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4.2 ERMUSR 04-12-2011~/ Elk River Municipal Utilities 13069 Orooo Parkway • EO. Box 430 Elk River, MN 55330-0430 UTILITIES COMMISSION MEETING Phone: 763.441.2020 Fax: 763.441.8099 TO: FROM: Elk River Municipal Utilities Commission Troy Adams, P.E. -Director of Operations John Dietz, Chair Dazyl Thompson, Vice Chair Al Nadeau, Trustee MEETING DATE: AGENDA ITEM NUMBER: A ril 12, 2011 4.2 SUBJECT: Power Supply Options /Resource Planning Up date BACKGROUND: In September 2008, Connexus Energy terminated the 10-year rolling "all requirements" power contract with Elk River Municipal Utilities. In April 2010, the Utilities Commission authorized entering into "Phase 1" of a resource planning study with a coalition which includes Central Minnesota Municipal Power Agency (CMMPA) as a participant. In September 2010, the Utilities Commission authorized entering into "Phase 2" of a resource planning study which includes the release of a Request For Proposal (RFP). The RFP was issued on November 15, 2010. DISCUSSION: On March 25`", staff participated in a CMMPA webinar for general discussion on the bidders. Utilities counsel has been working with CMMPA and the bidders on confidentiality contracts. Afrer the confidentiality contracts have been finalized and executed, staff will have access to more detailed bidder data. CMMPA has scheduled a meeting, contingent upon confidentiality contracts being executed, to select a short list of bidders. This meeting is currently scheduled to be hosted at CMMPA ofSces in Blue Earth, MN on Friday April ISth. ACTION REQUESTED: No action required at this time.