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I0. <br /> <br />must be approved by the member's board of commissioners or <br />council. <br /> <br />Article VII of the Agreement shall be amended by adding a new Section 5 as <br />follows: <br /> Section 5: Capital Financinq. It is understood by the parties that the <br /> capital costs of the Northstar Corridor project are to be funded primarily <br /> by grant monies from the United States Government, the State of <br /> Minnesota or any other association or agency. In addition, it is <br /> contemplated that certain member counties and regional railroad <br /> authorities will contribute funding for capital costs pursuant to agreements <br /> independent of this Agreement. <br /> <br />Article VII of the Agreement shall be amended by adding a new Section 6 as <br />follows: <br /> Section 6: Operations and Operations Financinq. Nothing in this <br /> Agreement shall create an obligation or authorize the Authority to operate <br /> or finance the operations of commuter rail in the Northstar Corridor. <br /> <br />This Amendment No. I may be executed in two or more counterparts, each of <br />which shall be deemed an original, but all of which shall constitute one and the <br />same instrument. <br /> <br />The terms and conditions set forth in the Agreement shall continue in full force <br />and effect, except as modified herein, and shall apply to this Amendment No. 1 <br />as if fully set forth herein. <br /> <br />5 <br /> <br /> <br />