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5.7. ERMUSR 10-21-2014Elk River Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: Elk River Municipal Utilities Commission Troy Adams, P.E. — General Manager John Dietz — Chair Al Nadeau — Vice Chair Daryl Thompson — Trustee MEETING DATE: AGENDA ITEM NUMBER: October 21, 2014 5.7 SUBJECT: 2014 Midwest Municipal Transmission Group Annual Meeting Update BACKGROUND: In 2006 the Utilities Commission authorized joining the Midwest Municipal Transmission Group (MMTG) to explore the potential to obtain ownership in the transmission system. Through that process ERMU entered into an agreement to participate through CMMPA in the CAPX2020 Brooking -Twin Cities Transmission Project in 2007. This investment in transmission assets represents ERMU's direction to own instead of rent. This investment provides revenue to mitigate transmission costs and help to lower ERMU electric rates. Since inception in 2006, MMTG has provided assistance to the membership in regards to transmission and generation for planning, construction, ownership /investment, operation/maintenance, administration/management, and regulatory/legal advocacy. The membership consists of over 50 municipal utilities, agencies, and associations from the Midwest. MMTG is governed by a volunteer board of directors on which ERMU has had a representative since 2006. In 2014, I served as the Chair. DISCUSSION: As Chair, I was able to influence the location of the annual meeting typically held in Iowa. This year the meeting was held at the Minnesota Municipal Utilities Association (MMUA) offices in Plymouth, MN. The financial report indicates that cash balances are strong for all zones. The recommendation for the Secretary- Treasurer was to not raise dues from 2014. This was put to a vote of the membership and approved unanimously. The dues formula is $200 base fee, plus $100/MW for general fund, plus $160 /MW for zonal fund. With the ERMU system peak reaching approximately 61MW our MMTG dues would likely be about $16,000. Regulatory and legal advocacy is a major part of what MMTG does for its members. MMTG is a member of the national organization Transmission Access Policy Study Group (TAPS). The TAPS membership is comprised of transmission- dependent electric utilities from over 35 states. Through TAPS, MMTG has greater representation in the fight for open and equal transmission access. TAPS represents its members through participation policy proceeding at the Federal P01E0E0 01 Page I of 2Au� Reliable Public Power Provider P O W E R E D To S e a v e 102 Energy Regularity Commission (FERC), at the Department of Energy (DOE), and other federal agencies. Taps also testifies before Congress on transmission related topics. An MMTG representative, Anne Kimber from the Iowa Association of Municipal Utilities (IAMU), attended the Fall TAPS conference in Indianapolis in September and provided an update on TAPS activities to the MMTG membership. Chris Kopel from Central Minnesota Municipal Power Agency ( CMMPA) gave an overview and update on the CAPX2020 Brookings Project in which ERMU has invested. As a result of the zero dollars "out of pocket" investment that ERMU made in this project, ERMU will receive approximately $100,000 in 2014 and $60,000 for the next 30 years starting in 2015. At that time the bonds will be paid for and the revenue will increase. Robert Jablon of Spiegel & McDiarmid was the guest speaker. He gave an update on the Guttenburg /IPL settlement, FERC /regulatory activity, and the future of capacity markets relating to MMTG. The discussion of the future of the industry was followed by a discussion on the future of MMTG and the expansion of our membership. The membership and board voted on board members and officers. The results of the election are as follows: MMTG Board of Directors and Officers Affective after the Annual Meeting on October 7, 2014 First Name Last Name Affiliation 2015 Office State Term Notes 1 Allen Bonderman IPPA IA 2013 -2015 2012 Election 2 Wes Hompe Willmar Vice Chair MN 2013 -2015 2012 Election 3 Steve Tjepkes Atlantic IA 2013 -2015 2012 Election 4 Kevin Kudart Montezuma Light & Power IA 2013 -2015 2014 Election 5 Chris Kopel CMMPA MN 2014 -2016 2014 Election 6 Anne Kimber IAMU IA 2014 -2016 2013 Election 7 Mike Litterer Waverly Light & Power Chair IA 2014 -2016 2013 Election 8 Steve Thompson CMMPA MN 2014 -2016 2013 Election 9 Troy Adams Elk River Municipal Utilities Immediate Past Chair MN 2015 -2017 2014 Election 10 1 Ken Kagy Cedar Falls IA 2015 -2017 2014 Election 11 Jack Kegel MMUA MN 2015 -2017 2014 Election 12 Todd Kielkopf Indianola Secretary- Treasurer IA 2015 -2017 2014 Election ACTION REQUESTED: No action requested. Reliable Public Power Provider Page 2 of 2 103 P 0 V E I E I 1 1 ATUR P O W E R E D To S E R V E