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5.3. ERMUSR 09-10-2013 U.S. BANCORP GOVERNMENT LEASING AND LINANCL i 1kt 4116 ill ,;) MMUA Municipal Lease Program I.1(. �j Financing for state Q>-""` __ ,A 1 - and local governments L. r - - ' To learn more contact: U.S. Bancorp Government Leasing and Finance and MMUA are pleased to offer a financing solution to Minnesota cities and municipal utilities for the acquisition MMUA of essential use equipment. Let us help you overcome your budget challenges to Bob Jagusch acquire new equipment and technology in an efficient and simple manner. Our 612-840-9697 program is designed to manage cash flow so you can acquire new assets now and rjagusch @mmua.org make payments over the assets' useful life. Please contact us to create a solution and take advantage of these benefits: U.S. Bancorp Government Leasing and Finance • Direct access to capital, innovative structures and competitive pricing Denise Beauchamp 904-284-3520 • Our specialists serve as your single point of contact and provide unsurpassed denise.beauchamp @ usbank.com industry experience and depth of knowledge • Simple application and short turnaround time for financing • Our business is built on long-term relationships and personalized service Types of assets financed: • Generation equipment and facilities • Substation projects • Water tower construction and refurbishing • Water and wastewater treatment facilities • IT equipment • Telecommunications • Utility trucks and other vehicles • And other essential use assets Why U.S. Bancorp Government Leasing and Finance? U.S. Bancorp Government Leasing and Finance is a subsidiary of U.S. Bank National Association ("U.S. Bank"). As the fifth largest commercial bank in the nation,U.S. Bank has the financial strength and expertise to provide what you need to maximize your business opportunities. All of®serving yout JIMINILM ill7MUSI, Mbancorp usbank.com All applications are subject to credit approval.Other conditions and restrictions may apply U.S.Bank is not aKllated with MMUA.U.S.Bank is not responsible for and does not guarantee the products,services or performance of its affiliates or third party providers.Member FDIC. 92 Elk River Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: Elk River Municipal Utilities Commission Mark Fuchs—Electric Superintendent John Dietz—Chair Al Nadeau—Vice Chair Daryl Thompson—Trustee MEETING DATE: AGENDA ITEM NUMBER: September 10, 2013 5.3 SUBJECT: Triple Feeder Rebuild Contractor Bids BACKGROUND: In September bids were received for the Triple Feeder Rebuild Project. This project will replace the triple deck overhead electric feeders that run from the wastewater treatment plant north to Main Street near Sonic. Only one of the bids was complete and the Commission rejected all the bids and directed staff to request new bids. ATTACHMENTS: The bid opening was held on Monday September 9 at 10:00 am. Staff will provide the bid results and make a recommendation at the Utilities Commission meeting. IIIEAEO 11 Page 1 of 1 NATURE Reliable Public Power Provider P oWEREo To SERVE 93 o 0 o co 0 e ce 2 000 0n M L M H CO Q0 C GD I v1 7 O .-+ en C3 e N U vi )n F 6R y4 ro Z w m o N 0 n t U) -0 s N N 2 V- l- L M X N V N 1'. C 0.1 69 Z O. C CO N 2 ° , 2 om z > >' or O O CO O O O O O O V O N N C a N O r 00 69 .-+ C Ts 69 69 C K )n , O . E 0 o 'O .n m Q) 0 In C C) Z on , C d N N O . E n = , ti N ro mi O vi N ~ C. N N Q) V O "C m 0o m _o CO y D ti CC N CO > >" r'7 0 0 O O O O O In It 0 0 t 7 ti _ O "r L 00 i- N O. "O Q v) vl .-i N N 0 m V 69 614 N m F^ C o L .--1 C Ln 0 ca m o co E o .2 N N O L v O v: l7 CL cn' s9 m .. u_ V m N N N N C = .a rI 5 � m >" >' •I i •• L Q) •1▪ ' 'D, E . et , ti p T•I . O b 0� to C^ R C.•WI .°' % = i •i [� m ti C C) c m W C a C. to sr, E Q W ct E �▪ / C C Fil N O c . r. CO. y -o r y o FG �_ F Q m ' •L O Q y� m CA W P: a 01 N A en N