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<br />AMP OHIO CONIRACT NO. C-9-2006-~251 <br /> <br />IIYI>HO pnO,JECTS <br />DEVELOI)J\.U:NTAL SUBSClUP1'ION AND COST SHARING AGnEEMENT <br />BE'rWEEN AlVlEmCAN MUNICIPAL J>OWEn - OHIO, INC. (AMP-OHIO) <br />AND <br />TilE CITY Of' MAnTINSV'tLE (l\HJNICIPALlTY) <br /> <br />WHEREAS, AMP-Ohio has made a preliminary determination that its Members <br />can beneficially utilize the output of one or more new hydroelectric power generation <br />facililies at existing regional dams, utilizing conventional as \vell U5 newer technology, to <br />Ix CI)llstructed, (l\\l1cd and opl:rdt..:d by panil:ipating :\i\lP-Ohin T\kmb\:rs. or by AMP- <br /> <br />Ob,,) on bch:lif 1)( P:Il'licip:llil1:' \km:>,:I'.. pI' :'l'pro.\lIlldkl:; 2:,() mcgawalts U.,,1\Vi, <br /> <br />IlhTc'.I1;l1':c, "llydn, I'r,.,j l'I..'t:;" i, <br /> <br />\VI lLI<L\S, ;\ \lJ>-Ultlll b:s prdiminarily dl'Il:lmilh,d Ill,lt tbe lIydro Projects <br /> <br />lnil) be economic,lil) alld tcdUlICdlJy lc'as;hk :lI1d ~11\ ir(lIillH..'lllally (ksirablc' <br /> <br />\\'11FREAS. it is prudent I;) ~~()ndud funhC'r l'collomic and technical studies to <br />,kICJllliIiC. among oth('!' things, the projected (l))(S o( the llydro Proj.::cts and 10 design <br /> <br />an~ permit slJid Ilydro Projecls and to, acquire. 'by application, purchase. or other <br />alTflngenlCl1ts, FERC Liccnscs lor the Same' (hcr(~inaftcr "Developmental Phase"), in <br />order to determine if thc Hydro Projects should be constructed and if the lVll1nicipality, <br />along with other A~\'1P-Ohio ~vlemb~rs. should commit to thc' construction of the same; <br /> <br />\~""HEREAS, Municipality desires to participate in the Developmental Phase and <br />to reserve up to a nominal 4,300 kilow.\tts (kW) of the Hydro Projects' capacity~ <br /> <br />WHEREAS, in order to fund the COSls of the Developmental Phase, Municipality <br />agrees to pay AMP-Ohio for Municipality's pro raja share of the costs of the <br />Developmental Phase of the Hydro Projects up to, but not including. a commitment to <br />construct the Hydro Projects; <br /> <br />WHEREAS, Municipality will subsequently authorize, and enter into only ifit so <br />chooses, additional agreements to authorize the construction and to finance <br />