(1) An application for a linear facility must include either a copy of any and all interconnection agreements involving the proposed facility, or the following information for each such agreement:

(a) a brief description of the obligations of and the benefits to the facility under the agreement;

(b) a list of all parties to the agreement;

(c) the time period during which the agreement is in effect;

(d) a summary of the terms of the agreement; and

(e) the financial agreements.

(2) An application for a linear facility must include a description of all current and planned negotiations with respect to interconnection of the facility and transmission of energy. The description must include a list of the parties to any negotiations and a general discussion of the history and current status of the negotiations.