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4.1. ERMUSR 04-10-2012 Elk River: Municipal U 13069 Orono Pazkway • P.O. Box 430 Elk River, MN 5 5 3 30-0430 s Phone: 763.441.2020 Fax: 763.441.8099 www. elkriverutili ties. com UTILITIES COMMISSION MEETING TO: FROM: Elk River Municipal Utilities Commission Troy Adams, P.E. -Utilities Director John Dietz -Chair Dazyl Thompson -Vice Chair Al Nadeau -Trustee MEETING DATE: AGENDA ITEM NUMBER: A ril 10, 2012 4.1 SUBJECT: Power Su ly O tions /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: In ERMU's research into future power supply, staff has explored a number of potential suppliers in addition to our current supplier. One of the potential agencies within Minnesota is Southern Minnesota Municipal Power Agency located in Rochester, MN. Representatives from the agency will be providing a high level overview of their agency, governance, members, resources, and future. ACTION REQUESTED: No action required. PO~wEAE9 ®1 ~ A ~U~E P O W E R E D T O S E R V E