Laserfiche WebLink
i <br /> 16 <br /> Elk River <br /> I Municipal Utilities <br /> 13069 Orono Parkway phone: 763.441.2020 <br /> Elk River,MN 55330 Fax.763 441.8099 <br /> October 3, 2005 <br /> ' To: Elk River Municipal Utilities Commission <br /> Jerry Takle <br /> John Dietz <br /> Jim Tralle <br /> From: Bryan Adams <br /> ' Subject: Proposed 2006 CIP Budget <br /> Minnesota statutes require municipal utilities to spend a minimum of 1.5% of previous <br /> years gross electric revenues on conservation improvement programs (CEP). For 2006, <br /> 1.5% of 2005 gross electric revenues are approximately $208,500. We will be receiving <br /> $90,750 in CIP rebates from Great River Energy in the form of: <br /> $50,000 for Elk River East Elementary School <br /> ' $15,000 for other commercial rebates <br /> $ 25,750 for residential rebates <br /> ' With these Great River Energy rebates, the Elk River Municipal Utilities must spend <br /> approximately $120,000. Attached are the programs being proposed for the 2006 CIP <br /> 111program. <br />