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ERMU RES 24-10RESOLUTION NO. 24-10 BOARD OF COMMISSIONERS ELK RIVER MUNICIPAL UTILITIES A RESOLUTION AUTHORIZING THE DECOMMISSION OF THE ELK RIVER MUNICIPAL UTITILITIES POWER PLANT WHEREAS, Elk River Municipal Utilities (ERMU) maintains a power plant, constructed in 1947; and WHEREAS, since 1978, the power plant has not been fully operational because ERMU has met all power generation needs through a cooperative purchasing agency; and WHEREAS, ERMU has maintained the power plant for auxiliary purposes only; and WHEREAS, operational costs to maintain the power plant continue to rise, including the need for a substantial investment in repairs, likely to exceed $500,000; and WHEREAS, ERMU's current distribution system includes multiple substations and interconnected transmission and distribution tie -lines which provide significant resilience to maintaining power within the City of Elk River; and WHEREAS, given the reliability of ERMU's current distribution system without use of the power plant, and the significant reinvestment needed to operate the power plant, staff recommends that ERMU decommission the plant; and WHEREAS, the Commission agrees that ERMU should decommission the power plant, and investigate opportunities to repurpose the building; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE BOARD OF COMMISSIONERS OF ELK RIVER MUNICIPAL UTILITIES, BASED UPON THE FOREGOING RECITALS INCORPORATED HEREIN, AS FOLLOWS: 1. Staff should initiate the process to decommission the power plant immediately, including ceasing all power generation operations at the plant. 2. Staff should proceed with decommissioning in as practical and efficient a manner as possible in compliance with all local, state, and federal legal and regulatory policies and processes required of ERMU. 232484v1 3. Prior to repurposing the building, staff will secure the power plant to ensure that no unauthorized members of the public may access the plant during the decommissioning process or after its conclusion. 4. Staff shall repurpose all non -fixed assets within the power plant or dispose of them in accordance with state law. 5. The Commission will continue to explore opportunities to repurpose the building for a public use that takes advantage of this significant public resource and investment within the City of Elk River. This Resolution Passed and Adopted this 10th day of September, 2024. o n J. NzCOr Mark Hanson, General Manager 232484v1