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ERMU RES 26-8RESOLUTION NO. 26-8 BOARD OF COMMISSIONERS ELK RIVER MUNICIPAL UTILITIES A RESOLUTION AMENDING THE ELK RIVER MUNICIPAL UTILITIES 2026 BUDGET WHEREAS, the Elk River Municipal Utilities Commission adopted the 2026 budget, as contained in the 2026 Annual Business Plan, on December 18, 2025; and WHEREAS, the Commission has received information from staff on a potential project necessitating adjustments to the capital project timelines, in particular moving the West Bank 2 transformer purchase from 2034 to 2027; and WHEREAS, the Commission views the project as an opportunity to leverage economies of scale that should be pursued; 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. The Elk River Municipal Utilities 2026 budget is hereby amended as presented. This Resolution Passed and Adopted this 121h day of May, 2026. 010� Mark Hanson, General Manager