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2.5 ERMU 01-12-2016 Elk River T 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: January 12, 2016 2.5 SUBJECT: ERMU-GRE Capacity/Energy Termination Notice for the Diesel Power Plant DISCUSSION: At the December 8 Commission meeting the Commission authorized staff to provide formal termination notice to Great River Energy(GRE) for the ERMU Diesel Power Plant capacity/energy agreement. This notice was given on December 14, 2015. ACTION REQUESTED: Receive the ERMU-GRE Capacity/Energy Termination Notice for the Diesel Power Plant ATTACHMENTS: • ERMU-GRE Capacity/Energy Termination Notice for the Diesel Power Plant Rri Pagelofl P ° � E H E Il MATU at. ,bie;'.4b, 82 Elk River Municipal Utilities 0 century of suntcc 100 a future of grot,th P E A R S Mr.Jon Brekke December 14,2015 Vice President of Member Services Great River Energy 12300 Elm Creek Blvd Maple Grove, MN 55369-4718 Dear Mr. Brekke: At the December 8, 2015 Utilities Commission Meeting,the Commission approved exercising the option of terminating the ERMU-GRE Capacity/Energy Agreement for ERMU's Diesel/Natural Gas Power Plant. The contract was originally dated May 1, 1988,and has been most recently amended on March 6, 2013. This letter shall serve as formal notice of the agreement termination per the terms of the most recent agreement addendum. Best Regards, 1 Troy Adams, P.E. General Manager Cc: File — 0WE0EI BY 13069 Orono Parkway • P.O. Box 430 • Elk River. MN 55330-0430 NATURE/�A ��� 3 Phone: 763.441.2020 • Fax: 763-441-8099 • www.elkriverutilities.com Reliable Public P o w E a E o T o S ERV E Power Provider 83