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HomeMy WebLinkAbout _ 4.5(b)--Approve Amendment No.1 to TANC Project Agreement No. 3 GI �" Y C� F � � �- ' � ° � � i � CITY OF REDDING �� REPORT TO THE CITY COUNCIL MEETING DATE: April'7, 2026 FROM: Nick Zettel, Director of ITEM NO. 4.5(b} Redding Electric Utility ***APPROVED BY*** � �� �� t� �.� 5�� s� �� �� � ��,�� • � � .� � � �. �.�_w� .� �k et e o ��rcctor �a9' e in r tric�Lltriity � � 3/23t2��6 G���I1a����arbc�x �'���1�a�nag�r � 4J112t726 nzettel@cityofredding.org wtarbox@cityofredding.gov SUBJECT: 4.5(b)--Approve Amendment No.l to TANC Project Agreement No. 3 Recommendation Authorize and approve the following related to City of Redding as a Member: (1) Approve Amendment No. 1 to Project Agreement No. 3 between the Transmission Agency of Northern California and its Members; and (2) Authorize the City Manager, or designee, to execute the First Amendment and approve future modifications to Project Agreement No. 3. Fiscal Impact There is no fiscal impact to the general fund associated with the requested actions. Approval of the First Amendment to Project Agreement No. 3 (PA3) does not change the City of Redding's financial obligations or participation percentages under the agreement, and no additional appropriations are required. Alternative Action Council may reject staff's recommendation and provide alternative direction. Background/Analysis The Transmission Agency of Northern California (TANC) is a joint powers agency formed in 1984 by publicly owned �lectric utilities, including the City of Redding (City). Through its membership in TANC, the City partieipates in and receives transmission benefits from the California-Oregon Transmission Project. PA3, originally executed in 1990, governs the rights, obligations, and participation percentages of TANC members with respeet to that project. Since execution of PA3, operational and regulatory eonditions affecting transmission capacity and participation have evolved. In recent years, certain TANC members have sought to adjust their participation pereentages by transferring non-TANC-owned transmission eapability to Report to Redding City Council Apri11, 2026 Re: 4.5(b)--Approve Amendment No.1 to TANC ProjectAgreement No. 3 Page 2 TANC, and TAN�C has received an increase in rated project transfer capacity due to system uprates. These changes highlighted procedural inefficiencies in PA3 that require formal amendments even when transfers do not affect non-participating members. The First Amendment to PA3 addresses these issues by allowing future adjustments to participation percentages and transfer capability to occur without further amendments, provided such actions receive an affirmative vote of the TANC Commission and the written consent of affected members. The amendment also includes technical and administrative updates, such as removing obsolete references, aligning the fiscal year defmition with TANC's current practice, and clarifying internal cross-references. Approval of the First Amendment preserves existing member rights while improving administrative efficiency and flexibility for future project management. Authorizing the City Manager, or his/her delegate, to approve future inodifications to PA3 wi11 streamline implementation of Commission-approved changes and reduce the need for repeated City Council actions when amendments do not materially alter the City's obligations. Environmental Review The proposed action is not a project under the California Environmental Quality Act (CEQA) pursuant to CEQA Guidelines Section 15061(b)(3). Council Priority/City Manager Goals • This agenda item is a routine operational item. Attachments PA3 Redline with Amendment No. 1 (3.18.26) Amendment No. 1 to Project Agreement No. 3 final (3-18-26) Amendment No. 1 to Project Agreement No. 3 final redline (3-18-26) 1 2 3 4 5 6 7 8 9 10 11 12 13 TRANSMISSION AGENCY OF 14 NORTHERN CALIFORNIA 15 PROJECT AGREEMENT NO. 3 16 FOR THE 17 CALIFORNIA-OREGON TRANSMISSION PROJECT 18 19 20 21 22 23 24 25 26 27 28 1 2/23/90 2 TRANSMISSION AGENCY OF NORTHERN CALIFORNIA 3 PROIECT AGREEMENT NO.3 4 FOR THE 5 CALIPORNIA-OREGON TRANSMISSION PROJECT 6 7 8 9 AMONG 10 THE TRANSMISSION AGENCY OF NORTHERN CALIFORNIA 11 THE CITY OF A�AMEDA 12 THE CITY OF HEALDSBURG 13 THE CITY OF LODI 14 THE CITY OF LOMPOC 15 THE MODESTO IRRIGATION DISTRICT 16 THE CITY OF PALO ALTO 17 THE P�UMAS-SIERRA RURA�E�ECTRIC COOPERATIVE 18 THE CITY OF REDDING 19 THE CITY OF ROSEVILLE 20 THE SACRAMENTO MUNICIPAL UTILITY DISTRICT 21 THE CITY OF SANTA CLARA 22 THE TURLOCK IRRIGATION DISTRICT 23 THE CITY OF UKIAH 24 25 26 27 28 1 1 TRANSMISSION AGENCY OF NORTHERN CALIFORNSA 2 PROJECT A6REEMENT 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 ................................................ 17 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 of Computation ................................................... 35 24 13 Applicable Law ..................................................................... 36 25 14 Severability ........................................................................... 36 26 15 Members' Right to Withdraw ....................................... 36 27 16 Assignment of Agreement ............................................. 42 28 17 Members' Obligations Several ................................. 42 i 1 18 Trustee as a Third Party Beneficiary ............ 42 2 19 Appendices .............................................................................. 43 3 20 Waiver .......................................................................................... 43 4 21 Captions .................................................................................... 43 5 22 Billing and Payment ......................................................... 43 6 23 Distribution of Assets ................................................ 45 7 24 Counterparts ........................................................................... 45 8 25 Signatures .............................................................................. 45 9 10 Memorandum of Understanding ................................. APPENDIX A 11 Memorandum of Understanding Annex .................. APPENDIX B I Pormatted:French(France) — --- _ 12 �'��!-L��.���-2�rc�i'�lrt::ic i��ation PerCentdges .—:...---e e-::—:::::............(N- ��: Pormatted:French(France) + 13 z�} ......... ....... APPENDIX C s Pormatted:French(France) --- --� 14 �'a7 t �.<�i� _��_on C���r_cE�T1t��c�e�� (S-N; .,..,....................1\. C l.,Nl:, � C-: 15 �2Ft �z�.�.n ��f �ay.�t�� YF.r c ent ���2�5 .........................1�'�� 1�I�;i:h C � 16 Prescheduling of Transmission Use 17 and Curtailment of Notification 18 Procedures .................................................................. APPENDIX D 19 Billing Addresses of the Parties ..................... APPENDIX E 20 21 22 23 24 25 26 27 28 ii 1 2 3 iii 1 PREAMBLE 2 3 This pro�ect 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 A1to, 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 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 December 19, 5 1984, "Memorandum of Understanding, California-Oregon 6 Transmission Project," among certain California entities and the 7 Western Area Power Administration, which sets forth principles 8 for the development of the California-Oregon Transmission Project 9 including the designation of TANC as Project Manager; and 10 E. The Members of TANC entered into the June 19, 11 1985,"Project Agreement" for the purposes of issuing and selling 12 a promissory note for financing studies and other preliminary 13 costs to be incurred prior to making a decision, after 14 environmental and other review, of whether to undertake 15 construc�ion of the ��-��-��-c�-���a��Ca_ �.,�ni_a-Oregon Transmission 16 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 September 25 30, 1985, "California-Oregon Transmission Project Development 26 Agreement" for the purpose of completing required activities such 27 as obtaining approvals, certificates, licenses and permits as 28 required by law and regulation before undertaking construction of 29 the Project; and 2 1 H. TANC, on behalf of its Members, entered into the 2 Memorandum of Understanding Annex dated February 6, 1986, with 3 the initial Participants and additional non-federal public 4 entities which allocated a 3.125 percent Project entitlement 5 among the additional Participants and re-allocated the remaining 6 entitlement among the initial Participants; and 7 I. The Members of TANC desire to authorize TANC to 8 undertake additional responsibilities as a Participant in the 9 California-Oregon Transmission Project on behalf of the Members, 10 and recognize the desire of all Participants in the 11 California-Oregon Transmission Project for TANC to perform the 12 duties of Project Manager, including the duties and 13 responsibilities described in the "Memorandum of Understanding, 14 California-Oregon Transmission Project," and the "Project 15 Participation Agreement," as defined in this Agreement; and 16 J. On January 20, 1988, TANC certified the Final 17 Environmental Impact Report for the California-Oregon 18 Transmission Project, the Los Banos-Gates Transmission Pro�ect, 19 and the Pacific Northwest Reinforcement Project, made findings 20 pursuant to the California Environmental Quality Act, and 21 approved the California-Oregon Transmission Project; and 22 K. Each Member executing this Agreement has participated in 23 the preparation and review of the Draft Environmental Impact 24 Report and has reviewed and approved the Final Environmental 25 Impact Report for the California-Oregon Transmission Project and 26 adopted the findings made by TANC as lead agency for the 27 California-Oregon Transmission Project. 3 1 _.� _ _ _w.__ _ w __ _ _:_ _ __: _ ._ 2 NOW, THEREFORE, in consideration of the mutual covenants .�Formatted:Not Expanded by/Condensed by �i! 3 and 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 l.l "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- 4 1 current Rated Pro�ect Transfer Capability . � :��-r��*����>i;i 2 �,r-(r��E��__�«,�w�� ��+�a i�.��, i w r-t��,F:�__�`,--1;,:�.,. 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 a 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" - A properties and assets, real and 17 personal, tangible and intangible, of any Member (whether leased 18 or owned) now or hereafter existing, used for or pertaining to 19 the generation, transmission, transformation, distribution and 20 sale of electric capacity and energy, including all -additions, 21 extensions, expansions, improvements and betterments thereto and 22 equipping thereof; provided, however, that to the extent the 23 Member is a �oint owner of an asset or property, only the 24 Member's ownership interest in such asset or property shall be 25 considered to be part of its Electric System. 26 �:_$;__ ���rE,.t, 1-;,E-,__i ��i-;-k c=e- __-- �___E-�a��,�?-r�e= '�3�-;f�.�r:�-c:��-��1--�-�s� 27 �I���—���._;_...: .-�. .�: ' „ „t1�. 3 =�_t:: �.�f=_i��;�?(-�>-�:a r-i-��:�.�`=;,r,�,-u.�:,�,. 4 •t }r_,.,; 28 __�.y_-�x t-�=c� �-�r._-r_°--r:r�-aa�-r...,�- �i��}.�� ��='c�at--c�_��� � ':� -�i31E-_C.�+��a�.+„�i.�� 5 1 �:-?�,��,,-; 1=�.—!-,a ;,�=��-u�—�`-�'<_,.,7.�„-; , 2 ' .8 � , >r�t ". �:' I � �>',,� � '�d] 3 1.9-- "Fiscal Year" - The twelve-month period terminating 4 :�;�t��e���,����anc 30 of each year, or any other annual accounting 5 period hereafter selected and designated by TANC as its Fiscal 6 Year for purposes of this Agreement and each Indenture. 7 1.10 "Indebtedness" - Bonds, notes or other evidences of 8 indebtedness (including, without limitation, contracts relating 9 to letters of credit or other credit enhancement devices and 10 long-term contracts which are characterized as debt by TANC at or 11 prior to execution thereof) issued or otherwise incurred or 12 entered into by or on behalf of TANC in connection with the 13 Project. For purposes of this Agreement, Indebtedness shall be 14 considered outstanding as of any date if such Indebtedness has 15 not been paid or if provision for the payment of the principal of 16 and interest on such Indebtedness has not been made in accordance 17 with the Indenture pursuant to which such Indebtedness has been 18 issued or incurred. 19 1.11 "Indenture" - One or more indentures or other 20 instruments approved or adopted by TANC providing for the 21 issuance or incurring of Indebtedness. 22 1.12 "Interest Charge" - That charge against unpaid amounts 23 due and owing in accordance with this Agreement assessed at an 24 annual interest rate compounded monthly equal to the lesser of 25 (i) two percent (2�) plus the applicable first of the month, 26 reference rate or successor, of the Bank of America N.T. & S.A., 27 San Francisco, California, in effect from time to time during the 28 period over which the payment is overdue or (ii) the maximum 29 interest rate permitted by law. 6 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, Pa10 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 7 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 a located 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 Agent" - 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 fo�th in Appendix C �_c� F� ,�c .���x 26 ;-:1 of this Agreement. Such percentages may be modified pursuant 27 to Sections 2.3, 3.L 2.2, 6, and 15. 28 1.23 "PDA" - Project Development Agreement. 8 1 1.24 "Phase" or "Phases" - Those activities of the Project 2 described in Section 2.2. 3 1.25 "Pro�ect" - The California-Oregon Transmission 4 Project, which consists of electric transmission facilities 5 between California and the Pacific Northwest, as such Pro�ect 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 "Pro�ect 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 in the "Rated 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 ��<�>���� ti=�—i�4� +`I',z:e�. 10�, )f�� i.n�, u>> ;4 of the Federal Energy 6 Regulatory Commission Uniform System of Accounts Prescribed for 7 Public Utilities and Licensees Subject to the Provisions of the 8 Federal Power Act, or its 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) al1 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 24 advances subject to refund or contributions in aid of 25 construction until such deposits, advances, or contributions have 26 become the 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 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 0&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 0&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 11 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 2.3 Participation 2 2.3.1 Pursuant to Paragraph 15 of the Joint Powers 3 Agreement, the Members executing this Agreement each 4 hereby(i) approve TANC's participation in the Project as a 5 Participant in accordance with, and to the extent provided 6 in, the Intertie Agreements and this Agreement and (ii) 7 elect to participate in Phases SI and III of the Project in 8 the Participation Percentages set forth in Appendix C ,r�,c� 9 r,F>ti��n� h C" ";_, as those percentages may be revised in 10 accordance with this Agreement. In consideration of such 11 approval and election, and payment of its share of the 12 costs set forth in Section 4, each Member shall be 13 entitled to its respective Participation Percentage share 14 of TANC's entitlement to Transfer Capability on the terms 15 and conditions provided for by this Agreement. In the event 16 that the first issuance and sale of TANC Project 17 Indebtedness does not occur within six(6) months after the 18 date of this Agreement, any Member may terminate its 19 participation under this Agreement by giving written notice 20 to TANC, in which case the Participation Percentage of such 21 Member shall be divided pro rata among the remaining 22 Members based on Participation Percentages, unless 23 otherwise agreed to by such remaining Members. After the 24 first issuance and sale of such TANC Project Indebtedness, 25 no Member may terminate its participation in this 26 Agreement. 27 2.3.2 — In the event that ��,�1��, .�.'t��C.�°r.� entitlement 28 to `Pransfer Capability changes a N�:-.� �<. i:=� .� ��e-, .,r'ti:z-�-�= ��, 4 29 r���—{-��;)) c��ry�� ��:�t� -�rtft �=rar;cae, the �rrir>< , ;,.},c� -i—Z�c= 30 ��� a-��=F� 13 _ --- __ - � 1 -� r4>v �,e (� �k E 7 � Participation Percentages � �Farmatted:Indent First line: 0.63',Tab stops: 1',�eft � q W � +Not at 1 75' 2 f E� ���rw.� � ., i._��,� �c � �>;;����a�t ..� p:. �� �'c�d in ';>��.r�zg-�-� 2iis 3 � x� Ft'°;�.< � 1 . C`1 .,�z_Yc :> i:.-i��;< r:;" I � ti x <a�:�_ ;,., Fi_ Fi. �,cs<=:. 4 > �ZLl L� ����iiLrted without an amendment to this Agreement,- 5 :�r�- ' „ '::� �r i+o�-N-�,*�,. y . x'c>I ..�, .. �,?�:�-_�' _.._._. _.__ 6 2.3.2.1 7 8 �-� _�ii w�c , ,ior., �� Participation Percentages =�� 9 �-� �r, �;, ,��-rr�=-x �}>... _s..�.i _ tc l�i_s; , „ c� :';.cu < �.i 10 shall F�c�s���_ ��cj �c ���i ��� t. �, i_� c ✓ote= �>�_ the 11 <���rr�� t�� ��:; ��. .ti,�_�cr� us. Tic� the �.;�� �;z'�<� � '�es 12 r, ;vi_ci-r i_n .l e ' -,, .��_:� = , < E:rc� ,`ti. 13 � .�3.2. > .ic.rl>� �_s ,i <�'�? � ��.ri.�t _�d l� rc. .yE:� 14 I <��r ._rti<,i ��i�i�,�. �trc,�iit�zqc if � i�P o� r,r,r� Members 15 ���.._a±�t:�3i<.-���-agree to .�,�<_�7-r�-r���:-� t-t �-<>-�;y�a���-��*�-�.�.. 16 z . w�.�� 17 _______ 18 �e� la4e,-r rr��a. :���, �>� ���+��-r r.._i-�o--accept �� <�tu �, f�:.�;� � a i na 19 i ��tza<��= in Participation Percentage-e�rr�l�;,� �^�:� ZO r3,r�; x c>cx-�i� (r:T:3;"`�E��raz��r, _._I..E C.�Eu,3'� :::>-. ',i.. 21 I i P��E��� > ,�:F I�rt c_�ai i�, � �e.i�t:.< <�c ::ht �� � r���.tas r:. 22 _,�, >n L t;c� 'L, c� ,�h<Zr ��c, iz �, "itinr. 23 .2. <�7,t� � l.<�'�. c �cr� t ,.�,d i �c ,,i_���e 24 Transfer Capabilitya-��rwc�--���E.r�>U :Fx.�.c, �a� .� dt� <, l^��1C' 2rJ r�..''x t7 c� c�t ��U,zb- � t Y 1 " I�_�( � r'I c]'t>Ut 26 ����c�r1E ��, �.:> _a,�>;��r� r t sl�l ��<;t t<� asi LT,_r ,( ��;<> r 27 ���'�� ot the u��fi�.�!—��,,.� ..i� -;e� f����h ir. C, r.i.i�:t�n 28 �� >L�ir� the �1tiar���:� ���fi���r,��-�y� ��,cinc� �,�c���c� ,,c:s 29 cvi.��,c? in .. �a cr.� <=�,-��rr� ,,.c.t����f��.s�-, �a�-�''t�c c,�rr.G-�e}�t I' 14 1 . �� F _1�. X11 i , - E'rC, t_pe revisions 21 1i -(a)-----be recorded pith an admir:istrative amendment 3 to Appendix C and Appendix C --l; and (b) in h- 4 �.;i <,,i, 'zz r icipa[�Lon es of the 5 .t .m mdr -(i 00) oe I". 1 2.3.3 Members acknowledge and agree that, 2 notwithstanding the foregoing provisions, Member defaults may 3 result in a non -defaulting Member accepting a megawatt amount 4 in excess of the limits set forth in Appendix or 5 C'-1. 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 TANG 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 TANG 15 Commission may delegate decisions to 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 TANG Commission. 21 3.1.2 Voting - Approvals or authorizations required 22 under this Agreement shall be given or withheld by the TANG 23 Commission using the voting procedures described in the Joint 24 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 17 1 by the IANC 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 to 9 Phase III activities as described in Section 2.2.3, to 10 constitute a quorum, the combined Participation 11 Percentages of the Members not in default represented 12 by the IANC 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 IANC 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 Member 20 votes against a proposed Betterment, such 21 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 In 1 such Member's Participation Percentage and the 2 aggregate of the Participation Percentages the 3 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 9 previously approved in such Fiscal Year when 10 added to TANC's share of the cost of the 11 proposed Addition exceeds twenty-five 12 million dollars ($25,000,000) adjusted in 13 accordance with changes in the Consumer 14 Price Index (CPI) or successor index using 15 the January 1, 1990 level as the base year, 16 with regard to such Opposing Member's 17 Participation Percentage of such excess 18 amount only, such Opposing Member shall 19 have no obligations stemming from such 20 Commission action nor shall --such Opposing 21 Member have any right to participate in the 22 benefits of such Commission action. With 23 regard to the rights and obligations 24 associated with such excess amount, the 25 Members excluding such Opposing Member(s) 26 shall negotiate appropriate adjustments to 27 their Participation Percentages. 28 3.1.2.2.3 In the event that a Member 29 votes against a proposed Replacement, 17 1 such Member shall nevertheless be bound by 2 the 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 11 TANC's rights under this Agreement which 12 secure TANC 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 IANC 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 a 16 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 maintain 20 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 IE 1 The term of this Agreement, and for three (3) years 2 thereafter, books and cost records of TANC in accordance with 3 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 Manager, 6 and in any other managerial role under this Agreement and the 7 Intertie Agreements during Phase II and Phase III of the 8 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 TANG Capital Improvement Costs, and its 15 portion of Debt Service on TANG 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 TANG 20 Commission shall develop, approve, and distribute to the 21 Members a budget for TANG Project Costs, Debt Service for 22 TANC Project Indebtedness, TANG Project O&M Costs, and TANC 23 Capital Improvement Costs which the TANC Commission estimates 24 will be incurred during the then -current Fiscal Year in the 25 case of the initial budget and during the next succeeding 26 Fiscal Year for a subsequent budgets. Such budgets shall be 27 generally based upon budgets approved by the Management 28 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 Cost 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 such 9 budget, TANC shall mail the budget to the Members. Members 10 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 change 16 in the Members' payment obligations hereunder. TANC, if 17 requested by any Member, will make best efforts to remarket 18 any entitlement to Transfer capability that such Member or 19 its designated agent may determine to be in excess of that 20 Member's requirements. Remarketing efforts will be focused on 21 the other Members, the Western Area Power Administration, 4-- 22 other 23 Participants. Members also acknowledge and agree that some 24 anticipated Participants may elect not to enter into the 25 Intertie Agreements for Phase II and Phase III of the Project 26 and that this Agreement is intended to permit the Project to 27 be constructed without such anticipated Participants so that 28 TANC's ownership interest 21 1 in the Project, and thus the amount of Transfer Capability to 2 which each Member shall be entitled pursuant to this 3 Agreement, will vary depending on the final ownership 4 interests established for TANG and the other Participants 5 pursuant to the Intertie Agreements. TANG 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 93.750. 10 4.1.2 Each of the Members hereby approves the 11 issuance and sale of TANG Project Indebtedness as provided in 12 Section 4.1.3.1 below subject to approval of the TANG 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 TANG 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 TANG issue, 23 sell, or otherwise incur Indebtedness from time to 24 time pursuant to the provisions of Chapter 5, Division 25 7, Title 1 of the Government Code of the State of 26 California or any other applicable provisions of law 27 in amounts which will be sufficient to permit TANG to 28 pay, when due, all IANC Project Costs, TANG 22 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Project O&M Costs through the first full Fiscal Year after completion of the Project, TANC Capital Improvement Costs, costs of issuance, credit enhancements and other costs incurred in connection with the issuance or incurring of TANC Project Indebtedness, and to provide for capitalized interest as determined by TANC and for required deposits to funds and accounts established by each indenture and, in addition, to provide for the principal and interest on all Indebtedness outstanding on the initial Closing Date (all of said Indebtedness to constitute TANC Project Indebtedness}. Whenever TANC deems it beneficial to the Members, as a result of Debt Service savings or otherwise, upon approval of the TANC Commission, TANC may issue Indebtedness to refund outstanding TANC Project Indebtedness (which the Members hereby authorize) and the same shall be TANC Project Indebtedness. 4.1.3.2 Each Member severally agrees to pay to TANC an amount equal to its Participation Percentage of a Debt Service on the TANC Project Indebtedness to enable TANC to pay such Debt Service at the times and in the manner set forth in the applicable Indentures. Each Member also agrees to pay to TANC, in accordance with Section 22, an amount equal to its Participation Percentage of TANC Project Costs, TANC Project O&M Costs, and TANC Capital Improvement Costs, not financed by TANC 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, IANC 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 rates 14 and charges for its Electric System so as to provide 15 Revenues sufficient, together with other available 16 funds derived from its Electric System, to pay, when 17 due, all amounts payable by such Member under this 18 Agreement and to pay all other amounts payable from, 19 and all lawful charges against or liens upon, the 20 Revenues of its Electric System. 21 4.1.3.5 Each Member shall be obligated to make 22 payments under this Section 4.1.3 and to budget for 23 such payments solely from the Revenues of, and as an 24 operating expense of, its Electric System. Each Member 25 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 24 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 that 12 it shall, at all times so long as any IANC Project 13 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 17 System in good working order and condition, and shall 18 cooperate with IANC in the performance of the 19 respective obligations of IANC and such Member under 20 this Agreement. 21 4.1.3.7 Each Member agrees that all rights, 22 title, and interest of TANS 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 IANC Project Indebtedness. 27 4.1.4 Funds received by TANC from the issuance and 28 sale of IANC 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 IANC Project 3 Indebtedness. 4 4.1.5 IANC 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 of 10 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 IANC Project 17 Indebtedness remains outstanding, whichever is longer. 18 5.2 Termination - This Agreement shall not be subject to 19 termination by IANC 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 IANC 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 as 28 provided in Section 2,3.2 anc ecLjop 8.3, this Agreement may be 26 1 amended only by the written agreement of all of the parties 2 thereto. 3 4 6. DEFAULT 5 6.1 Defaulting Member's Participation Percentage - Upon 6 the failure of any Member or, with respect to its obligations 7 under Section 15, a former Member who has withdrawn, to meet its 8 obligations hereunder, TANC shall give written notice of the 9 failure to such Member or former Member who has withdrawn and, if 10 such failure has not been cured within forty-five (45) days after 11 the date of such notice, it shall constitute a default at the 12 expiration of such forty-five (45) day period. Upon such default, 13 in addition to the rights and remedies available to TANC pursuant 14 to Section 6.2, TANC may protect and enforce its rights hereunder 15 by suit or suits in equity or at law, whether for the specific 16 performance of any covenant herein or for damages or in aid of 17 the execution of any power granted herein or any other remedy 18 available under any provision of applicable law. No remedy by the 19 terms of this Agreement conferred upon or reserved to TANC is 20 intended to be exclusive of any other remedy, but each and every 21 such remedy shall be cumulative and shall be in addition to every 22 other remedy given under this Agreement or existing at law or in 23 equity or by statute on or after the effective date of this 24 Agreement. 25 6.2 Nondefaulting Member's Participation Percentage - Upon 26 any default described in Section 4.1.3.3, the defaulting Member 27 shall no longer be entitled to any rights granted to the Members 27 1 with respect to the Project, and each Member severally agrees 2 that the Participation Percentage of each nondefaulting Member 3 shall be automatically increased as follows: 4 6.2.1 Each Member severally agrees that the 5 Participation Percentage of each nondefaulting Member shall 6 be automatically increased to the ratio between such 7 nondefaulting Member's Participation Percentage and the 8 aggregate of the Participation Percentages of the 9 nondefaulting Members, expressed as a percentage. For 10 purposes of this Section 6.2.1 and Section 6.2.2, the term 11 "Member" shall include, but not be limited to, each former 12 Member who has withdrawn from TANC and converted its 13 Participation Percentage of TANC's entitlement to Transfer 14 Capability to an ownership interest in the Project pursuant 15 to Section 15, and the term "Participation Percentage" shall 16 mean that percentage which would represent such withdrawn 17 Member's Participation Percentage of TANC's entitlement to 18 Transfer Capability if such conversion had not occurred. 19 6.2.2 Notwithstanding the provisions of Section 20 6.2.1, the cumulative increase for any nondefaulting Member 21 pursuant to this Section 6.2 shall not exceed twenty-five 22 percent (250) of its Participation Percentage in effect 23 immediately prior to the first default without the consent of 24 the Member; provided, that for purposes of determining such 25 cumulative increase any increase (i) pursuant to Section 2.3 26 or 3.1.2.2, or (ii) which results because a Member has 27 withdrawn from TANC and converted its Participation 28 Percentage of TANC's entitlement to Transfer Capability to an 28 1 ownership interest in the Project pursuant to Section 15, 2 shall not be considered. The nondefaulting 3 Members shall be entitled to the rights which the 4 default Member loses upon the default and shall assume 5 subject to section 6.3 all of the obligations of the 6 defaulting Member with respect to such rights hereunder. 7 Increases in the Participation Percentages of the 8 nondefaulting Members shall be applicable to any payments due 9 and not paid by the defaulting Member at the time of the 10 increase and all subsequent payments due and not paid by the 11 defaulting Member. 12 6.3 Defaulting Member's Obligations - Each Member agrees 13 that increases in the obligations of other Members pursuant to 14 Section 6.2 shall not relieve the defaulting Member or a former 15 Member who has withdrawn, of its liability for its obligations 16 described hereunder. The nondefaulting Members shall have a right 17 of recovery from the defaulting Member to the extent of increases 18 in their obligations resulting from such default (plus interest 19 at the Interest Charge) from the date of such default until paid. 20 6.4 Tax Covenant - Notwithstanding any other provision of 21 this Agreement, no Member shall transfer, assign, sell or 22 exchange any portion of its Participation Percentage of TANC's 23 entitlement to Transfer Capacity, or any other interest in the 24 Project or the capacity or capability thereof, directly or 25 indirectly, in any manner, or shall take, or to the extent it 26 can control the same permit to be taken, any other action or 27 actions, which would adversely affect the exclusion of the 29 1 interest on any of the TANC Project Indebtedness from gross 2 income for federal, income tax purposes under Section 103 of the 3 Internal Revenue Code of 1986, as amended, and the applicable 4 regulations thereunder (or any successors to such statute and 5 regulations), including without limitation, by reason of 6 classification of such TANC Project Indebtedness as a "private 7 activity bond" within the meaning of said Code. 8 9 7. USE OF TRANSFER CAPABILITY 10 7.1 Member Use of Transfer Capability - Subject to the 11 provisions of this Section 7, Section 6.4, and Section 8 hereof, 12 each Member shall have the right to use its Participation 13 Percentage of TANC's entitlement to Transfer Capability for any 14 purpose, including holding such Transfer Capability in reserve or 15 making such Transfer Capability available to a Member, 16 Participant, or other entity, subject to the terms and conditions 17 relating to assignments and layoffs by Participants under the 18 intertie Agreements; provided, that before a Member may make 19 unneeded Transfer Capability available to a non -Member, it shall 20 make such Transfer Capability available to the other Members on 21 terms and conditions which are established by the TANC 22 Commission. Nothing in this Section 7.1, however, shall prohibit 23 a Member or its designated agent from requesting that the TANC 24 Coordinator make all or part of such Member's unused Transfer 25 Capability available to other Members on behalf of such Member. 26 7.2 Non -Member Use of Transfer Capability - Each Member or 27 its designated agent shall notify the TANC Coordinator in the 28 event that it does not need all or a portion of its Participation 30 1 Percentage of TANC's entitlement to Transfer Capability and no 2 other Member needs such Transfer Capability. In such event, the 3 IANC coordinator shall then make such Transfer Capability 4 available to the other Participants pursuant to the provisions 5 the Intertie Agreements. Otherwise, each Member or its designated 6 agent shall--- determine the disposition of its unneeded Transfer 7 Capability, which may include directing the IANC Coordinator to 8 make such Transfer Capability available to any entity on such 9 terms and conditions as such Member or its designated agent may 10 direct. 11 7.2.1 Compensation - Compensation for the use of a 12 Member's Participation Percentage of TANC's entitlement to 13 Transfer Capability by other Participants will be as set 14 forth in the Intertie Agreements. In the event that the 15 provisions of the Intertie Agreements do not apply to the 16 transaction, compensation shall be as determined by each 17 Member making such Transfer Capability available. 18 7.2.2 Allocation of Revenue - Payments for the use 19 of TANC's unneeded entitlement to Transfer Capability by non - 20 Members shall be collected by IANC and promptly and fully 21 credited directly to the Member making such Transfer 22 Capability available. Each such Member agrees that all right, 23 title, and interest of such Member and TANC in and to such 24 payments may be pledged and assigned under the Indentures to 25 secure payments required to be made under Section 4.1.3 by or 26 on behalf of such Member. 27 7.3 MOU Layoffs - in accordance with Sections 10.1 and 28 10.2 of the MOU as implemented by the Intertie Agreements, IANC 31 1 shall lay off a portion of its entitlement to Transfer 2 Capability. Compensation to IANC by those entities receiving the 3 layoff is to be based on TANC's Project Cost including financing 4 plus contingencies of twenty-five (25) percent. 5 7.3.1 Unless otherwise agreed by the Members, each 6 Member shall provide its portion of such layoffs in 7 accordance with the Member's Participation Percentage. 8 7.3.2 Payments for the layoff of TANC's entitlement 9 to Transfer Capability as described in Sections 10.1 and 10 10.2 of the MOU shall be collected by IANC and promptly and 11 fully credited to the Members based on each Member's 12 Participation Percentage unless otherwise agreed by the 13 Members. Each such Member agrees that any right, title, and 14 interest of such Member and IANC in and to such payments 15 may be pledged and assigned under the Indentures to secure 16 payments required to be made under Section 4 1.3 by or on 17 behalf of such Member. 18 7.4 In the event that a Member's Participation Percentage 19 of TANC's entitlement to Transfer Capability converted to 20 megawatts exceeds the megawatt amount in Appendix C, Co­n4��,, 21 C-', layoffs made by TANC pursuant to Sections 7.2 and 22 7.3 shall first be made from such excess amount if so requested 23 by that Member. If more than one Member has such an excess amount 24 and the sum of all such excess amounts exceeds the amount of the 25 layoff, the layoff shall be made pro rata based on the ratio 26 between each such requesting Member's excess amount and the sum 27 of all such requesting Members' excess amounts. 32 1 7.5 Notwithstanding anything to the contrary contained in 2 this Section 7, no layoff of Transfer Capability made pursuant to 3 this Section 7 shall excuse a Member from making the full 4 payments required by Section 4 hereof nor reduce the amount or 5 extend the time of such payments. 6 7 8. SCHEDULING 8 8.1 Member Scheduling Rights - During any scheduling 9 period, each Member or its designated agent shall have the right 10 to schedule power transactions using Transfer Capability up to 11 the amount of its Participation Percentage of TANC's entitlement 12 to Transfer Capability, subject to the provisions of Section 7 of 13 this Agreement. Each Member or its designated agent may also 14 schedule power transactions over any additional percentage of 15 Transfer Capability that it has a right to use. Notwithstanding 16 the provisions of Section 8.2, each Member or its designated 17 agent shall have the right to schedule such transactions pursuant 18 to its separate agreements with other entities. All power 19 scheduled over the Project shall be in whole megawatt amounts or 20 as otherwise set forth in the Intertie Agreements. 21 8.2 Project Use Information Coordination - Each Member or 22 4-9 its designated agent shall provide the TANG Coordinator with 23 Project use information required to meet TANC's obligations under 24 the Intertie Agreements as a Participant in the Project. The TANG 25 Coordinator shall submit such information to the operating Agent 26 in accordance with such agreements. 27 8.3 Scheduling and Curtailment Procedures - Specific 28 procedures which implement the provisions of this Section 8 and 33 1 Section 7 hereof are set forth in Appendix D. The Members and 2 their designated agents agree to comply with such procedures, as 3 they may be modified from time to time by a vote of the TAMC 4 Commission pursuant to Section 3.1.2. 5 6 9. INSURANCE AND INDEMNIFICATION 7 IANC shall maintain, or cause to be maintained in force, 8 insurance as may be determined prudent in the judgment of the 9 TANC Commission and as may be required by the provisions of the 10 Intertie Agreements and any Indenture. IANC shall indemnify, 11 defend, and hold harmless each Member, and its governing board 12 members, officers, employees and agents, from any liability for 13 personal injury, death, or property damage arising out of the 14 negligent activities of IANC pursuant to this Agreement or the 15 Intertie Agreements. 16 17 10. COMPLIANCE WITH OTHER INSTRUMENTS 18 It is recognized by the parties hereto that, for the 19 benefit of the Members, IANC, in undertaking, or causing to be 20 undertaken, the planning, licensing, financing, construction, and 21 operation of TANC's share of the Project, must comply with the 22 requirements of each Indenture, the Intertie Agreements, all 23 applicable licenses, permits, and regulatory approvals necessary 24 therefor, and the Joint Powers Agreement. 25 26 11. LIABILITY OF IANC OFFICERS 27 11.1 Release - Each Member agrees that TANC's 28 Commissioners, officers, and employees shall not be liable to the 34 1 Members for direct, indirect or consequential loss or damage 2 suffered by the Members as a result of (i) the performance or 3 nonperformance by TANC under any Intertie Agreements or (ii) the 4 performance or nonperformance of TANC under this Agreement. Each 5 Member releases TANC's Commissioners, officers, and employees 6 from any claim or liability (whether negligent or otherwise) as a 7 result of any actions or inactions of TANC under this Agreement 8 or the performance or nonperformance by TANC under any Intertie 9 Agreement. 10 11.2 No Modification - The provisions of this Section shall 11 not be construed so as to relieve TANC of any obligations under 12 any of the Intertie Agreements and the provisions of this Section 13 shall not be construed to modify or amend Paragraph 2 of the 14 Joint Powers Agreement. 15 16 12. NOTICE AND COMPUTATION OF TIME 17 12.1 Manner of Notices - Any notice or demand by a Member 18 to TANC under this Agreement shall be deemed properly given if 19 deposited in the United States mail first class postage prepaid 20 or its equivalent, or sent via facsimile or other electronic 21 media and confirmed by telephone --- in writing 22 within twenty-four (24) hours)_ addressed to TANC at its 23 operational office; any notice or demand by TANC to any Member 24 under this Agreement shall be deemed properly given if deposited 25 in the United States mail first class postage prepaid or its 26 equivalent, or sent via facsimile or other electronic media and 27 confirmed by telephone ­e -r, in writing, o- b,,, e c a 28 within twenty-four (24) hours -i'17-, addressed to the addressee shown 35 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 on the signature pages hereof at the address shown in Appendix E. The designations of the name and address to which any such notice or demand is directed may be changed at any; time and from time to time by any party giving notice as above provided in this Section. 12.2 Time Computed - In computing any period of time from such notice, such period shall commence on the date mailed or, if sent via facsimile or other electronic media, on the date sent. 13. APPLICABLE LAW This Agreement is made under and shall be governed by the laws of the State of California. 14. SEVERABILITY If any section, paragraph, clause, or provision of this Agreement, or any part thereof, shall be finally adjudicated by a court of competent jurisdiction to be invalid, the remainder of this Agreement shall remain in full force and effect as though such section, paragraph, clause, or provisions or any part thereof so adjudicated to be invalid had not been included herein. 15. MEMBER'S RIGHT TO WITHDRAW 15.1 Conversion of Participation Percentage to Undivided Ownership Interest - TANC's undivided ownership interest in the Project shall constitute rights or property acquired and owned by TANG and no Member shall have an ownership interest in the Project except upon withdrawal from TANG and conversion of its Participation Percentage to an undivided ownership interest as 36 1 provided herein. After the commercial operation date of the 2 Project, each Member not then in default shall be entitled to 3 withdraw from IANC and convert its Participation Percentage into 37 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 a 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 from 15 TANC and so convert its Participation Percentage shall hold its 16 ownership interest as a tenant in common with TANC and the other 17 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 hundred eighty (180) days, 38 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 4 a former Member that has withdrawn determines to sell, 5 transfer, assign, or otherwise dispose of pursuant to a 6 bona fide written offer. In the event that any former 7 Member that has withdrawn ceases to exist as a public 8 agency, as defined in Section 6500 of the California 9 Government Code, then all rights, interests, and 10 obligations of such former Member in the Project which were 11 derived through TANG shall, at TANC's option, revert to 12 TANG in exchange for TANG assuming such former Member's 13 remaining obligations in the Project; provided, that such 14 former Member that has withdrawn has not sold, assigned, or 15 otherwise disposed of its rights, interests, and 16 obligations prior to the date such Member ceases to exist 17 as a public agency; provided further, that any former 18 Member that has withdrawn has the right to sell, assign, or 19 otherwise dispose of its rights, interests, and obligations 20 to anyone as long as the sale does not violate the 21 provisions of Section 6.4. 22 15.2.2 Former Members who have withdrawn shall have a 23 right of first refusal in any right or interest in the 24 Project (in whole or in part) which IANC or a IANC Member 25 determines to sell, transfer or assign to a non -Member. The 26 rights and obligations of former Members who have withdrawn 27 with respect to layoffs of Transfer Capability shall be as 28 prescribed in Section 7 of this Agreement; 29 15.2.3 Except as provided in this Section 15, a 39 1 withdrawal shall have no adverse effect on the rights and 2 obligations under the MOU of IANC, 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 IANC 10 nor the conversion of its Participation Percentage of 11 TANC's entitlement to Transfer Capability to an undivided 12 ownership interest in the Project pursuant to Section 15.1 13 shall relieve such Member of any of its obligations to make 14 payments with respect to Debt Service on IANC Project 15 Indebtedness at the times and in the amounts specified in 16 Section 4.1.3.2, as though such conversion had not 17 occurred, including any amounts due thereunder as a result 18 of an increase in such Member's Participation Percentage 19 pursuant to Sections 2.3, 3.1.2.2, and 6.2. In addition, 20 neither shall such action relieve the withdrawing Member of 21 any of its obligations pursuant to Section 6.4, nor affect 22 the rights of IANC 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 IANC may reasonably 27 request to protect the continuing rights of IANC in the 28 interest transferred as set forth in this Agreement. 40 1 15.3 Inclusion in Intertie Agreements - Implementation of 2 this Section 15 is subject to the provisions of all applicable 3 Intertie Agreements. TAMC 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 IANC 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 Section 13 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 IANC 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 Project Agreement - Unless 20 otherwise agreed by the Members, the provisions of this Section 21 15 shall be included in any subsequent IANC "project agreement" 22 (as that term is defined in the Joint Powers Agreement) 23 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 41 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 No Assignment While IANC Project 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 2,3,2, 4.1.3.7, 7.2.2, 7.3.2, and 15, - -- ------------ 12 neither this Agreement nor any right or interest herein shall be 13 transferred or assigned by any party hereto so long as any TANG 14 Project Indebtedness is outstanding. 15 16.2 Assignment Prior to Withdrawal - Unless a Member has 16 withdrawn from IANC 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 TANG 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 42 1 is also made and entered into for the benefit of the Trustee 2 under each Indenture and the holders of outstanding IANC 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, C-1, C 2, D, 12 and E 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, 23 subject headings, section titles and similar items are provided 24 for the purpose of reference and convenience and are not intended 25 to be inclusive, definitive or to affect the meaning or scope of 26 this Agreement. 27 28 22. BILLING AND PAYMENT 43 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 party, 13 then the payment shall be due on the next following business day 14 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. 44 i 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 IANC 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, 18 each of which shall be deemed to be an original and all of which, 19 when 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. 45 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 CITY OF ALAMEDA By: Name: Title: Date: CITY OF HEALDSBURG By: Name: Title: Date: CITY OF LODI By: Name: Title: Date: CITY OF LOMPOC By: Name: Title: Date: MODESTO IRRIGATION DISTRICT By: Name: Title: Date: CITY OF PALO ALTO By: Name: Title: Date: CITY OF REDDING By: Name: Title: Date: CITY OF ROSEVILLE By: Name: Title: Date: 46 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 SACRAMENTO MUNICIPAL UTILITY DISTRICT By: Name: Title: Date: CITY OF SANTA CLARA By: Name: Title: Date: TURLOCK IRRIGATION DISTRICT By: Name: Title: Date: CITY OF UKIAH By: Name: Title: Date: PLUMAS-SIERRA RURAL ELECTRIC COOPERATIVE By: Name: Title: Date: TRANSMISSION AGENCY OF NORTHERN CALIFORNIA By: Name: Title: Date: 47 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 (PG&E) 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 individua y 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. 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 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 9 WHEREAS, in order to develop the Project in accordance with this MOU, 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, PG&E 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 PG&E 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. PG&E shall also provide up to SO 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. PG&E shall not be obligated to provide firm transmission service in excess of 700 MW for power transmitted over Project facilities and SMUDls SO MW of assignable entitlement, provided, that such transmission service shall be provided under reasonable rates, terms and conditions. 2.3 In addition to firm transmission service provided pursuant to Section 2.2, PG&E 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 PG&E, 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 PG&E 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 that any modification which materially affects the transmission system of a 5 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 PG&E and Western for interconnections between the Project and Western and PG&E 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 transfer capability under outage and curtailment conditions, including curtailments due to loop flow. 3.4 PG&E 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. PG&E 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 PG&E. 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 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 PG&E, 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 PC line. 5.0 Project Participation Shares 5.1 The Participants shall be entitled to Project transfer capability 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 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 shai of the Project pursuant to Section 8.1, then the Participants shall be entitled to Project transfer capability between the California -Oregon border arE 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 sha 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 PG&E pursuant to Contract 14-06-200-2948A (Contract 2948A). 0 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, PG&E will accep CVP power at any point of interconnection between PG&E and Western for delivery to PG&E or to Western loads served from PG&E's system pursuant to Contrac 2948A. Any incremental costs incurred by Western because of the outage of its facilities during construction, including wheeling charges paid to PG&E, 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, th Participants shall be responsible for financing the Project and betterments in the following proportion 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, and 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 Prolect Ownershi 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). [I 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 Riahts 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 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 improvements 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 PG&E in the Project, (2) execution by COWR of the participation agreement, and(3) construction of the Project, the term of the Extra High Voltage Contract, dated August 1, 1967, among CDWR, PG&E, 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 PG&E, 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. 8.3 Upon exercise of CDWR's rights under Section 8.1, PG&E 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. PG&E. SCE. and SDG&E 9.1 PG&E, 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, PG&E, SCE, and SDG&E (EHV Contract), consent to an assignment by SMUD of up to SO 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 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 PG&E, SCE, and SDG&E is terminated because the approvals under Section 11.4 cannot be obtained or because those approvals are unsatisfactory to PG&E, 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, i no work has been done on the Project for three year 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 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 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 or 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 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 HOU each Participant shall furnish the other Participants with a written Opinion of Council in which it is represented that said Participant has the authority to enter into such contracts and to be 17 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 By: Date: CITY OF AZUSA By: Date: 18 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: Date: 18 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: Date: IN 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: Date: IN 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: Date: 10 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: Date: 10 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: Date: 10 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: Date: 10 SAN DIEGO GAS AND ELECTRIC COMPANY By: Date: SOUTHERN CALIFORNIA EDISON COMPANY By: Date: WESTERN AREA POWER ADMINISTRATION By: Date: 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 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: LOS ANGELES DEPARTMENT OF WATER AND POWER By: Date: 20 MEMORANDUM OF UNDERSTANDING CALIFORNIA -OREGON TRANSMISSION PROJECT 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: 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 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 CALIFORNIA By: Date: LOS ANGELES DEPARTMENT OF WATER AND POWER By: Date: 20 "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. "Exhibit B" Suggested Report Language in Appropriations Legislation in Both Houses or Conference 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 CALIFORNIA -OREGON TRANSMISSION PROJECT MEMORANDUM OF UNDERSTANDING ANNEX 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 CONFORMED COPY CALIFORNIA -OREGON TRANSMISSION PROJECT MEMORANDUM OF UNDERSTANDING ANNEX Among City of Anaheim City of Azusa City of Banning City of Colton City of Riverside City of Vernon California Department of Water Resources Los Angeles Department of Water and Power Pacific Gas and Electric Company San Diego Gas & Electric Company Southern California Edison Company Transmission Agency of Northern California Western Area Power Administration Carmichael Water District El Dorado Hills Community Services District San Juan Suburban Water District Shasta Dam Area Public Utility District Southern San Joaquin Valley Power Authority Trinity County Public Utility District March 19, 1986 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 TABLE OF CONTENTS SECTION PAGE RECITALS.......................................................................................... 2 1. DEFINITIONS AND CATEGORIES OF PARTICIPANTS...... 2. ASSUMPTION OF OBLIGATIONS AND RIGHTS .................. 3. PROJECT MANAGEMENT .................................................................. 4. MEMORANDUM OF UNDERSTANDING—PROJECT PARTICIPATION SHARES............................................................................................. 5. MEMORANDUM OF UNDERSTANDING—PROJECT FINANCING RESPONSIBILITY ........................................................................... 6. MEMORANDUM OF UNDERSTANDING—PROJECT OWNERSHIP .................................................................................................................. 7. RIGHTS OF THE CALIFORNIA DEPARTMENT OF WATER RESOURCES....................................................................................... 8. PROJECT DEVELOPMENT AGREEMENT —PROJECT OWNERSHIP, ENTITLEMENT TO TRANSFER CAPABILITY OF THE PROJECT AND PROJECT FINANCING REPONSIBILITY ..................... 9. CHANGES IN OWNERSHIP, PARTICIPATION SHARE, AND FINANCING RESPONSIBILITY ................................................ 10. REIMBURSEMENT OF CURRENT PARTICIPANTS ............... 11. CONSTRUCTIVE WITHDRAWAL ................................................... 12. ASSIGNMENT .................................................................................... 13. OPINIONS OF COUNSEL ............................................................ 14. SIGNATURE CLAUSE ..................................................................... 3 4 5 6 9 10 15 So 20 20 22 25 27 28 I 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 MEMORANDUM OF UNDERSTANDING ANNEX CALIFORNIA -OREGON TRANSMISSION PROJECT This Memorandum of Understanding Annex ("MOU Annex") shall be effective as of February 22, 1986, and is entered into by the City of Anaheim (Anaheim), City of Azusa (Azusa), City of Banning (Banning), City of Colton (Colton), City of Riverside (Riverside), City of Vernon (Vernon), collectively referred to as "Southern California Public Agencies": California Department of Water Resources (CDWR): Pacific Gas and Electric Company (PG&E), San Diego Gas and Electric Company (SDG&E), and Southern California Edison Company (SCE), collectively referred to as "Investor -Owned Utilities": the Western Area Power Administration (Western): the Transmission Agency of Northern California (Agency), a joint powers 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 "Current Participant" and collectively as "Current Participants": 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: and Southern San Joaquin Valley Power Authority (South San Joaquin), a joint powers agency: Trinity County Public Utility District (Trinity): Shasta Dam Area Public Utility District (Shasta): San Juan Suburban Water District (San Juan): 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 El Dorado Hills Community Services District (El Dorado); and Carmichael Water District (Carmichael), hereinafter sometimes referred to individually as "Additional Participant" and collectively as "Additional Participants." WHEREAS, the Current Participants, along with LADWP, have executed the Memorandum of Understanding, California -Oregon Transmission Project dated December 19, 1984 ("MOU"), and the Current Participants, except for CDWR, have executed a Supplemental Letter Agreement to the MOU, the Interim Cost Sharing Agreement effective April 1, 1985, and the Project Development Agreement ("PDA") effective September 30, 1985, for the purpose of developing the California -Oregon Transmission Project ("Project"), and WHEREAS, the Secretary of Energy, by his Memorandum of Decision ("MOD") of February 7, 1985 approved the MOU subject to the modifications and conditions set forth in the MOD, which MOD has been clarified by the May 4, 1985 letter from the Acting General Counsel of the Department of Energy: and WHEREAS, certain non-federal public entities were, under terms and conditions specified by Western in 50 Fed. Reg. 31912 (1985), allocated entitlements within the 3.125 per cent of Project transfer capability reserved to them by the Secretary of Energy, which non-federal public entities and their allocated entitlements are set out at SO Fed. Reg. 42769 (1985), and WHEREAS, such non-federal public entities, designated as the Additional Participants, as one condition of receiving and 9 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 using such entitlement must sign an agreement with the Current Participants by which they assume all appropriate obligations and become entitled to all applicable rights and benefits of the Project defined to date, NOW, THEREFORE, the Additional Participants, the Current Participants, and LADWP agree as follows: 1. DEFINITIONS AND CATEGORIES OF PARTICIPANTS 1.1 For purposes of this MOU Annex, a "Participant" is an entity having the obligations, rights and benefits of a Participant as that term is used in the MOU, the Supplemental Letter Agreement, the Interim Cost Sharing Agreement, the PDA and any other agreement related to the Project which has been signed by all or substantially all the Current Participants and Additional Participants. 1.2 A Nonutility Participant is any Additional Participant which (1) is not a public electric utility regulated under applicable state law or the Federal Power Act or exempted from such regulation by reason of being a public entity, or (2) does not have public utility responsibilities with regard to serving electric power to customers. Nonutility Participants have the same rights, obligations and benefits as Participants except as provided in Section 2.2 below. As of the effective date of this Agreement, the Nonutility Participants are South San Joaquin, San 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 N Juan and Carmichael. Nothing contained herein shall preclude a Nonutility Participant from changing its status at a later date, to no longer be a Nonutility Participant. ASSUMPTION OF OBLIGATIONS AND RIGHTS 2.1 Each Additional Participant agrees to and is bound hereby by all provisions, terms and conditions of the MOU s modified by the MOD of the United States Secretary of Energy, dated February 7, 1985, as interpreted by the letter of the United States Department of Energy Acting General Counsel, dated May 4, 1985, and as such MOU may be further amended, the Supplemental Letter Agreement, the Interim Cost Sharing Agreement and the PDA, all as modified by this MOU Annex, as if each Additional Participant had duly executed such agreement. 2.2 In accordance with the May 4. 1985 letter from the Acting General Counsel of the Department of Energy, which provides in part that the Secretary of Energy's MOD was not intended to impose a precedent for wheeling to end-users, Section 2.4 of the MOU and Sections 34.3 and 34.4 of the PDA, which implement Section 2.4 of the MOU, shall not be applicable to Nonutility Participants. Section 10.5 of the MOU shall not be applicable to any Nonutility Participant. 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 3. PROJECT MANAGEMENT The following is substituted for and replaces Section 4.1 Of the MOU: 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, and each Additional Participant being jointly represented by one Additional Participant, provided that any Additional Participant may designate instead a Current Participant's Management Committee Representative to represent it on the Management Committee. All actions or decisions by the Management Committee shall be by agreement of at least 75 percent interest of the Participants entitled to vote based on Project Participation shares between the California -Oregon border area and Tesla Substation, as expressed in Section 5. A Management Committee Representative who represents more than one Participant shall separately vote the interests of each Participant represented. Subcommittees shall be formed as needed to address 5 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 4 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 Southern California Public Agencies and each of the Additional Participants, and each of the members of the Agency, shall be given advance notification of all meetings of the Management Committee and may attend meetings." MEMORANDUM OF UNDERSTANDING --PROJECT PARTICIPATION SHARES 4.1 The following is substituted for and replaces Section 5.1 of the MOU: 115.1 The Participants shall be entitled to Project transfer capability 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 42.2916 percent; 5.1.2 The Investor -Owned Utilities shall be entitled to 40.7837 percent; 5.1.3 The Southern California Public Agencies shall be entitled to 7.5497 percent; 5.1.4 Western for DOE laboratories and federal wildlife refuges 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 F11W. A shall be entitled to 6.2500 percent; 5.1.5 South San Joaquin shall be entitled to 2.0625 percent; 5.1.6 Trinity shall be entitled to .3125 percent; 5.1.7 Shasta shall be entitled to .4375 percent; 5.1.8 San Juan shall be entitled to .0625 percent; 5.1.19 El Dorado shall be entitled to .1875 percent; 5.1.10 Carmichael .0625 percent." The following is substituted for and replaces Section 5.2 of the MOU: "5.2 If CDWR exercises its rights and purchases its share of the Project in accordance with Section 8.1 of the MOU, 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 39.4690 percent; 7 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 5.2.2 The investor -Owned Utilities shall be entitled to 38.0673 percent; 5.2.3 The Southern California Public Agencies shall be entitled to 7.0470 percent; 5.2.4 Western for DOE laboratories and federal wildlife refuges shall be entitled to 6.2500 percent; 5.2.5 South San Joaquin shall be entitled to 2.0625 percent; 5.2.6 Trinity shall be entitled to .3125 percent; 5.2.7 Shasta shall be entitled to .4375 percent; 5.2.8 San Juan shall be entitled to .0625 percent; 5.2.9 El Dorado shall be entitled to .1875 percent; 5.2.10 Carmichael shall be entitled to .0625 percent; 5.2.11 The CDWR shall be entitled to 6.0417 percent." 8 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 5 MEMORANDUM OF UNDERSTANDING --PROJECT FINANCING, RESPONSIBILITY 5.1 The following is substituted for and replaces Section 6.1 of the MOU: "6.1 Prior to the effective date of any election by CDWR to exercise its rights in accordance with Section 8.1 of the MOU and unless otherwise agreed in accordance with Section 6.3 of the MOU, the Participants, shall be responsible for financing t e Project and betterments in the following proportions: 6.1.1 The Agency, 45. 10 percent: The Investor -Owned Utilities, 43.5026 percent: 6.1.2 The Southern California Public Agencies, 8.0530 percent; 6.1.3 South San Joaquin, 2.2000 percent; 6.1.4 Trinity, .3333 percent; ,6.1.5 Shasta, .4667 percent; 6.1.6 San Juan, .0667 percent; 6.1.7 El Dorado, .2000 percent; 6.1.8 Carmichael, .0667 percent." 5.2 The following is substituted for and replaces Section 6.2 of the MOU: 0 Formatted: Spanish (Spain) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 I 6.2 Subsequent to the effective date of election by CDWR to exercise its rights in accordance with Section 8.1 of the MOU, and unless otherwise agreed in accordance with Section 6.3 of the MOU, the Participants, shall be responsible for any capital betterments for the Project in the following proportions: 6.2.1 The Agency, 42.1002 percent; 6.2.2 The Investor -Owned Utilities, 40.6052 percent; 6.2.3 The Southern California Public Agencies, 7.5168 percent; 6.2.4 The CDWR, 6.4444 percent; 6.2.5 South San Joaquin, 2.2000 Percent; 6.2.6 Trinity, .3333 percent; 6.2.7 Shasta, .4667 percent; 6.2.8 San Juan, .0667 percent; 6.2.9 El Dorado, .2000 percent; 6.2.10 Carmichael, .0667 percent." MEMORANDUM OF UNDERSTANDING --PROJECT OWNERSHIP 6.1 The following is substituted for and replaces Section 7.1 of the MOU: "7.1 Except as otherwise agreed by the Participants in accordance with Section 7.6 of the MOU, the Project, 10 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 WE 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 right in accordance with Section 8.1 of the MOU: 7.1.1 The Agency, 45. 10 percent; 7.1.2 The Investor -Owned Utilities, 43.5026 percent: 7.1.3 The Southern California Public Agencies, 8.0530 percent; 7.1.4 South San Joaquin, 2.2000 Percent; 7.1.5 Trinity, .3333 percent; 17.1.6 Shasta, .4667 percent; 7.1.7 San Juan, .0667 percent; 7.1.8 El Dorado, .2000 percent; 7.1.9 Carmichael, .0667 percent." The following is substituted for and replaces Section 7.2 of the MOU: "7.2 If CDWR exercises its rights to purchase Project transfer capability in accordance with Section 8.1 of the MOU, then except as otherwise agreed by the Participants in accordance with Section 7.6 of the MOU, the Project, other than the upgraded Western facilities, shall be owned in the 11 Formatted: Spanish (Spain) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 6.3 following proportions after January 1, 2005: 7.2.1 The Agency, 42.1002 percent: 7.2.2 The Investor -Owned Utilities, 40.6052 percent: 7.2.3 The Southern California Public Agencies, 7.5168 percent: 7.2.4 The CDWR, 6.4444 percent: 7.2.5 South San Joaquin, 2.2000 Percent; 7.2.6 Trinity, .3333 percent: 7.2.7 Shasta, .4667 percent: 7.2.8 San Juan, .0667 percent: 7.2.9 El Dorado, .2000 percent: 7.2.10 Carmichael, .0667 percent." The following is substituted for and replaces Section7.3 of the MOU: "7.3 Unless prohibited by law or unless otherwise agreed in accordance with Section 7.6 of the MOU, the portion of the upgraded Western facilities not owned by Western shall be owned in the following proportions prior to January 1, 2005: 7.3.1 The Agency, 45.1110 percent, (approximately 677/1500); IF, 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 7.3.2 The Investor -Owned Utilities, 43.5026 percent, - (approximately 652/1500); 7.3.3 The Southern California Public Agencies, 8.0530 percent (approximately 121/1500); 7.3.4 South San Joaquin, 2.200 percent (approximately 33/1500); 7.3.5 Trinity, .3333 percent (approximately 5/1500); 7.3.6 Shasta, .4667 percent (approximately 7/1500); 7.3.7 San Juan, .0667 percent (approximately 1/1500); 7.3.8 El Dorado, .2000 percent (approximately 3/1500); 7.3.9 Carmichael, .0667 percent (approximately 1/1500). The Participants recognize that the facilities to be owned by Western shall be determined in accordance with the provisions of the MOU, approved by the Secretary of Energy by the MOD, which MOD was clarified by the May 4, 1985 letter from the Acting General Counsel of the Department of Energy. Further negotiations of the particulars of the 13 Formatted: Spanish (Spain) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 6.4 ownership of facilities by Western will be required as engineering of the Project progresses." The following is substituted for and replaces Section 7.4 of the MOU: 117.4 Unless prohibited by law or unless otherwise agreed in accordance with Section 7.6 of the MOU, the portion of the upgraded Western facilities not owned by Western shall be owned in the following proportions on and after January 1, 2005, if CDWR exercises its rights to purchase in accordance with Section 8.1 of the MOU: 7.4.1 The Agency, 42.1002 percent (approximately 631/1500); 7.4.2 The Investor-owned Utilities, 40.6052 percent (approximately 609/1500) ; 7.4.3 The Southern California Public Agencies, 7.5168 percent (approximately 3/1500); 7.4.4 The CDWR, 6.4444 percent (approximately 97/1500); 7.4.5 South San Joaquin, 2.200 percent (approximately 33/1500) ; 14 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 7 7.4.6 Trinity, .3333 percent (approximately 5/1500); 7.4.7 Shasta, .4667 percent (approximately 7/1500) 7.4.8 San Juan, .0667 percent (approximately 1/1500); 7.4.9 El Dorado, .2000 percent (approximately 3/1500) 7.4.10 Carmichael, .0667 percent (approximately 1/1500). The Participants recognize that the Facilities to be owned by Western shall Be determined in accordance with the Provisions of the MOU, approved by the Secretary of Energy by the MOD, which MOD was clarified by the May 4, 1985 letter from the Acting General Counsel of the Department of Energy. Further negotiation of the particulars of the ownership of facilities by Western will be required as engineering of the Project progresses." RIGHTS OF THE CALIFORNIA DEPARTMENT OF WATER RESOURCES 7.1 The following is substituted for and replaces Section 8.1 of the MOU: 118.1 Effective January 1, 2005, CDWR will have a right to buy pro rata from all 15 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 current Participants, except Western, 6.25 percent, as such percentage is adjusted downward to accommodate the allocation to Additional Participants, 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 Current Participant and CDWR, COWR shall pay each selling Current Participant the original construction cost (including the original construction cost associated with 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 Current Participant is selling to CDWR. Within one year after the Project is energized, each Current Participant shall provide CDWR with a statement of the original construction cost (including the In 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 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 current 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 Current Participant shall provide COWR with a statement of construction costs incurred for such capital improvements, or betterments (including the original construction cost of capital improvements and betterments associated with Western's entitlement) including interest incurred during construction with respect to its share, so that CDWR can determine the cost it shall be obligated to pay such current Participant if it exercises its rights under this Section 8.1" 17 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 8 PROJECT DEVELOPMENT AGREEMENT --PROJECT OWNERSHIP, ENTITLEMENT TO TRANSFER CAPABILITY OF THE PROJECT AND PROJECT FINANCING RESPONSIBILITY 8.1 The following is substituted for and replaces Appendix F of the PDA: "Appendix F Project Ownership and Entitlements (Expressed in Percentages) Entitlement to Transfer Capability Ownership of the Project/ Interest'/ TANG 42.2916 45.1110 PG&E 20.3918 21.7513 SDG&E 2.8549 3.0452 SCE 17.5370 13.7061 Anaheim 3.0198 3.2212 Azusa 0.3020 0.3221 Banning 0.1510 0.1611 Colton 0.3020 0.3221 Riverside 2.0762 2.2146 Vernon 1.6987 1.8119 Formatted: Portuguese (Brazil) Western 6.2500 0.0000 South San Joaquin 2.0625 2.2000 ,Trinity 0.3125 0.3333 Formatted: Spanish (Spain) Shasta 0.4375 0.4667 18 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 San Juan 0.0625 0.0667 El Dorado 0.1875 0.2000 Carmichael 0.0625 0.0667 100.0000 100.0000 1/ Between California -Oregon border area and Tesla Substation 2/ Excluding facilities owned by Western" 8.2 The following is substituted for and replaces Section 5.1 of the PDA: "5.1 Unless the following percentages are otherwise modified in accordance with Section 5.4 each Participant shall be responsible for paying its share of the costs of Project Development Work in the following Cost Sharing Percentages: IANC 45.1110 Anaheim 3.2212 Azusa 0.3221 Banning 0.16 Colton 0.3221 Riverside 2.2146 Vernon 1.8119 PG&E 21.7513 SCE 18.7061 SDG&E 3.0452 Western 0.0000 South San Joaquin 2.2000 IN 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Trinity 0.3333 Shasta 0.4667 San Juan 0.0667 El Dorado 0.2000 Carmichael 0.0667 100.00001, 9. CHANGES IN OWNERSHIP, PARTICIPATION SHARE, AND FINANCING RESPONSIBILITY 9.1 Sections 4, S, 6, 7, and 8 of this MOU Annex shall whenever necessary be modified by restating percentages to conform to changes in Project Participation Share, Project ownership and Project Financing Responsibility, as these terms are used in the MOU, in accordance with the provisions of the PDA or other agreements among the Participants which provide for such changes. 9.2 Each Participant may assign its rights and obligations in the Project in accordance with Section 17 of the PDA and any applicable provision of the Participation Agreement contemplated in Sections 2.4 and 11.4 of the PDA, including the layoff of Project transfer capability rights in accordance with Section 10.4 of the MOU. 10. REIMBURSEMENT OF CURRENT PARTICIPANTS 10.1 Not later than ten (10) days after the effective date of this MON Annex, each Additional 20 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Participant shall reimburse each Current Participant, except CDWR, for its share of a payments made and due and payable to the Project Manager by each Current Participant as of the effective date of this MOU Annex for Project Development Work in accordance with the Interim Cost Sharing Agreement and the Project Development Agreement plus interest in accordance with Section 10.3 below. 10.2 Each Additional Participant's share of such costs shall be that amount that each Additional Participant would have paid to the Project Manager for Project development work had that Additional Participant been an original signator to the MOD and paid all amounts due and payable under the Interim Cost Sharing Agreement and the Project Development Agreement, based upon its financing responsibility percentage. 10.3 The amount to be reimbursed by each Additional Participant to each Current Participant in accordance with this Section 10, shall include an interest charge assessed at an annual rate of interest, compounded monthly, equal to the lesser of (a) the applicable first of the month reference rate, or successor, of the Bank of America N.T. & S.A., San Francisco, California, corresponding to the period for which reimbursement is made; or (b) the maximum interest rate permitted by law. Such pff 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 interest shall be charged against the amount to be reimbursed from the time the Current Participant made its original payment to the time such reimbursement is paid by the Additional Participant. 10.4 No later than the effective date of this Agreement, the Project Manager shall compute the amount of funds to be reimbursed by each Additional Participant in accordance with the provisions of this Section 10 and shall provide the results of this computation to each Current Participant and each Additional Participant. The Project Manager shall issue a cash call to the Additional Participants on behalf of the Current Participants to whom reimbursements are to be made and shall collect and disburse those funds collected in accordance with this Section 10. In no case shall the Project Manager, acting in its capacity as such, be responsible on behalf of an Additional Participant for any reimbursement owed to any Current Participant in accordance with this Section 10. 11. CONSTRUCTIVE WITHDRAWAL 11.1 Should any Additional Participant fail to duly sign this MOU Annex within ten (10) days after its effective date, fail to reimburse Current Participants in accordance with Section 10, or W, 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 fail to meet any condition imposed by Western in its stated allocation criteria (SO Fed. Reg. 31912) within the period established by Western, that Additional Participant shall be deemed to have withdrawn from the Project and that Additional Participant's Share, as defined in the PDA, shall be revoked and placed in an allocation pool for reallocation to the other Additional Participants or the Current Participants (except Western) in a manner consistent with Western'& stated criteria (SO Fed. Reg. 31912). Should any portion of that additional Participant's allocation not be reallocated to the other Additional Participants, such unallocated portion shall revert to the Current Participants and shall be made available to each of them in a manner consistent with Section 13 of the PDA or appropriate provisional of the Participation Agreement, whichever is applicable. Any right to reimbursement for funds paid toward the development and operation of the Project shall be as defined in the PDA or Participation Agreement, as applicable. 11.2 The following is substituted for and replaces Section 13.4 of the PDA: "13.4 If the amount of the withdrawing Participant's Share voluntarily assumed by the non -withdrawing Participants is 23 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 less than 100 percent of the withdrawing Participant's Share, each non -withdrawing Participant shall assume its respective portion of the balance of the withdrawing Participant's Share, in an amount proportionate to that which its Cost Sharing Percentage bears to the total Cost Sharing Percentages of non -withdrawing Participants identified in Section 5.1, provided that no Participant shall be obligated in total for more that 1.15 times its Cost Sharing Percentage as of the effective date of this Agreement. A Nonutility Participant shall not be obligated to assume any portion of the withdrawing Participant's Share." 11.3 The following is added as a new Section 13.12 to the PDA: "13.12 If an Additional Participant withdraws from the Project in accordance with Section 13, or is found in default in accordance with Section 20, then such Additional Participant's allocation shall be revoked and be made available to the non -withdrawing 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Participants (except Western) on a pro rata basis. 12. ASSIGNMENT 12. The following is substituted for and replaces Section 17.1 of the PDA: "17.1 A Participant may assign or transfer any right or interest in this Agreement, in whole or in part, only after obtaining the written consent of the other Participants, which consent shall not be unreasonably withheld; provided that a Participant may withhold consent to any proposed assignment or transfer either (1) to an entity or association which is not CDWR, Western, or a public electric utility regulated under applicable state law or the Federal Power Act or exempted from such regulation by reason of being a public entity, or (2) to an entity or association which does not have public utility responsibilities with regard to serving electric power to customers. A Participant shall not withhold consent to any assignment or transfer between Participants allocated Project transfer capability by Western 25 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 as set forth in 50 Fed. Reg. 42769 (1985) solely because that entity is a Nonutility Participant, provided that such assignment or transfer concerns part or all of the 3.125 percent of Project transfer capability allocated by Western and interests attendant thereto, and no other interest in the Project. Consent to a proposed assignment to a joint powers agency which is a Participant shall not be withheld solely because that entity is a joint powers agency. No Participant shall bring, initiate or amend, directly or indirectly including by means of cross-complaint or other affirmative allegation, an action or proceeding before a court or an administrative agency against another Participant to contest the withholding of consent by such Participant in accordance with clauses (1) or (2) of this Section 17.1 or the reasons therefor or the validity of this Section 17.1, other than a dispute regarding the factual application of such clauses. The withholding of consent by a Participant in accordance M 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 with clauses (1) or (2) of this Section 17.1 shall not indicate approval or disapproval by any other Participant of such withholding." 13. OPINIONS OF COUNSEL The following is substituted for and replaces Section 11.3 of the MOU: `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 bound by the terms and conditions thereof. In the case of the Agency, each major member agency thereof shall furnish such Opinion of Counsel. In the case of an Additional Participant that is a joint powers agency, the individual member agencies of that joint powers agency shall not be obligated to provide such Opinions of Counsel but the joint powers agency 27 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 itself shall provide such Opinion of Counsel of behalf of the agency." 14. SIGNATURE CLAUSE The signatories of this MOD Annex represent they have been appropriately authorized to enter into this HOU Annex on behalf of the entity for whom they sign. This MOU Annex may be executed in counterparts. CITY OF ANAHEIM By: Name: Title: Date: CITY OF AZUSA By: Name: Title: Date: CITY OF BANNING By: Name: Title: Date: 28 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 itself shall provide such Opinion of Counsel of behalf of the agency." 14 SIGNATURE CLAUSE The signatories of this MOD Annex represent they have been appropriately authorized to enter into this HOU Annex on behalf of the entity for whom they sign. This MOU Annex may be executed in counterparts. CITY OF ANAHEIM By: Name: Title: Date: CITY OF AZUSA By: Name: Title: Date: CITY OF BANNING By: Name: Title: Date: 29 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 itself shall provide such Opinion of Counsel of behalf of the agency." 14 SIGNATURE CLAUSE The signatories of this MOD Annex represent they have been appropriately authorized to enter into this HOU Annex on behalf of the entity for whom they sign. This MOU Annex may be executed in counterparts. CITY OF ANAHEIM By: Name: Title: Date: CITY OF AZUSA By: Name: Title: Date: CITY OF BANNING By: Name: Title: Date: 30 1 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: 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 27 Agreement {PDA), CDWR's approval of this OU Annex is not intended to express either approval or disapproval of 28 Sections 8, 11.2, 11.3 and 12, which do nothing other than amend certain sections of the PDA. 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 CALIFORNIA DEPARTMENT OF WATER RESOURCES By: Name: Title: Date: CARMICHAEL WATER DISTRICT By: Name: Title: Date: CITY OF COLTON By: Name: Title: Date: EL DORADO HILLS COMMUNITY SERVICES DISTRICT By: Name: Title: Date: 32 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 CALIFORNIA DEPARTMENT OF WATER RESOURCES By: Name: Title: Date: CARMICHAEL WATER DISTRICT By: Name: Title: Date: CITY OF COLTON By: Name: Title: Date: EL DORADO HILLS COMMUNITY SERVICES DISTRICT By: Name: Title: Date: 33 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 CALIFORNIA DEPARTMENT OF WATER RESOURCES By: Name: Title: Date: CARMICHAEL WATER DISTRICT By: Name: Title: Date: CITY OF COLTON By: Name: Title: Date: EL DORADO HILLS COMMUNITY SERVICES DISTRICT By: Name: Title: Date: 34 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 DWP No. 10259A As a party to the MOU but which is not a party to any other Project Agreement, the Los Angeles Department of Water and Power (LADWP) regards Sections 8, 9.2, 10, 11 and 12 of the MOU Annex, as having no involvement with LADWP. LADWP further considers Section 3 of the MOU Annex as being the only section of this Agreement which involves LADWP's interests in the amended MOU, which interests are limited to those expressed in Section 4.1 and 4.4 of the MOU. DEPARTMENT OF WATER AND POWER OF THE CITY OF LOS ANGELES by BOARD OF WATER AND POWER COMMISSIONE OF THE CITY OF LOS ANGELES By and 35 Secretary 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 LOS ANGELES DEPARTMENT OF WATER AND POWER By: Name: Title: Date: PACIFIC GAS AND ELECTRIC COMPANY By: Name: Title: Date: CITY OF RIVERSIDE By: Name: Title: Date: SAN DIEGO GAS & ELECTRIC COMPANY By: Name: Title: Date: 36 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 LOS ANGELES DEPARTMENT OF WATER AND POWER By: Name: Title: Date: PACIFIC GAS AND ELECTRIC COMPANY By: Name: Title: Date: CITY OF RIVERSIDE By: Name: Title: Date: SAN DIEGO GAS & ELECTRIC COMPANY By: Name: Title: Date: 37 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 LOS ANGELES DEPARTMENT OF WATER AND POWER By: Name: Title: Date: PACIFIC GAS AND ELECTRIC COMPANY By: Name: Title: Date: CITY OF RIVERSIDE By: Name: Title: Date: SAN DIEGO GAS & ELECTRIC COMPANY By: Name: Title: Date: 38 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 SAN JUAN SUBURBAN WATER DISTRICT By: Name: Title: Date: SHASTA DAM AREA PUBLIC UTILITY DISTRICT By: Name: Title: Date: SOUTHERN CALIFORNIA EDISON By: Name: Title: Date: SOUTHERN SAN JOAQUIN VALLEY POWER AUTHORITY By: Name: Title: Date: 39 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 SAN JUAN SUBURBAN WATER DISTRICT By: Name: Title: Date: SHASTA DAM AREA PUBLIC UTILITY DISTRICT By: Name: Title: Date: SOUTHERN CALIFORNIA EDISON By: Name: Title: Date: SOUTHERN SAN JOAQUIN VALLEY POWER AUTHORITY By: Name: Title: Date: 40 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 SAN JUAN SUBURBAN WATER DISTRICT By: Name: Title: Date: SHASTA DAM AREA PUBLIC UTILITY DISTRICT By: Name: Title: Date: SOUTHERN CALIFORNIA EDISON By: Name: Title: Date: SOUTHERN SAN JOAQUIN VALLEY POWER AUTHORITY By: Name: Title: Date: 41 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 SAN JUAN SUBURBAN WATER DISTRICT By: Name: Title: Date: SHASTA DAM AREA PUBLIC UTILITY DISTRICT By: Name: Title: Date: SOUTHERN CALIFORNIA EDISON By: Name: Title: Date: SOUTHERN SAN JOAQUIN VALLEY POWER AUTHORITY By: Name: Title: Date: 42 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 TRANSMISSION AGENCY OF NORTHERN CALIFORNIA By: Name: Title: Date: TRINITY COUNTY PUBLIC UTILITY DISTRICT By: Name: Title: Date: CITY OF VERNON By: Name: Title: Date: WESTERN AREA POWER ADMINISTRATION By: Name: Title: Date: 43 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 TRANSMISSION AGENCY OF NORTHERN CALIFORNIA By: Name: Title: Date: TRINITY COUNTY PUBLIC UTILITY DISTRICT By: Name: Title: Date: CITY OF VERNON By: Name: Title: Date: WESTERN AREA POWER ADMINISTRATION By: Name: Title: Date: 44 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 TRANSMISSION AGENCY OF NORTHERN CALIFORNIA By: Name: Title: Date: TRINITY COUNTY PUBLIC UTILITY DISTRICT By: Name: Title: Date: CITY OF VERNON By: Name: Title: Date: WESTERN AREA POWER ADMINISTRATION By: Name: Title: Date: 45 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 TRANSMISSION AGENCY OF NORTHERN CALIFORNIA By: Name: Title: Date: TRINITY COUNTY PUBLIC UTILITY DISTRICT By: Name: Title: Date: CITY OF VERNON By: Name: Title: Date: WESTERN AREA POWER ADMINISTRATION By: Name: Title: Date: 46 47 New(Entittement and ScheduLing), 12-9, i��2 -3 1 4� 7 2-51-51-11110, L W H-4 27ANC Member Palo Aho4-1�-::() IVIW, -L-1--'--Ea - — - ----- — Percentage, flumas—S 0--00001"k M -W E.mider-n-ent (North u,SouiU, ,(,NL SMUD 37 8(r,14�1111 SK2140 558 NUD 23.0546`1„ 347.1014 341 T11) 17.1458"<, 258.1407 253 S S anka Clam 1) S 101) )47,7077 Reddimr ;L94-0 _5CHI 10,039M", 15 1, 15 5 148 Roscvi-110 3 -,r322-4i— 4-1"32 ------ --yMarneda .(000'41 " - ----------- -- - ------ '0000-, C-1 Formatted Formatted Formatted Formatted Table Formatted Formatted Formatted Formatted Formatted Formatted Formatted Formatted Formatted Formatted ----------- Formatted Formatted Deleted Cells Formatted Formatted Formatted Formatted Formatted Formatted Formatted Table Formatted Formatted Deleted Cells Formatted Formatted Formatted Formatted Formatted Formatted ............ 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I �tV 1,700 1€6fi.84fll00% C-1 }r +I:)->�-1 2-V ---------- po&-J-4J -y In a o1 1 en 4� ed 4 tIFb e- L-, 1 -j - Yx - ire .......ee-2--il-imyl---- f-, on H-- e-cl --- e-li .... n 'i -1-11 --e -a-4 i-s—o-e + - Jrl ncd a rte —44r C-1 p n 11 ix - C (lit'rent S to N TAM ';'vicri-iber �Yjcmber MW MW Schcduhm-, ------ -7 Lqalccnct t f c,tari, LZiEkts Member llcrcclM'-IL—I(� to No] th) (5wwh to, North) SMUD 37.80741% 4W.17 40100 WD 23,0546"/1, 250 12 -1,113 1 186M 1 182-00 Santa Clara 9.8108"III 1(R04 05.00 10,0398"i, 108.92 10"LOO 'Roseville 2.141 23.23 23A(1 Alameda OMOOW", Lodi OMOCO"I'l Lompoc Palo Alto 00001 Plumas 0.0000t 11 00001 I 00A0001y" ilil-Ls—'EL)b j_Q_64 C OTP aMc Int P_arfi nt MW MW sched LIL�g 1-nfillement (South Flights kcipants P 'a r� to-Nonh) LSQW11 to North) J- A IN C MJ625`4, 1.084.8906 Westlern, 437 W", 1148438 PG&E, 2.002`i"',') 25.2056 25 I O(M)OW11/11 1,225MO11O 1,225 C-2 A) MernberPorcenragos before lay-off, puichase ofwater distiicts chores, and City of Reddkig rnoving shales oft OFP outside ofTA.NC Int oIANC. B) Mei­nber Percentages after lay- off, purchase of water districts shaws, ind City of Redding moving shares of COTP out ode of TAMC; into fANC. C) 2014 lay-off agreement TANC resolution 14-03 D) 2009 lay-oftagreerneM TANG Resotuhon 09 Ol El Includes theIANCANAPA loyoffaggreen)ent E'.)1acludes the C4 C-3 N M Formatted: Font: 10 pt Formatted: Body Text, Line spacing: Multiple 0.06 li •Aploo1dix C 2 A B C C D E ......................... PA -1; Mcnibef %IV, %1W Sckeduling Meinbci MXV Ati NCP'� I'a , vofl' SVP Layofi' Palo Allo LjYoff Pewenlago ITCOMM-, C Pre Pebre icenlag, Currcw Ln6ficnimt Rigins 1�111iflellwffl �Y'wh Men Ili perccmlagcs flcr' ewagc' Pcrconlog'cs onchislorl Of, SM( 1) 637°G, 3'.M4 1 '491 1.6139% 185 7602 393 "909511 UID 'I 0�46,1, 0,4901t,, 1 3081W111 0473"0 20,8419°o 11 307 _"0.1114 ID 12 1 6339"„� 12,2736', 181,7872 P9 H!, [S•4 Saw, () M281 _20^3479 210,03M IoLd,fii� " 4 I I IYIIII 10 ("01)(IM" 0 QW)VI 0.0000'/_0_ 100398'I, 15 3I 15+5 148 1089208 R [I,, H I W 0)(100111111 0 0000`., 0,0000`,_, 2 141611 32-'431 VI1"1 1 X2711, 0000'0 (1000)%_ 0 Wyl(vl 1 1 2 18-6; 1' P i ,8 ljt ,)Msh'nn' O2 0'0000111 -02411,(,,o 0 0000' " OW00"', 0,24'w0 3 (,9'79 4 2,0648 )d, I T'(W!" 000O) 1'201% 0(1000!"1 0000(" 1`0201',, 24904 .10 9 1 0 T "), nrloc 0 186511, 0_0 (1(}, G 14,15°4, 0 (100011111 0 00()(Y_ 8651'11 1'80 9 1 02 doAho 681 0:0(1110¢ 0000", 006)60 3 W 1 081 393),102 0-1 7 91111 0 OOOW" 0 1 00OW 0 0001(n 0 1 2 226 1 0016 k,,d, 0 94�6"' 0,0000", 019, 5 00000;'7-u 000011" o 19-4`'-o _42.89 2,1101 iat-O i hXt Ll� T) j —Olf­OMMP,�a !LT LOTLI, LIII Elft'—','i !L(L� L011",.'2 WO'NOWY11 RAJ %25 W77 1,084,8906 A) MernberPorcenragos before lay-off, puichase ofwater distiicts chores, and City of Reddkig rnoving shales oft OFP outside ofTA.NC Int oIANC. B) Mei­nber Percentages after lay- off, purchase of water districts shaws, ind City of Redding moving shares of COTP out ode of TAMC; into fANC. C) 2014 lay-off agreement TANC resolution 14-03 D) 2009 lay-oftagreerneM TANG Resotuhon 09 Ol El Includes theIANCANAPA loyoffaggreen)ent E'.)1acludes the C4 C-3 N M Formatted: Font: 10 pt Formatted: Body Text, Line spacing: Multiple 0.06 li 1 APPENDIX D 3 AND CURTAILMENT NOTIFICATION PROCEDURES 4 5 1. OPERATING AGENT INTERFACES: 6 1.1 Through the TANC Coordinator, TANC shall notify 7 the Operating Agent relative to the amounts of 8 Transfer Capability that TANC will be using, as 9 required by the Intertie Agreements. 10 1.2 It is anticipated that the Operating Agent will 11 notify TANC through the 'TANC Coordinator when a 12 curtailment affecting Transfer capability is 13 scheduled or has occurred, as provided in the 14 Intertie Agreements. 15 1.3 It is anticipated that the Operating Agent will 16 notify Members or their designated agents 17 directly of a real-time curtailment of Transfer 18 Capability. Each Member or its designated agent 19 will be responsible for communicating and 20 coordinating real-time power schedule 21 curtailments and all changes in schedules due to 22 curtailments occurring in real-time pursuant to 23 its separate agreements with other entities. 24 25 2. TANC TPANSFR CAPABILITY PRESCHEDULING PROCEDURES 26 Transfer Capability will be prescheduled over four 27 different time frames - long term (6 years), next operating 28 year, next operating month, and current operating month. 29 2.1 Long Term and Next Operating Year 30 2.1.1 Each year, each Member shall prepare the ME 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2.1.2 2.1.3 2.1.4 following estimated data pertaining to its use of Transfer Capability for each month of the following six-year period: 2.1.1.1 Member's Participation Percentage; 2.1.1.2 Contracted Transfer Capability Layoffs to Members and Participants; 2.1.1.3 Contracted Transfer Capability Layoffs from TAMC and Participants; 2.1.1.4 Amount of Transfer Capability Available for sale; and 2.1.1.5 Amounts of additional Transfer Capability desired. This data will be submitted to the IANC Coordinator by July 31 of each year. The IANC Coordinator shall determine the amounts of Transfer Capability owned by other Participants that is unneeded by each of those Participants (if available} and that could be used by TANG. The data will be compiled by the TANC Coordinator into a document that defines projected use of the Project by each Memb and on an aggregate IANC basis, for each month of the six year period. The documen will also quantify instances where a Memb NN 1 may want additional Transfer Capability, 2 where a Member may have Transfer 3 Capability that it is not planning to 4 use, and where other Participants have 5 unneeded Transfer Capability. 6 2.1.5 The TAMC Coordinator shall send this 7 document to the Members by August 31 so 8 that they will have data on projected 9 aggregate usage and can identify 10 potential periods when Transfer 11 Capability can be bought and sold among 12 the Members. 13 2.1.6 Those Members who have made buy/sell 14 arrangements for Transfer Capability 15 will notify the IANC Coordinator of 16 these arrangements and of their 17 effective time frames by September 30. 18 2.1.7 This new data will be utilized by the 19 IANC Coordinator to prepare a revised 20 document that defines the projected use 21 of the Project by Member, and on an 22 aggregate TANG basis, for each month of 23 the six year period. The document will 24 also quantify any amounts of unneeded 25 Transfer Capability and instances where 26 additional Transfer Capability could be 27 utilized by IANC or by a Member. 28 2.1.8 If the revised document demonstrates 29 unneeded capacity or needs for additional ME 1 Transfer Capability, it will be 2 resubmitted to the Members by October 3 31 so that they are aware of potential 4 additional buy/sell opportunities. 5 2.1.9 Those Members making additional 6 buy/sell arrangements will notify the 7 TANC Coordinator of those additional 8 arrangements and their effective time 9 frames by November 30. 10 2.1.10 This updated data will be utilized by 11 the TANC Coordinator to prepare a 12 revised document that defines the 13 projected use of the Project by each 14 Member and on an aggregate TANC basis 15 for each month of the six year period. 16 The document will also quantify any 17 amounts of unneeded Transfer Capability 18 that was not required by TANC and 19 instances where additional Transfer 20 Capability could be utilized by TANC. 21 2.2 Next Operating Month 22 2.2.1 Each month, each Member or its 23 designated agent shall prepare the 24 following estimated hourly data for 25 each of three day -types (weekday, 26 Saturday, and Sunday/ Holiday) 27 pertaining to its use of the Project 28 for the next operating month: 29 2.2.1.1 Member's Participation 30 Percentage; MI 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 2.2.2 2.2.3 2.2.4 2.2.5 2.2.1.2 Contracted Transfer Capability layoffs to Members and Participants; 2.2.1.3 Contracted Transfer Capability layoffs from Members and other Participants; 2.2.1.4 Amount of Transfer Capability available for sale; and 2.2.1.5 Amounts of additional Transfer Capability desired. This data will be submitted to the TANC Coordinator by the 20th of the month preceding the operating month in question. The TANC Coordinator shall determine the amounts of Transfer Capability owned by other Participants that is unneeded by those Participants (if available) and which could be used by TANC. The data will be compiled by the TANC Coordinator into a document that defines the projected use of the Project by Member, and on an aggregate TANC basis, for each hour of the three day -types specified above. To the extent possible the document will also identify potential layoff opportunities among the Members or between TANC and other Participants. This document will be sent to the TANC ME 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 2.2.6 2.2.7 Members by the 21st of the month prece the operating month so that they will data on projected aggregate usage and identify potential periods when Transf Capability can be bought and sold amon the Members and between TANC and other Participants. Those Members who have made buy/sell arrangements for Transfer Capability w notify the TANC Coordinator of these arrangements and of their effective ti frames by the 2.4th of the month prece the operating month. This new data will be utilized by the Coordinator to prepare a revised docum that defines the projected use of the Project by Member, and on an aggregate TANC basis, for each hour of the three day -types specified above and such dat will be made available to the Members. document will also quantify any amount unneeded Transfer Capability and perio of time when additional Transfer Capability could be utilized by TANC o Member. If any of the foregoing dates falls on weekend or holiday, the submittal steal be made by the work day immediately preceding the weekend or holiday. ME I 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 9 2.3 Current Oneratina Month 2.3.1 Data for the current operating month will be contained on a dedicated computerized "bulletin board" that will specify Member use, and to the extent available Participant use, of Transfer capability on an hourly basis for the month. This data will be the same as that prepared for the "Next Operating Month" as described in Section 2.2 above. 2.3.2 Using the data on the bulletin board the Members or their designated agents may make Transfer Capability buy/seil arrangements among themselves and will notify the TANC Coordinator of any change required to the bulletin board as soon as practicable after making such change. TANC CURTAILMENT NOTIFICATION PROCEDURES 3.1 Curtailment Notification Procedure (Prescheduled) - The TANC Coordinator shall promptly notify the Members upon receipt of notice from the Operating Agent of any scheduled curtailment of Transfer Capability. The TANC Coordinator may advise the Members of adjustments to Transfer Capability that could be made to minimize the effects of the curtailment on the Members. The steps in this procedure are as follows: 3.1.1 The Operating Agent notifies the TANC 9M 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 3.2 Coordinator that a curtailment will occur and the magnitude of the curtailment. 3.1.2 The TANC Coordinator will update the bulletin board to reflect each Member's remaining share of Transfer Capability. 3.1.3 The TANC Coordinator will notify each Member or its designated agent of its share of the curtailment and may suggest certain actions (e.g., trading Transfer Capability) that could be used to minimize curtailment impacts. 3.1.4 In each event of a prescheduled curtailment where TANC still has sufficient Transfer Capability for the aggregate power —schedules of the Members, by mutual agreement a Member may utilize another Member's unused share of Transfer Capability in order to avoid a curtailment. Curtailment Notification Procedure (Real -Time) - The Members anticipate that (i) the Operating Agent will notify the TANC Coordinator of real-time curtailments to Transfer Capability, (ii) the TANC Coordinator will communicate and coordinate real- time curtailments to Transfer capability with the Members; and (iii) the Operating Agent will also notify Members or their designated agents directly of a real-time curtailment of Transfer Capability. Each Member or its designated agent will be responsible for communicating and ME 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 coordinating real-time power schedule curtailments and all changes in schedules due to curtailments occurring in real-time pursuant to its separate agreements with other entities. The IANC Coordinator shall maintain the bulletin board, based on information received from the Operating Agent on a real-time basis. It is the intent of the Members to share the use of Transfer Capability in order to avoid curtailments to the extent possible without jeopardizing service to their own customers. 3.2.1 Using the data on the bulletin board, the Members may make Transfer Capability buy/sell arrangements among themselves and will make appropriate arrangements relative to changes in the amount of reserved transmission capacity and the corresponding power schedule changes pursuant to their separate agreements with other entities. 3.2.2 The Members will notify the IANC Coordinator of any changes in the amount of Transfer Capability they have reserved. The TAMC Coordinator will update the data on the bulletin board. ME I pi 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 10 11 12 13 14 15 m AMENDMENT NO. 1 PROJECT AGREEMENT NO. 3 BETWEEN AND AMONG AND ITS MEMBERS This Amendment No. 1 to Project Agreement No. 3 ("Agreement") by and among the Transmission Agency of Northern California, hereinafter referred to as "IANC," and its Members the Cities of Alameda, Healdsburg, Lodi, Lompoc, Palo Alto, Redding, Roseville, Santa Clara, and Ukiah; the Sacramento Municipal Utility District; the Modesto Irrigation District; the Turlock Irrigation District; and the Plumas- Sierra Rural Electric Cooperative, hereinafter referred to as "Members," is hereby made and entered into as of ("Amendment Effective Date"), based upon the following: RECITALS 2026 WHEREAS, IANC and its Members desire to modify certain provisions of the Agreement as provided herein; WHEREAS, TAMC and its Members seek to clarify that changes to Transfer Capability may be made without formally amending the Agreement. NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, IANC and its Members agree as follows: 41 z10 41 z 1. The Table of Contents is revised to delete "Participation Percentages" and replace it with "Participation Percentages (N -S)" as Appendix C. 2. The Table of Contents is revised to add as Appendix C-1 "Participation Percentages (S -N)", following Appendix C: Participation Percentages (N -S). 3. The Table of Contents is revised to add as Appendix C-2 "Return of Layoff Percentages", following Appendix C-1: Participation Percentages (S -N). 4. The definition of "Betterment" in Section 1.4 of the Agreement is revised by deleting the phrase "or sixteen hundred (1600) megawatts, whichever is less". 5. The definition of "Executive Committee" in Section 1.8 of the Agreement is deleted in its entirety and replaced with "[Intentionally omitted]". 6. The definition of "Fiscal Year" in Section 1.9 of the Agreement is revised by deleting "September" and replacing it with "June". 7. Section 1.22 of the Agreement is revised to add "and Appendix C-1" after "Appendix C". 8. Section 1.30 of the Agreement is revised by deleting "Section 15060" and replacing it with "Part 101, Definition 34". 9. Section 2.3.1 of the Agreement is revised to add "and Appendix C-1" after "Appendix C". 10.Section 2.3.2 of the Agreement is deleted in its entirety and replaced with the following: "In the event that TANC's entitlement to Transfer Capability changes, the Members' Participation Percentages will be unchanged except as provided in this Agreement. Changes to Members' Participation Percentages shall be permitted without an amendment to this Agreement as follows: 2.3.2.1 All revisions of Participation Percentages pursuant to this Section 2.3.2 shall require an affirmative vote of the Commission using the voting procedures provided in the Joint Powers Agreement. 2.3.2.2 Members shall be permitted to revise their Participation Percentages if one or more Members agree to accept an offsetting change in Participation 2 Percentage. All Members whose Participation Percentage change must consent to the change in writing. 2.3.2.3 Members shall be permitted to acquire Transfer Capability from outside of IANC and transfer that capability to IANC, without amendment to this Agreement subject to an affirmative vote of the Commission using the voting procedures provided in the Joint Powers Agreement and written consent of the Members acquiring the Transfer Capability. Participation Percentages of all Members shall be changed so that the Member acquiring the Transfer Capability retains its existing Transfer Capability and obtains the additional Transfer Capability it has acquired, and is subject to, all the rights and obligations associated with the transfer. 2.3.2.4 Participation Percentage revisions shall (a) be recorded with an administrative amendment to Appendix C and Appendix C-1; and (b) result in the aggregate Participation Percentages of the Members of one hundred (100) percent." 11. Section 2.3.3 of the Agreement is revised by deleting "Column D" and replacing it with "or Appendix C-1". 12. Section 3.1 of the Agreement is revised by deleting "its Executive Committee or". 13. Section 4.1.1 of the Agreement is revised by deleting "the California Department of Water Resources,". 14. Section 5.3 of the Agreement is revised by adding an internal cross-reference to "Section 2.3.2 and" before "Section 8.3". 15. Section 7.4 of the Agreement is revised by deleting ", Column E" and replacing it with "and Appendix C-1". 16. Section 12.1 of the Agreement is revised by deleting "telephone or in writing within twenty-four (24 hour}" and replacing it with "telephone, in writing, or by electronic media within twenty-four (24) hours" both times this language is used. 17. Section 16.1 of the Agreement is revised by adding an internal cross-reference to Section "2.3.2," after "Sections". I 18. Section 19 of the Agreement is revised to add "C-1, C-2," between "Appendices A, B, C," and "D, and E attached ................. .. M 19. Appendix C of the Agreement is deleted and replaced with the following table of the Current North to South Participation Percentages: New (Entitlement and Scheduling) TANC Member Member MW MW Scheduling MW Scheduling Member Percentage Entitlement Rights Rights % (North to South) (North to South) (North to South) SMUD 37.8074% 569.2140 558 37.7793% MID 23.0546% 347.1014 341 23.0873% TO 17.1458% 258.1407 253 17.1293% Santa Clara 9.8108% 147.7077 145 9.8172% Redding 10.0398% 151.1555 148 10.0203% Roseville 2.1416% 32.2431 32 2.1666% Alameda 0.0000% - - 0.0000% Healdsburg 0.0000% - - 0.0000% Lodi 0.0000% - - 0.0000% Lompoc 0.0000% - - 0.0000% Palo Alto 0.0000% - - 0.0000% Plumas 0.0000% - - 0.0000% Ukiah 0.0000% - - 0.0000% Total 100.0000% 1,505.5625 1,477 100.0000% Scheduling Rights include the 29MW layoff to WAPA COTP Participant Participant MW MW Scheduling MW Scheduling Participants Percentage Entitlement Rights Rights /o (North to South) (North to South) (North to South) TANC 88.5625% 1,505.5625 1,477 86.8824% Western 9.3750% 159.3750 188 11.0588% PG&E 2.0625% 35.0625 35 2.0588% Total 100.0000% 1,700.0000 1,700 100.0000% 20. Appendix C-1 is added to the Agreement to include the following table of the Current South to North Participation Percentages: TANC Member Member MW MW Scheduling Member Percentage Entitlement Rights (South to North) (South to North) 61 SMUD MID TO Santa Clara Redding Roseville Alameda Healdsburg Lodi Lompoc Palo Alto Plumas Ukiah Total COTP Participants TANC Western PG&E 37.8074% 23.0546% 17.1458% 9.8108% 10.0398% 2.1416% 0.0000% 0.0000% 0.0000% 0.0000% 0.0000% 0.0000% 0.0000% 100.0000% Participant Percentage 88.5625% 9.3750% 2.0625% 100.0000% 410.17 250.12 186.01 106.44 108.92 23.23 1,084.8906 Participant MW Entitlement (South to North) 1,084.8906 114.8438 25.2656 1,225.0000 402.00 245.00 182.00 105.00 107.00 23.00 1,064 MW Scheduling Rights (South to North) 1,064 136 1,225 21. Appendix C-2 is added to the Agreement to include the following table to document the Return of Layoff Percentages: 22. Appendix E (Billing Addresses of the Parties) of the Agreement I B C C_ D E E TAN�A-3 : PA -3 k �,h-3 Me[e�ts' agt ti �cevagg W Fm=V � MW VA Sc4t�3[Vtrag..: M b9 MVV WN :�[itea3wrlg. ernb p�,��tfNe 11a+,, Re.lPA ifi@'&': FLIVE F�T,ceRL3�?5 P&T�^,.i5e6 G[llEfG;l �C Yn 6d1yPrffi Faz k32f' fi .: RN Yt&. .apv't C rreett � � Na M Wr ,) asa b Nb hi is m M,^ n ;.app SRfi.Tk 3?"i: a7.% :.l4� a le f;a3 ;:@ EtsGRt.: 4n7w. ;U•:: M14 2. M, :3: i. 13254P,, U4902a t309911 2437% wTtrw.2% '5:37372. .1r MAIN f,1, To 11?353;k. 1714S9a la3Sti54,3�m9€%. 9'.MWK UM11%, L-4.7 T:: M : IK, LEN 1:1 :S.'k. a .via' % 9. fi X?k:'� .. 3MI47i... 3,a . MOM, 7 A FL;Ui ". a,i9:99Rs: pamw'.5.. a U. 3,Quuy* &k k, ah' .5:,1515:: .98. u:4. Tom. U �R, 2}11 .. 2141RIA aromftl: O.=% 3.:. •; bdxy`',3; .i:29A 3,': 211w M 19Nms+Xs: i.y'=: C. a 5=u a 3.... .:"ate A'.i111 g7 a:<3':.'.s&'.. i G:`u.5" EN C .: - Nss,�. L=% I 53.43bifi. 3 EvW^.:. w.: i 9a• 5 3 tLl>•i 1 c.M TNS: 5 3:x� Mine S9: 0. ma% z.:: 'C1%kz% .1 'i TIM r 301E% Q=% UMMO, Q3%"% 3.nE'1.S, 's13191 aE423.... 55 315n'eP 'm Fkie-a. ltii.?ffi*4.: p v�.. -515'.55; a,, •3.M Q,AT- 3Ya5T' :":: ..nTua£i. spa% t. -0Is.M e rs w a . Y' :tie, TMW : iw. % : IM 31 .3 3 � n..: I'll, M% 'a%1515R5:: RAS.;.. 1,684.&t%35 22. Appendix E (Billing Addresses of the Parties) of the Agreement I is updated to include the billing address of the Cities of Alameda, Healdsburg, Lodi, Lompoc, Palo Alto, Redding, Roseville, Santa Clara, and Ukiah; the Sacramento Municipal Utility District; the Modesto Irrigation District; and the Turlock Irrigation District. Except as set forth herein, all other terms and conditions of the Agreement shall remain in full force and effect. In case of a conflict in the terms of the Agreement and this Amendment No. 1, the provisions of this Amendment No. 1 shall control. This Amendment will become effective when TANG and its Members have each signed below and shall be effective as of the Amendment Effective Date specified above. TANG and its Members intend that this Amendment shall not bind any Party unless it is executed by all Parties. CITY OF ALAMEDA By: Name: Title: Date: CITY OF HEALDSBURG By: Name: Title: Date: CITY OF LODI By: Name: Title: Date: CITY OF LOMPOC By: Name: Title: Date: MODESTO IRRIGATION DISTRICT By: Name: Title: Date: CITY OF PALO ALTO By: Name: Title: Date: CITY OF REDDING By: Name: Title: Date: CITY OF ROSEVILLE By: Name: Title: Date: SACRAMENTO MUNICIPAL UTILITY DISTRICT By: Name: Title: Date: CITY OF SANTA CLARA By: Name: Title: Date: TURLOCK IRRIGATION DISTRICT By: Name: Title: Date: CITY OF UKIAH By: Name: Title: Date: PLUMAS-SIERRA RURAL ELECTRIC COOPERATIVE By: Name: I Title: Date: TRANSMISSION AGENCY OF NORTHERN CALIFORNIA By: Name: Title: Date: 1C AMENDMENT NO. 1 PROJECT AGREEMENT NO. 3 BETWEEN AND AMONG AND ITS MEMBERS This Amendment No. 1 to Project Agreement No. 3 ("Agreement") by and among the Transmission Agency of Northern California, hereinafter referred to as "IANC," and its Members the Cities of Alameda, Healdsburg, Lodi, Lompoc, Palo Alto, Redding, Roseville, Santa Clara, and Ukiah; the Sacramento Municipal Utility District; the Modesto Irrigation District; the Turlock Irrigation District; and the Plumas- Sierra Rural Electric Cooperative, hereinafter referred to as "Members," is hereby made and entered into as of ("Amendment Effective Date"), based upon the following: RECITALS 2026 WHEREAS, IANC and its Members desire to modify certain provisions of the Agreement as provided herein; WHEREAS, TAMC and its Members seek to clarify that changes to Transfer Capability may be made without formally amending the Agreement. NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, IANC and its Members agree as follows: 41 z10 41 z 1. The Table of Contents is revised to delete "Participation Percentages" and replace it with "Participation Percentages (N -S)" as Appendix C. 2. The Table of Contents is revised to add as Appendix C-1 "Participation Percentages (S -N)", following Appendix C: Participation Percentages (N -S). 3. The Table of Contents is revised to add as Appendix C-2 "Return of Layoff Percentages", following Appendix C-1: Participation Percentages (S -N). 4. The definition of "Betterment" in Section 1.4 of the Agreement is revised by deleting the phrase "or sixteen hundred (1600) megawatts, whichever is less". 5. The definition of "Executive Committee" in Section 1.8 of the Agreement is deleted in its entirety and replaced with "[Intentionally omitted]". 6. The definition of "Fiscal Year" in Section 1.9 of the Agreement is revised by deleting "September" and replacing it with "June". 7. Section 1.22 of the Agreement is revised to add "and Appendix C-1" after "Appendix C". 8. Section 1.30 of the Agreement is revised by deleting "Section 15060" and replacing it with "Part 101, Definition 34". 9. Section 2.3.1 of the Agreement is revised to add "and Appendix C-1" after "Appendix C". 10.Section 2.3.2 of the Agreement is deleted in its entirety and replaced with the following: "In the event that TANC's entitlement to Transfer Capability changes, the Members' Participation Percentages will be unchanged except as provided in this Agreement. Changes to Members' Participation Percentages shall be permitted without an amendment to this Agreement as follows: 2.3.2.1 All revisions of Participation Percentages pursuant to this Section 2.3.2 shall require an affirmative vote of the Commission using the voting procedures provided in the Joint Powers Agreement. 2.3.2.2 Members shall be permitted to revise their Participation Percentages if one or more Members agree to accept an offsetting change in Participation 2 Percentage. All Members whose Participation Percentage change must consent to the change in writing. 2.3.2.3 Members shall be permitted to acquire Transfer Capability from outside of TANC and transfer that capability to TANC, without amendment to this Agreement subject to an affirmative vote of the Commission using the voting procedures provided in the Joint Powers Agreement and written consent of the Members acquiring the Transfer Capability. Participation Percentages of all Members shall be changed so that the Member acquiring the Transfer Capability retains its existing Transfer Capability and obtains the additional Transfer Capability it has acquired, and is subject to, all the rights and obligations associated with the transfer. 11. Section 2.3.3 of the Agreement is revised by deleting "Column D" and replacing it with "or Appendix C-1". 12. Section 3.1 of the Agreement is revised by deleting "its Executive Committee or". 13. Section 4.1.1 of the Agreement is revised by deleting "the California Department of Water Resources,". 14. Section 5.3 of the Agreement is revised by adding an internal cross-reference to "Section 2.3.2 and" before "Section 8.3". 15. Section 7.4 of the Agreement is revised by deleting ", Column E" and replacing it with "and Appendix C-1". 16. Section 12.1 of the Agreement is revised by deleting "telephone or in writing within twenty-four (24 hour}" and replacing it with "telephone, in writing, or by electronic media within twenty-four (24) hours" both times this language is used. 17. Section 16.1 of the Agreement is revised by adding an internal cross-reference to Section "2.3.2," after "Sections". I 18. Section 19 of the Agreement is revised to add "C-1, C-2," between "Appendices A, B, C," and "D, and E attached ................. .. M 19. Appendix Cis deleted and replaced with the following table of the Current North to South Participation Percentages: New (Entitlement and Scheduling) TANC Member Member MW MW Scheduling MW Scheduling Member Percentage Entitlement Rights Rights % (North to South) (North to South) (North to South) SMUD 37.8074% 569.2140 558 37.7793% MID 23.0546% 347.1014 341 23.0873% TID 17.1458% 258.1407 253 17.1293% Santa Clara 9.8108% 147.7077 145 9.8172% Redding 10.0398% 151.1555 148 10.0203% Roseville 2.1416% 32.2431 32 2.1666% Alameda 0.0000% - - 0.0000% Healdsburg 0.0000% - - 0.0000% Lodi 0.0000% - - 0.0000% Lompoc 0.0000% - - 0.0000% Palo Alto 0.0000% - - 0.0000% Plumas 0.0000% - - 0.0000% Ukiah 0.0000% - - 0.0000% Total 100.0000% 1,505.5625 1,477 100.0000% Scheduling Rights include the 29MW layoff to WAPA COTP Participant Participant MW MW Scheduling MW Scheduling Participants Percentage Entitlement Rights Rights /o (North to South) (North to South) (North to South) TANC 88.5625% 1,505.5625 1,477 86.8824% Western 9.3750% 159.3750 188 11.0588% PG&E 2.0625% 35.0625 35 2.0588% Total 100.0000% 1,700.0000 1,700 100.0000% 20. Appendix C-1 is added �.r.', to include the following table of the Current South to North Participation Percentages: TANC Member Member MW MW Scheduling Member Percentage Entitlement Rights (South to North) (South to North) 61 SMUD 37.8074% 410.17 402.00 MID TO Santa Clara Redding Roseville Alameda Healdsburg Lodi Lompoc Palo Alto Plumas Ukiah Total COTP Participants TANC Western PG&E 23.0546% 17.1458% 9.8108% 10.0398% 2.1416% 0.0000% 0.0000% 0.0000% 0.0000% 0.0000% 0.0000% 0.0000% 100.0000% Participant Percentage 88.5625% 9.3750% 2.0625% 100.0000% 250.12 245.00 186.01 182.00 106.44 105.00 108.92 107.00 23.23 23.00 1,084.8906 Participant MW Entitlement (South to North) 1,084.8906 114.8438 25.2656 1,225.0000 1,064 MW Scheduling Rights (South to North) 1,064 136 25 1,225 21. Appendix C-2 is added to include the following table to document the Return of Layoff Percentages: [ kb"TAM1dCP AP,1r PWM ag+ti-m,t 99g'. 22. Appendix E (Billing Addresses of the Parties) of the Agreement I A B G C - E E Bme Tu'�T�G -wP,a Rh. -3 P.�PeTlr r PA-'3pR@eRaYaer I_agm �st>a carr - ar �?i'a rc.§3eerr rage ?tiyN'N k'k4 ""dkE54Mk§ . µ V MW 4SMedwirg F 2i 2 �n",a o sdcn En'a V?f t R7 ti Eas7 rrre l RIP% . PM La 1' Gitrrarte rcenra PeY+xrtG s: a� Gart qt =maxr:•-1h, , >m bml wsma�, �n�itt:F. ta�R UA - 0 ^.553551: 17A71% 2.§53.z% SEMI, 35: •":: .3h3: .^'a.`i S!n 3. 2e NBD aY' T325,45%:. §r °R.fl.'9A 1. d.A*3M :M, Ea3h'°e�i .'315',: J`:. 3 ? 2i:a+# mi Td 8i:c333'Sd.. GT 459% 0-89 Y4 ZYA316 1 5333*�L L W% IM.7 t S']= t,a:".s4 . a✓on;,: S;C'S.'=.151. a31Wf4:. 1. 1QA18E% 233an 3§5: :..'4a. DKII 'il Coma% ID [a3 tk#m4bs x. t4.§: W !t -Noa. kaf' 71"I .. :.13153§: ',i .< Cl M. M 1A4A% 13. wal K 23,2244... 23 +8s1.Y1a: I n MOM -r=moi d1. Rl.= � +3:.: 42.1'a''% i94"a.V:. La 11,39:M n 3 'I:M"A C.. :".13MI'M.. 3 IMEMLV. .. 23.. 1 :... i9.5'``°A,: C -2, M'.:, a % §.,. 5l:9§§"� ..5'315 x 7. Gm o C.3=% -3 sat 53h. :ifsi`"§ H -="A... SE M:Y`.4? 1..: 0'amula 11.=% �i:FT Lkw ats45a a 1 11 y T.W l ai 0 a . Lla, I% ,5 .. s, tea.5s cri�a [ kb"TAM1dCP AP,1r PWM ag+ti-m,t 99g'. 22. Appendix E (Billing Addresses of the Parties) of the Agreement I is updated to include the billing address of the Cities of Alameda, Healdsburg, Lodi, Lompoc, Palo Alto, Redding, Roseville, Santa Clara, and Ukiah; the Sacramento Municipal Utility District; the Modesto Irrigation District; and the Turlock Irrigation District. Except as set forth herein, all other terms and conditions of the Agreement shall remain in full force and effect. In case of a conflict in the terms of the Agreement and this Amendment No. 1, the provisions of this Amendment No. 1 shall control. This Amendment will become effective when TAMC and its Members have each signed below and shall be effective as of the Amendment Effective Date specified above. TANG and its Members intend that this Amendment shall not bind any Party unless it is executed by all Parties. CITY OF ALAMEDA By: Name: Title: Date: CITY OF HEALDSBURG By: Name: Title: Date: CITY OF LODI By: Name: Title: Date: CITY OF LOMPOC By: Name: Title: Date: MODESTO IRRIGATION DISTRICT By: Name: Title: Date: CITY OF PALO ALTO By: Name: Title: Date: CITY OF REDDING By: Name: Title: Date: CITY OF ROSEVILLE By: Name: Title: Date: SACRAMENTO MUNICIPAL UTILITY DISTRICT By: Name: Title: Date: CITY OF SANTA CLARA By: Name: Title: Date: TURLOCK IRRIGATION DISTRICT By: Name: Title: Date: CITY OF UKIAH By: Name: Title: Date: PLUMAS-SIERRA RURAL ELECTRIC COOPERATIVE By: Name: I Title: Date: TRANSMISSION AGENCY OF NORTHERN CALIFORNIA By: Name: Title: Date: 1C