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Elk River <br />Municipal Utilities <br />13069 Orono Parkway • P.O. Box 430 <br />Elk River, MN 55330-0430 <br />June 2, 2009 <br />To: Elk River Municipal Utilities Commission <br />John Dietz <br />Jerry Gumphrey <br />Daryl Thompson <br />From: Troy Adams <br />Subject: Review and Consider Wholesale Power Contract Options <br />Phone: 763.441.2020 <br />Fax: 763.441.8099 <br />Currently Central Minnesota Municipal Power Agency (CMMPA), with the assistance R.W. <br />Beck, is conducting a study of ERMU's power supply needs as related to the Big Stone II Power <br />Plant Project. This study is covered under the CMMPA Associate Membership the Utilities are <br />entering into per Commission direction on May 12, 2009. Per CMMPA and R.W. Beck, this <br />study will be completed in time for presentation to the City Council on June 15, 2009. A joint <br />Council and Commission meeting would be required. <br />Contracts and the Letter of Intent specific to ERMU entering into this project have been passed <br />onto the City Attorney and will be reviewed with CMMPA and staff on June 11, 2009. This will <br />allow for questions about the contracts or letter to be address prior to the joint Council and <br />Commission meeting. <br />