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I <br /> The Elk River Municipal Utilities policy for commercial/industrial customers is for the 11/1 <br /> customer to fund one half of the costs of the added infrastructure to support their facility. <br /> Because the proposed site is already served by an electric feeder (although not large I <br /> enough) there would be no contribution requested except for one half of metering facility <br /> costs. This cost is estimated to be in the $15,000 range depending on the final metering I arrangement. Because you desire to have a second full capacity feeder from another <br /> substation, this is beyond our normal service provided. A contribution of one half of this <br /> feeder cost would be required. This cost is in the $375,000 range. The funds to make the I necessary system enhancements would come from bond proceeds which will be paid by <br /> electric sales revenues. The bond underwriters will require some form of assurance that <br /> adequate electric revenues will be derived from this project to secure the bond payments. <br /> I <br /> We ask your cooperation in providing whatever form of assurance they may require. <br /> We look forward to working with you to the successful completion of your project. <br /> I <br /> e� regards, ',/ f. ) 1 <br /> \ ___:-z.--4-.,(---,7 --;-:y.c ,,,,--i \ <br /> / , , / <br /> 1: . .1(( 'lie, <br /> B c)an Adams, P.E. erry`' akle,"1'.E. <br /> eneral Manager Chairman I <br /> Elk River Municipal Utility Commission <br /> III <br /> I <br />