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4.2. ERMUSR 10-12-2010Elk River Municipal Utilities 13069 Orono Parkway • P.O. Box 430 Elk River, MN 55330-0430 UTILITIES COMMISSION MEETING Phone: 763.44 L2020 Fax: 763.441.8099 TO: FROM: Elk River Municipal Utilities Commission Troy Adams, P.E. -Director of Operations John Dietz, Chair Jerry Gumphrey, Vice Chair Dar 1 Thom son, Trustee MEETING DATE: AGENDA ITEM NUMBER: October 12, 2010 4.~ SUBJECT: Power Su ly Options /Resource Plannin Update BACKGROUND: In September 2008, Connexus Energy terminated the 10-year rolling "all requirements" power contract with Elk River Municipal Uti]ities. In April 2010, the Utilities Commission authorized entering into `'Phase I" of a resource planning study with a coalition which includes Central Minnesota Municipal Power Agency (CMMPA) as a participant. [n September 2010, the Utilities Commission authorized entering into "Phase 2" of a resource planning study which includes the release of a Request For Proposal. DISCUSSION: On September 28, one of the participants announced that they would not be participating in Phase 2 of the resource planning study. A reallocation of costs was done and the approval cost for Elk River Municipal Utilities increases from $19,444.44 to $25,000.00. The costs for Elk River Municipal Utilities that would be approved at a future date for the Phase 2b increase from $8,334.00 to $10,714.00. This change has delayed the process because many of the participants needed to obtain approval from their governing bodies. Elk River Municipal Utilities' staff has informed the Resource Planning Coalition that they will participate in Phase 2 at the $25,000 contingent upon all other remaining participants also agrees to participate in Phase 2. ACTION REQUESTED: No action required at this time.