Laserfiche WebLink
Elk River <br />Municipal Utilities <br />13069 Orono Parkway • P.O. Box ~i30 <br />Elk River, MN 55330-0430 <br />UTILITIES COMMISSION MEETING <br />Phone: 763.441.2020 <br />Fax: 763.441.5099 <br />TO: FROM: <br />Elk River Municipal Utilities Commission Troy Adams, P.E. - Director of Operations <br />John Dietz, Chair <br />Jerry Gumphrey, Vice Chair <br />D 1 Thom son, Trustee <br />MEETING DATE: AGENDA ITEM NUMBER: <br />December 14, 2010 4.3 <br />SUBJECT: <br />Midwest Munici al Transmission Grou and CAPX2020 Brookings Project U date <br />BACKGROUND: <br />In May 2006, the Utilities Commission authorized joining Midwest Municipal Transmission Group <br />(MMTG) to explore the potential to obtain ownership in the transmission system. In Febntary 2007, <br />ERMU entered into an agreement to participate through Central Minnesota Municipal Power Agency <br />(CMMPA) in the CAPX2020 Brooking-Twin Cities Transmission Project. Through MMTG, ERMU is <br />currently receiving approximately $4,500 revenue as return on investment in existing ERMU substation <br />equipment. <br />DISCUSSION: <br />Steve Thompson -CEO and Larry Blaine -CFO of CMMPA will be providing the Commission with a <br />project update and options, financial implications for ERMU, and project timeline and critical dates. <br />.~ <br />ACTION REQUESTED: <br />No action required at this time. <br />