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4.3. ERMUSR 09-13-2011~.3 Elk River~~ Municipal Utilities 13069 Orono Parkway • P.O. Box 430 Elk River, MN 55330-0430 UTILITIES COMMISSION MEETING Phone: 7(3.441.2020 Fax: 763.441.8099 TO: FROM: Elk River Municipal Utilities Commission Troy Adams, P.E. -Utilities Director John Dietz -Chair Daryl Thompson -Vice Chair Al Nadeau -Trustee MEETING DATE: AGENDA ITEM NUMBER: Se tember 13, 2011 4.3 SUBJECT: Power Suppl Options /Resource Planning Update 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 I" 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. In May 2011, the Utilities Commission authorized entering into "Phase 2b" of the resource planning study which will include risk assessment ofthe proposals. DISCUSSION: On July 1 s`, Commissioner Al Nadeau and I participated in a conference call with CMMPA to go over the Resource Planning Coalition and RFP process to date. On September 8`h, Commissioner AI Nadeau and Wade Lovelette attended a preliminary presentation of bid results at the CMMPA office in Blue Earth, MN. A verbal update will be given at the Commission meeting. A presentation to the Commission is tentatively scheduled for this fall.