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4.2. ERMUSR 03-08-2011Elk River Municipal Utilities 13069 Orono Parkway • P.O. Box 430 Elk River, MN 55330-0430 UTILITIES COMMISSION MEETING Phone: 763.441.2020 Pax. 763.441.8099 TO: FROM: Elk River Municipal Utilities Commission Troy Adams, P.E. -Director of Operations John Dietz, Chair Daryl Thompson, Trustee Al Nadeau MEETING DATE: AGENDA ITEM NUMBER: March 8, 2011 4.2 SUB.TECT: Midwest Municipal Transmission Group and CAPX2020 Brookin s Project Update 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 February 2007, ERMU entered into an agreement to participate through Central Minnesota Municipal Power Agency (CMMPA) in the CAPX2020 Brookings-Twin Cities Transmission Project. Through MMTG, ERMU is currently receiving approximately $4,500 revenue as return on investment in existing ERMU substation equipment. A joint City Council and Utilities Commission meeting is scheduled for March 7'". At this meeting, CMMPA will make a presentation on project specifics. A second joint meeting is then scheduled for March 14r'. At this meeting, a decision will need to be made by the City Council and Utilities Commission on whether or not to increase ERMU's investment allocation. DISCUSSION: As follow up to the March 7t° joint City Council and Utilities Commission meeting, staff will address Commission questions. ACTION REQUESTED: No action required at this time.