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3)Reviewthe potential constructioncosts, offsets (e.g. grants, donations, sale of <br />equipment), andresulting net financial commitmentrange. <br />4)Reach consensus and provide direction on whether to commit to the next step of the <br />pre-design assessment. The next step would include: determining a buildinglayout, <br />refining the cost estimates, and developing sufficient architectural renderings to pursue <br />possible grant funding. Consulting fees for this next step are $15,000. <br />5) Reach consensus and provide direction on the desired financial recovery for the larger <br />plant assets such as the fuel tanks, engines/generators, and power distribution <br />equipment. Similarly, is the Commission interested in engaging with the City on a <br />potential combined historical focus. <br /> <br />NEXT STEPS: <br />If desired, staff will continue working with LEO A Daly to complete Phase 2 of the pre-design <br />assessment and pursue potential funding opportunities. Additionally, staff will continue <br />working with peer agencies to dispose of the large equipment such as the fuel tanks, engines, <br />and distribution equipment. <br /> <br />ATTACHMENT: <br /> The Elk River Municipal Utilities Power Plant Building Pre-Design Assessment <br />______________________________________________________________________________ <br />Page 2 of 2 <br />83 <br /> <br />