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ity of <br /> <br />River <br /> <br />TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br /> Item #4.4. <br /> <br />MEMORANDUM <br /> <br /> Mayor & City Council <br /> <br /> Pat Klaers, City Administrator <br /> August 17, 1998 <br /> <br /> Utilities Commission Update <br /> <br />Councilmember John Dietz is our city representative on the Elk River <br />Municipal Utilities Commission. At this August 17, 1998, City Council <br />meeting, John is scheduled to provide the Council with an update on July <br />and August Utilities activities. Attached for your review are the draft <br />minutes from the August 11, 1998, Utilities Commission meeting. <br /> <br />Also attached with these minutes is the background material for Item 5.2., <br />the gas turbine project proposal. This partnership with UPA involves the <br />city issuing municipal bonds for an approximately $15 million substation. A <br />great deal of additional work is needed to determine the financial feasibility <br />of the project. Additionally, this proposal requires legal consultation on some <br />of the assumptions that have been made. This proposal may be the topic of a <br />special joint meeting between the Commission and City Council. <br /> <br />The next regular Commission meeting is scheduled for Tuesday, September <br />15, 1998, at 4:00 p.m. at the Utilities office. <br /> <br />13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · TDD & Phone: (612) 441-7420 · Fax: (612) 441-7425 <br /> <br /> <br />