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BE IT FURTHER RESOLVED that commencing as of July 1,2004, <br />all General Expenses of the Authority be allocated 44 percent to the Palo Verde <br />Project, 19 percent to the Southern Transmission Project, 8 percent to the <br />Hoover Uprating Project, 6 percent to the Mead-Phoenix Project, 5 percent to the <br />Mead-Adelanto Project, 11 percent to the San Juan Unit 3 Project, and 7 percent <br />to the Magnolia Power Project. <br />BE IT FURTHER RESOLVED that the allocation for General <br />Expenses provided in Resolution 2003-15 be rescinded at the close of business <br />at the end of June 2004. <br />This Resolution shall become effective July 1, 2004. <br />THE FOREGOING RESOLUTION is approved and adopted by the <br />Authority this 2oth day of May 2004. <br />southern California Public <br />Power Authority <br />ATTEST: <br />Southern California ~ut%c <br />Power Authority