ERMU Misc. 08-16-2005 - Laserfiche WebLink

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Elk River ' Municipal Utilities 13069 Orono Parkway phone: 763.441.2020 ' Elk River,MN 55330 Fax:763.441.8099 August 11, 2005 To: Elk River Municipal Utilities Commision ' Jerry Takle Jim Tralle John Dietz From: Bryan Adams ' Subject: Miscellaneous Issues Enclosed is the packet for Tuesday August 16, 2005 commission meeting at 4:00 p.m. ' With the hot& dry weather, the electric and water usage is up. The graph in the financial section reflects the increased usage. To date electric &water usage is up 9.56% & 6.55% respectively over last year. The water construction phase of the 5th Street project is completed. Many of the water ' service lines we were concerned about were plugged causing low flow in the customers homes. These service lines were reamed out. Flow to these homes are much improved but not 100%. The water piping inside people's homes may still have build up thus reducing ' the flow. Your staff has expended extra effort in many cases to improve the water flow for these customers. In areas where the water main was not replaced we found 8 to 10 water service lines of non-copper construction that were replaced from the main to the curb stop with copper pipe. Jerry Takle and I attended MMUA's annual summer meeting. We will update you at our meeting. Enclosed is the following information for your review: ' 1. July 29, 2005, issue of the Kiplinger letters addressing energy issues. ' 2. "Wind Turbine maintenance parts growing issues at municipal installations"taken from MMUA's Resource news. 3. MMUA's brochure explaining municipal finance program. As you may recall, Elk River Municipal Utilities is already a member of Midwest Consortium of Municipal Utilities (MCMU) and this finance program is available to us. I have Itaken the liberty of asking MCMU to price a $3,500,000 bond issue using their program vs. conventional funding to verify any cost savings. This is in preparation of the potential Target project.