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4.1. ERMUSR 01-10-2012Elk River: Municipal U 13069 Orono Parkway • P.O. Box 430 Elk River, MN 5 5 3 30-0430 UTILITIES COMMISSION MEETING Phone: 763.441.2020 Fax: 763.441.8099 www. elkriverutilities. com 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: Jan 10, 2012 4.1 SUBJECT: Power Su ply O lions /Resource Planning U date BACKGROUND: In September 2008, Connexus Energy terminated the 10-year rolling "all requirements" power contract with Elk River Municipal Utilities. In Apri12010, 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. In May 2011, the Utilities Commission authorized entering into "Phase 2b" of the resource planning study which will include risk assessment of the proposals. In addition to working with the Resource Planning Coalition, staff continues to explore other power supply options. DISCUSSION: Representatives for Minnesota Municipal Power Agency (MMPA) are in attendance to discuss their agency. ACTION REQUESTED: No action required. s rowEeEO er ~A~uR~ POWERED TO SERVE