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4.3. ERMUSR 12-14-2010Elk River Municipal Utilities 13069 Orono Parkway • P.O. Box ~i30 Elk River, MN 55330-0430 UTILITIES COMMISSION MEETING Phone: 763.441.2020 Fax: 763.441.5099 TO: FROM: Elk River Municipal Utilities Commission Troy Adams, P.E. - Director of Operations John Dietz, Chair Jerry Gumphrey, Vice Chair D 1 Thom son, Trustee MEETING DATE: AGENDA ITEM NUMBER: December 14, 2010 4.3 SUBJECT: Midwest Munici al Transmission Grou and CAPX2020 Brookings Project U date BACKGROUND: In May 2006, the Utilities Commission authorized joining Midwest Municipal Transmission Group (MMTG) to explore the potential to obtain ownership in the transmission system. In Febntary 2007, ERMU entered into an agreement to participate through Central Minnesota Municipal Power Agency (CMMPA) in the CAPX2020 Brooking-Twin Cities Transmission Project. Through MMTG, ERMU is currently receiving approximately $4,500 revenue as return on investment in existing ERMU substation equipment. DISCUSSION: Steve Thompson -CEO and Larry Blaine -CFO of CMMPA will be providing the Commission with a project update and options, financial implications for ERMU, and project timeline and critical dates. .~ ACTION REQUESTED: No action required at this time.