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because of the similarities of the membership to ERMU,there would be an inherent"safety in numbers" <br /> with utilities that have"like interests." Through membership in MMPA, ERMU would have greater <br /> control over our future and be better protected against the unknowns. The results of the high level <br /> analysis leave no need for ERMU to request bids from GRE or MRES at this time. This is not to imply <br /> that GRE or MRES are not good power suppliers. They both have great qualities. However, MMPA is <br /> clearly the best fit for ERMU. Attached are MMPA's agency agreement, power sales agreement, and a <br /> new member agreement for ERMU that covers the agency buy in. Also attached are ERMU and City of <br /> Elk River Resolutions for review and consideration. <br /> Representatives from MMPA are in attendance to answer questions from the Utilities Commission. <br /> ACTION REQUESTED: <br /> Staff recommends the commission discuss the agreements with the MMPA representatives. Staff then <br /> recommends entering into closed session for the purposes of discussing the buy in cost and details of <br /> joining MMPA. <br /> ATTACHMENTS: <br /> • Minnesota Power Agency—Agency Agreement <br /> • Minnesota Municipal Power Agency—Power Sales Agreement <br /> • Minnesota Municipal Power Agency—New Member Agreement <br /> • ERMU Resolution <br /> • City Council Resolution <br /> OIIEr <br /> Page 3 of IP RED 0 <br /> NATURE 1 <br /> Reliable Public <br /> Power Provider P owrxro T o SIR,' <br />