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__. _ --r-----__________ _ 0 2 <br /> To Our Customers <br /> _ _ _ <br /> .... <br /> - -----__ :- Thank you to all who attended our 100th anniversary <br /> 17 x. celebration in August, 2015. The support from our community <br /> ht-, - is truly incredible. I speak for all Elk River Municipal Utilities <br /> -- -. 1employees that it is an honor to serve our community. <br /> In addition to being ERMU's 100th anniversary, 2015 proved <br /> to be a significant milestone for our community-owned <br /> utility. An agreement was signed with Connexus Energy <br /> ,, which established terms for the transfer of electric service <br /> � 1 :Prv A territory by the cooperative to ERMU over five years. To <br /> date, this is the largest agreement of this nature where both <br /> . . utilities continued to service customers in Minnesota after <br /> the transfer. The first transfer under these terms transpired <br /> in Late 2015. The outages to facilitate this transfer took just <br /> minutes. Connexus Energy and ERMU employees worked <br /> _, at together seamlessly both operationally and administratively <br /> to make this transfer a success. The positive nature in which <br /> , 4tb4 this agreement was negotiated and how the first transfer <br /> was executed speaks volumes about the leadership values of <br /> c <br /> 4 both utilities. <br /> We are public power and water; we are owned by those we <br /> serve; we are governed by members of our community. And <br /> a we are proud to be a part of this growing community. <br /> x A century of service. A future of growth. <br /> i '-1,k ti A.-,_ <br /> - Troy Adams, P.E., General Manager <br /> Statement: <br /> and quality long term electric and water utility service. <br /> of utility services, programs, policies, and future plans. <br /> Page 2 <br /> environmentally andfinancially responsible manner. <br />