIFORNIA By: Date: LOS ANGELES DEPARTMENT OF WATER AND POWER By: Date: -20- 411 • SAN DIEGO GAS AND ELECTRIC COMPANY By: Date : SOUTHERN CALIFORNIA EDISON COMPANY By: Date: WESTERN AREA POWER ADMINISTRATION By: Date: • TRANSMISSION AGENCY OF NORTHERN CALIFORNIA By: Date : DEPARTMENT OF WATER AND POWER OF THE CITY OF LOS ANGELES ?ROVED AS TO fO7M i.EGALUY ;:,1 f:';;[;, CiIY ATTORNEY By G BOARD OF WATER AND POWER COMMISSIONERS Q n.1cOF THE TY OF L•S - • NGELES 1 t, 2446-- <.;! �..Cyx WESSON and ` i . tmee [ G*� `\ ecretary � r*t vi tli ab (=> V. o U, _,n_ • "Exhibit A" Suggested Legislation The Secretary of Energy is authorized to cause the construction of a third AC transmission line from the Pacific Northwest to California in accordance with a Memorandum of Understanding submitted by the Secretary pursuant to Public Law 98-360. 411 "Exhibit B" Suggested Report Language in Appropriations Legislation in Both Rouses or Zonference The Secretary has, pursuant to Public Law 98-360, reported a conceptual plan for construction of the line, which is described in detail in a Memorandum of Understanding signed by most of the privately and publicly owned utilities in California. The plan for development and operation of the new 500-kV AC line and associated facilities described in the Memorandum is in the public interest and will benefit the electric consumers of the Pacific Northwest and Southwest. Accordingly, the Secretary is instructed to work with the California utilities and proceed with development and operation of the Project in accordance with the Memorandum. • • APPENDIX B 4,A) ®mow CALIFORNIA-OREGON TRANSMI SS I ON PROJECT MEMORANDUM! OF UNDERSTANDING ANNEX 111 111 1 CONFORMED COPY 2 fe 3 CALIFORNIA-OREGON TRANSMISSION PROJECT 4 MEMORANDUM OF UNDERSTANDING ANNEX 5 6 Among 7 8 City of Anaheim 9 City of Azusa 10 City of Banning 11 City of Colton 12 City of Riverside 13 City of Vernon 14 California Department of Water Resources 15 Los Angeles Department of Water and Power 16 Pacific Gas and Electric Company 17 San Diego Gas & Electric Company 18 Southern California Edison Company 19 Transmission Agency of Northern California 20 Western Area Power Administration 21 Carmichael Water District 22 El Dorado Hills Community Services District 23 San Juan Suburban Water District 24 Shasta Dam Area Public Utility District 25 Southern San Joaquin Valley Power Authority 26 Trinity County Public Utility District 27 28 March 19, 1986 • TABLE OF CONTENTS 2 3 SECTION PAGE 4 5 RECITALS. 2 6 1. DEFINITIONS AND CATEGORIES OF PARTICIPANTS 3 7 2. ASSUMPTION OF OBLIGATIONS AND RIGHTS 4 8 3. PROJECT MANAGEMENT 5 9 4. MEMORANDUM OF UNDERSTANDING--PROJECT PARTICIPATION 10 SHARES 6 11 5. MEMORANDUM OF UNDERSTANDING--PROJECT FINANCING 12 RESPONSIBILITY 9 13 6. MEMORANDUM OF UNDERSTANDING--PROJECT OWNERSHIP 10 14 7. RIGHTS OF THE CALIFORNIA DEPARTMENT OF WATER 15 RESOURCES 15 16 8. PROJECT DEVELOPMENT AGREEMENT--PROJECT OWNERSHIP, 17 ENTITLEMENT TO TRANSFER CAPABILITY OF THE PROJECT 18 AND PROJECT FINANCING RESPONSIBILITY 18 19 9. CHANGES IN OWNERSHIP, PARTICIPATION SHARE, AND 20 FINANCING RESPONSIBILITY 20 21 10. REIMBURSEMENT OF CURRENT PARTICIPANTS 20 22 11. CONSTRUCTIVE WITHDRAWAL 22 23 12. ASSIGNMENT 25 24 13. OPINIONS OF COUNSEL 27 25 14. SIGNATURE CLAUSE 28 26 27 28 iii • 410 MEMORANDUM OF UNDERSTANDING ANNEX 2 CALIFORNIA-OREGON TRANSMISSION PROJECT 3 4 This Memorandum of Understanding Annex ( "HOU Annex") shall 5 be effective as of February 22, 1986, and is entered into by the 6 City of Anaheim (Anaheim) , City of Azusa (Azusa) , City of Banning 7 (Banning) , City of Colton (Colton) , City of Riverside 8 (Riverside) , City of Vernon (Vernon) , collectively referred to as 9 "Southern California Public Agencies" ; California Department of 10 Water Resources (CDWR) ; Pacific Gas and Electric Company 11 (PGandE) , San Diego Gas and Electric Company (SDG&E) , and 12 Southern California Edison Company (SCE) , collectively referred 13 to as "Investor-Owned Utilities" ; the Western Area Power 14 Administration (Western) ; the Transmission Agency of Northern 15 California (Agency) , a joint powers agency composed of the Cities 16 of Alameda, Biggs, Gridley, Healdsburg, Lodi, Lompoc, Palo Alto, 17 Redding, Roseville, Santa Clara, and Ukiah, the Plumas-Sierra t8 Rural Electric Cooperative, the Sacramento Municipal Utility 19 District, the Modesto Irrigation District, and the Turlock 20 Irrigation District; hereinafter sometimes referred to 21 individually as "Current Participant" and collectively as 22 "Current Participants" ; the Los Angeles Department of Water and 23 Power (LADWP), representing itself and the Cities of Glendale, 24 Burbank, and Pasadena, a non-voting member of the Management 2Committee; and Southern San Joaquin Valley Power Authority (South 26 San Joaquin), a joint powers agency; Trinity County Public 27 Utility District (Trinity) ; Shasta Dam Area Public Utility 28 District (Shasta) ; San Juan Suburban Water District (San Juan) ; i }s -1- • • El Dorado Hills Community Services District (El Dorado) ; and 2 Carmichael Water District (Carmichael) , hereinafter sometimes 3 referred to individually as "Additional Participant" and 4 collectively as "Additional Participants." 5 6 RECITALS WHEREAS, the Current Participants, along with LADWP, have i 8 executed the Memorandum of Understanding, California-Oregon 9 Transmission Project dated December 19, 1984 ("MOU") , and the 10 Current Participants, except for CDWR, have executed a 11 Supplemental Letter Agreement to the MOU, the Interim Cost 12 Sharing Agreement effective April 1, 1985, and the Project 13 Development Agreement ( "PDA") effective September 30, 1985, for 14 the purpose of developing the California-Oregon Transmission 15 Project ("Project") , and 16 WHEREAS, the Secretary of Energy, by his Memorandum of 17 Decision ("MOD") of February 7, 1985 approved the MOU subject to 18 the modifications and conditions set forth in the MOD, which MOD 19 as been clarified by the May 4, 1985 letter from the Acting 20 General Counsel of the Department of Energy; and 21 WHEREAS, certain non-federal public entities were, under 22 terms and conditions specified by Western in 50 Fed. Reg. 23 31912 (1985) , allocated entitlements within the 3.125 per cent of 24 Project transfer capability reserved to them by the Secretary of 25 Energy, which non-federal public entities and their allocated 26 entitlements are set out at 50 Fed. Reg. 42769 (1985) , and 27 WHEREAS, such non-federal public entities, designated as 28 the Additional Participants, as one condition of receiving and 410 • using such entitlement must sign an agreement with the Current 1 Participants by which they assume all appropriate obligations and 2 3 become entitled to all applicable rights and benefits of the Project defined to date, 4 NOW, THEREFORE, the Additional Participants, the Current 5 Participants, and LADWP agree as follows: 6 7 8 1. DEFINITIONS AND CATEGORIES OF PARTICIPANTS 9 1.1 For purposes of this MOU Annex, a "Participant" is 10 an entity having the obligations, rights and 11 benefits of a Participant as that term is used in 12 the MOU, the Supplemental Letter Agreement, the 13 Interim Cost Sharing Agreement, the PDA and any 14 other agreementrelated to the Project which has 15 been signed by all or substantially all the 16 Current Participants and Additional Participants. 17 1.2 A Nonutility Participant is any Additional 18 Participant which (1) is not a public electric 19 utility regulated under applicable state law or 20 the Federal Power Act or exempted from such 21 regulation by reason of being a public entity, or 22 (2) does not have public utility responsibilities 23 with regard to serving electric power to 24 customers. Nonutility Participants have the same 25 rights, obligations and benefits as Participants 26 except as provided in Section 2.2 below. As of 27 the effective date of this Agreement, the 28 Nonutility Participants are South San Joaquin, San 11 _3_ 110 • 1 Juan and Carmichael. Nothing contained herein 2 shall preclude a Nonutility Participant from 3 changing its status at a later date, to no longer 4 be a Nonutility Participant. 5 6 2. ASSUMPTION OF OBLIGATIONS AND RIGHTS 7 2.1 Each Additional Participant agrees to and is bound 8 hereby by all provisions, terms and conditions of 9 the MOU as modified by the MOD of the United 10 States Secretary of Energy, dated February 7, 11 1985, as interpreted by the letter of the United 12 States Department of Energy Acting General 13 Counsel, dated May 4, 1985, and as such MOU may be 14 further amended, the Supplemental Letter 15 Agreement, the Interim Cost Sharing Agreement and 16 the PDA, all as modified by this MOU Annex, as if 17 each Additional Participant had duly executed such 18 agreement. 19 2.2 In accordance with the May 4, 1985 letter from the 20 Acting General Counsel of the Department of 21 Energy, which provides in part that the Secretary 22 of Energy's MOD was not intended to impose a 23 precedent for wheeling to end-users, Section 2.4 24 of the MOU and Sections 34.3 and 34.4 of the PDA, 25 which implement Section 2.4 of the MOU, shall not 26 be applicable to Nonutility Participants. 27 Section 10.5 of the MOU shall not be applicable to 28 any Nonutility Participant. 411 • 1 3. PROJECT MANAGEMENT 2 The following is substituted for and replaces Section 4.1 3 of the MOU: 4 "4.1 A Management Committee, chaired by a 5 representative of the Agency, is hereby formed to 6 oversee and approve the planning, design, 7 construction, operation and maintenance of the 8 Project. Each Participant in the Project shall 9 have representation on the Management Committee, 10 with the members of the Agency being represented 11 by the Agency, and the Southern California Public 12 Agencies being represented by one Participant of 13 their choice, and each Additional Participant 14 being jointly represented by one Additional 15 Participant, provided that any Additional 16 Participant may designate instead a Current 17 Participant 's Management Committee Representative 18 to represent it on the Management Committee. All 19 actions or decisions by the Management Committee 20 shall be by agreement of at least 75 percent 21 interest of the Participants entitled to vote 22 based on Project Participation shares between the 23 California-Oregon border area and Tesla 24 Substation, as expressed in Section 5. A 25 Management Committee Representative who represents 26 more than one Participant shall separately vote 27 the interests of each Participant represented. 28 Subcommittees shall be formed as needed to address -5- 411 specific aspects of the Project. CDWR, prior to 2 exercise of rights under Section 8.1, and LADWP 3 shall also have non-voting representation on the 4 Management Committee. Each Participant, including 5 each of the Southern California Public Agencies 6 and each of the Additional Participants, and each 7 of the members of the Agency, shall be given 8 advance notification of all meetings of the 9 Management Committee and may attend meetings." 10 11 4. MEMORANDUM OF UNDERSTANDING--PROJECT PARTICIPATION SHARES 12 4.1 The following is substituted for and replaces 13 Section 5.1 of the MOU: 14 "5.1 The Participants shall be entitled to 15 Project transfer capability between the 16 California-Oregon border area and Tesla 17 Substation prior to January 1, 2005, in 18 the following proportions: 19 5.1.1 The Agency shall be entitled 20 to 42.2916 percent; 21 5.1.2.. The Investor-Owned Utilities 22 shall be entitled to 40.7837 23 percent; 24 5.1.3 The Southern California Public 25 Agencies shall be entitled to 26 7.5497 percent; 27 5.1.4 Western for DOE laboratories 28 and federal wildlife refuges -6- 4 • shall be entitled to 6.2500 2 percent; 3 5.1.5 South San Joaquin shall be 4 entitled to 2.0625 percent; 5 5.1.6 Trinity shall be entitled to 6 .3125 percent; 7 5.1.7 Shasta shall be entitled to 8 .4375 percent; 9 5.1.8 San Juan shall be entitled to 10 .0625 percent; 11 5.1.9 El Dorado shall be entitled to 12 .1875 percent; 13 5.1.10 Carmichael .0625 percent." 14 4.2 The following is substituted for and replaces 15 Section 5.2 of the MOU: 16 "5.2 If CDWR exercises its rights and 17 purchases its share of the Project in 18 accordance with Section 8.1 of the MOU, 19 then the Participants shall be entitled 20 to Project transfer capability between 21 the California-Oregon border area and 22 Tesla Substation commencing on 23 January 1, 2005, in the following 24 proportions: 25 5.2.1 The Agency shall be entitled 26 to 39.4690 percent; 27 28 -7- i 410 1 5.2.2 The Investor-Owned Utilities 2 shall be entitled to 38.0673 3 percent ; 4 5.2.3 The Southern California Public 5 Agencies shall be entitled to 6 7.0470 percent; 7 5.2.4 Western for DOE laboratories 8 and federal wildlife refuges 9 shall be entitled to 6.2500 10 percent ; - 11 5.2.5 South San Joaquin shall be 12 entitled to 2.0625 percent; 13 5.2.6 Trinity shall be entitled to 14 .3125 percent; 15 5.2.7 Shasta shall be entitled to 16 .4375 percent; 17 5.2.8 San Juan shall be entitled to 18 .0625 percent; 19 5.2.9 El Dorado shall be entitled to 20 .1875 percent; 21 5.2.10 Carmichael shall be entitled 22 to .0625 percent; 23 5.2.11 The CDWR shall be entitled to 24 6.0417 percent." 25 26 27 28 -8- • • 1 5. MEMORANDUM OF UNDERSTANDING--PROJECT FINANCING 2 RESPONSIBILITY 3 5.1 The following is substituted for and replaces 4 Section 6.1 of the MOU: 5 "6.1 Prior to the effective date of any 6 election by CDWR to exercise its rights 7 in accordance with Section 8.1 of the 8 MOU and unless otherwise agreed in 9 accordance with Section 6.3 of the MOU, 10 the Participants, shall be responsible 11 for financing the Project and 12 betterments in the following 13 proportions: 14 6.1.1 The Agency, 45.1110 percent; 15 6.1.2 The Investor-Owned Utilities, 16 43.5026 percent; 17 6.1.3 The Southern California Public 18 Agencies, 8.0530 percent; 19 6.1.4 South San Joaquin, 2.2000 20 percent; 21 6.1.5 Trinity, .3333 percent; 22 6.1.6 Shasta, .4667 percent; 23 6.1.7 San Juan, .0667 percent; 24 6.1.8 El Dorado, .2000 percent; 25 6.1.9 Carmichael, .0667 percent." 26 5.2 The following is substituted for and replaces 27 Section 6.2 of the MOU: 28 -9- S • "6.2 Subsequent to the effective date of 2 election by CDWR to exercise its rights 3 in accordance with Section 8.1 of the 4 MOU, and unless otherwise agreed in 5 accordance with Section 6.3 of the MOU, 6 the Participants, shall be responsible 7 for any capital betterments for the 8 Project in the following proportions: 9 6.2.1 The Agency, 42.1002 percent; 10 6.2.2 The Investor-Owned Utilities, 11 40.6052 percent; 12 6.2.3 The Southern California Public 13 Agencies, 7.5168 percent; 14 6.2.4 The CDWR, 6.4444 percent; 15 6.2.5 South San Joaquin, 2.2000 16 percent; 17 6.2.6 Trinity, .3333 percent; 18, 6.2.7 Shasta, .4667 percent; 19 6.2.8 San Juan, .0667 percent; 20 6.2.9 El Dorado, .2000 percent; 21 6.2.10 Carmichael, .0667 percent." 22 23 6. MEMORANDUM OF UNDERSTANDING--PROJECT OWNTERSHIP 24 6.1 The following is substituted for and replaces 25 Section 7.1 of the MOU: 26 "7.1 Except as otherwise agreed by the 27 Participants in accordance with 28 Section 7.6 of the MOU, the Project, -10- • 411 1 other than the upgraded Western 2 facilities, shall be owned in the 3 following proportions prior to 4 January 1, 2005, and also thereafter, 5 if CDWR does not exercise its right in 6 accordance with Section 8.1 of the MOU: 7 7.1.1 The Agency, 45.1110 percent; 8 7.1.2 The Investor-Owned Utilities, 9 43.5026 percent; 10 7.1.3 The Southern California Public 11 Agencies, 5.0530 percent; 12 7.1.4 South San Joaquin, 2.2000 13 percent; 14 7.1.5 Trinity, .3333 percent; 15 7.1.6 Shasta, .4667 percent; 16 7.1.7 San Juan, .0667 percent; 17 7.1.8 El Dorado, .2000 percent; 18 7.1.9 Carmichael, .0667 percent." 19 6.2 The following is substituted for and replaces 20 Section 7.2 of the MOU: 21 "7.2 If CDWR exercises its rights to 22 purchase Project transfer capability in 23 accordance with Section 8.1 of the MOU, 24 then except as otherwise agreed by the 25 Participants in accordance with 26 Section 7.6 of the 140U, the Project, 27 other than the upgraded Western 28 facilities, shall be owned in the -11 - • • 1 following proportions after January 1, 2 2005: 3 7.2.1 The Agency, 42.1002 percent; 4 7.2.2 The Investor-Owned Utilities, 5 40.6052 percent; 6 7.2.3 The Southern California Public 7 Agencies, 7.5168 percent ; 8 7.2.4 The CDWR, 6.4444 percent; 9 7.2.5 South San Joaquin, 2.2000 10 percent; 11 7.2.6 Trinity, .3333 percent; 12 7.2.7 Shasta, .4667 percent; 13 7.2.8 San Juan, .0667 percent; 14 7.2.9 El Dorado, .2000 percent; 15 7.2.10 Carmichael, .0667 percent." 16 6.3 The following is substituted for and replaces 17 Section 7.3 of the MOU: 18 "7.3 Unless prohibited by law or unless 19 otherwise agreed in accordance with 20 Section 7.6 of the MOU, the portion of 21 the upgraded Western facilities not 22 owned by Western shall be owned in the 23 following proportions prior to 24 January 1, 2005: 25 7.3.1 The Agency, 45.1110 percent, 26 (approximately 677/1500) ; 27 28 -12- 4 • 1 7.3.2 The Investor-Owned Utilities, 2 43. 5026 percent, 3 (approximately 652/1500) ; 4 7.3.3 The Southern California Public 5 Agencies, 8.0530 percent 6 (approximately 121/1500) ; 7 7.3.4 South San Joaquin, 2.200 8 percent (approximately 9 33/1500) ; 10 7.3.5 Trinity, .3333 percent 11 (approximately 5/1500) ; 12 7.3.6 Shasta, .4667 percent 13 (approximately 7/1500) ; 14 7.3.7 San Juan, .0667 percent 15 (approximately 1/1500) ; 16 7.3.8 El Dorado, .2000 percent 17 (approximately 3/1500) ; 18 7.3.9 Carmichael, .0667 percent 19 (approximately 1/1500) . 20 The Participants recognize that the 21 facilities to be owned by Western shall 22 be determined in accordance with the 23 provisions of the MOU, approved by the 24 Secretary of Energy by the MOD, which 25 MOD was clarified by the May 4, 1985 26 letter from the Acting General Counsel 27 of the Department of Energy. Further 28 negotiations of the particulars of the -11- ! ! ownership of facilities by Western will 2 be required as engineering of the 3 Project progresses ." 4 6.4 The following is substituted for and replaces 5 Section 7.4 of the MOU: 6 "7.4 Unless prohibited by law or unless 7 otherwise agreed in accordance with 8 Section 7.6 of the MOU, the portion of 9 the upgraded Western facilities not 10 owned by Western shall be owned in the 11 following proportions on and after 12 January 1, 2005, if CDWR exercises its 13 rights to purchase in accordance with 14 Section 8.1 of the MOU: 15 7.4.1 The Agency, 42.1002 percent 16 (approximately 631/1500) ; 17 7.4.2 The Investor-Owned Utilities, 18 40.6052 percent (approximately 19 609/1500) ; 20 7.4.3 The Southern California Public 21 Agencies, 7.5168 percent 22 (approximately 113/1500) ; 23 7.4.4 The CDWR, 6.4444 percent 24 (approximately 97/1500) ; 25 7.4.5 South San Joaquin, 2.200 26 percent (approximately 27 33/1500) ; 28 -14- • • 1 7.4.6 Trinity, .3333 percent 2 (approximately 5/1500) ; 3 7.4.7 Shasta, .4667 percent 4 (approximately 7/1500) ; 5 7.4.8 San Juan, .0667 percent 6 (approximately 1/1500) ; 7 7.4.9 El Dorado, .2000 percent 8 (approximately 3/1500) ; 9 7.4.10 Carmichael, .0667 percent 10 (approximately 1/1500) . 11 The Participants recognize that the 12 facilities to be owned by Western shall 13 be determined in accordance with the 14 provisions of the MOU, approved by the 15 Secretary of Energy by the MOD, which 16 MOD was clarified by the May 4, 1985 17 letter from the Acting General Counsel 18 of the Department of Energy. Further 19 negotiation of the particulars of the 20 ownership of facilities by Western will 21 be required as engineering of the 22 Project progresses.• 23 24 7. RIGHTS OF THE CALIFORNIA DEPARTMENT OF WATER RESOURCES 25 7.1 The following is substituted for and replaces 26 Section 8.1 of the MOU: 27 "8.1 Effective January 1, 2005, CDWR will 28 have a right to buy pro rata from all -15- • • 1 Current Participants, except Western, 2 6.25 percent, as such percentage is 3 adjusted downward to accommodate the 4 allocation to Additional Participants, 5 of the Project as the Project exists as 6 of the date CDWR exercises its right. 7 Unless another price is mutually agreed 8 to by the selling Current Participant 9 and CDWR, CDWR shall pay each selling 10 Current Participant the original 11 construction cost (including the 12 original construction cost associated 13 with Western's entitlement) , including 14 the interest it incurred during 15 construction, plus the original cost of 16 capital improvements and betterments 17 (including the original cost of capital 18 improvements and betterments associated 19 with Western's entitlement) , including 20 interest it incurred during 21 construction, allocable to the 22 respective pro rata share of the 23 Project that the Current Participant 24 is selling to CDWR. Within one year 25 after the Project is energized, each 26 Current Participant shall provide CDWR 27 with a statement of the original 28 construction cost (including the -16- • • 1 original construction cost associated 2 with Western's entitlement) , including 3 the interest it incurred during 4 construction for its share of the 5 0 Project so that CDWR can determine the 6 cost it shall be obligated to pay such 7 Current Participant if it exercises its 8 rights under this Section 8.1. Within 9 one year after any capital improvements 10 or betterments are completed prior to 11 the date of exercise by CDWR, each 12 Current Participant shall provide CDWR 13 with a statement of construction costs 14 incurred for such capital improvements, 15 or betterments (including the original 16 construction cost of capital 17 improvements and betterments associated 18 with Western's entitlement) including 19 interest incurred during construction 20 with respect to its share, so that CDWR 21 can determine the cost it shall be 22 obligated to pay such Current 23 Participant if it exercises its rights 24 under this Section 8.1" 25 26 27 28 -17- • 8. PROJECT DEVELOPMENT AGREEMENT--PROJECT OWNERSHIP, 2 ENTITLEMENT TO TRANSFER CAPABILITY OF THE PROJECT AND 3 PROJECT FINANCING RESPONSIBILITY 4 8.1 The following is substituted for and replaces 5 Appendix F of the PDA: 6 "Appendix F 7 Project Ownership and Entitlements 8 (Expressed in Percentages) 9 Entitlement to 10 Transfer Capability Ownership 11 of the Projectl/ Interest2/ 12 TANC 42.2916 45.1110 13 14 PGandE 20.3918 - 21.7513 15 SDG&E 2.8549 3.0452 16 SCE 17.5370 18.7061 17 18 Anaheim 3.0198 3.2212 19 Azusa 0.3020 0.3221 20 Banning 0.1510 0.1611 21 Colton 0:3020 0.3221 22 Riverside 2.0762 2.2146 23 Vernon 1.6987 1.8119 24 25 Western 6.2500 0.0000 26 South San Joaquin 2.0625 2.2000 27 Trinity 0.3125 0.3333 28 Shasta 0.4375 0.4667 _, o_ 1111 411 San Juan 0.0625 0.0667 2 El Dorado 0.1875 0.2000 3 Carmichael 0.0625 0.0667 4 100.0000 100.0000 5 6 Between California-Oregon border area and Tesla Substation 7 21 Excluding facilities owned by Western" 8 9 8.2 The following is substituted for and replaces 10 Section 5.1 of the PDA: 11 "5.1 Unless the following percentages are 12 otherwise modified in accordance with 13 Section 5.4 each Participant shall be 14 responsible for paying its share of the 15 costs of Project Development Work in 16 the following Cost Sharing Percentages: 17 TAMC 45.1110 18 Anaheim 3.2212 19 Azusa 0.3221 20 Banning 0.1611 21 Colton 0.3221 22 Riverside 2.2146 23 Vernon 1.8119 24 PGandE 21.7513 25 SCE 18.7061 26 SDG&E 3.0452 27 Western 0.0000 28 South San Joaquin 2.2000 -19- • • 1 Trinity 0.3333 2 Shasta 0.4667 3 San Juan 0.0667 4 El Dorado 0.2000 5 Carmichael 0.0667 6 100.0000" 7 8 9• CHANGES IN OWNERSHIP, PARTICIPATION SHARE, AND FINANCING 9 RESPONSIBILITY 10 9.1 Sections 4, 5, 6, 7, and 8 of this MOU Annex shall 11 whenever necessary be modified by restating 12 percentages to conform to changes in Project 13 Participation Share, Project Ownership and Project 14 Financing Responsibility, as these terms are used 15 in the MOU, in accordance with the provisions of 16 the PDA or other agreements among the Participants 17 which provide for such changes. 18 9.2 Each Participant may assign its rights and 19 obligations in the Project in accordance with 20 Section 17 of the PDA and any applicable provision 21 of the Participation Agreement contemplated in 22 Sections 2.4 and 11.4 of the PDA, including the 23 layoff of Project transfer capability rights in 24 accordance with Section 10.4 of the MOU. 25 26 10. REIMBURSEMENT OF CURRENT PARTICIPANTS 27 10.1 Not later than ten (10) days after the effective 28 date of this MOU Annex, each Additional f �# -20- 111 • 1 Participant shall reimburse each Current 2 Participant, except CDWR, for its share of all 3 payments made and due and payable to the Project 4 Manager by each Current Participant as of the 5 effective date of this MOU Annex for Project 6 Development Work in accordance with the Interim 7 Cost Sharing Agreement and the Project Development 8 Agreement plus interest in accordance with 9 Section 10.3 below. 10 10.2 Each Additional Participant 's share of such costs 11 shall be that amount that each Additional 12 Participant would have paid to the Project Manager 13 for Project development work had that Additional 14 Participant been an original signator to the MOU 15 and paid all amounts due and payable under the 16 Interim Cost Sharing Agreement and the Project 17 Development Agreement, based upon its financing 18 responsibility percentage. 19 10.3 The amount to beereimbursed by each Additional 20 Participant to each Current Participant in 21 accordance with this Section 10, shall include an 22 interest charge assessed at an annual rate of 23 interest, compounded monthly, equal to the lesser 24 of (a) the applicable first of the month reference 25 rate, or successor, of the Bank of America N.T. & 26 S.A. , San Francisco, California, corresponding to 27 the period for which reimbursement is made; or (b) 28 the maximum interest rate permitted by law. Such -21- • 1 interest shallbe charged against the amount to be 2 reimbursed from the time the Current Participant 3 made its original payment to the time such 4 reimbursement is paid by the Additional 5 Participant . 6 10.4 No later than the effective date of this 7 Agreement, the Project Manager shall compute the 8 amount of funds to be reimbursed by each 9 Additional Participant in accordance with the 10 provisions of this Section 10 and shall provide 11 the results of this computation to each Current 12 Participant and each Additional Participant. The 13 Project Manager shall issue a cash call to the 14 Additional Participants on behalf of the Current 15 Participants to whom reimbursements are to be made 16 and shall collect and disburse those funds 17 collected in accordance with this Section 10. In 18 no case shall the Project Manager, acting in its 19 capacity as such, be responsible on behalf of an 20 Additional Participant for any reimbursement owed 21 to any Current Participant in accordance with this 22 Section 10. 23 24 11. CONSTRUCTIVE WITHDRAWAL 25 11.1 Should any: Additional Participant fail to duly 26 sign this MOU Annex within ten (10) days after its 27 effective date, fail to reimburse Current 28 Participants in accordance withoSection 10, or 111 411 1 fail to meet any condition imposed by Western in 2 its stated allocation criteria (50 Fed. Reg. 3 31912) within the period established by Western, 4 that Additional Participant shall be deemed to 5 have withdrawn from the Project and that 6 Additional Participant 's Share, as defined in the 7 PDA, shall be revoked and placed in an allocation 8 pool for reallocation to the other Additional 9 Participants or the Current Participants (except 10 Western) in a manner consistent with Western's 11 stated criteria (50 Fed. Reg. 31912) . Should any 12 portion of that additional Participant's 13 allocation not be reallocated to the other 14 Additional Participants, such unallocated portion 15 shall revert to the Current Participants and shall 16 be made available to each of them in a manner 17 consistent with Section 13 of the PDA or 18 appropriate provisions of the Participation 19 Agreement, whichever is applicable. Any right to 20 reimbursement for funds paid toward the 21 development and operation of the Project shall be 22 as defined in the PDA or Participation Agreement, 23 as applicable. 24 11.2 The following is substituted for and replaces 25 Section 13.4 of the PDA: 26 "13.4 If the amount of the withdrawing 27 Participant's Share voluntarily assumed 28 by the non-withdrawing Participants is �77� • . • less than 100 percent of the 2 withdrawing Participant's Share, each 3 non-withdrawing Participant shall 4 assume its respective portion of the 5 balance of the withdrawing 6 Participant 's Share, in an amount 7 proportionate to that which its Cost 8 Sharing Percentage bears to the total 9 Cost Sharing Percentages of 10 non-withdrawing Participants identified 11 in Section 5.1, provided that no 12 Participant shall be obligated in total 13 for more that 1.15 times its Cost 14 Sharing Percentage as of the effective 15 date of this Agreement. A Nonutility 16 Participant shall not be obligated to 17 assume any portion of the withdrawing 18 Participant 's Share.' 19 11.3 The following is added as a new Section 13.12 to 20 the PDA: 21 "13.12 If an Additional Participant withdraws 22 from the Project in accordance with 23 Section 13, or is found in default in 24 accordance with Section 20, then such 25 Additional Participant's allocation 26 shall be revoked and shall be made 27 available to the non-withdrawing 28 -24- • • 1 Participants (except Western) on a pro 2 rata basis. 3 4 12. ASSIGNMENT 5 12. The following is substituted for and replaces 6 Section 17.1 of the PDA: 7 "17.1 A Participant may assign or transfer 8 any right or interest in this 9 Agreement, in whole or in part, only 10 after obtaining the written consent of 11 the other Participants, which consent 12 shall not be unreasonably withheld; 13 provided that a Participant may 14 withhold consent to any proposed 15 assignment or transfer either (1) to an 16 entity or association which is not 17 CDWR, Western, or a public electric 18 utility regulated under applicable 19 state law or the Federal Power Act or 20 exempted from such regulation by reason 21 of being a public entity, or (2) to an 22 entity or association which does not 23 have public utility responsibilities 24 with regard to serving electric power 25 to customers. A Participant shall not 26 withhold consent to any assignment or 27 transfer between Participants allocated 28 Project transfer capability by Western _�c_ 111 • as set forth in 50 Fed. Reg. 42769 1 2 (1985) solely because that entity is a 3 Nonutility Participant, provided that 4 such assignment or transfer concerns 5 part or all of the 3.125 percent of 6 Project transfer capability allocated by Western and interests attendant 7 8 thereto, and no other interest in the 9 Project. Consent to a proposed 10 assignment to a joint powers agency 11 which is a Participant shall not be 12 withheld solely because that entity is 13 a joint powers agency. No Participant 14 shall bring, initiate or amend, 15 directly or indirectly including by 16 means of cross-complaint or other 17 affirmative allegation, an action or 18 proceeding before a court or an 19 administrative agency against another 20 Participant to contest the withholding 21 of consent by such Participant in 22 accordance with clauses (1) or (2) of 23 this Section 17.1 or the reasons 24 therefor or the validity of this 25 Section 17.1, other than a dispute 26 regarding the factual application of 27 such clauses. The withholding of 28 consent by a Participant in accordance -26- 110 110 l with clauses (1) or (2) of this 2 Section 17.1 shall not indicate 3 approval or disapproval by any other 4 Participant of such withholding. " 5 6 13. OPINIONS OF COUNSEL 7 The following is substituted for and replaces Section 11.3 8 of the MOU: 9 "11.3 Contracts among the Participants shall 10 then be negotiated to implement these 11 principles. As a condition of 12 execution of any contracts implementing 13 this MOU each Participant shall furnish 14 the other Participants with a written 15 Opinion of Counsel in which it is 16 represented that said Participant has 17 the authority to enter into such 18 contracts and to be bound by the terms 19 and conditions thereof. In the case of 20 the Agency, each major member agency 21 thereof shall furnish such Opinion of 22 Counsel. In the case of an Additional 23 Participant that is a joint powers 24 agency, the individual member agencies 25 of that joint powers agency shall not 26 be obligated to provide such Opinions 27 of Counsel but the joint powers agency 28 _27_ �' S . S 1 1 itself shall provide such Opinion of 2 Counsel of benalf of the agency. " 3 4 14. SIG::ATURE CLAUSE j I5j The signatories of this MOU Annex represent that they have 6 been appropriately authorized to enter into this t•1OU Annex on 7 behalf of the entity for whom they sign. This MOU Annex may be 8 executed in counterparts. 9 10i CITY OF • --1 'EIM 11 �: . By. 1 2'1 Name: Don R. Roth 11; ATIZST: Title: l i Mayor 14 _ rate: March 18, 1986 !' %.ity Clerk, City of Anaheim 15i, I' 16;1 c:=Y OF AZUSA •• l7ilBy: 131 ;� Name: 19) Title: ; 201 ' j Date: 211 1 22; j CITY OF BASING 23+ By. 24I Name: 23! ; 1 Title: _ 2G, , I Date: 27; I I 281. ii i f S4. , iS • I J . • • • 1 itself shall provide such Opinion of 2 Counsel of behalf of the agency.' 3 4 14. SIGNATURE CLAUSE 5 The signatories of this MOU Annex represent that they have 6 been appropriately authorized to enter into this MOU Annex on 7 behalf of the entity for whom they sign. This MOU Annex may be 8 executed in counterparts. 9 10 CITY OF ANAHEIM 11 By: 12 Name: 13 Title: 14 Date: 15 16 CITY OF AZUSA 17 By: 18 Names 'Eugene F. Moses 19 Titles Mayor 20 Date: February 18, 1986 21 22 CITY OF BANNING 23 By: 24 Name: 25 Title: 26 Date: 27 28 J . e • 1 itself shall provide such Opinion of 2 Counsel of behalf of the agency. " 3 4 14. SIGNATURE CLAUSE 5 The signatories of this MOU Annex represent that they have 6 been appropriately authorized to enter into this MOU Annex on 7 behalf of the entity for whom they sign. This MOU Annex may be 8 executed in counterparts. 9 10 CITY OF ANAHEIM 11 By: 12 Name: 13 Title: 14 Date: 15 16 CITY OF AZUSA 17 By: 18 Name: 19 Title: 20 Date: 21 22 :1;;AtiPt 23HY= k__----- 24 Name: SAM J4 25 Title: City Manager 26 Date: March 12, 1986 27 28 -28_ . • 1 CALIFORNIA DEPARTMENT OF 2 Approved as to legal lotm WATER R$SOURCES ` and au8tiaieacyi "- 3 By: �1 4 h c Name: 4 ' til rY Chi= Counsel, Departm®at Title: re;iiy rl`,'ecIar 5 o Water R mace. f " 6 Date: HPR 2 166 7 8 CARMICHAEL WATER DISTRICT 9 By: 10 Name: 11 Title: 12 Date: 13 14 CITY OF COLTON 15 By: 16 Name: 17 Title: 18 Date: 19 20 EL DORADO HILLS COMMUNITY 21 SERVICES DISTRICT 22 By: 23 Name: 24 Title: 25 Date: 26 Since CDWR is not a party to the Project Development Agreement (PDA), CDWR's approval of this MOU Annex is not 27 intended to express either approval or disapproval Sections 8, 11.2, 11.3 and 12, which do nothing other than 28 amend certain sections of the PDA. • 1 CALIFORNIA DEPARTMENT OF 2 WATER RESOURCES 3 By: 4 Name: 5 Title: 6 Date: 7 8 CHAEL WA R DISTRICT 9 By: .� :. ..,�//�i 10 Name: • •'erP'McGin y / 11 Title: Secretary/General Manager 12 Date: February 21, 1986 13 14 CITY OF COLTON 15 By: 16 Name: 17 Title: 18 Date: 19 20 EL DORADO HILLS COMMUNITY 21 SERVICES DISTRICT 22 By: 23 Name: 24 Title: 25 Date: 26 27 28 4 -29- , • • CALIFORNIA DEPARTMENT OF 2 WATER RESOURCES 3 By: 4 Name: 5 Title: 6 Date: 7 8 CARMICHAEL WATER DISTRICT 9 By: 10 Name: 11 Title: 12 Date: 13 14 CITY OF COLTON 15 By: A - 16 Name: -/./ , .. . � 17 Title: Mayor 18 Date: • 19 20 EL DORADO HILLS COMMUNITY 21 SERVICES DISTRICT 22 By: 23 Name: 24 Title: 25 Date: 26 27 28 -29- • 410 1 CALIFORNIA DEPARTMENT OF 2 WATER RESOURCES 3 By: 4 Name: 5 Title: 6 Date: i 8 CARMICHAEL WATER DISTRICT 9 By: 10 Name: 11 Title: • 12 Date: 13 14 CITY OF COLTON 15 By: 16 Name: 17 Title: 18 Date: 19 20 EL DORADO HILLS COMMUNITY 21 SERVICES DISTRICT 22 By: 23 Name: R0,7/7,e y r.tretJ 24 Title: 25 Date: ,p11i3/y6 26 27 28 -29- • • • • 1 DWP No. 10259A 2 3 •4 5 As a party to the MOU but which is not a party 6 to any other Project Agreement , the Los Angeles Department of 7 Water and Power (LADWP) regards Sections 8 , 9 . 2 , 10 , 11 and 12 8 of the MOU Annex, as having no involvement with LADWP. LADWP 9 further considers Section 3 of the MOU Annex as being the only 10 section of this Agreement which involves LADWP' s interests in 11 the amended MOU, which interests are limited to those 12 expressed in Section 4 . 1 and 4 .4 of the MOU. 13 14 15 16 17 18 19 20 DEPARTMENT OF WATER Ali? POWER OF THE CITY OF LOS ANGLES 21 APPROVED AS TO FORM AND LEGALITY JAMES X HAHN,CITY ATTORNEY by 22 c BOARD OF WATER AND POWER COMMISSIONERS Mc 23 il:kt _ . 86 OF THE OF LOS ANGLES 24 BY AgeOPIL• AIPH iY vVFSSON rr' sist ity Attorney s �j.� i .a `.ci,rrer 25 and • '� -� c ecre : 11 26 27 2„ • IAS ANGELES DEPARTMENT OF • 2 WATER AND POWER 3 By: 4 Name: 5 Title: 6 Date: 7. 8 PACIFIC GAS AND ELECTRIC 9 C. 'ANY 10• By: 11 IF Name: George A. Maneatis 12' Title: Executive Vice President Fac. and Elec. Res. Develop. 13 Date: February 21 , 1986 14 15 CITY OF RIVERSIDE 16 By: 17 Name: 18 Title: 19' Date: 20 21 SAN DIEGO GAS & ELECTRIC 22 COMPANY 23 By: 24 Name: 25 Title: 26' - Date: 27 28! 1, 1 IAS ANGELES DEPARTMENT OF 2 • WATER AND POWER 3 By: 4 Nate: 5 Title: 6 Date: 7 8 PACIFIC GAS AND ELECTRIC • 9 COMPANY 10 By: • 11 Name: 12 Title: 13 Date: 14 15 CITY OF RIVE IDE 16 By: 17 , . / Nae:e: AB BROWN 18 M ""c• . Title: MAYOR 19 Dates March 18. 1986 20 21 SAN DIEGO GAS i ELECTRIC 22 COMPANY 23 By: 24 Name: 25 Title: 26 Date: 27 28 F —30— J . LOS ANGELES DEPARTMENT OF 2 WATER AND POWER 3 By: 4 Name: 5 Title: 6 Date: 7 8 PACIFIC GAS AND ELECTRIC 9 COMPANY 10 By: 11 Name: 12 Title: 13 Date: 14 15 CITY OF RIVERSIDE 16 By: 17 Name: 18 Title: 19 Date: 20 21 SAN DIEGO GAS & ELECTRIC 22 COMPANY 23 By: 24 Names J. C. Holcombe 25 Title: Vice President, Fuel b Power Contracts 26 • Date: February 21, 1986 27 28 —30— . . 411 S 1 SAN JUAN SUBURBAN WATER 2 DISTRICT 3 By: a 4 NameUife Ar Jr 5 Title: enexal tanager & Secretary 6 Date: 7 8 SHASTA DAM AREA PUBLIC UTILITY 9 DISTRICT 10 By: 11 Name: 12 Title: 13 Date: 14 15 SOUTHERN CALIFORNIA EDISON 16 By: 17 Name: 18 Title: 19 Date: 20 21 SOUTHERN SAN JOAQUIN VALLEY 22 POWER AUTHORITY 23 By: 24 Name: 25 Title: 26 Date: 27 28 -31- • 1 SAN JUAN SUBURBAN WATER 2 DISTRICT 3 By: 4 Name: 5 Title: 6 Date: 7 8 SHASTA DAM AREA PUBLIC UTILITY 9 DI TRICT 10 BY: / C- esi.•e.. , =o r• o •irec ors By: 12 Clerk Board of Directors 13 Date: February 19, 1986 14 15 SOUTHERN CALIFORNIA EDISON 16 By: 17 Name: 18 Title: 19 Date: 20 21 SOUTHERN SAN JOAQUIN VALLEY 22 POWER AUTHORITY 23 By: 24 Name: 25 Title: 26 Date: 27 28 -11 _ • 1 SAN JUAN SUBURBAN WATER 2 DISTRICT 3 By: 4 Name: 5 Title: 6 Date: i 8 SHASTA DAM AREA PUBLIC UTILITY 9 DISTRICT 10 By: 11 Name: 12 Title: 13 ' Date: 14 15 SOUT „ . CALI -0- • ED _•N 16 • SE:, Vice President 19 M S 19-x` Date: March 7 , 1986 20 21 SOUTHERN SAN JOAQUIN VALLEY 22 POWER AUTHORITY 23 By: 24 Name: 25 Title: 26 Date: 27 28 -31- 1 SAN JUAN SUBURBAN WATER 2 DISTRICT 3 By: 4 Name: 5 Title: 6 Date: 7 8 SHASTA DAM AREA PUBLIC UTILITY 9 DISTRICT 10 By: I1 Name: 12 Title: 13 Date: 14 15 SOUTHERN CALIFORNIA EDISON 16 By: 17 Name: 18 Title: 19 Date: 20 21 SOUTHERN SAN JOAQUIN VALLEY 22 P R AUTHORITY 23 By: AUTHORITY/ 23 24 Name: KENNETH M. WEGIS 25 Title: CHAIRr1AN OF THE BOARD 26 Date: FEBRUARY 19, 1986 27 28 -31- • i • l TRANSMISSION AGENCY OF 2 • ' -s - IFORNIA 3 By: 4 Name: 5 Title: 6 Date: 7 8 TRINITY COUNTY PUBLIC UTILITY 9 DISTRICT 10 By: 11 Name: 12 Title: 13 Date: 14 15 CITY OF VERNON 16 BY: 17 Name: 18 Title: 19 Date: 20 21 WESTERN AREA POWER 22 ADMINISTRATION 23 By: 24 Name: 25 Title: 26 Date: • 27 28 ! • S TRANSMISSION AGENCY OF 2 NORTHERN CALIFORNIA 3 By: 4 Name: 5 Title: 6 Date: 7 8 TRINITY COUNTY PUBLIC UTILITY 9 DISTRICT 10 By: 11 Name: e 12 Title: ,DST o F T t j3OARD 13 Dates 3AA 14 j 15 CITY OF VERNON 16 By: 17 Name: 18 Titles 19 Dates 20 21 WESTERN AREA POWER 22 ADMINISTRATION 23 By: 24 Name: 25 Title: 26 Date: 27 28 • !f • • TRANSMISSION AGENCY OF 2 NORTHERN CALIFORNIA 3 By: 41 Name: 51 Title : 6, Date: i 811 TRINITY COUNTY PUBLIC UTILITY 9� DISTRICT 10 By: 11 Name: . 12 Title: 13 Date: 14 ' 16 CITY OF VERNON 16 By: 17 Name: eonis C. Malburg� 18 APPROVED AS TO FORA Title: Mayor 19 b7 DAVID B. BREARI.tT Date: _ ch 20 CITY ATTORNEY _ ATTEST: V ty er 21 WESTERN AREA POWER 22 ADN.INISTRA ICN 23 By: 24 Name: 25+ Title: 26 Date: 27 28 - :i i S . 1 TRANSMISSION AGENCY OF 2 NORTHERN CALIFORNIA 3 By: 4 Name: 5 Title: 6 Date: 7 8 TRINITY COUNTY PUBLIC UTILITY 9 DISTRICT 10 By: 11 Name: 12 Title: 13 Date: 14 15 CITY OF VERNON 16 By: 17 Name: 18 Title: 19 Date: 20 21 WESTERN AREA POWER 22 ADMIN TRATION 23 By: 24 Name: David G. Coleman 25 Title: Area 1',anager 26 Date: February 21 . 1986 27 28 • —32— • • . 4.1C o a) 0 o o N 10 O 01 N O V 0 0 0 N 0 0 0 CO N 0 N V' 0 1O 0 0 0 .--1 10 (s)•rl A til • • • • • • • •• co N V' N N U1 CO N 0 N N 0 0 M 1n a) 3 H N L11 N 0 N 0 Ln in 10 Q : N H V' N H N H (I) a 14 O O Ln 10 N 0 N N M 0 1n M N O 0 j O O m N N O -4. N V' O to M H O ^ E 4 Ca •,.l U) O V' O N 10 0 N s' V' N 0 10 M 0 •-• X N N H 10 N M 0 H CO 0 1811 M H V' M H 1n ,i a F. l'+ 01 N H 10 N 01 N r-1 In Ln 01 01 N N 0 (1 \ In V' V' N 01 N V M co 0 10 N r-i 10 ^ E .0 MI • • • • • • • U••-i U) HNHN O1 CO N M 01 N 10 N M Lc) • C H H N N V' O M O N C7 •...1 H N H 10 0) a' RI 4) C 0 U 0 M ik ad H ^ Q a1 C M N 0 'V' 0 0 H r-I U1 M M N rl 0 H O ^ m 1O 01 co M N O H 0 10 CO 01 M 0 r i N VN 1-4l 0 1 iWG "4 H 0 H N N ' N 0 U a .4) '. O • • . • . • • • • . • • • ••.l 0) H 0 H 0 H V' 0 CO N N 0 N 0 0 .ti 01 N N N r-1 0 .r.4 R1 RI H ▪V A4 C • F.+ •rl U IC 14 ^14 a0i M N 10 Co 0 v CO 0 1n 0 0 0 01 0 Q lv a H 1n O0 0 1n IA 0 1n 0 0 0 10 0 --a \ N M 10 •o' N N M v V' 10 N ON V' 0 r•1 • • . . . r-4 0 H 0 01 V' 0 10 H 0 0 N 0 0 H M N r-1 0 r-1 a) •rl r-d H 4, ro rn C a b a 4 ►. C ►+ 0 O 1d 1.' C! •rl 0 (U 0 0 •6.4 4 0 a) H 0 ••-1 H •.-1 (0 .C1 1) t-1 a a al r-i •.l N U 4) "0 N O l0 Q 0 C •-i f 1► la C) 'O O 01 b O •rl •J 0 U) fd 0 .0 l(0 rt V 0 sem-+ H 14 14 U '0 N A C •11-) •.-1 H a) O O 14 4 m W O W O O al 14 1) se Q t>♦ a s Hl U a •� a s cn H • N •u w w w 14-1 0 ►+ 144 I .1.1 w 11-I CD •.-1 4J ...14 1+ w 0 0 0 0 4.) .ii 0 m U 0 0 s r4 O -11 0 41414) r0C zw41 0D43 L A � •.I •Iffl •.l •.� 0 •.1 H •rl •rl la -.4 Z •rl 0000X U a 0 U VI U H U • • 1 I 4).-I ,C. >4 .0 r-I >1 IA I.I 14 >'1•''1 > 03 -1 U.-1 4I U r-1 4.1 14 a a) 4) 0 •.l 14 H-1-r4 HA .,.I•-4 H-4 d 'O IT X•-I w 41 .0 3 r-4 .0 3 H .0 C C .,.I 1) I b 3 .,I 3 -0-1 E 0 O 0a x wlCdaa ° roa '� ° 0 0 A ,-I m o >14) u , >•, u U Q,C 11) t� 4) /4 •.i 14 U 4) ri 41) 'n o In .1 o "-' 3w co Hw o � � a, a roa, C ., a) N 'U -,-1 w.,1CU o 14 r-ul 1 4)'^1) EI V FroCOVX � A d)1+ 4.) 4- 1.1U p'0) la0U 440U (a 41 a) 4)o o 04 4 i-14 411 a041 altU 4.1o .-1Oy -.-1 to 4j U C 0 ro 0, � W al a• a , al oro'C • 44o11-Iy Mo 4-4 4) 11.4 04 1 •-1 ro 4)>1 0 o•°ia w 7:3 (0 � � o .�r°-I '� .a b o.0 ri W a) d • O 1n U) O w �b a N a46 .ua 40 ,,' 1.1 - ma! aa, cUro z .l >, ro > , arra aro (1, 0 4j rut!, (13 ti f° 01 E d aroi v � v oH .c USC• e14 caJ., CT 1XQa1.1O+ E4„ aCual �toro E4cs E4cs o4ro c1 wa > - C.0 � 00a) 4) � a) 4) .Co - U co ro O w ro m A.,l H...I C..-s ,.i.,.1 J.) E C 0 rT w y W1 11 4.1w 4) 1%a 1 i ri E1 El 4,) 11 4) 14 d N 11 r i E-1 G.) fa 4) 41 CP d O o C O O in* > o a M 410• C4 114) 0 a41IH W411H aC J.1 1.a 1) 13 a) " 14 'n dw 0 p,Cw+ ,% 14, 4), CU 1AA CE+ 41 E01+ 4► 'Ua111 acro „ 14_ w . • v1 41 a) ►. la a1 .44 4) 4) -rl 01 y +' m 0 04 4j la ns ' 4j raj El mA o ma.0 ORs1C (3'0140 UO0a C C▪ oO 4) 144.1 U 4) •-1 0 4) •rl 41 a) p, CP m 4) os � „ a H C 4) .,.1 ro v Y+ n) ai.c �Ln N 3 O.0 A.rob .0.,.4 w 4! 1-' � u.j �ro " � . A C. CQ.��4J . CCCA L �4, a)dom -.I 0 .0-1 HA "1.A41m 4i CO 'n >., m 4j"4 V d V N J-► 1.) a) 1+ ro us 41 04 za• v; acu =�• ro 4-rro Z4) C0 •el 4)4) E'1 O 1,1 C 4)b 1� C a) J.1 C.rl H 4) > C 141. 414: a) .`t'. � 411441W w•.1 ro w 41 ro A 41 U) .0 d w .0 4) .0 CaHw a H as Elle. ' i (A ( ElV1) 04 1 • 411 1 may want additional Transfer Capability, 2 where a Member may have Transfer Capability 3 that it is not planning to use, and where 4 other Participants have unneeded Transfer 5 Capability. 6 2.1.5 The TANC Coordinator shall send this 7 document to the Members by August 31 so that 8 they will have data on projected aggregate 9 usage and can identify potential periods 10 when Transfer Capability can be bought and 11 sold among the Members. 12 2.1.6 Those Members who have made buy/sell 13 arrangements for Transfer Capability will 14 notify the TANC Coordinator of these 15 arrangements and of their effective time 16 frames by September 30. 17 2.1.7 This new data will be utilized by the TANC 18 Coordinator to prepare a revised document 19 that defines the projected use of the 20 Project by Member, and on an aggregate TANC 21 basis, for each month of the six year 22 period. The document will also quantify any 23 amounts of unneeded Transfer Capability and 24 instances where additional Transfer 25 Capability could be utilized by TANC or by a 26 Member. 27 2. 1.8 If the revised document demonstrates 28 unneeded capacity or needs for additional D-3 • • 1 following estimated data pertaining to its 2 use of Transfer Capability for each month of 3 the following six-year period: 4 2. 1. 1. 1 Member's Participation 5 Percentage; 6 2. 1. 1.2 Contracted Transfer Capability 7 layoffs to Members and 8 Participants; 9 2 . 1. 1. 3 Contracted Transfer Capability 10 layoffs from TANC and 11 Participants; 12 2. 1. 1.4 Amount of Transfer Capability 13 available for sale; and 14 2.1. 1. 5 Amounts of additional Transfer 15 Capability desired. 16 2.1.2 This data will be submitted to the TANC 17 Coordinator by July 31 of each year. 18 2.1.3 The TANC Coordinator shall determine the 19 amounts of Transfer Capability owned by 20 other Participants that is unneeded by each 21 of those Participants (if available) and 22 that could be used by TANC. 23 2 . 1.4 The data will be compiled by the TANC 24 Coordinator into a document that defines the 25 projected use of the Project by each Member, 26 and on an aggregate TANC basis, for each 27 month of the six year period. The document 28 will also quantify instances where a Member D=2 • • 1 1 2.2. 1.2 Contracted Transfer Capability 2 layoffs to Members and 3 Participants; 4 2 .2 . 1. 3 Contracted Transfer Capability 5 layoffs from Members and other 6 Participants; 7 2.2.1.4 Amount of Transfer Capability 8 available for sale; and 9 2 .2. 1.5 Amounts of additional Transfer 10 Capability desired. 11 2 . 2 .2 This data will be submitted to the TANC 12 Coordinator by the 20th of the month 13 preceding the operating month in question. 14 2.2. 3 The TANC Coordinator shall determine the 15 amounts of Transfer Capability owned by 16 other .Participants that is unneeded by those 17 Participants (if available) and which could 18 be used by TANC. 19 2.2.4 The data will be compiled by the TANC 20 Coordinator into a document that defines the 21 projected use of the Project by Member, and 22 on an aggregate TANC basis, for each hour of 23 the three day-types specified above. To the 24 extent possible the document will also 25 identify potential layoff opportunities 26 among the Members or between TANC and other 27 Participants. 28 2.2.5 This document will be sent to the TANC D-5 t. • 111 1 Transfer Capability, it will be resubmitted 2 to the Members by October 31 so that they 3 are aware of potential additional buy/sell 4 opportunities. 5 2. 1.9 Those Members making additional buy/sell 6 arrangements will notify the TANC 7 Coordinator of those additional arrangements 8 and their effective time frames by 9 November 30. 10 2 . 1. 10 This updated data will be utilized by the 11 TANC Coordinator to prepare a revised 12 document that defines the projected use of 13 the Project by each Member and on an 14 aggregate TANC basis for each month of the 15 six year period. The document will also 16 quantify any amounts of unneeded Transfer 17 Capability that was not required by TANC and 18 instances where additional Transfer 19 Capability could be utilized by TANC. 20 2. 2 Next Operating Month 21 2.2. 1 Each month, each Member or its designated 22 agent shall prepare the following estimated 23 hourly data for each of three day-types 24 (weekday, Saturday, and Sunday/ Holiday) 25 pertaining to its use of the Project for the 26 next operating month: 27 2 .2.1. 1 Member's Participation 28 Percentage; 11 ; D-4 • 1 2. 3 Current Operating Month 2 2.3. 1 Data for the current operating month will be 3 contained on a dedicated computerized 4 "bulletin board" that will specify Member 5 use, and to the extent available Participant 6 use, of Transfer Capability on an hourly 7 basis for the month. This data will be the 8 same as that prepared for the "Next 9 Operating Month" as described in Section 2.2 10 above. 11 2. 3.2 Using the data on the bulletin board the 12 Members or their designated agents may make 13 Transfer Capability buy/sell arrangements 14 among themselves and will notify the TANC 15 Coordinator of any changes required to the 16 bulletin board as soon as practicable after 17 making such change. 18 19 3. TANC CURTAILMENT NOTIFICATION PROCEDURES 20 3. 1 Curtailment Notification Procedure (Prescheduled) - 21 The TANC Coordinator shall promptly notify the Members 22 upon receipt of notice from the Operating Agent of any 23 scheduled curtailment of Transfer Capability. The 24 TANC Coordinator may advise the Members of adjustments 25 to Transfer Capability that could be made to minimize 26 the effects of the curtailment on the Members. The 27 steps in this procedure are as follows: 28 3.1.1 The Operating Agent notifies the TANC D-7 • 1 Members by the 21st of the month preceding 2 the operating month so that they will have 3 data on projected aggregate usage and can 4 identify potential periods when Transfer 5 Capability can be bought and sold among the 6 Members and between TANC and other 7 Participants. 8 2.2.6 Those Members who have made buy/sell 9 arrangements for Transfer Capability will 10 notify the TANC Coordinator of these 11 arrangements and of their effective time 12 frames by the 24th of the month preceding 13 the operating month. 14 2.2.7 This new data will be utilized by the TANC 15 Coordinator to prepare a revised document 16 that defines the projected use of the 17 Project by Member, and on an aggregate TANC 18 basis, for each hour of the three day-types 19 specified above and such data will be made 20 available to the Members. The document will 21 also quantify any amounts of unneeded 22 Transfer Capability and periods of time when 23 additional Transfer Capability could be 24 utilized by TANC or a Member. 25 2.2.8 If any of the foregoing dates falls on a 26 weekend or holiday, the submittal shall be 27 made by the work day immediately preceding 28 i the weekend or holiday. D-6 • • 1 coordinating real-time power schedule curtailments and 2 all changes in schedules due to curtailments occurring 3 in real-time pursuant to its separate agreements with 4 other entities. The TANC Coordinator shall maintain 5 the bulletin board, based on information received from 6 the Operating Agent on a real-time basis. It is the 7 intent of the Members to share the use of Transfer 8 Capability in order to avoid curtailments to the 9 extent possible without jeopardizing service to their 10 own customers. 11 3.2. 1 Using the data on the bulletin board, the 12 Members may make Transfer Capability 13 buy/sell arrangements among themselves and 14 will make appropriate arrangements relative 15 to changes in the amount of reserved 16 transmission capacity and the corresponding 17 power schedule changes pursuant to their 18 separate agreements with other entities. 19 3.2.2 The Members will notify the TANC Coordinator 20 of any changes in the amount of Transfer 21 Capability they have reserved. The TANC 22 Coordinator will update the data on the 23 bulletin board. 24 25 26 27 28 D-9 w 1 1 Coordinator that a curtailment will occur 2 and the magnitude of the curtailment. 3 3.1.2 The TANC Coordinator will update the 4 bulletin board to reflect each Member's 5 remaining share of Transfer Capability. 6 3 .1.3 The TANC Coordinator will notify each Member 7 or its designated agent of its share of the 8 curtailment and may suggest certain actions 9 (e.g. , trading Transfer Capability) that 10 could be used to minimize curtailment 11 impacts. 12 3. 1.4 In each event of a prescheduled curtailment 13 where TANC still has sufficient Transfer 14 Capability for the aggregate power schedules 15 of the Members, by mutual agreement a Member 16 may utilize another Member's unused share of 17 Transfer Capability in order to avoid a 18 curtailment. 19 3 .2 Curtailment Notification Procedure (Real-Time) - The 20 Members anticipate that (i) the Operating Agent will 21 notify the TANC Coordinator of real-time curtailments 22 to Transfer Capability, (ii) the TANC Coordinator will 23 communicate and coordinate real-time curtailments to 24 Transfer Capability with the Members; and (iii) the 25 Operating Agent will also notify Members or their 26 designated agents directly of a real-time curtailment 27 of Transfer Capability. Each Member or its designated 28 agent will be responsible for communicatingL .and D-8 411 .h 1 Plumas-Sierra Rural Electric Cooperative P. 0. Box 2000 2 Highway 70, 3 Miles West of Portola Portola, CA 96122-2000 3 Transmission Agency of Northern California 4 P. 0. Box 661030 Sacramento, CA 95866 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ; 1 v_-, • r-, • 1 APPENDIX E BILLING ADDRESSES OF THE PARTIES 2 3 4 City of Alameda Bureau of Electricity 5 2000 Grand Street Alameda, CA 94501 6 City of Healdsburg 7 c/o Northern California Power Agency 180 Cirby Way 8 Roseville, CA 95678 9 City of Lodi Call Box 3006 10 Lodi, CA 95241-1910 11 City of Lompoc 100 Civic Center Plaza 12 Lompoc, CA 93438 13 Modesto Irrigation District P. 0. Box 4060 14 Modesto, CA 95352 15 City of Palo Alto P. 0. Box 10250 16 Palo Alto, CA 94303 17 City of Redding 760 Parkview Avenue 18 Redding, CA 96001-3396 19 City of Roseville 2090 Hilltop Circle 20 Roseville, CA 95678 21 Sacramento Municipal Utility District P. 0. Box 15830 22 Sacramento, CA 95852-1830 23 City of Santa Clara 1500 Warburton Avenue 24 Santa Clara, CA 95050 25 Turlock Irrigation District P. 0. Box 949 26 Turlock, CA 95381 27 City of Ukiah 300 Seminary Avenue 28 Ukiah, CA 95482 P-1