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6.1a EMRUSR 12-10-2024�i Elk River --�- Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: ERMU Commission Mark Hanson — General Manager MEETING DATE: AGENDA ITEM NUMBER: December 10, 2024 6.1a SUBJECT: Staff Update ACTION REQUESTED: None DISCUSSION: • The City will be presenting the Minnesota Municipal Power Agency (MMPA) Amendment, approved by the Utilities Commission in November, for approval via the consent agenda at their December 16, 2024, Council meeting. • 1 received a revised proposal from LEO A DALY regarding a high-level cost review to convert the building to general administrative space conducive to a history/education center. Staff has informed LEO A DALY of our intent to enter into an agreement for phase one of the review. Phase one will provide us with a high-level cost to renovate the building and will explore possible fund sources such as grants, legislative bonding, and philanthropic donations. The intent is to present the findings to the Commission in January. • The MMPA Board of Directors met November 19, 2024, at Chaska City Hall in Chaska, Minnesota and via videoconference. Commissioner Stewart and I attended. The public summary follows: • The Board reviewed the Agency's operating and financial performance for October 2024. • Clean Energy Choice program participation increased by 41 participants. 5.9% of residential customers participate in the program. • The Board discussed the status of renewable projects the Agency is pursuing. • The Board discussed Xcel Energy's request to increase electric rates in Minnesota by 9.6% for 2025 and another 3.6% for 2026. Page 1 of 1 139