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11-24-2021 HUCCPHUTCHINSON UTILITIES COMMISSION AGENDA REGULAR MEETING November 24, 2021 3:00 p.m. 1. CONFLICT OF INTEREST 2. APPROVE CONSENT AGENDA a. Approve Minutes b. Ratify Payment of Bills 3. APPROVE FINANCIAL STATEMENTS 4. OPEN FORUM 5. COMMUNICATION a. City Administrator b. Divisions C. Human Resources d. Legal e. General Manager 6. POLICIES a. Review Policies i. CIP Rebate Level of Authority ii. Delegation of Authority Policy iii. Financial Reserve Policy iv. Investment Policy v. Service Beyond City Limits of Hutchinson vi. Surplus Property Policy b. Approve Changes i. Payments of HUC Payables ii. Purchasing Policy/Credit Cards/Fixed Assets 7. UNFINISHED BUSINESS 8. NEW BUSINESS a. Approve Non -Waiver of Tort Liability Limits for General Liability Insurance b. Approve Customer Uncollectable Write -Offs C. Discuss Date for Performance Review of Hutchinson Utilities General Manager d. Discuss Residential and Commercial Survey Results e. Discuss Commissioner Interest Forms Received 9. ADJOURN MINUTES Strategic Planning Meeting — Hutchinson Utilities Commission Wednesday, October 27, 2021 Commenced —11:00 a.m. Members present: President Matt Cheney; Vice President Anthony Hanson; Secretary Don Martinez; Commissioner Robert Wendorff; Commissioner Monty Morrow; GM Jeremy Carter Others present: Dave Hunstad, Dan Lang, Jared Martig, John Webster, and Angie Radke. Preserving/Attracting/Developing a skilled workforce • The GM & Managers have identified critical positions in their respective areas through succession planning which is reviewed and considered annually. Some positions have better ability for succession planning & cross -training then others. • Where applicable internal employees are identified for potential movement up within the organization and in other areas external candidates may need to be considered. • Continued training, conferences, and education continues to be a part of the organizations focusto ensure a skilled and educated workforce at HUC. Management will continually evaluate personnel and recommend adjustments and organizational change where appropriate based on industry trends, the needs of HUC's current operations, and as opportunities present themselves. • HUC will continue to cross -train, provide back up, and have an action plan in place for critical areas so that daily operations are minimally affected by personnel changes, retirements... etc. • Management continues to evaluate daily operations and look at filling potential vacancy with internal, external, or a combination of staff and consulting firms in situations where it may be needed. Management recognizes the continual need in the future for more technical skill sets as technology continues to advance at a rapid pace. • There needs to be a renewed effort on how HUC will advertise, attract, and bring new employees into the organization as the labor force shrinks. There may need to be more direct recruiting, attending job fairs, or various other methods used. Managing HUC's Future Finances/Business • Board and staff discussed where Federal and State legislation is at and what can be anticipated over the next 5 years. There was discussion about a deregulated environment and the constraints or opportunities that HUC has within that environment. There was also discussion about Transmission opportunities now and into the future as well as looking into an additional Joint Action Agency arrangement to improve the purchasing power for transmission projects. • During the strategic planning meeting there was a review and discussion on the 5-year forecasted budget, the wholesale generation model, and additional opportunities on the Natural Gas Transmission line. Acceptable Balance sheet cash was discussed and various options reviewed. The board and staff discussed designating HUC's full 5 — Year CIP plan on an annually basis versus 5 years of project maintenance expenses and fleet. Also, there was discussion on HUC's outstanding debt and potential retiring debt early where it makes financial and economic sense. There was also discussion about designating additional dollars in the Natural Gas Rate stabilization fund to protect customers against another severe polar vortex/storm Uri in future winters. Various strategies have been discussed including increasing the dollar value range. • The board and staff also considered various city projects that could be funded or partially funded to help the city reallocate resources to other priorities or pressing needs. Several items were identified that made sense and fit the mission of HUC. Resource Planning/Programs Discussed whether or not a Community Solar Garden should be considered within HUC's service territory. The residential survey should shed some light on the willingness or interest of residents to participate in a community solar garden. In addition, there was discussion on a continual presence by developers to add distributed generation resources in town and that HUC needs to establish a solar buy back electric rate. • Discussed industry trends and how HUC can continue to be involved in adding Electric Vehicle (EV) charging stations in town in destination areas. There was also discussion on the in -home charger program using Conservation Improvement Program (CIP) dollars to help defray some of the customers cost. Briefly talked about continuing to move HUC's fleet towards electric vehicles where it makes sense to do so. • Briefly discussed being a part of a Community Climate Action Plan and partnering with the city to lead an effort towards sustainability. • Battery Storage technology was discussed. Part of the discussion centered on how different battery storage applications in the industry are working. Staff continues to monitor battery storage technology and if there are any applications worthwhile in the future to investigate HUC staff may bring it forward to the commission for consideration. • Briefly discussed the strengths and skills sets of new commissioners coming on the board in the future. Adjourned at 3:00 p.m. Don Martinez, Secretary ATTEST: Matt Cheney, President MINUTES Regular Meeting — Hutchinson Utilities Commission Wednesday, October 27, 2021 Call to order — 3:00 p.m. President Matt Cheney called the meeting to order. Members present: President Matt Cheney; Vice President Anthony Hanson; Secretary Don Martinez; Commissioner Monty Morrow; Commissioner Robert Wendorff; GM Jeremy Carter; Attorney Marc Sebora Conflict of Interest Commissioner Hanson and President Cheney declared conflict of interest in voting on agenda item 2b Ratify Payment of Bills; Commissioner Hanson is part owner of 235 Hassan LLC, President Cheney is owner of Redline Systems both of which are on this month's payment of bills. Mr. Hanson and Mr. Cheney will both be abstaining. 2. Approve Consent Agenda a. Approve Minutes b. Ratify Payment of Bills Motion by Commissioner Martinez, second by Commissioner Morrow to approve the Consent Agenda. Motion carried unanimously. 3. Approve Financial Statements Mr. Martig presented the financial statements. Electric Division is similar to year before. MRES increased slightly by $15,020 and market purchases/ MISO costs increased by $122,838. Natural Gas Division net income increased by $41,391 with increased revenue exceeding an increase in expenses. Commissioner Martinez inquired about past due accounts. Mr. Martig noted that past due accounts were catching up and that disconnects have now started. Motion by Commissioner Wendorff, second by Commissioner Hanson to approve the financial statements. Motion carried unanimously. 4. Open Forum 5. Communication a. City Administrator —Matthew Jaunich — i. Econo Foods building is coming down ii. Middle of Budget Season b. Divisions i. Dan Lang, Engineering Services Manager — 1. Energized Plant 2 Transformers at the substation yesterday. Project is now completed. ii. Dave Hunstad, Electric Transmission/Distribution Manager — Nothing iii. Jared Martig, Financial Manager — 1. Cross Training of Computer Systems Analyst position will happen soon, will be cross training with 2 people 1 iv. John Webster, Natural Gas Division Director — 1 . Looking into what can be done with the exposure of high natural gas prices that are out there. Have been reviewing the average load through the Nov -Feb timeframe and how much swing HUC can reduce. Did purchase different volume levels of gas for Nov -Feb; prices were high at $6.35 but averages in with HUC's cost, can try to blend down with contracts so customers should not see an impact. 2. 3M's contracts are done in December, working on pricing. Commissioner Hanson inquired about the percentage of hedging. Mr. Webster noted it is about 87%, which is high and can be sold back into the market if needs to be. Commissioner Morrow inquired to Mr. Hunstad about construction projects and how equipment held up. Mr. Hunstad noted that the equipment is in great shape, all large projects are completed, and there are a few services for new homes that need to be completed yet. c. Human Resources - Brenda Ewing — i. Reminder that the Commissioners will need to set a date and time for the General Manager annual review, which can be a separate date or in conjunction with a regular Commission meeting. d. Legal — Marc Sebora — Nothing to Report e. General Manager — Jeremy Carter — i. Inquiries have been received from the community on the increased energy prices this winter. With what Mr. Webster has locked up, HUC should be sitting well. Overall, HUC is hedged well against the market depending on normalized consumption. Transmission constraints are still an issue. There still are transportation constraints and if the weather is extremely cold around the entire country, there will be price inflation again this winter season. 6. Policies a. Review Policies i. Security Light Rental — Rate to Furnish and Maintain Fixture ii. Electric Service Requirements & Charges iii. Temporary Service- Electric iv. Temporary Service in Case of Underground Failure v. Sealing of Meters — Electric vi. Meter Testing - Electric vii. Right -of -Way Clearing viii. Tree Removal of Trimming ix. Locating Customer's Underground Utilities — Electric x. Natural Gas Service Requirements & Charges xi. Temporary Service — Natural Gas xii. Natural Gas Meter Requirements & Placement xiii. Meter Testing — Natural Gas xiv. Natural Gas Service Work xv. Locating Customer's Underground Utilities — Natural Gas 2 No changes recommended at this time b. Approve Changes i. Electric Meter Placement- being proactive and staying ahead of the industry. Customers may use meter sockets to install equipment- Staff is trying to head off and protect HUC's infrastructure to prevent damage. ii. Electric Rate Schedule & Natural Gas Rate Schedule — both are to update new rates to be in line with the Glide paths that were put in place as part of the last cost of service study. Motion by Commissioner Martinez, second by Commissioner Hanson to approve the Policy Changes. Motion carried unanimously. 7. Unfinished Business 8. New Business a. Discussion/Approval of Rescheduling the November 24, 2021 and December 29, 2021 Regular Commission Meetings if needed. The Commissioners held discussions on if rescheduling the two meetings is needed. The consensus from the Board was to keep the November 24, 2021 meeting as is and to reschedule the December 29, 2021 meeting to December 22, 2021. A motion by Commissioner Hanson, second by Commissioner Wendorff to approve rescheduling the December 29, 2020 meeting to December 22, 2021. Motion carried unanimously. Discussion was held on having a Budget workshop either as part of the November 2021 meeting or as a separate meeting. Commissioners agreed to have a separate meeting. Ms. Radke will send out information on available dates to set a Special Meeting Budget Work shop. 9. Adjourn There being no further business, a motion by Commissioner Morrow second by Commissioner Martinez to adjourn the meeting at 3.19 p.m. Motion carried unanimously. ATTEST: Matt Cheney, President 3 Don Martinez, Secretary 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 1/38 Amount Fund: 1 ELECTRIC 10/21/2021 GEN 917(E)* MINNESOTA REVENUE STATE SALES TAX 242-000- 00 62, 097.00 City Sales Tax 242-000- 00 4,486.00 COUNTY SALES TAX 242-000- 00 4, 486.00 HECK GEN 917(E) TOTAL FOR FUND 1: 71,069.00 10/22/2021 GEN 888(E) MRES Purchased Power 401-555- 02 843,835.12 10/25/2021 GEN 75157*4 ACE HARDWARE Generator 41 Material 402-554- 01 3.83 Generator 46 Material 402-554- 01 4.26 Accessory Plant - Materials 402-554- 01 54.67 Accessory Plant - Materials 402-554- 01 6.40 CHECK GEN 75157 TOTAL FOR FUND 1: 69.16 10/25/2021 GEN 75158* ALICIA NUSSBAUM DEP REFUND/APPLIED 235-000- 00 48.75 10/25/2021 GEN 75159* ALLISON EBLEN DEP REFUND/APPLIED 235-000- 00 48.75 10/25/2021 GEN 75160 ALTEC INDUSTRIES INC Vehicles - Material 402-598- 02 1,679.67 10/25/2021 GEN 75161* ANDREW RIVERA OR MOLLY RIVERA Customer Deposits 235-000- 00 130.00 10/25/2021 GEN 75162* ASHLEE LEONARD OR JONATHON LEONARD DEP REFUND/APPLIED 235-000- 00 221.00 10/25/2021 GEN 75163* ASHLEY HALLETT OR BEN ROHLOFF DEP REFUND/APPLIED 235-000- 00 169. 00 10/25/2021 GEN 75164* BARBARA BAUM DEP REFUND/APPLIED 235-000- 00 243.75 10/25/2021 GEN 75165 BETTY BUBOLTZ OVERPAYMENTS 142-000- 00 500.00 10/25/2021 GEN 75166*4 BORDER STATES ELECTRIC SUPPLY DUST CAP, 600A, COOPER DPC625 154-000- 00 1,564.71 KIT, T-OP, COMPLETE ASSEMBLY, 600A 154-000- 00 2,284.24 POLE, STANDARD FIBERGLASS BG WITH 154-000- 00 7,672.83 GROUND ROD, 5/8" X 8, STEEL, BLACKBURN 154-000- 00 72.48 KIT, T-OP, COMPLETE ASSEMBLY, 600A 154-000- 00 1,998.71 11/18/2021 01:42 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES Page 2/38 User: JMartig CHECK DATE FROM 10/21/2021 - 11/19/2021 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Amount Fund: 1 ELECTRIC WIPES, CLEANING, GRIM -AWAY, DISPENSER, 154-000- 00 12.33 PEDESTAL, SECONDARY, NORDIC PRMC-150-MG 154-000- 00 1,371.20 DUST CAP, 600A, COOPER DPC625 154-000- 00 149.04 PARKING STAND, 600A, COPPER, ISB625C 154-000- 00 419. 64 CONNECTOR, GROUND ROD, BURNDY GCRT1/0 154-000- 00 61.92 GROUND ROD, 5/8" X 8, STEEL, BLACKBURN 154-000- 00 108.72 SHOVEL, SPADE D-HANDLE FPS, 4 3/4" x 154-000- 00 231.36 ELL, 4/0 200A UNDERGROUND, LOADBREAK, 154-000- 00 390.15 FLOOD SEAL, COVERS (LONG) FSS 350L 154-000- 00 386.50 Sales Tax Receivable - New 186-000- 00 107.57 Sales Tax Receivable - New 186-000- 00 157.04 Sales Tax Receivable - New 186-000- 00 527.51 Sales Tax Receivable - New 186-000- 00 4.98 Sales Tax Receivable - New 186-000- 00 137.41 Sales Tax Receivable - New 186-000- 00 0.85 Sales Tax Receivable - New 186-000- 00 94.27 Sales Tax Receivable - New 186-000- 00 187.68 Sales Tax Receivable - New 186-000- 00 23.48 Sales Tax Receivable - New 186-000- 00 56.08 BATTERY, SIZE D 401-581- 02 67.68 BATTERY, SIZE AAA 401-581- 02 54. 72 Line - Materials 401-581- 02 0.08 HECK GEN 75166 TOTAL FOR FUND 1: 18,143.18 10/25/2021 GEN 75167* BRENT MOHLER DEP REFUND/APPLIED 235-000- 00 78.00 10/25/2021 GEN 75168* BRIAN CORDIE DEP REFUND/APPLIED 235-000- 00 136.50 10/25/2021 GEN 75169* BRIANA WEHDE OR JEFFREY GORDON DEP REFUND/APPLIED 235-000- 00 130.00 10/25/2021 GEN 75171* CAROL LESKE DEP REFUND/APPLIED 235-000- 00 195.00 10/25/2021 GEN 75172* CARY GLIEDEN DEP REFUND/APPLIED 235-000- 00 130.00 10/25/2021 GEN 75173 CATHLEEN WALLYN OVERPAYMENTS 142-000- 00 82.60 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 3/38 Amount Fund: 1 ELECTRIC 10/25/2021 GEN 75174* CENTRICK TYME LLC DEP REFUND/APPLIED 235-000- 00 611.00 10/25/2021 GEN 75176 CHRISTIAN COMMERFORD OVERPAYMENTS 142-000- 00 25.49 10/25/2021 GEN 75177* CHRISTINE BOWERS DEP REFUND/APPLIED 235-000- 00 84.50 10/25/2021 GEN 75178*4 CINTAS CORPORATION 4470 Uniforms & Laundry 401-550- 01 443.41 Uniforms & Laundry 401-550- 01 443.41 UNIFORMS & LAUNDRY 401-588- 02 267. 52 UNIFORMS & LAUNDRY 401-588- 02 267. 52 HECK GEN 75178 TOTAL FOR FUND 1: 1,421.86 10/25/2021 GEN 75179*4 CITY OF HUTCHINSON Generator 41 Water & Sewer 401-547- 01 277.19 Generator 41 Water & Sewer 401-547- 01 194.79 Waste Disposal 401-550- 01 510.40 Waste Disposal 401-550- 01 2,091.56 Waste Disposal 401-550- 01 68.10 Line - Materials 402-594- 02 26.02 IT ADMIN AND SUPPORT 750 401-921- 08 2,327. 95 Utility Expenses - Water/Waste 401-930- 08 8.62 Utility Expenses - Water/Waste 401-930- 08 482.80 HECK GEN 75179 TOTAL FOR FUND 1: 5,987.43 10/25/2021 GEN 75180 CONNOR JUNES OVERPAYMENTS 142-000- 00 13.19 10/25/2021 GEN 75182 CORE & MAIN 16 CL200 AMI Elec MTR 470466 107-370- 00 430.00 10/25/2021 GEN 75183* COREY KIRK DEP REFUND/APPLIED 235-000- 00 55.25 10/25/2021 GEN 75184 CREEKSIDE SOILS Materials 401-588- 02 63.59 10/25/2021 GEN 75185 CROW RIVER SIGNS SOLAR - INDUSTRIAL PARK 107-344- 00 864.00 Sales Tax Receivable - Replace 186-000- 00 59.40 HECK GEN 75185 TOTAL FOR FUND 1: 923.40 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 4/38 Amount Fund: 1 ELECTRIC 10/25/2021 GEN 75186 DAKOTA SUPPLY GROUP GE current transformer 107-362- 00 1,778.94 GE current transformer 107-362- 00 161.73 Sales Tax Receivable - Replace 186-000- 00 153.92 Sales Tax Receivable - Replace 186-000- 00 13.99 HECK GEN 75186 TOTAL FOR FUND 1: 2,108.58 10/25/2021 GEN 75187 DALE GORRES OR JULIE GORRES OVERPAYMENTS 142-000- 00 123.35 10/25/2021 GEN 75188* DESTINY SANTA CRUZ OR FERNANDO DEP REFUND/APPLIED 235-000- 00 130.00 10/25/2021 GEN 751894 DGR ENGINEERING STATION EQUIPMENT (SWITCHGEAR, 107-362- 00 1,611.00 Electric Distribution Maintenance 402-592- 02 1,553.00 HECK GEN 75189 TOTAL FOR FUND 1: 3,164.00 10/25/2021 GEN 75190*4 DITCH WITCH OF MN Power Equipment - Materials 402-598- 02 57.24 Power Equipment - Materials 402-598- 02 305.91 HECK GEN 75190 TOTAL FOR FUND 1: 363.15 10/25/2021 GEN 75191* DOREEN KRAMER DEP REFUND/APPLIED 235-000- 00 78.00 10/25/2021 GEN 75192* DYLAN BELETTI DEP REFUND/APPLIED 235-000- 00 45.50 10/25/2021 GEN 75193* DYLAN KING OR GIANNA CLEAR Customer Deposits 235-000- 00 104.00 10/25/2021 GEN 75194* EMAELIA TOBIN DEP REFUND/APPLIED 235-000- 00 91.00 10/25/2021 GEN 75195 ESSENCE BROWN OVERPAYMENTS 142-000- 00 63.64 10/25/2021 GEN 75196 FASTENAL COMPANY Generator 47 Material 402-554- 01 10.24 10/25/2021 GEN 75197 FORCIER MARTYS ROOFING Plant 1 roof replacement- central shop 107-341- 00 10,065.64 Warranty by Carlisle 20 year, labor and 107-341- 00 947.36 HECK GEN 75197 TOTAL FOR FUND 1: 11,013.00 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 5/38 Amount Fund: 1 ELECTRIC 10/25/2021 GEN 75198 FS3 INC Line - Materials 401-581- 02 394.24 10/25/2021 GEN 7519914 GOPHER STATE ONE -CALL INC Line - Materials 401-581- 02 183.60 10/25/2021 GEN 75200 GREAT RIVER ENERGY PURCHASED POWER 401-555- 02 834.00 10/25/2021 GEN 75202 HANSEN GRAVEL INC Materials 401-588- 02 250.09 10/25/2021 GEN 75203 HANSON & EASED CONSTRUCTION, INC Underground Conductor 107-367- 00 825.00 10/25/2021 GEN 75204* HEIDI VANCE DEP REFUND/APPLIED 235-000- 00 195.00 10/25/2021 GEN 75205*4 HILLYARD/HUTCHINSON Supplies 401-550- 01 213.73 Grounds - Materials 401-935- 08 25.12 Grounds - Materials 401-935- 08 151.81 Grounds - Materials 401-935- 08 25.32 Grounds - Materials 401-935- 08 109.27 HECK GEN 75205 TOTAL FOR FUND 1: 525.25 10/25/2021 GEN 75206* HUNTER TRNKA DEP REFUND/APPLIED 235-000- 00 48.75 10/25/2021 GEN 75207* INNOVATIVE OFFICE SOLUTIONS OFFICE SUPPLIES 401-921- 08 91.54 10/25/2021 GEN 75208* JACOB MALONE DEP REFUND/APPLIED 235-000- 00 48.75 10/25/2021 GEN 75209* JARED VOLLER DEP REFUND/APPLIED 235-000- 00 32.50 10/25/2021 GEN 75210* JAY CARMONA DEP REFUND/APPLIED 235-000- 00 48.75 10/25/2021 GEN 75211* JENNIFER GRAAZ OR NOAH RUECKERT DEP REFUND/APPLIED 235-000- 00 71.50 10/25/2021 GEN 752124 JOHN HENRY FOSTER THERMAL VALVE CARTRIDGE - PART # 154-000- 00 233.99 THERMAL VALVE CARTRIDGE - PART # 154-000- 00 16.75 Sales Tax Receivable - Replace 186-000- 00 17.32 11/18/2021 01:42 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES Page 6/38 User: JMartig CHECK DATE FROM 10/21/2021 - 11/19/2021 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Amount Fund: 1 ELECTRIC Sales Tax Receivable - Replace 186-000- 00 1.24 Generator 41 Material 402-554- 01 279.06 Generator 41 Material 402-554- 01 (257.76) HECK GEN 75212 TOTAL FOR FUND 1: 290.60 10/25/2021 GEN 75213* JOSE SEGOVIANO ARMENIA DEP REFUND/APPLIED 235-000- 00 84.50 10/25/2021 GEN 75214 JOSHUA RENNE OVERPAYMENTS 142-000- 00 134. 62 10/25/2021 GEN 75215* JUAN CARLOS OR NICKOLE MORALES DEP REFUND/APPLIED 235-000- 00 126.75 10/25/2021 GEN 75216* KAYLA JOCHUM OR TANNER TIMM DEP REFUND/APPLIED 235-000- 00 35.75 10/25/2021 GEN 75217 RAYLEIGH STEVENS OR DANI TESSMER OVERPAYMENTS 142-000- 00 101.07 10/25/2021 GEN 75218* KENDRA NEWCOMBE DEP REFUND/APPLIED 235-000- 00 39.00 10/25/2021 GEN 75219 LEE, ERIC Cip - Residential 401-916- 07 150.00 10/25/2021 GEN 75220* LEONARDO CABRERA DEP REFUND/APPLIED 235-000- 00 130.00 10/25/2021 GEN 75221* MARCO ALVAREZ OR CAITLIN PETERSON DEP REFUND/APPLIED 235-000- 00 162.50 10/25/2021 GEN 75222* MARCUS HAHN DEP REFUND/APPLIED 235-000- 00 78.00 10/25/2021 GEN 75223* MARCUS HAHN DEP REFUND/APPLIED 235-000- 00 45.50 10/25/2021 GEN 75224* MARIA FIGUEROA DEP REFUND/APPLIED 235-000- 00 39.00 10/25/2021 GEN 75225 MARIE BAGAN OVERPAYMENTS 142-000- 00 38.07 10/25/2021 GEN 75226* MARK UBBEN DEP REFUND/APPLIED 235-000- 00 52.00 10/25/2021 GEN 75227* MARKIS DETTMAN DEP REFUND/APPLIED 235-000- 00 227.50 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 7/38 Amount Fund: 1 ELECTRIC 10/25/2021 GEN 75228 MARTIN BIONDO OR ANGELICA TIMBUSH OVERPAYMENTS 142-000- 00 17.11 10/25/2021 GEN 752294 MCC ENERGY SOLUTIONS, LLC I AM MANAGEMENT FEES 401-555- 02 3,900.00 IAM USAGE FEES 401-556- 03 3,050.00 CHECK GEN 75229 TOTAL FOR FUND 1: 6,950.00 10/25/2021 GEN 7523014 MCLEOD COOPERATVIE POWER ASSN Building & Grounds - Materials 402-592- 02 38.66 10/25/2021 GEN 75231* MELINDA LARSON DEP REFUND/APPLIED 235-000- 00 221.00 10/25/2021 GEN 75232* MIKKAYLA THEIS DEP REFUND/APPLIED 235-000- 00 143.00 10/25/2021 GEN 75233*4 MN MUNICIPAL UTILITIES ASSOCIATION Training - Expense 401-580- 02 1,700.00 MISC SERVICES-QTR SAFETY/MGMT 750 401-923- 08 4,921.88 DUES/MEMBERSHIP EXPENSE-QTR ELEC DUES 401-930- 08 7,949.25 HECK GEN 75233 TOTAL FOR FUND 1: 14,571.13 10/25/2021 GEN 75235 NORTHERN STATES SUPPLY INC DISC, FLAP, 4 1/2" X 7/8", 60 GRIT, 154-000- 00 70.17 DISC, FLAP, 4 1/2" X 7/8", 60 GRIT, 154-000- 00 7.43 Sales Tax Receivable - New 186-000- 00 5.37 Sales Tax Receivable - New 186-000- 00 0.57 HECK GEN 75235 TOTAL FOR FUND 1: 83.54 10/25/2021 GEN 752374 OXYGEN SERVICE COMPANY INC WIRE BRUSH, KNOT CUP, METABO, 154-000- 00 91.37 WIRE BRUSH, KNOT CUP, METABO, 154-000- 00 10.50 GLOVES, WELDING, MID 39, XL, DEERSKIN 154-000- 00 45.85 GLOVES, WELDING, MID 39, XL, DEERSKIN 154-000- 00 5.27 Sales Tax Receivable - New 186-000- 00 13.73 Sales Tax Receivable - New 186-000- 00 1.58 Generator 41 Material 402-554- 01 40.44 Generator 41 Material 402-554- 01 4.65 HECK GEN 75237 TOTAL FOR FUND 1: 213.39 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 8/38 Amount Fund: 1 ELECTRIC 10/25/2021 GEN 75239* PREMIUM WATERS INC OFFICE SUPPLIES -BOTTLED WATER 401-921- 08 11.76 10/25/2021 GEN 75240*4 PRO AUTO & TRANSMISSION REPAIR Vehicles - Material 402-554- 01 69.59 Vehicles - Material 402-554- 01 20.00 VEHICLES - MATERIAL-ELEC 402-598- 02 183.59 HECK GEN 75240 TOTAL FOR FUND 1: 273.18 10/25/2021 GEN 75241* Q MARKET RESEARCH Misc Services 401-923- 08 1,500.00 10/25/2021 GEN 75242 QUADE ELECTRIC Line - Materials 401-581- 02 133.59 10/25/2021 GEN 75243* QUADIENT-LEASE LEASE/SERVICE AGREEMENTS 401-921- 08 654.30 10/25/2021 GEN 75244 RAMSTAD TECHNOLOGIES, INC SOLAR - INDUSTRIAL PARK 107-344- 00 1,067.16 10/25/2021 GEN 75246* RICHARD BORUCKI DEP REFUND/APPLIED 235-000- 00 175.50 10/25/2021 GEN 75248* SAMANTHA MURPHY OR HUNTER ANDERSON DEP REFUND/APPLIED 235-000- 00 32.50 10/25/2021 GEN 75249* SAVANNAH COLLINS DEP REFUND/APPLIED 235-000- 00 65.00 10/25/2021 GEN 75250* SEAN FRENCH OR ASHLEY FRENCH DEP REFUND/APPLIED 235-000- 00 234.00 10/25/2021 GEN 75251* SHAWN OWENS OR COLLEEN OWENS DEP REFUND/APPLIED 235-000- 00 130.00 10/25/2021 GEN 75254 STEFANI HOLMGREN OVERPAYMENTS 142-000- 00 173.61 10/25/2021 GEN 75255* SUSAN MCTIGHE DEP REFUND/APPLIED 235-000- 00 48.75 10/25/2021 GEN 75257* THERESA KEODUANGSY DEP REFUND/APPLIED 235-000- 00 78.00 10/25/2021 GEN 75258 TIM VALLACHER OVERPAYMENTS 142-000- 00 58.92 11/18/2021 01:42 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES User: JMartig CHECK DATE FROM 10/21/2021 - 11/19/2021 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Fund: 1 ELECTRIC 10/25/2021 GEN 75259 TRAFFIC CONTROL CORPORATION SIGNAL, LUMINATION ZEDS, RED TINTED 154-000- 00 SIGNAL, LUMINATION ZEDS, RED TINTED 154-000- 00 Sales Tax Receivable - New 186-000- 00 Sales Tax Receivable - New 186-000- 00 HECK GEN 75259 TOTAL FOR FUND 1: 10/25/2021 GEN 75261* UNITED INFORMATION SERVICES, INC COLLECTION - MATERIALS 401-903- 06 10/25/2021 GEN 75263 VIKING ELECTRIC POWER SUPPLY, SIEMENS, 24VDC, 5A, 154-000- 00 10/25/2021 GEN 75264 VRC PROPS, LLC Accessory Plant - Materials 402-554- 01 10/25/2021 GEN 75265 WARTSILA OF NORTH AMERICA, INC ACTUATOR, ANTI -SURGE 154-000- 00 ACTUATOR, ANTI -SURGE 154-000- 00 HECK GEN 75265 TOTAL FOR FUND 1: 10/25/2021 GEN 75266*4 WEST CENTRAL SANITATION INC GENERATOR 41 WATER & SEWER -INDUSTRIAL 401-547- 01 WASTE DISPOSAL-4TH AVE 401-550- 01 UTILITY ESP - WATER/WASTE 55/45- 401-930- 08 HECK GEN 75266 TOTAL FOR FUND 1: 10/25/2021 GEN 75267 WILD FLOWER PROPERTIES OVERPAYMENTS 142-000- 00 10/25/2021 GEN 75268 WILD FLOWER PROPERTIES OVERPAYMENTS 142-000- 00 10/25/2021 GEN 75269 WILD FLOWER PROPERTIES OVERPAYMENTS 142-000- 00 10/25/2021 GEN 75270 WILD FLOWER PROPERTIES OVERPAYMENTS 142-000- 00 10/25/2021 GEN 75271* ZAKARAI BANASZEWSKI OR BAILEY GET REFUND/APPLIED 235-000- 00 10/26/2021 GEN 897(E)* ALERUS HEALTH INSURANCE 401-926- 08 10/26/2021 GEN 902(E) MISO Deferred Energy Cost - Miso 174-000- 00 11/01/2021 GEN 909(E)* ARGUS DENTAL DENTAL INSURANCE -COBRA 242-000- 00 DENTAL INSURANCE-80o ELEC 242-000- 00 Page 9/38 Amount 74.00 18.00 6.43 1.56 99.99 1,873.27 489.52 878.10 1,876.64 92.55 149.40 621.95 508.44 490.25 396.24 178.75 388.88 639.96 327.36 3,334.42 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 10/38 Amount Fund: 1 ELECTRIC HECK GEN 909(E) TOTAL FOR FUND 1: 3,661.78 11/02/2021 GEN 903(E) MISO Deferred Energy Cost - Miso 174-000- 00 23,317.57 Deferred Energy Cost - Miso 174-000- 00 751.80 HECK GEN 903(E) TOTAL FOR FUND 1: 24,069.37 11/03/2021 GEN 7527714 ACE HARDWARE STATION EQUIPMENT (SWITCHGEAR, 107-362- 00 5.58 STATION EQUIPMENT (SWITCHGEAR, 107-362- 00 23.70 Sales Tax Receivable - Replace 186-000- 00 0.38 Sales Tax Receivable - Replace 186-000- 00 1.63 Generator 41 Material 402-554- 01 3.78 Generator 47 Material 402-554- 01 5.54 Generator 47 Material 402-554- 01 34.18 Accessory Plant - Materials 402-554- 01 57.68 Line - Materials 401-581- 02 5.32 HECK GEN 75277 TOTAL FOR FUND 1: 137.79 11/03/2021 GEN 75278 ADVANCED PROCESS SOLUTIONS Bray valve, 311200-11010390 402-554- 01 626.00 FREIGH/TARRIF 402-554- 01 94.89 HECK GEN 75278 TOTAL FOR FUND 1: 720.89 11/03/2021 GEN 75279 AEHB, LLC OVERPAYMENTS 142-000- 00 263.59 11/03/2021 GEN 75281 ANIXTER INC Burndy ring connector 107-362- 00 196.70 Burndy ring connector 107-362- 00 24.69 Sales Tax Receivable - Replace 186-000- 00 15.35 Sales Tax Receivable - Replace 186-000- 00 1.93 HECK GEN 75281 TOTAL FOR FUND 1: 238.67 11/03/2021 GEN 75282*4 BORDER STATES ELECTRIC SUPPLY CONDUCTOR, 44/0 600V URD TRIPLEX 154-000- 00 6,392.00 KIT, SPLICE, QS4-15SP-QCI-2-4/0-BCA 154-000- 00 11,547.84 SPLIT BOLT 48 KS-15 Cu BURNDY 154-000- 00 36.00 PADLOCK, TRANSFORMER, STERLING 4019 154-000- 00 132.80 GREASE, LUBRICATING, SILICONE 154-000- 00 25.06 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee Fund: 1 ELECTRIC CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Description 11/03/2021 GEN 75283 CENTRAL HYDRAULICS 11/03/2021 GEN 7528414 CINTAS CORPORATION 4470 11/03/2021 GEN 75285*4 CITY OF HUTCHINSON 11/03/2021 GEN 75286 CREEKSIDE SOILS 11/03/2021 GEN 75287 DAKOTA SUPPLY GROUP Account Dept Page 11/38 Amount CONNECTOR, PEDESTAL, 500 MCM 6 PLACE, 154-000- 00 310.74 Sales Tax Receivable - New 186-000- 00 1,236.43 Sales Tax Receivable - New 186-000- 00 4.50 Sales Tax Receivable - New 186-000- 00 10.85 Sales Tax Receivable - New 186-000- 00 21.36 SALES TAX 402-554- 01 101.11 SALES TAX 402-554- 01 36.30 TAX 402-554- 01 6.53 SALES TAX 402-554- 01 23.02 SALES TAX 402-554- 01 0.40 SHAD - BH20-01SIDE08 FG 20FT POLE 402-596- 02 2,700.00 TAX 402-596- 02 185.63 HECK GEN 75282 TOTAL FOR FUND 1: 22,770.57 Generator 47 Material 402-554- 01 53.44 Uniforms & Laundry 401-550- 01 443.41 Uniforms & Laundry 401-550- 01 450.46 UNIFORMS & LAUNDRY 401-588- 02 274.57 UNIFORMS & LAUNDRY 401-588- 02 267. 52 HECK GEN 75284 TOTAL FOR FUND 1: 1,435.96 VEHICLE/EQUIPMENT FUEL -POWER 401-550- 01 107.90 VEHICLES/EQUIPMENT FUEL-ELEC 401-588- 02 1,383.14 VEHICLES/EQUIPMENT FUEL-ADMIN 55/45 401-935- 08 72.67 HECK GEN 75285 TOTAL FOR FUND 1: 1,563.71 Materials 401-588- 02 30.46 ELBOW, FIBERGLASS, 2" IPS, .070" WALL, 154-000- 00 1,169.44 ELBOW, FIBERGLASS, 2" IPS, .070" WALL, 154-000- 00 107.45 ELBOW, FIBERGLASS, 2" IPS, .070" WALL, 154-000- 00 851.11 ELBOW, FIBERGLASS, 2" IPS, .070" WALL, 154-000- 00 78.20 ELBOW, FIBERGLASS, 4" IPS, .096" WALL, 154-000- 00 1,420.14 ELBOW, FIBERGLASS, 4" IPS, .096" WALL, 154-000- 00 130.49 ELBOW, FIBERGLASS, 4" IPS, .096" WALL, 154-000- 00 1,346.67 11/18/2021 01:42 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES User: JMartig CHECK DATE FROM 10/21/2021 - 11/19/2021 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Fund: 1 ELECTRIC ELBOW, FIBERGLASS, 4" IPS, .096" WALL, 154-000- 00 Sales Tax Receivable - New 186-000- 00 Sales Tax Receivable - New 186-000- 00 HECK GEN 75287 TOTAL FOR FUND 1: 11/03/2021 GEN 75288* EICH, DONALD Cip - Residential 401-916- 07 11/03/2021 GEN 75290 GREAT RIVER ENERGY TRANSMISSION EXPENSE 401-565- 03 11/03/2021 GEN 75292*4 HUTCHINSON LEADER Cip - Marketing 401-916- 07 Advertising/Printing 401-921- 08 HECK GEN 75292 TOTAL FOR FUND 1: 11/03/2021 GEN 75293*4 HUTCHINSON WHOLESALE SUPPLY CO Accessory Plant - Materials 402-554- 01 Vehicles - Material 402-598- 02 Power Equipment - Materials 402-598- 02 HECK GEN 75293 TOTAL FOR FUND 1: 11/03/2021 GEN 75298 LEAGUE OF MINNESOTA CITIES WORKERS COMPENSATION 401-546- 01 11/03/2021 GEN 75299 LIESTMAN, CALYN Cip - Residential 401-916- 07 11/03/2021 GEN 75300* MARCO TECHNOLOGIES, LLC OFFICE SUPPLIES 401-921- 08 11/03/2021 GEN 753014 MECHANICAL SYSTEMS INC Sales Tax Receivable - Replace 186-000- 00 Sales Tax Receivable - Replace 186-000- 00 EMS UPS 402-554- 01 EMS UPS 402-554- 01 HECK GEN 75301 TOTAL FOR FUND 1: 11/03/2021 GEN 75302* MEDICA HEALTH INSURANCE 85% ELEC 242-000- 00 HEALTH INSURANCE -COBRA 242-000- 00 HECK GEN 75302 TOTAL FOR FUND 1: 11/03/2021 GEN 75303 MN DEPT OF LABOR AND INDUSTRY Regulatory Expenses 401-928- 08 Page 12/38 Amount 123.73 361.66 33.23 5,622.12 425.00 184,829.43 312.95 35.76 23.51 119.67 25.00 515.86 331.45 12.00 4,641.00 52,269.49 100.00 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 13/38 Amount Fund: 1 ELECTRIC 11/03/2021 GEN 7530514 NORTHERN STATES SUPPLY INC ACCESSORY PLANT - MATERIALS 402-554- 01 21.00 MATERIALS 401-588- 02 21.00 HECK GEN 75305 TOTAL FOR FUND 1: 42.00 11/03/2021 GEN 75306* NUVERA TELEPHONE 401-921- 08 1,922.89 11/03/2021 GEN 75307 OXYGEN SERVICE COMPANY INC Distribution Inventory 154-000- 00 26.93 Sales Tax Receivable - New 186-000- 00 1.85 HECK GEN 75307 TOTAL FOR FUND 1: 28.78 11/03/2021 GEN 75308 QUADE ELECTRIC STATION EQUIPMENT (SWITCHGEAR, 107-362- 00 116.35 Sales Tax Receivable - Replace 186-000- 00 7.99 HECK GEN 75308 TOTAL FOR FUND 1: 124.34 11/03/2021 GEN 75309* QUADIENT-POSTAGE POSTAGE 401-921- 08 39.34 POSTAGE 401-921- 08 3,734.78 HECK GEN 75309 TOTAL FOR FUND 1: 3,774.12 11/03/2021 GEN 75310* RELIANCE STANDARD LIFE -LIFE LTD INSURANCE-80o ELEC 242-000- 00 1,490.71 LIFE INSURANCE-80o ELEC 242-000- 00 733.91 HECK GEN 75310 TOTAL FOR FUND 1: 2,224.62 11/03/2021 GEN 75311 SCARCELY LTD Maint Power Prod Plant - Build 402-554- 01 750.00 11/03/2021 GEN 75312 SCHAFER, JAMES Cip - Residential 401-916- 07 500.00 11/03/2021 GEN 75313* SHRED RIGHT OFFICE SUPPLIES -SHREDDING SERVICES 401-921- 08 12.78 11/03/2021 GEN 75315* STOCK, WYNN Cip - Residential 401-916- 07 25.00 11/03/2021 GEN 75316* UNITED PARCEL SERVICE MAIL SERVICES - UPS, FEDEX 401-921- 08 46.35 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 14/38 Amount Fund: 1 ELECTRIC 11/03/2021 GEN 75317* VERIZON WIRELESS TELEPHONE 401-921- 08 1,051.79 11/03/2021 GEN 75318 WARTSILA OF NORTH AMERICA, INC SENSOR, OVERSPEED, A BANK -LOWER, ST 173 154-000- 00 1,995.54 SENSOR, OVERSPEED, A BANK -LOWER, ST 173 154-000- 00 152.45 HECK GEN 75318 TOTAL FOR FUND 1: 2,147.99 11/03/2021 GEN 75319 WESCO RECEIVABLES CORP Meters (Boxes) 107-370- 00 1,813.50 Meters (Boxes) 107-370- 00 975.00 Sales Tax Receivable - Replace 186-000- 00 124.68 Sales Tax Receivable - Replace 186-000- 00 67.03 HECK GEN 75319 TOTAL FOR FUND 1: 2,980.21 11/03/2021 GEN 75320 WICKLUND, SCOTT Cip - Residential 401-916- 07 25.00 11/03/2021 GEN 753214 ZIEGLER POWER SYSTEMS CAT NGEO ULTRA 40 OIL 154-000- 00 3,480.40 OIL, CAT1 NGEO ULTRA 40 154-000- 00 3,480.40 EXTENSION-SPARKPLUG 154-000- 00 881.25 EXTENSION-SPARKPLUG 154-000- 00 1.26 TRANSMITTER, CYLINDER PRESSURE 154-000- 00 7, 350.00 TRANSMITTER, CYLINDER PRESSURE 154-000- 00 10. 52 SPARKPLUG, 193468327 154-000- 00 12,450.00 SPARKPLUG, 193468327 154-000- 00 it.78 GAS PRE -CHAMBER, COMPLETE, 342271-GG 154-000- 00 4,687.50 GAS PRE -CHAMBER, COMPLETE, 342271-GG 154-000- 00 14.28 THERMOCOUPLE COMPLETE, POSITION-200 154-000- 00 258.75 THERMOCOUPLE COMPLETE, POSITION-200 154-000- 00 0.79 SENSOR, NOX - POSITION 220 154-000- 00 2,137.50 SENSOR, NOX - POSITION 220 154-000- 00 233.49 SPARKPLUG, 193468327 154-000- 00 2,905.00 SPARKPLUG, 193468327 154-000- 00 6.47 TRANSMITTER, CYLINDER PRESSURE 154-000- 00 7, 350.00 TRANSMITTER, CYLINDER PRESSURE 154-000- 00 16.36 Generator 41 Material 402-554- 01 0.08 SALES TAX 402-554- 01 239.36 HECK GEN 75321 TOTAL FOR FUND 1: 45,515.19 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Description Fund: 1 ELECTRIC 11/03/2021 GEN 906(E)* CITIZENS BANK 11/04/2021 GEN 75322* AHMAN MCKINNEY 11/09/2021 GEN 904(E) MISO 11/11/2021 GEN 914(E) MISO 11/12/2021 GEN 915(E) MISO 11/12/2021 GEN 916(E) MISO 11/15/2021 GEN 910(E)* ALERUS 11/16/2021 GEN 905(E) MISO 11/16/2021 GEN 911(E)*4 VISA Account Dept Page 15/38 Amount Office Supplies 401-921- 08 76.50 DEP REFUND/APPLIED 235-000- 00 65.00 Deferred Energy Cost - Miso 174-000- 00 38,673.61 Deferred Energy Cost - Miso 174-000- 00 720.90 HECK GEN 904(E) TOTAL FOR FUND 1: 39,394.51 Transmission Expense 401-565- 03 7,907.81 SCHEDULE 26 401-565- 03 15,453.65 SCHEDULE 26A 401-565- 03 31,804.96 HECK GEN 915(E) TOTAL FOR FUND 1: 47,258.61 SCHEDULE 1 401-565- 03 4,604.98 SCHEDULE 2 401-565- 03 13,179.29 SCHEDULE 10 401-565- 03 94.49 SCHEDULE 26 401-565- 03 213.79 HECK GEN 916(E) TOTAL FOR FUND 1: 18,092.55 HEALTH INSURANCE 401-926- 08 388.88 Deferred Energy Cost - Miso 174-000- 00 42,904.07 Deferred Energy Cost - Miso 174-000- 00 706.41 HECK GEN 905(E) TOTAL FOR FUND 1: 43,610.48 FILTER, ELEMENT AIR, ATLAS COPCO 154-000- 00 439.50 Sales Tax Receivable - Replace 186-000- 00 7.80 Supplies 401-550- 01 513.43 Supplies 401-550- 01 85.36 Uniforms & Laundry 401-550- 01 54.99 Generator 45 Material 402-554- 01 (10.41) ACCESSORY PLANT - MATERIALS - 56.06 402-554- 01 815.44 11/18/2021 01:42 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES Page 16/38 User: JMartig CHECK DATE FROM 10/21/2021 - 11/19/2021 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Amount Fund: 1 ELECTRIC Accessory Plant - Materials 402-554- 01 273.37 Accessory Plant - Materials 402-554- 01 99.19 Purchased Power 401-555- 02 2,725.00 Line - Materials 401-581- 02 35.18 Materials 401-588- 02 22.45 Uniforms & Laundry 401-588- 02 150.00 Other Equipment - Materials 402-598- 02 130.68 Cip - Marketing 401-916- 07 159.71 Office Supplies 401-921- 08 (21.55) Office Supplies 401-921- 08 563.92 Breakroom/Recognition Banquet 401-926- 08 230.00 Training - Expense 401-930- 08 1,273.00 Grounds - Materials 401-935- 08 130.02 Grounds - Materials 401-935- 08 13.25 HECK GEN 911(E) TOTAL FOR FUND 1: 7,690.33 11/16/2021 GEN 912(E) ALERUS HEALTH INSURANCE 401-546- 01 374. 94 11/18/2021 GEN 7532314 ACE HARDWARE STATION EQUIPMENT (SWITCHGEAR, 107-362- 00 21.36 Sales Tax Receivable - Replace 186-000- 00 0.33 Generator 45 Material 402-554- 01 10.07 Generator 46 Material 402-554- 01 4.80 Generator 49 Material 402-554- 01 8.74 Generator 49 Material 402-554- 01 7.31 Maintenance Other - Materials 402-554- 01 2.21 Materials 401-588- 02 11.93 Building & Grounds - Materials 402-592- 02 30.98 Building & Grounds - Materials 402-592- 02 (30.98) CHECK GEN 75323 TOTAL FOR FUND 1: 66.75 11/18/2021 GEN 75324* AMERICAN PAYMENT CENTERS INC BOX RENTAL 401-903- 06 51.14 11/18/2021 GEN 75325 AMERICAN TEST CENTER INC Vehicles - Material 402-598- 02 1,580.00 11/18/2021 GEN 75326* BIRCHDALE FIRE & SAFETY GROUNDS - OUTSIDE SERVICES 401-935- 08 35.27 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Description Fund: 1 ELECTRIC 11/18/2021 GEN 7532714 BORDER STATES ELECTRIC SUPPLY 11/18/2021 GEN 75329 CARLY'S SHOE STORE 11/18/2021 GEN 75330 CARRIER COMMERCIAL SERVICE 11/18/2021 GEN 75331 CE POWER 11/18/2021 GEN 753324 CHAMBERLAIN OIL COMPANY INC 11/18/2021 GEN 75333*4 CINTAS CORPORATION 4470 Page 17/38 Account Dept Amount CONNECTOR, PEDESTAL, 500 MCM 6 PLACE, 154-000- 00 155.37 SPLICE, 42 TO 42 AL/CU YSU2R2R 154-000- 00 12.00 TAPE, HIGH VOLTAGE BUS, 2" WIDE x 25 154-000- 00 440.64 SPLICE, 44 SOL CU NICOPRESS 1 204-P GRV 154-000- 00 80.04 TAPE, DUCT, 2 X 60 YD, 3M, 43939 154-000- 00 52.68 KIT, T-OP, COMPLETE ASSEMBLY, 600A 154-000- 00 1,998.71 CONNECTOR, PEDESTAL, 500 MCM 6 PLACE, 154-000- 00 31.07 Sales Tax Receivable - New 186-000- 00 11.51 Sales Tax Receivable - New 186-000- 00 30.29 Sales Tax Receivable - New 186-000- 00 13.28 Sales Tax Receivable - New 186-000- 00 137.41 Sales Tax Receivable - New 186-000- 00 2.14 SAFETY VEST, RVZ2410SEL 401-588- 02 20.00 SALES TAX 401-588- 02 1.38 LIGHTS, GE, F32T8/SPX41/ECO2 401-935- 08 565.92 SALES TAX 401-935- 08 0.43 HECK GEN 75327 TOTAL FOR FUND 1: 3,552.87 Uniforms & Laundry 401-588- 02 195.50 COl B - 19XR 1500 Tons - Replace Oil 402-554- 01 12,475.00 Plant 42 Substation relay testing 107-362- 00 4,936.00 AERO SHELL TURBINE OIL 500 154-000- 00 4, 841.65 DRUM DEPOSIT 401-550- 01 40.00 Supplies 401-550- 01 (80.00) SALES TAX 401-588- 02 335.32 HECK GEN 75332 TOTAL FOR FUND 1: 5,136.97 Uniforms & Laundry 401-550- 01 495.00 Uniforms & Laundry 401-550- 01 443.41 UNIFORMS & LAUNDRY 401-588- 02 274.57 UNIFORMS & LAUNDRY 401-588- 02 267. 52 HECK GEN 75333 TOTAL FOR FUND 1: 1,480.50 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Description Fund: 1 ELECTRIC 11/18/2021 GEN 7533414 CITY OF HUTCHINSON 11/18/2021 GEN 75335 CONNOR CAIN OR DAKOTA MOBLEY 11/18/2021 GEN 75336 CONTROL ANALYTICS INC. 11/18/2021 GEN 75338 CREEKSIDE SOILS 11/18/2021 GEN 75339 ELIJAH LLOVERA 11/18/2021 GEN 753404 EMBROIDERY PLUS 11/18/2021 GEN 75341 FASTENAL COMPANY 11/18/2021 GEN 753424 FS3 INC 11/18/2021 GEN 75344* GEISER, SARA Account Dept Page 18/38 Amount Generator 41 Water & Sewer 401-547- 01 238.13 Generator 41 Water & Sewer 401-547- 01 194.79 Waste Disposal 401-550- 01 3,093.26 Waste Disposal 401-550- 01 505.24 Waste Disposal 401-550- 01 68.10 VEHICLES/EQUIPMENT FUEL-ELEC 401-588- 02 1,726. 90 Line - Materials 402-594- 02 8.66 Utility Expenses - Water/Waste 401-930- 08 8.62 Utility Expenses - Water/Waste 401-930- 08 477.93 VEHICLES/EQUIPMENT FUEL-ADMIN 55/45 401-935- 08 72.19 CHECK GEN 75334 TOTAL FOR FUND 1: 6,393.82 OVERPAYMENTS 142-000- 00 3.23 10o payment- factory acceptance test 107-344- 00 5,379.40 10o payment- final payment- training 107-344- 00 5,379.40 Sales Tax Receivable - Replace 186-000- 00 739.67 HECK GEN 75336 TOTAL FOR FUND 1: 11,498.47 Materials 401-588- 02 30.46 OVERPAYMENTS 142-000- 00 60.54 Uniforms & Laundry 401-550- 01 10.69 Uniforms & Laundry 401-588- 02 10.69 HECK GEN 75340 TOTAL FOR FUND 1: 21.38 Uniforms & Laundry 401-550- 01 42.69 COMPOUND, BORING ROD & DRILL PIPE, 1 154-000- 00 86.00 Sales Tax Receivable - New 186-000- 00 6.77 FRIEGHT 402-554- 01 12.44 HECK GEN 75342 TOTAL FOR FUND 1: 105.21 Cip - Residential 401-916- 07 200.00 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 19/38 Amount Fund: 1 ELECTRIC 11/18/2021 GEN 7534514 GOPHER STATE ONE -CALL INC Line - Materials 401-581- 02 114.08 11/18/2021 GEN 75346 GRAINGER INC 3UUT2,30 to 500ML plastic sample 402-554- 01 44.14 11/18/2021 GEN 75347 GREAT RIVER ENERGY PURCHASED POWER 401-555- 02 834.00 11/18/2021 GEN 75348*4 GREEN EARTH LAWN CARE, INC Line - Materials 401-581- 02 300.00 Line - Materials 401-581- 02 150.00 HECK GEN 75348 TOTAL FOR FUND 1: 450.00 11/18/2021 GEN 75350*4 HEARING HELP AUDIOLOGY CLINIC Drug And Alcohol Testing - Lab 401-546- 01 35.00 Drug And Alcohol Testing - Lab 401-546- 01 87.50 Drug And Alcohol Testing - Lab 401-546- 01 75.00 HECK GEN 75350 TOTAL FOR FUND 1: 197.50 11/18/2021 GEN 75351* HILLYARD/HUTCHINSON Grounds - Materials 401-935- 08 19.21 11/18/2021 GEN 75352 HINTZMAN ENVIRONMENTAL SERVICES Generator 41 Outside Services 402-554- 01 1,650.00 Generator 41 Outside Services 402-554- 01 900.00 HECK GEN 75352 TOTAL FOR FUND 1: 2,550.00 11/18/2021 GEN 75353* HUTCHFIELD SERVICES INC Grounds - Outside Services 401-935- 08 1,112.73 11/18/2021 GEN 75354*4 HUTCHINSON CO-OP Supplies 401-550- 01 19.20 11/18/2021 GEN 75355* HUTCHINSON LEADER Advertising/Printing 401-921- 08 47.70 11/18/2021 GEN 75356 IRBY TOOL & SAFETY Uniforms & Laundry 401-588- 02 333.33 11/18/2021 GEN 75357 JLR GARAGE DOOR SERVICE INC Maint Power Prod Plant - Build 402-554- 01 1,764.87 11/18/2021 GEN 753584 JOHN HENRY FOSTER Sales Tax Receivable - Replace 186-000- 00 656.34 Sales Tax Receivable - Replace 186-000- 00 13.86 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 20/38 Amount Fund: 1 ELECTRIC Quincy oustside repair 402-554- 01 463.85 PLC RETROFIT KIT 402-554- 01 11,650.76 HECK GEN 75358 TOTAL FOR FUND 1: 12,784.81 11/18/2021 GEN 75359 JUDITH BEATTY OVERPAYMENTS 142-000- 00 46.59 11/18/2021 GEN 75360 KAREN AUER OVERPAYMENTS 142-000- 00 49. 93 11/18/2021 GEN 753614 KURITA AMERICA INC TOWER INHIBITOR, F-9173 154-000- 00 6,232.38 SALES TAX & FREIGHT 402-554- 01 527.08 CHECK GEN 75361 TOTAL FOR FUND 1: 6,759.46 11/18/2021 GEN 75362*4 LOCATORS & SUPPLIES INC SAFETY GLASSES, GRAY, SILVER MIRROR, 401-550- 01 39. 90 SAFETY GLASSES, GRAY, SILVER MIRROR, 401-550- 01 3.84 SALES TAX 401-550- 01 9.08 SALES TAX 401-550- 01 0.87 SAFETY GLASSES, GRAY, SILVER MIRROR, 401-588- 02 39. 90 SAFETY GLASSES, GRAY, SILVER MIRROR, 401-588- 02 3.84 SAFETY VEST, MLK-FM389Z-L 401-588- 02 73.00 SAFETY VEST, MLK-FM389Z-L 401-588- 02 2.61 TAX & FREIGHT 401-588- 02 13.82 SAFETY VEST, MLK-FM389Z-2X 401-588- 02 158.00 SAFETY VEST, MLK-FM389Z-2X 401-588- 02 5.66 HECK GEN 75362 TOTAL FOR FUND 1: 350.52 11/18/2021 GEN 75363 MARY ANN DROP, OVERPAYMENTS 142-000- 00 74.68 11/18/2021 GEN 753644 MATHESON TRI-GAS INC Sales Tax Receivable - Replace 186-000- 00 89.72 Generator 41 Material 402-554- 01 68.52 SEC 3813A660 402-554- 01 1,304.98 HECK GEN 75364 TOTAL FOR FUND 1: 1,463.22 11/18/2021 GEN 753654 MCC ENERGY SOLUTIONS, LLC I AM MANAGEMENT FEES 401-555- 02 3,900.00 IAM USAGE FEES 401-556- 03 3,050.00 CHECK GEN 75365 TOTAL FOR FUND 1: 6,950.00 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 21/38 Amount Fund: 1 ELECTRIC 11/18/2021 GEN 753684 MIRATECH CELL, NO -MEASURING, 0-100 DIM 154-000- 00 1,137.06 Gasket 402-554- 01 6.38 Generator 46 Material 402-554- 01 47.26 HECK GEN 75368 TOTAL FOR FUND 1: 1,190.70 11/18/2021 GEN 75371 NYGAARD INDUSTRIAL PAINTING INC Meters And All Fittings 107-381- 00 620.00 11/18/2021 GEN 75372 O'REILLY AUTOMOTIVE INC Accessory Plant - Materials 402-554- 01 14.22 11/18/2021 GEN 75373 OXYGEN SERVICE COMPANY INC Materials 402-574- 03 203.89 Materials 402-574- 03 144.31 HECK GEN 75373 TOTAL FOR FUND 1: 348.20 11/18/2021 GEN 75374* PREMIUM WATERS INC OFFICE SUPPLIES -BOTTLED WATER 401-921- 08 21.75 11/18/2021 GEN 753764 PROCHASKA LLC CHLOR 125 (SANI-CHLOR) 154-000- 00 1,044.70 SULFURIC ACID 66 BE 154-000- 00 1,343.25 Materials 401-588- 02 1.19 HECK GEN 75376 TOTAL FOR FUND 1: 2,389.14 11/18/2021 GEN 753784 PSI ENGINEERING LLC KIT, SEAL FOR PRE -HEAT PUMP 154-000- 00 486.00 Sales Tax Receivable - Replace 186-000- 00 35.27 FREIGHT 401-588- 02 27.03 HECK GEN 75378 TOTAL FOR FUND 1: 548.30 11/18/2021 GEN 75379*4 QUADE ELECTRIC STATION EQUIPMENT (SWITCHGEAR, 107-362- 00 120.38 STATION EQUIPMENT (SWITCHGEAR, 107-362- 00 249. 90 STATION EQUIPMENT (SWITCHGEAR, 107-362- 00 505.30 STATION EQUIPMENT (SWITCHGEAR, 107-362- 00 147.90 Sales Tax Receivable - New 186-000- 00 17.18 Sales Tax Receivable - New 186-000- 00 34.73 Sales Tax Receivable - New 186-000- 00 10.16 Sales Tax Receivable - Replace 186-000- 00 8.27 Generator 45 Material 402-554- 01 70.32 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 22/38 Amount Fund: 1 ELECTRIC Materials 401-588- 02 196.57 Building & Grounds - Materials 402-592- 02 95.60 Grounds - Materials 401-935- 08 307.80 Grounds - Materials 401-935- 08 10.69 HECK GEN 75379 TOTAL FOR FUND 1: 1,774.80 11/18/2021 GEN 753804 KID EQUIPMENT PRODRILL, 1/2 GAL BAGS 154-000- 00 129. 90 PRODYNE, 1/2 GAL BAGS 154-000- 00 69.90 FREIGHT 402-554- 01 32.70 HECK GEN 75380 TOTAL FOR FUND 1: 232.50 11/18/2021 GEN 7538114 RUNNING'S SUPPLY INC Line - Materials 401-581- 02 80.79 11/18/2021 GEN 75384* STANDARD PRINTING & MAILING OFFICE SUPPLIES 401-921- 08 303.53 11/18/2021 GEN 75385 STOCK, WYNN Cip - Residential 401-916- 07 28.00 11/18/2021 GEN 75386 SURVALENT TECHNOLOGY, INC Silver SCADA Support Plan 401-921- 08 16,427.00 SALES TAX 401-921- 08 1,129.36 HECK GEN 75386 TOTAL FOR FUND 1: 17,556.36 11/18/2021 GEN 75387 TWO SOCKETS -TWO METERS VT Pack Cat# A6003012 107-370- 00 2,654.55 Wire Harness Cat# WH-STD-12 107-370- 00 300.75 Meters (Boxes) 107-370- 00 0.01 HECK GEN 75387 TOTAL FOR FUND 1: 2,955.31 11/18/2021 GEN 75388* UIS/SOURCECORP COLLECTION - MATERIALS 401-903- 06 225.98 11/18/2021 GEN 75389 WESCO RECEIVABLES CORP Meters (Boxes) 107-370- 00 1,304.20 11/18/2021 GEN 75390*4 WEST CENTRAL SANITATION INC GENERATOR 41 WATER & SEWER -INDUSTRIAL 401-547- 01 168.34 WASTE DISPOSAL-4TH AVE 401-550- 01 151.31 UTILITY ESP - WATER/WASTE 55/45- 401-930- 08 187.61 HECK GEN 75390 TOTAL FOR FUND 1: 507.26 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Description Fund: 1 ELECTRIC 11/18/2021 GEN 75392 ZIEGLER POWER SYSTEMS 11/19/2021 GEN 907(E)*4 BP CANANDA ENERGY SOLUTIONS Account Dept Page 23/38 Amount Outside Services 402-554- 01 359.12 GENERATOR 41 NATURAL GAS 401-547- 01 16, 006.73 GENERATOR 41 NATURAL GAS 401-547- 01 168.78 Generator 41 Aux Boiler 401-547- 01 41.10 GENERATOR 43 NATURAL GAS 401-547- 01 12.98 GENERATOR 44 NATURAL GAS 401-547- 01 12.98 GENERATOR 45 NATURAL GAS 401-547- 01 82, 329. 90 GENERATOR 45 NATURAL GAS 401-547- 01 25. 97 Generator 46 Fuel Oil 401-547- 01 43,747.59 Generator 46 Fuel Oil 401-547- 01 31.65 Generator 47 Natural Gas 401-547- 01 61,786.62 Generator 47 Natural Gas 401-547- 01 31.65 Generator 49 Natural Gas 401-547- 01 81.14 Utility Expenses - Water/Waste 401-930- 08 152.97 HECK GEN 907(E) TOTAL FOR FUND 1: 204,430.06 Total for fund 1 ELECTRIC 1,855,177.06 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 24/38 Amount Fund: 2 GAS 10/21/2021 GEN 917(E)* MINNESOTA REVENUE State Sales Tax 242-000- 00 14,145.00 City Sales Tax 242-000- 00 1,008.00 COUNTY SALES TAX 242-000- 00 1, 008.00 HECK GEN 917(E) TOTAL FOR FUND 2: 16,161.00 10/25/2021 GEN 75157*4 ACE HARDWARE Materials 402-892- 04 3.20 10/25/2021 GEN 75158* ALICIA NUSSBAUM DEP REFUND/APPLIED 235-000- 00 26.25 10/25/2021 GEN 75159* ALLISON EBLEN DEP REFUND/APPLIED 235-000- 00 26.25 10/25/2021 GEN 75161* ANDREW RIVERA OR MOLLY RIVERA DEP REFUND/APPLIED 235-000- 00 70.00 10/25/2021 GEN 75162* ASHLEE LEONARD OR JONATHON LEONARD DEP REFUND/APPLIED 235-000- 00 119.00 10/25/2021 GEN 75163* ASHLEY HALLETT OR BEN ROHLOFF DEP REFUND/APPLIED 235-000- 00 91.00 10/25/2021 GEN 75164* BARBARA BAUM DEP REFUND/APPLIED 235-000- 00 131.25 10/25/2021 GEN 75166*4 BORDER STATES ELECTRIC SUPPLY BRACKET, WALL MT RISER, 3/4", REFER TO 154-000- 00 361.80 SOCK-0-LET, 1", 36-3X1 SW ANVILET 154-000- 00 9.78 WIRE, 410 SOLID BARE CU, WITH 45 MILS 154-000- 00 1,750.00 ELL, STREET, 90 DEG, 1", BM, CLASS 150 154-000- 00 47.41 UNION, INSULATING, GRND JOINT, CLASS 154-000- 00 24.10 NIPPLE, 1" X 2 1/2", BM, STD, SMLS, TEE 154-000- 00 21.10 TAPE, BELOW GROUND USE, 41 WAX, 4" X 9 154-000- 00 248.88 FITTING, TRANSITION, 2" WE X 2" IDS, 154-000- 00 39.18 BATTERY, SIZE AA 401-874- 04 37.44 BATTERY, SIZE C 401-874- 04 42.48 BATTERY, SIZE D 401-874- 04 67.68 Materials 401-874- 04 25.54 HECK GEN 75166 TOTAL FOR FUND 2: 2,675.39 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 25/38 Amount Fund: 2 GAS 10/25/2021 GEN 75167* BRENT MOHLER DEP REFUND/APPLIED 235-000- 00 42.00 10/25/2021 GEN 75168* BRIAN CORDIE DEP REFUND/APPLIED 235-000- 00 73.50 10/25/2021 GEN 75169* BRIANA WEHDE OR JEFFREY GORDON DEP REFUND/APPLIED 235-000- 00 70.00 10/25/2021 GEN 75170 BROWN COUNTY RURAL ELECTRIC Utilities (Electric, Satellite 401-856- 05 198.00 10/25/2021 GEN 75171* CAROL LESKE DEP REFUND/APPLIED 235-000- 00 105.00 10/25/2021 GEN 75172* CARY GLIEDEN DEP REFUND/APPLIED 235-000- 00 70.00 10/25/2021 GEN 75174* CENTRICK TYME LLC DEP REFUND/APPLIED 235-000- 00 329.00 10/25/2021 GEN 75175 CENTURYLINK Utilities (Electric, Satellite 401-856- 05 69.24 10/25/2021 GEN 75177* CHRISTINE BOWERS DEP REFUND/APPLIED 235-000- 00 45.50 10/25/2021 GEN 75178*4 CINTAS CORPORATION 4470 UNIFORMS & LAUNDRY 401-880- 04 238.99 UNIFORMS & LAUNDRY 401-880- 04 191. 94 HECK GEN 75178 TOTAL FOR FUND 2: 430.93 10/25/2021 GEN 75179*4 CITY OF HUTCHINSON IT ADMIN AND SUPPORT 250 401-921- 08 775.98 Utility Expenses - Water/Waste 401-930- 08 7.05 Utility Expenses - Water/Waste 401-930- 08 386.24 HECK GEN 75179 TOTAL FOR FUND 2: 1,169.27 10/25/2021 GEN 75181 CONTROL EQUIPMENT SALES Part# 40-143209075-KIT 6' Stainless 402-892- 04 395.00 Part# 40-143209075-KIT 6' Stainless 402-892- 04 32.66 Part# 40- 2444 Memory Battires 402-892- 04 50.00 Part# 40- 2444 Memory Battires 402-892- 04 4.96 Materials 402-892- 04 31.28 Materials 402-892- 04 2.59 11/18/2021 01:42 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES User: JMartig CHECK DATE FROM 10/21/2021 - 11/19/2021 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Fund: 2 GAS HECK GEN 75181 TOTAL FOR FUND 2: 10/25/2021 GEN 75183* COREY KIRK DEP REFUND/APPLIED 235-000- 00 10/25/2021 GEN 75188* DESTINY SANTA CRUZ OR FERNANDO DEP REFUND/APPLIED 235-000- 00 10/25/2021 GEN 75190*4 DITCH WITCH OF MN Power Equipment - Materials 402-895- 04 10/25/2021 GEN 75191* DOREEN KRAMER DEP REFUND/APPLIED 235-000- 00 10/25/2021 GEN 75192* DYLAN BELETTI DEP REFUND/APPLIED 235-000- 00 10/25/2021 GEN 75193* DYLAN KING OR GIANNA CLEAR DEP REFUND/APPLIED 235-000- 00 10/25/2021 GEN 75194* EMAELIA TOBIN DEP REFUND/APPLIED 235-000- 00 10/25/2021 GEN 75199*4 GOPHER STATE ONE -CALL INC Materials 401-874- 04 Line - Outside Services 401-856- 05 HECK GEN 75199 TOTAL FOR FUND 2: 10/25/2021 GEN 75201 GROEBNER & ASSOCIATES INC SENSUS P/N# 934352 8" AAT-90 1754WP 416-108- 04 SENSUS P/N# 934352 8" AAT-90 1754WP 416-108- 04 SENSUS P/N# 006-24-423-01-00 KIT, 416-108- 04 SENSUS P/N# 006-24-423-01-00 KIT, 416-108- 04 SENSUS P/N# 006-36-345-20 8" AAT-90 416-108- 04 SENSUS P/N# 006-36-345-20 8" AAT-90 416-108- 04 SENSUS P/N# 950190 6" AAT-35 15004WP 416-108- 04 SENSUS P/N# 950190 6" AAT-35 15004WP 416-108- 04 SENSUS P/N# 006-24-056-00 SHEAR PIN, 416-108- 04 SENSUS P/N# 006-24-056-00 SHEAR PIN, 416-108- 04 SENSUS P/N# 006-24-160-03 GASKET, 416-108- 04 SENSUS P/N# 006-24-160-03 GASKET, 416-108- 04 SENSUS P/N# 006-24-313-20 FOLLOWER 416-108- 04 Page 26/38 Amount 526.49 29.75 70.00 1,438.97 42.00 24.50 56.00 49.00 183.60 8.68 0.34 81.00 3.20 70.37 2.78 17.36 0.69 0.66 0.03 5.80 0.23 179.92 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 27/38 Amount Fund: 2 GAS SENSUS P/N# 006-24-313-20 FOLLOWER 416-108- 04 7.10 SENSUS P/N# 006-31-334-00 DRIVER 416-108- 04 340.13 SENSUS P/N# 006-31-334-00 DRIVER 416-108- 04 11.41 SENSUS P/N# 006-34-345-90 6" AAT-35 416-108- 04 58.00 SENSUS P/N# 006-34-345-90 6" AAT-35 416-108- 04 2.29 HECK GEN 75201 TOTAL FOR FUND 2: 789.99 10/25/2021 GEN 75204* HEIDI VANCE DEP REFUND/APPLIED 235-000- 00 105.00 10/25/2021 GEN 75205*4 HILLYARD/HUTCHINSON Materials 401-874- 04 141.26 Grounds - Materials 401-935- 08 25.11 Grounds - Materials 401-935- 08 151.81 Grounds - Materials 401-935- 08 25.31 Grounds - Materials 401-935- 08 109.26 HECK GEN 75205 TOTAL FOR FUND 2: 452.75 10/25/2021 GEN 75206* HUNTER TRNKA DEP REFUND/APPLIED 235-000- 00 26.25 10/25/2021 GEN 75207* INNOVATIVE OFFICE SOLUTIONS OFFICE SUPPLIES 401-921- 08 30.51 10/25/2021 GEN 75208* JACOB MALONE DEP REFUND/APPLIED 235-000- 00 26.25 10/25/2021 GEN 75209* JARED VOLLER DEP REFUND/APPLIED 235-000- 00 17.50 10/25/2021 GEN 75210* JAY CARMONA DEP REFUND/APPLIED 235-000- 00 26.25 10/25/2021 GEN 75211* JENNIFER GRATZ OR NOAH RUECKERT DEP REFUND/APPLIED 235-000- 00 38.50 10/25/2021 GEN 75213* JOSE SEGOVIANO ARMENIA DEP REFUND/APPLIED 235-000- 00 45.50 10/25/2021 GEN 75215* JUAN CARLOS OR NICKOLE MORALES DEP REFUND/APPLIED 235-000- 00 68.25 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 28/38 Amount Fund: 2 GAS 10/25/2021 GEN 75216* KAYLA JOCHUM OR TANNER TIMM DEP REFUND/APPLIED 235-000- 00 19.25 10/25/2021 GEN 75218* KENDRA NEWCOMBE DEP REFUND/APPLIED 235-000- 00 21.00 10/25/2021 GEN 75220* LEONARDO CABRERA DEP REFUND/APPLIED 235-000- 00 70.00 10/25/2021 GEN 75221* MARCO ALVAREZ OR CAITLIN PETERSON DEP REFUND/APPLIED 235-000- 00 87.50 10/25/2021 GEN 75222* MARCUS HAHN DEP REFUND/APPLIED 235-000- 00 42.00 10/25/2021 GEN 75223* MARCUS HAHN DEP REFUND/APPLIED 235-000- 00 24.50 10/25/2021 GEN 75224* MARIA FIGUEROA DEP REFUND/APPLIED 235-000- 00 21.00 10/25/2021 GEN 75226* MARK UBBEN DEP REFUND/APPLIED 235-000- 00 28.00 10/25/2021 GEN 75227* MARKIS DETTMAN DEP REFUND/APPLIED 235-000- 00 122.50 10/25/2021 GEN 75230*4 MCLEOD COOPERATVIE POWER ASSN MISC EXPENSE -GAS LINE PUMP 401-880- 04 59.22 UTILITIES (ELECTRIC, SATELLITE -PIPELINE 401-856- 05 40.58 HECK GEN 75230 TOTAL FOR FUND 2: 99.80 10/25/2021 GEN 75231* MELINDA LARSON DEP REFUND/APPLIED 235-000- 00 119.00 10/25/2021 GEN 75232* MIKKAYLA THEIS DEP REFUND/APPLIED 235-000- 00 77.00 10/25/2021 GEN 75233*4 MN MUNICIPAL UTILITIES ASSOCIATION MISC SERVICES-QTR SAFETY/MGMT 250 401-923- 08 1,640.62 10/25/2021 GEN 75234 NORTHERN BORDER PIPELINE CO LINE - OUTSIDE SERVICES -INTERCONNECT 401-856- 05 2,000.00 10/25/2021 GEN 75236 NOVASPECT INC FISHER P/N# R6365X00022 TYPE 6365 402-892- 04 1,085.00 FISHER P/N# R6365X00022 TYPE 6365 402-892- 04 7.34 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee Fund: 2 GAS CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 10/25/2021 GEN 75238 PIETRO FIORENTINI USA INC 10/25/2021 GEN 752391 PREMIUM WATERS INC Description Account Dept Page 29/38 Amount FISHER P/N# REZH2XOON22 EZH 2 NPS/DN 50 402-892- 04 3,036.00 FISHER P/N# REZH2XOON22 EZH 2 NPS/DN 50 402-892- 04 20. 52 HECK GEN 75236 TOTAL FOR FUND 2: 4,148.86 Materials 402-892- 04 150.93 IF P/N# 4903291 KIT 204/A - 204/A/FO 402-892- 04 57.12 IF P/N# 4903291 KIT 204/A - 204/A/FO 402-892- 04 1.95 IF P/N# 4900879V KIT R14/A 402-892- 04 106.40 IF P/N# 4900879V KIT R14/A 402-892- 04 3.62 IF P/N# 4901720 KIT APERVAL IN 2" 402-892- 04 104.16 IF P/N# 4901720 KIT APERVAL IN 2" 402-892- 04 3.55 IF P/N# PF4904501 KIT PILOTA 302/A 402-892- 04 142.24 IF P/N# PF4904501 KIT PILOTA 302/A 402-892- 04 4.84 IF P/N4 4903451 KIT AR/100 402-892- 04 25.76 IF P/N# 4903451 KIT AR/100 402-892- 04 0.88 IF P/N# 4902500 KIT REVAL 182 DVGW-CE 402-892- 04 314.72 IF P/N# 4902500 KIT REVAL 182 DVGW-CE 402-892- 04 10.72 IF P/N# 4900824 2" PVS 782 IF REPAIR 402-892- 04 143.36 IF P/N# 4900824 2" PVS 782 IF REPAIR 402-892- 04 4.88 IF P/N# 4900461 P16/M REPAIR KIT 402-892- 04 54.99 IF P/N# 4900461 P16/M REPAIR KIT 402-892- 04 1.87 IF P/N# PF4700011 KIT R14/A/FO 402-892- 04 56.00 IF P/N# PF4700011 KIT R14/A/FO 402-892- 04 1.91 IF P/N# PF4700073 KIT REFLUX 819 IN 3" 402-892- 04 266.56 IF P/N# PF4700073 KIT REFLUX 819 IN 3" 402-892- 04 9.08 IF P/N# PF4700145 KIT DB 819-819 TO 402-892- 04 213.92 IF P/N# PF4700145 KIT DB 819-819 TO 402-892- 04 7.28 IF P/N# PF4700608 KIT 204/A - 204/A/FO 402-892- 04 125.44 IF P/N# PF4700608 KIT 204/A - 204/A/FO 402-892- 04 4.27 IF P/N# PF4700009 KIT R14/A 402-892- 04 56.00 IF P/N# PF4700009 KIT R14/A 402-892- 04 1.91 IF P/N# PF4700063 KIT REFLUX 819 IN 3" 402-892- 04 528.64 IF P/N# PF4700063 KIT REFLUX 819 IN 3" 402-892- 04 18.00 HECK GEN 75238 TOTAL FOR FUND 2: 2,421.00 OFFICE SUPPLIES -BOTTLED WATER 401-921- 08 3.92 11/18/2021 01:42 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES Page 30/38 User: JMartig CHECK DATE FROM 10/21/2021 - 11/19/2021 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Amount Fund: 2 GAS 10/25/2021 GEN 75240*4 PRO AUTO & TRANSMISSION REPAIR VEHICLES - MATERIAL -GAS 402-895- 04 664. 90 VEHICLES - MATERIAL -GAS 402-895- 04 48.44 HECK GEN 75240 TOTAL FOR FUND 2: 713.34 10/25/2021 GEN 75241* Q MARKET RESEARCH Misc Services 401-923- 08 1,500.00 10/25/2021 GEN 75243* QUADIENT-LEASE LEASE/SERVICE AGREEMENTS 401-921- 08 218.10 10/25/2021 GEN 75245 REVIER WELDING LLC Materials 402-863- 05 3,266.00 10/25/2021 GEN 75246* RICHARD BORUCKI DEP REFUND/APPLIED 235-000- 00 94.50 10/25/2021 GEN 752474 RICHARDS MANUFACTURING CO. METER BAR ASSEMBLY, 425, AS PER 154-000- 00 1,391.40 Materials 401-874- 04 152.80 HECK GEN 75247 TOTAL FOR FUND 2: 1,544.20 10/25/2021 GEN 75248* SAMANTHA MURPHY OR HUNTER ANDERSON DEP REFUND/APPLIED 235-000- 00 17.50 10/25/2021 GEN 75249* SAVANNAH COLLINS DEP REFUND/APPLIED 235-000- 00 35.00 10/25/2021 GEN 75250* SEAN FRENCH OR ASHLEY FRENCH DEP REFUND/APPLIED 235-000- 00 126.00 10/25/2021 GEN 75251* SHAWN OWENS OR COLLEEN OWENS DEP REFUND/APPLIED 235-000- 00 70.00 10/25/2021 GEN 75252 SPRINT Utilities (Electric, Satellite 401-856- 05 133.00 10/25/2021 GEN 75253 ST JAMES PUBLISHING Public Awareness - Material 401-856- 05 83.00 10/25/2021 GEN 75255* SUSAN MCTIGHE DEP REFUND/APPLIED 235-000- 00 26.25 10/25/2021 GEN 75256 THE JOURNAL Public Awareness - Material 401-856- 05 188.50 10/25/2021 GEN 75257* THERESA KEODUANGSY DEP REFUND/APPLIED 235-000- 00 42.00 11/18/2021 01:42 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES User: JMartig CHECK DATE FROM 10/21/2021 - 11/19/2021 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Fund: 2 GAS 10/25/2021 GEN 75260 TWO-WAY COMMUNICATIONS INC Vehicles - Material 402-895- 04 10/25/2021 GEN 75261* UNITED INFORMATION SERVICES, INC COLLECTION - MATERIALS 401-903- 06 10/25/2021 GEN 75262 VERIZON WIRELESS UTILITIES (ELECTRIC, SATELLITE-SCADA 401-856- 05 10/25/2021 GEN 75266*4 WEST CENTRAL SANITATION INC UTILITY ESP - WATER/WASTE 45/55- 401-930- 08 10/25/2021 GEN 75271* ZAKARAI BANASZEWSKI OR BAILEY DEP REFUND/APPLIED 235-000- 00 10/26/2021 GEN 897(E)* ALERUS 11/01/2021 GEN 909(E)* ARGUS DENTAL 11/02/2021 GEN 900(E) ALERUS 11/03/2021 GEN 75277*4 ACE HARDWARE 11/03/2021 GEN 75280 AM2K PROPERTIES, LLC 11/03/2021 GEN 75282*4 BORDER STATES ELECTRIC SUPPLY HEALTH INSURANCE 401-926- 08 DENTAL INSURANCE-20o GAS 242-000- 00 HEALTH INSURANCE 401-851- 05 Materials 401-874- 04 Cip - Residential 401-916- 07 FLANGE, WELD NECK, FLAT FACED , 150 154-000- 00 THREAD-O-LET, 1/4" X 2 1/2" X 1 1/4", 154-000- 00 FLUID, LEAK DETECTION, TYPE III, 154-000- 00 VALVE, METER, 1", INS, LOCKWING, PLG 154-000- 00 GREASE, VALVE, VAL-TEX P/N 750-J 154-000- 00 ANODES 417, MAG, HIGH POTENTIAL, 10-412 154-000- 00 VALVE, METER, 3/4", INS, LOCKWING, PLG 154-000- 00 NIPPLE, 2" X 6", BM, STD, SMLS, TEE 154-000- 00 TEE, TAPPING, HIGH VOL, EF, 4" IDS X 2" 154-000- 00 WIRE, 410 SOLID BARE CU, WITH 45 MILS 154-000- 00 GASKET, 2" RING, 150 ANSI FLANGE, 154-000- 00 PIPE, 2" IDS, 2406 MDPE, DR 11.5, 500 154-000- 00 METER BAR, AY MCDONALD CAST IRON, 154-000- 00 TAPE, TEFLON, 1/2" X 260", HIGH 154-000- 00 SALES TAX 401-874- 04 Page 31/38 Amount 274.51 1,532.67 117.15 184.72 96.25 129. 62 833.60 981.00 39.09 1,200.00 69.15 25.88 29.38 173.91 160.80 528.00 1,470.69 5.75 243.96 875.00 13.20 5,117.00 3,279.50 13.12 77.25 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 32/38 Amount Fund: 2 GAS SALES TAX 401-874- 04 0.91 SALES TAX 401-874- 04 352.55 SALES TAX 401-874- 04 225.47 SALES TAX 401-874- 04 0.90 HECK GEN 75282 TOTAL FOR FUND 2: 12,662.42 11/03/2021 GEN 75284*4 CINTAS CORPORATION 4470 UNIFORMS & LAUNDRY 401-880- 04 191. 94 UNIFORMS & LAUNDRY 401-880- 04 299. 73 HECK GEN 75284 TOTAL FOR FUND 2: 491.67 11/03/2021 GEN 75285*4 CITY OF HUTCHINSON VEHICLE/EQUIPMENT FUEL -GAS 401-880- 04 1,413.52 VEHICLES/EQUIPMENT FUEL-ADMIN 55/45 401-935- 08 59.45 HECK GEN 75285 TOTAL FOR FUND 2: 1,472.97 11/03/2021 GEN 75288* EICH, DONALD Cip - Residential 401-916- 07 600.00 11/03/2021 GEN 75289 GOLDSCHMIDT, RICK Cip - Residential 401-916- 07 300.00 11/03/2021 GEN 75291 HRANICKA, GARY Cip - Residential 401-916- 07 350.00 11/03/2021 GEN 75292*4 HUTCHINSON LEADER Public Awareness - Material 401-874- 04 94.84 Public Awareness - Material 401-856- 05 94.83 Cip - Marketing 401-916- 07 256.05 Advertising/Printing 401-921- 08 460.84 HECK GEN 75292 TOTAL FOR FUND 2: 906.56 11/03/2021 GEN 75293*4 HUTCHINSON WHOLESALE SUPPLY CO Materials 401-874- 04 58.23 Vehicles - Material 402-895- 04 23.50 HECK GEN 75293 TOTAL FOR FUND 2: 81.73 11/03/2021 GEN 75294 JERGENS, DIANE Cip - Residential 401-916- 07 100.00 11/03/2021 GEN 75295 JUUL CONTRACTING COMPANY Mains 107-376- 00 34.80 11/03/2021 GEN 75296 KLAWITTER, PAUL Cip - Residential 401-916- 07 350.00 11/18/2021 01:42 PM CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES Page 33/38 User: JMartig CHECK DATE FROM 10/21/2021 - 11/19/2021 DE: Hutchinson Utili Check Date Bank Check # Payee Description Account Dept Amount Fund: 2 GAS 11/03/2021 GEN 75297 KLOSS, TOM Cip - Residential 401-916- 07 650.00 11/03/2021 GEN 75300* MARCO TECHNOLOGIES, LLC OFFICE SUPPLIES 401-921- 08 171.95 11/03/2021 GEN 75302* MEDICA HEALTH INSURANCE 15% GAS 242-000- 00 9,313.11 11/03/2021 GEN 75304 MRC GLOBAL Stud Bolt, Assy - 5/8" Dia 401-874- 04 781.20 Materials 401-874- 04 0.13 HECK GEN 75304 TOTAL FOR FUND 2: 781.33 11/03/2021 GEN 75305*4 NORTHERN STATES SUPPLY INC MATERIALS 401-874- 04 21. 02 11/03/2021 GEN 75306* NUVERA TELEPHONE 401-921- 08 640.96 11/03/2021 GEN 75309* QUADIENT-POSTAGE Postage 401-921- 08 39.33 Postage 401-921- 08 1,244.92 HECK GEN 75309 TOTAL FOR FUND 2: 1,284.25 11/03/2021 GEN 75310* RELIANCE STANDARD LIFE -LIFE LTD INSURANCE-20o GAS 242-000- 00 372.68 LIFE INSURANCE-20o GAS 242-000- 00 183.48 HECK GEN 75310 TOTAL FOR FUND 2: 556.16 11/03/2021 GEN 75313* SHRED RIGHT OFFICE SUPPLIES -SHREDDING SERVICES 401-921- 08 4.26 11/03/2021 GEN 75314 SORENSEN'S SALES & RENTALS Materials 402-892- 04 150.00 11/03/2021 GEN 75315* STOCK, WYNN Cip - Residential 401-916- 07 50.00 11/03/2021 GEN 75316* UNITED PARCEL SERVICE MAIL SERVICES - UPS, FEDEX 401-921- 08 15.45 11/03/2021 GEN 75317* VERIZON WIRELESS TELEPHONE 401-921- 08 350.60 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Description Fund: 2 GAS 11/03/2021 GEN 906(E)* CITIZENS BANK 11/04/2021 GEN 75322* AHMAN MCKINNEY 11/15/2021 GEN 910(E)* ALERUS 11/16/2021 GEN 911(E)*4 VISA 11/18/2021 GEN 1(S) HUGHES NETWORK SYSTEMS 11/18/2021 GEN 75323*4 ACE HARDWARE 11/18/2021 GEN 75324* AMERICAN PAYMENT CENTERS INC 11/18/2021 GEN 75326* BIRCHDALE FIRE & SAFETY 11/18/2021 GEN 75327*4 BORDER STATES ELECTRIC SUPPLY Account Dept Office Supplies 401-921- 08 DEP REFUND/APPLIED 235-000- 00 HEALTH INSURANCE 401-926- 08 Other Equipment - Materials 402-895- 04 Utilities (Electric, Satellite 401-856- 05 Cip - Marketing 401-916- 07 Office Supplies 401-921- 08 Office Supplies 401-921- 08 Office Supplies 401-921- 08 Office Supplies 401-921- 08 It Admin And Support 401-921- 08 Training - Expense 401-930- 08 Grounds - Materials 401-935- 08 HECK GEN 911(E) TOTAL FOR FUND 2: Utilities (Electric, Satellite 401-856- 05 Utilities (Electric, Satellite 401-856- 05 HECK GEN 1(S) TOTAL FOR FUND 2: Meters And All Fittings 107-381- 00 Materials 401-874- 04 Materials 402-892- 04 Materials 402-892- 04 HECK GEN 75323 TOTAL FOR FUND 2: BOX RENTAL 401-903- 06 GROUNDS - OUTSIDE SERVICES 401-935- 08 TEE, WELD FITTING, STRAIGHT, 2", SMLS, 154-000- 00 Page 34/38 Amount 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 35/38 Amount Fund: 2 GAS TEE, NO-BLO, VALVE, 2", WELD X WELD, 154-000- 00 351.74 NIPPLE, 3/4" X 4 1/2", BM, STD, SMLS, 154-000- 00 46.00 VALVE, METER, 2", INS, LOCKWING, PLG 154-000- 00 597.22 REDUCER, SWAGE, 2" X 1", STD, BLE X ISE 154-000- 00 55.36 Natural Gas Inventory 154-000- 00 69.00 SALES TAX 401-874- 04 24.18 SALES TAX 401-874- 04 3.16 SALES TAX 401-874- 04 44.87 SALES TAX 401-874- 04 4.74 HECK GEN 75327 TOTAL FOR FUND 2: 1,256.71 11/18/2021 GEN 75328 BROWN COUNTY RURAL ELECTRIC Utilities (Electric, Satellite 401-856- 05 164.89 11/18/2021 GEN 7533314 CINTAS CORPORATION 4470 UNIFORMS & LAUNDRY 401-880- 04 191.94 UNIFORMS & LAUNDRY 401-880- 04 191. 94 HECK GEN 75333 TOTAL FOR FUND 2: 383.88 11/18/2021 GEN 75334*4 CITY OF HUTCHINSON VEHICLE/EQUIPMENT FUEL -GAS 401-880- 04 1,242.44 Utility Expenses - Water/Waste 401-930- 08 7.05 Utility Expenses - Water/Waste 401-930- 08 382.35 VEHICLES/EQUIPMENT FUEL-ADMIN 55/45 401-935- 08 59.06 HECK GEN 75334 TOTAL FOR FUND 2: 1,690.90 11/18/2021 GEN 75337 COUNTY OF MCLEOD Other Equipment - Materials 402-895- 04 40.00 11/18/2021 GEN 75343 GATEHOUSE MEDIA MN HOLDING, INC Public Awareness - Material 401-856- 05 83.00 11/18/2021 GEN 75344* GEISER, SARA Cip - Residential 401-916- 07 350.00 11/18/2021 GEN 75345*4 GOPHER STATE ONE -CALL INC Materials 401-874- 04 114.07 Line - Outside Services 401-856- 05 39.15 HECK GEN 75345 TOTAL FOR FUND 2: 153.22 11/18/2021 GEN 75348*4 GREEN EARTH LAWN CARE, INC Services 107-380- 00 300.00 Services 107-380- 00 150.00 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee Fund: 2 GAS CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Description 11/18/2021 GEN 75349 GROEBNER & ASSOCIATES INC 11/18/2021 GEN 7535014 HEARING HELP AUDIOLOGY CLINIC 11/18/2021 GEN 75351* HILLYARD/HUTCHINSON 11/18/2021 GEN 75353* HUTCHFIELD SERVICES INC 11/18/2021 GEN 75354*4 HUTCHINSON CO-OP 11/18/2021 GEN 75355* HUTCHINSON LEADER 11/18/2021 GEN 75362*4 LOCATORS & SUPPLIES INC Account Dept Page 36/38 Amount HECK GEN 75348 TOTAL FOR FUND 2: 450.00 Sensus P/N# 001-63-538-69000, Index 402-892- 04 2,345.00 Sensus P/N# 001-63-538-69000, Index 402-892- 04 7.88 Materials 402-892- 04 161.80 Materials 402-892- 04 0.54 Sensus P/N# 001-63-160-50000, Gasket 402-892- 04 54.00 SALES TAX & FREIGHT 402-892- 04 16.51 HECK GEN 75349 TOTAL FOR FUND 2: 2,585.73 Drug And Alcohol Testing - Lab 401-880- 04 87.50 Drug And Alcohol Testing - Lab 401-880- 04 75.00 HECK GEN 75350 TOTAL FOR FUND 2: 162.50 Grounds - Materials 401-935- 08 19.21 Grounds - Outside Services 401-935- 08 910.41 Materials 401-874- 04 19.20 Vehicle/Equipment Fuel 401-880- 04 24.63 HECK GEN 75354 TOTAL FOR FUND 2: 43.83 Advertising/Printing 401-921- 08 47.70 SAFETY GLASSES, GRAY, SILVER MIRROR, 401-880- 04 39. 90 SAFETY GLASSES, GRAY, SILVER MIRROR, 401-880- 04 3.83 SAFETY VEST, MLK-FM389Z-XL 401-880- 04 73.00 SAFETY VEST, MLK-FM389Z-XL 401-880- 04 2.61 SAFETY VEST, MLK-FM389Z-3X 401-880- 04 84.00 SAFETY VEST, MLK-FM389Z-3X 401-880- 04 3.01 TAX & FREIGHT 401-880- 04 13.81 HECK GEN 75362 TOTAL FOR FUND 2: 220.16 11/18/2021 GEN 75366 MCKENZIE, JUSTIN Cip - Residential 401-916- 07 350.00 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Payee Description Account Dept Page 37/38 Amount Fund: 2 GAS 11/18/2021 GEN 753674 MCLEOD COOPERATVIE POWER ASSN MISC EXPENSE -GAS LINE PUMP 401-880- 04 60.81 UTILITIES (ELECTRIC, SATELLITE-MCLEOD 401-856- 05 38.66 UTILITIES (ELECTRIC, SATELLITE -PIPELINE 401-856- 05 39.58 HECK GEN 75367 TOTAL FOR FUND 2: 139.05 11/18/2021 GEN 75369 NELSON TECHNOLOGIES INC SALES TAX 401-870- 04 301.88 Annuall Maintenance & Inspection of 401-870- 04 2,400.00 IN: D3-0131, 700F Pupmp Seal 402-892- 04 585.00 IN: D3-0126, Verometer Filter Element 402-892- 04 169.00 IN: D3-0103, Bulk Odorant Filter 402-892- 04 169.00 IN: D3-0301, N300 Pneumatic Relay 402-892- 04 191.00 IN: D3-0300, N300 Overflow Protector 402-892- 04 135.00 IN: A4-0010, N300 Solenoid Valve 402-892- 04 472.00 IN: E3-1006, N300 Battery Pack 402-892- 04 270.00 HECK GEN 75369 TOTAL FOR FUND 2: 4,692.88 11/18/2021 GEN 75370 NORTHERN BORDER PIPELINE CO LINE - OUTSIDE SERVICES -INTERCONNECT 401-856- 05 2,000.00 11/18/2021 GEN 75374* PREMIUM WATERS INC OFFICE SUPPLIES -BOTTLED WATER 401-921- 08 7.25 11/18/2021 GEN 75375 PRO AUTO & TRANSMISSION REPAIR VEHICLES - MATERIAL -GAS 402-895- 04 44.14 11/18/2021 GEN 75377 PROFESSIONAL ENGINEERING SERVICES Materials 401-856- 05 5,816.25 11/18/2021 GEN 75379*4 QUADE ELECTRIC Grounds - Materials 401-935- 08 10.68 11/18/2021 GEN 75381*4 RUNNING'S SUPPLY INC Materials 401-874- 04 190.35 Materials 402-863- 05 12.44 HECK GEN 75381 TOTAL FOR FUND 2: 202.79 11/18/2021 GEN 75382 SOUTH CENTRAL ELECTRIC ASS'N UTILITIES (ELECTRIC, SATELLITE 401-856- 05 33.00 11/18/2021 GEN 75383 SPRINT Utilities (Electric, Satellite 401-856- 05 133.00 11/18/2021 GEN 75384* STANDARD PRINTING & MAILING OFFICE SUPPLIES 401-921- 08 303.52 11/18/2021 01:42 PM User: JMartig DE: Hutchinson Utili Check Date Bank Check # Payee CHECK DISBURSEMENT REPORT FOR HUTCHINSON UTILITIES CHECK DATE FROM 10/21/2021 - 11/19/2021 Description Fund: 2 GAS 11/18/2021 GEN 75388* UIS/SOURCECORP 11/18/2021 GEN 75390*4 WEST CENTRAL SANITATION INC 11/18/2021 GEN 75391 WSB 11/18/2021 GEN 75393 ZUIDEMA, KAYLA 11/19/2021 GEN 907(E)*4 BP CANANDA ENERGY SOLUTIONS 11/19/2021 GEN 908(E) PUBLIC ENERGY AUTHORITY OF Account Dept COLLECTION - MATERIALS 401-903- 06 UTILITY ESP - WATER/WASTE 45/55- 401-930- 08 Perform 2021 Class Location, MCA/HCA 401-856- 05 Line - Outside Services 401-856- 05 HECK GEN 75391 TOTAL FOR FUND 2: Cip - Residential 401-916- 07 GAS FOR RETAIL 401-807- 04 GAS FOR RETAIL 401-807- 04 Contract Gas For Retail 401-807- 04 Contract Gas For Retail 401-807- 04 Contract Gas For Retail 401-807- 04 Contract Gas For Retail 401-807- 04 Utility Expenses - Water/Waste 401-930- 08 HECK GEN 907(E) TOTAL FOR FUND 2: Gas For Retail 401-807- 04 Contract Gas For Retail 401-807- 04 Contract Gas For Retail 401-807- 04 HECK GEN 908(E) TOTAL FOR FUND 2 Total for fund 2 GAS TOTAL - ALL FUNDS '*'-INDICATES CHECK DISTRIBUTED TO MORE THAN ONE FUND '#'-INDICATES CHECK DISTRIBUTED TO MORE THAN ONE DEPARTMENT Page 38/38 Amount 184.90 153.49 752.15 0.85 753.00 300.00 294,825.29 730.30 ;46,046.93) 16,841.03 38,305.53 7,036.32 312,876.49 128,412.85 75,190.50 625,698.43 2,480,875.49 HUTCHINSON UTILITIES COMMISSION COMBINED DIVISIONS FINANCIAL REPORT FOR OCTOBER, 2021 Combined Division Customer Revenue Sales for Resale NU Transportation Electric Division Transfer Other Revenues Interest Income TOTALREVENUES Salaries & Benefits Purchased Commodities Transmission Generator Fuel/Chem. Depreciation Transfers (Elect./City) Operating Expense Debt Interest TOTAL EXPENSES NET PROFIT/(LOSS) 2021 2020 Di %Chng 2021 2020 Di %Chng FuIIYrBud %of Bud $ 2,834,552 $ 2,693,890 $ 140,662 5.2% $ 32,124,878 $ 27,484,279 $ 4,640,599 16.9% $ 35,545,920 90.4% $ 379,976 $ 268,437 $ 111,539 41.6% $ 3,523,957 $ 2,203,674 $ 1,320,283 59.9% $ 3,360,000 104.9% $ 104,477 $ 102,785 $ 1,692 1.6% $ 886,637 $ 875,503 $ 11,134 1.3% $ 998,904 88.8% $ 56,879 $ 55,440 $ 1,439 2.6% $ 568,792 $ 554,403 $ 14,389 2.6% $ 682,550 83.3% $ 78,503 $ 66,663 $ 11,841 17.8% $ 404,543 $ 784,258 $ (379,715) (48.4%) $ 355,204 113.9% $ 25,118 $ 27,496 $ (2,379) (8.7%) $ 352,043 $ 411,756 $ (59,713) (14.5%) $ 383,456 91.8% $ 3,479,506 $ 3,214,711 $ 264,795 8.2% $ 37,860,851 $ 32,313,872 $ 5,546,979 17.2% $ 41,326,034 91.6% $ 509,287 $ 492,744 $ 16,544 $ 1,492,197 $ 1,430,375 $ 61,822 $ 195,120 $ 169,238 $ 25,883 $ 227,505 $ 32,284 $ 195,220 $ 365,103 $ 321,670 $ 43,433 $ 212,479 $ 211,040 $ 1,439 $ 166,903 $ 146,638 $ 20,265 $ 83,542 $ 89,542 $ (6,000) $ 3,252,136 $ 2,893,530 $ 358,606 $ 227,369 $ 321,181 $ (93,8 3.36% $ 5,418,344 $ 5,421,092 $ (2,748) 4.3% $ 19,476,332 $ 15,021,678 $ 4,454,654 15.3% $ 2,463,996 $ 1,827,143 $ 636,854 604.7% $ 1,536,374 $ 479,096 $ 1,057,278 13.5% $ 3,662,264 $ 3,239,872 $ 422,392 0.7% $ 2,124,785 $ 2,110,399 $ 14,386 13.8% $ 1,921,736 $ 1,804,256 $ 117,479 (6.7%) $ 835,422 $ 895,422 $ (60,000) 12.4% $ 37,439,253 $ 30,798,958 $ 6,640,295 29.2%) $ 421,597 $ 1,514,914 $ (1,093,316) October October YTD YTD 2021 2020 Change 2021 2020 Change Gross Margin % 34.1% 38.3% -4.2% 27.8% 34.1% -6.3% Operating Income Per Revenue $ (%) 6.7% 10.2% -3.5% 1.5% 4.1% -2.6% Net Income Per Revenue $ (%): 6.5% 10.0% -3.5% 1.1% 4.7% -3.6% (0.1%) $ 7,076,247 76.6% 29.7% $ 18,426,340 105.7% 34.9% $ 3,200,000 77.0% 220.7% $ 699,492 219.6% 13.0% $ 4,100,000 89.3% 0.7% $ 2,549,742 83.3% 6.5% $ 2,941,142 65.3% JLZ%j 990,507 $ 39,983,470 84.3% 93.6% 21.6% $ 1,342,564 31.4% 2021 HUC Budget Target 35.3% W iiiiiii!I 4.3% 3.2% Accounts past due by 30 days has increased during the time of no disconnects. Here is where we are at now compared to one year ago as we've restarted disconnects. March 2020: $59,428 March 2021: $137,298 October 2020: $115,700 October 2021: $77,166 HUTCHINSON UTILITIES COMMISSION ELECTRIC DIVISION FINANCIAL REPORT FOR OCTOBER, 2021 2021 2020 Di . Electric Division Customer Revenue $ 2,032,198 $ 1,829,709 $ 202,489 Sales for Resale $ 379,976 $ 268,437 $ 111,539 Other Revenues $ 54,637 $ 35,809 $ 18,827 Interest Income $ 13,953 $ 15,142 $ (1,189) TOTAL REVENUES $ 2,480,764 $ 2,149,097 $ 331,667 Salaries & Benefits $ 373,642 $ 365,050 $ 8,592 Purchased Power $ 1,007,255 $ 928,590 $ 78,664 Transmission $ 195,120 $ 169,238 $ 25,883 Generator Fuel/Chem. $ 227,505 $ 32,284 $ 195,220 Depreciation $ 274,928 $ 231,013 $ 43,916 Transfers (Elect./City) $ 164,674 $ 163,236 $ 1,439 Operating Expense $ 118,617 $ 99,154 $ 19,463 Debt Interest $ 43,321 $ 44,471 $ (1,150) TOTAL EXPENSES $ 2,405,063 $ 2,033,036 $ 372,027 NET PROFIT/(LOSS) $ 75,701 $ 116,061 $ (40,360) % Chna 2021 2020 Di . 11.1% $ 21,359,786 $ 19,915,368 $ 1,444,418 41.6% $ 3,523,957 $ 2,203,674 $ 1,320,283 52.6% $ 168,797 $ 500,089 $ (331,293) (7.9%) $ 189,910 $ 219,818 $ (29,908) 15.4%1 $ 25,242,450 $ 22,838,949 $ 2,403,501 2.4% $ 4,014,611 $ 4,064,821 $ (50,209) 8.5% $ 11,298,868 $ 10,759,819 $ 539,050 15.3% $ 2,463,996 $ 1,827,143 $ 636,854 604.7% $ 1,536,374 $ 479,096 $ 1,057,278 19.0% $ 2,755,521 $ 2,349,315 $ 406,206 0.9% $ 1,646,744 $ 1,632,355 $ 14,389 19.6% $ 1,313,740 $ 1,195,999 $ 117,742 (2.6%) $ 433,213 $ 444,714 $ (11,500) 18.3% $ 25,463,069 $ 22,753,261 $ 2,709,808 34.87 t$ (220,619) $ 85,689 $ (306,307) % Chna 83.3% of Year Full Yr Bud $ 25,441,420 Comp. % of Bud 84.0% 7.3% 59.9% $ 3,360,000 104.9% (66.2%) $ 99,799 169.1% (13.6%) $ 208,456 91.1% 10.5%1 $ 29,109,675 86.7% (1.2%) $ 5,175,775 77.6% 5.0% $ 12,888,000 87.7% 34.9% $ 3,200,000 77.0% 220.7% $ 699,492 219.6% 17.3% $ 3,000,000 91.9% 0.9% $ 1,976,093 83.3% 9.8% $ 1,900,106 69.1% 2.6% $ 507,857 $ 29,347,323 85.3% 86.8% 11.9% 57.5%) $ (237,648) 92.8% 2021 2020 Di . %Chna 2021 2020 Di . %Chna Full YrBud %of Bud Electric Division Residential 3,680,227 3,705,938 (25,711) (0.69%) 45,346,210 44,631,603 714,607 1.60% 53,519,179 84.7% All Electric 135,579 187,517 (51,938) (27.70%) 2,013,980 2,079,468 (65,488) (3.15%) 2,646,623 76.1% Small General 1,323,346 1,367,016 (43,670) (3.19%) 15,124,794 14,830,864 293,930 1.98% 19,052,314 79.4% Large General 7,180,600 6,511,130 669,470 10.28% 72,199,730 65,729,860 6,469,870 9.84% 81,184,946 88.9% Industrial 9,645,000 9,580,000 65,000 0.68% 102,050,000 99,253,000 2,797,000 2.82% 124,696,169 81.8% Total KWH Sold 21,964,752 21,351,601 613,151 2.87%1 236,734,714 226,524,795 10,209,919 4.51%1 281,099,231 84.2% October October YTD YTD 2021 HUC 2021 2020 Change 2021 2020 Change Budget Target Gross Margin % 28.5% 32.8% -4.3% 26.0% 27.5% -1.5% 29.0% Operating Income Per Revenue $ (%) 2.7% 5.3% -2.6% -0.4% -0.7% 0.2% 0.2% 0%-5% Net Income Per Revenue $ (%): 3.1% 5.4% -2.3% -0.9% 0.4% -1.2% -0.8% 0%-5% Customer Revenue per KWH: $0.0925 $0.0857 $0.0068 $0.0898 $0.0874 $0.0023 $0.0900 $0.0900 Total Power Supply Exp. per KWH: $0.0790 $0.0661 $0.0129 $0.0779 $0.0709 $0.0070 $0.0730 $0.0730 Net Income decreased by $40,360 with increased revenues but increased operating expenses as well. Sales for Resale of $379,976 consisted of $135,726 in market sales, $98,000 in capacity sales to Rice Lake and $146,250 in capacity sales to AEP. October 2020 Sales for Resale of $268,437 consisted of $24,187 in market sales, $146,250 in capacity sales to AEP, and $98,000 in capacity sales to Rice Lake. October 2019 Sales for Resale of $236,561 consisted of $31,083 in market sales, $36,400 in Transalta tolling fees, $19,578 in Transalta energy sales, $136,000 in capacity sales to SMMPA, and $13,500 in capacity sales to AEP. Overall Purchased Power increased by $78,664. MRES purchases increased by $10,191 and market purchases/MISO costs increased by $68,473. Power Cost Adjustment for October 2021 was $.00672/kwhr bringing in an additional $147,894 for the month and $1,330,915 YTD. Last year's power cost adjustment for October 2020 was $0 for the month and $500,520 YTD. Gas Division Customer Revenue Transportation Electric Div. Transfer Other Revenues Interest Income TOTALREVENUES Salaries & Benefits Purchased Gas Operating Expense Depreciation Transfers (City) Debt Interest TOTAL EXPENSES NET PROFIT/(LOSS) HUTCHINSON UTILITIES COMMISSION GAS DIVISION FINANCIAL REPORT FOR OCTOBER, 2021 2021 2020 Di %Chna 2021 2020 Di %Chna Full YrBud %of Bud $ 802,355 $ 864,181 $ (61,827) (7.2%) $ 10,765,092 $ 7,568,911 $ 3,196,181 42.2% $ 10,104,500 106.5% $ 104,477 $ 102,785 $ 1,692 1.6% $ 886,637 $ 875,503 $ 11,134 1.3% $ 998,904 88.8% $ 56,879 $ 55,440 $ 1,439 2.6% $ 568,792 $ 554,403 $ 14,389 2.6% $ 682,550 83.3% $ 23,867 $ 30,854 $ (6,987) (22.6%) $ 235,747 $ 284,168 $ (48,422) (17.0%) $ 255,405 92.3% $ 11,165 $ 12,354 $ (1,189) (9.6%) $ 162,133 $ 191,938 $ (29,805) (15.5%) $ 175,000 92.6% $ 998,742 $ 1,065,614 $ (66,872) (6.3%) $ 12,618,400 $ 9,474,922 $ 3,143,478 33.2% $ 12,216,359 103.3% $ 135,645 $ 127,694 $ 7,952 6.2% $ 1,403,733 $ 1,356,271 $ 47,461 3.5% $ 1,900,472 73.9% $ 484,943 $ 501,785 $ (16,842) (3.4%) $ 8,177,463 $ 4,261,859 $ 3,915,604 91.9% $ 5,538,340 147.7% $ 48,286 $ 47,484 $ 802 1.7% $ 607,996 $ 608,258 $ (262) (0.0%) $ 1,041,036 58.4% $ 90,175 $ 90,657 $ (482) (0.5%) $ 906,744 $ 890,557 $ 16,186 1.8% $ 1,100,000 82.4% $ 47,804 $ 47,804 $ - 0.0% $ 478,041 $ 478,044 $ (3) (0.0%) $ 573,649 83.3% $ 40,221 $ 45,071 $ (4,850) 0.0% $ 402,208 $ 450,708 $ (48,500) 10.8% $ 482,650 83.3% $ 847,073 $ 860,494 $ (13,421) (1.6%) $ 11,976,184 $ 8,045,698 $ 3,930,487 48.9% $ 10,636,147 112.6% $ 151,669 $ 205,120 $ (53,451) (26.1%) $ 642,216 $ 1,429,225 $ (787,009) (55.1%) $ 1,580,212 40.6% 2021 2020 Di %Chna 2021 2020 Di %Chna Full YrBud %of Bud Gas Division Residential 17,077,381 32,500,719 (15,423,338) (47.46%) 276,989,306 300,106,414 (23,117,108) (7.70%) 429,017,000 64.6% Commercial 14,043,766 26,743,170 (12,699,404) (47.49%) 219,613,700 233,607,947 (13,994,247) (5.99%) 336,067,000 65.3% Industrial 70,471,186 80,981,826 (10,510,640) (12.98%) 688,733,860 709,940,749 (21,206,889) (2.99%) 781,920,000 88.1% Total CF Sold 101,592,333 140,225,715 (38,633,382) (27.55%)l 1,185,336,866 1,243,655,110 (58,318,244) (4.69%)l 1,547,004,000 76.6% October October YTD YTD 2021 HUC 2021 2020 Change 2021 2020 Change Budget Target Gross Margin % 47.9% 49.6% -1.7% 31.7% 50.5% -18.8% 50.5% Operating Income Per Revenue $ (%) 16.8% 20.2% -3.5% 5.4% 15.7% -10.3% 14.1% Net Income Per Revenue $ (%): 15.7% 20.1% -4.3% 5.3% 15.9% -10.6% 13.4% 6%-11% Contracted Customer Rev. per CF: $0.0050 $0.0038 $0.0012 $0.0064 $0.0036 $0.0027 $0.0040 Customer Revenue per CF: $0.0135 $0.0091 $0.0045 $0.0125 $0.0089 $0.0035 $0.0088 Total Power Supply Exp. per CF: $0.0050 $0.0037 $0.0013 $0.0071 $0.0036 $0.0035 $0.0038 October 2021 net income decreased by $53,451 with decreased revenue and usage due to a warmer October in 2021. Heating degree days were roughly 45% less than October 2020. October 2021 fuel cost adjustment was $2.18 per MCF which brought in $76,270 for the month with a total of $1,216,312 YTD. October 2020 credits totalled $47,628 for the month and $599,947 YTD. Current Assets UnrestrictedlUndesignated Cash Cash Petty Cash Designated Cash Capital Expenditures - Five Yr. CIP Payment in Lieu of Taxes Rate Stabilization - Electric Rate Stabilization - Gas Catastrophic Funds Restricted Cash Bond Interest Payment 2017 Bond Interest Payment 2012 Debt Service Reserve Funds Total Current Assets Receivables Accounts (net of uncollectible allowances) Interest Total Receivables Other Assets Inventory Prepaid Expenses Sales Tax Receivable Deferred Outflows - Electric Deferred Outflows - Gas Total Other Assets Total Current Assets Capital Assets Land & Land Rights Depreciable Capital Assets Accumulated Depreciation Construction - Work in Progress Total Net Capital Assets Total Assets HUTCHINSON UTILITIES COMMISSION BALANCE SHEET - CONSOLIDATED OCTOBER 31, 2021 Electric Gas Total Division Division 2021 Total Net Change 2020 Total (YTD) 7,111,222.92 10,972,467.80 18,083,690.72 16,338,421.57 1,745,269.15 680.00 170.00 850.00 850.00 - 2,750,000.00 700,000.00 3,450,000.00 3,450,000.00 - 1,293,543.00 573,649.00 1,867,192.00 1,867,192.00 - 364,336.05 - 364,336.05 372,736.68 (8,400.63) - 493,550.10 493,550.10 599,800.84 (106,250.74) 800,000.00 200,000.00 1,000,000.00 500,000.00 500,000.00 1,784,284.96 - 1,784,284.96 1,680,434.93 103,850.03 - 1,877,012.50 1,877,012.50 1,829,529.20 47,483.30 522,335.64 2,188,694.02 2,711,029.66 2,711,029.66 - 14,626,402.57 17,005,543.42 31,631,945.99 29,349,994.88 2,281,951.11 2,129,339.82 904,709.47 3,034,049.29 2,882,232.28 151,817.01 48,992.65 48,992.65 97,985.30 115,964.64 (17,979.34) 2,178,332.47 953,702.12 3,132,034.59 2,998,196.92 133,837.67 1,678,141.23 509,293.08 2,187,434.31 1,947,554.82 239,879.49 97,684.01 48,416.57 146,100.58 165,217.09 (19,116.51) 139,824.35 - 139,824.35 115,595.08 24,229.27 313,166.00 - 313,166.00 219,249.00 93,917.00 - 104,390.00 104,390.00 73,083.00 31,307.00 2,228,815.59 662,099.65 2,890,915.24 2,520,698.99 370,216.25 19,033,550.63 18,621,345.19 37,654,895.82 34,868,890.79 2,786,005.03 690,368.40 3,899,918.60 4,590,287.00 4,590,287.00 - 108,015,739.94 42,490,114.65 150,505,854.59 134,261,897.05 16,243,957.54 (63,293,684.60) (19,132,076.66) (82,425,761.26) (80,267,641.58) (2,158,119.68) 3,179,499.30 204,286.81 3,383,786.11 16,473,639.70 (13,089,853.59) 48,591,923.04 27,462,243.40 76,054,166.44 75,058,182.17 995,984.27 67,625,473.67 46,083,588.59 113,709,062.26 109,927,072.96 3,781,989.30 HUTCHINSON UTILITIES COMMISSION BALANCE SHEET - CONSOLIDATED OCTOBER 31, 2021 Electric Gas Total Total Net Change Division Division 2021 2020 Total (YTD) Current Liabilities Current Portion of Long-term Debt Bonds Payable 675,000.00 1,565,000.00 2,240,000.00 2,100,000.00 140,000.00 Bond Premium - 185,608.32 185,608.32 185,608.32 - Accounts Payable 2,549,208.63 922,286.35 3,471,494.98 2,377,222.38 1,094,272.60 Accrued Expenses Accrued Interest 475,534.63 442,429.15 917,963.78 447,711.00 470,252.78 Accrued Payroll 62,042.55 22,464.18 84,506.73 84,663.54 (156.81) Total Current Liabilities 3,761,785.81 3,137,788.00 6,899,573.81 5,195,205.24 1,704,368.57 Long -Term Liabilities Noncurrent Portion of Long-term Debt 2017 Bonds 14,730,000.00 - 14,730,000.00 15,405,000.00 (675,000.00) 2012 Bonds - 9,510,000.00 9,510,000.00 11,075,000.00 (1,565,000.00) Bond Premium 2012 538,099.44 757,900.27 1,295,999.71 1,515,064.99 (219,065.28) Pension Liability- Electric 3,026,207.00 - 3,026,207.00 2,686,985.00 339,222.00 Pension Liability - Electric OPEB 84,054.00 - 84,054.00 76,502.00 7,552.00 Pension Liability- Nat Gas - 1,008,736.00 1,008,736.00 895,662.00 113,074.00 Pension Liability - Nat Gas OPEB - 28,018.00 28,018.00 25,501.00 2,517.00 Accrued Vacation Payable 426,032.31 158,832.06 584,864.37 526,336.29 58,528.08 Accrued Severance 92,360.61 32,026.46 124,387.07 115,100.18 9,286.89 Deferred Outflows - Electric 123,417.00 - 123,417.00 550,772.00 (427,355.00) Deferred Outflows - Nat Gas - 41,139.00 41,139.00 183,591.00 (142,452.00) Total Long -Term Liabilities 19,020,170.36 11,536,651.79 30,556,822.15 33,055,514.46 (2,498,692.31) Net Position Retained Earnings 44,843,517.50 31,409,148.80 76,252,666.30 71,676,353.26 4,576,313.04 Total Net Position 44,843,517.50 31,409,148.80 76,252,666.30 71,676,353.26 4,576,313.04 Total Liabilities and Net Position 67,625,473.67 46,083,588.59 113,709,062.26 109,927,072.96 3,781,989.30 Hutchinson Utilities Commission Cash -Designations Report, Combined October 31, 2021 Change in Financial Annual Balance, Balance, Cash/Reserve Institution Current Interest Rate Interest October 2021 September 2021 Position Savings, Checking, Investments varies varies Total Operating Funds Debt Reserve Requirements Bond Covenants - sinking fund Debt Reserve Requirements Bond Covenants -1 year Max. P & I Total Restricted Funds varies 31,631,945.99 31,056,487.28 575,458.71 31,631,945.99 31,056,487.28 575,458.71 3,661,297.46 3,392,088.60 269,208.86 2,711,029.66 2,711,029.66 - 6,372,327.12 6,103,118.26 269,208.86 Operating Reserve Min 60 days of 2021 Operating Bud. 5,965,162.00 5,965,162.00 - Rate Stabalization Funds 857,886.15 812,906.45 44,979.70 PILOT Funds Charter (Formula Only) 1,867,192.00 1,867,192.00 - Catastrophic Funds Risk Mitigation Amount 1,000,000.00 1,000,000.00 Capital Reserves 5 Year CIP ( 2021-2025 Fleet & Infrastructure Maintenance) 3,450,000.00 3,450,000.00 - Total Designated Funds 13,140,240.15 13,095,260.45 44,979.70 YE YE YE YE YTD HUC 2017 2018 2019 2020 2021 Target Debt to Asset 40.2% 37.7% 34.9% 32.3% 32.9% Current Ratio 3.36 3.93 5.11 5.67 4.47 RONA 1.82% 3.16% 2.25% 3.62% 0.42% Change in Cash Balance (From 12131114 to 1013112021) Month End Electric Elec. Change Natural Gas Gas Change Total Total Change 10/31/2021 14,626,403 17,005,543 31,631,946 12/31/2020 14,239,233 387,169 15,019,173 1,986,371 29,258,406 2,373,540 12/31/2019 12,124,142 2,115,092 13,837,040 1,182,133 25,961,181 3,297,225 12/31/2018 15,559,867 (3,435,725) 12,335,998 1,501,042 27,895,864 (1,934,683) 12/31/2017 23,213,245 (7,653,378) 10,702,689 1,633,309 33,915,934 (6,020,070) 12/31/2016 8,612,801 14,600,444 9,500,074 1,202,615 18,112,875 15,803,059 12/31/2015 6,170,790 2,442,011 9,037,373 462,701 15,208,163 2,904,712 12/31/2014 3,598,821 2,571,969 6,765,165 2,272,208 10,363,986 4,844,177 * 2017's Signifcant increase in cash balance is due to issuing bonds for the generator project. Hutchinson Utilities Commission Cash -Designations Report, Electric October 31, 2021 Change in Financial Annual Balance, Balance, Cash/Reserve Institution Current Interest Rate Interest October 2021 September 2021 Position Savings, Checking, Investments varies varies varies 31,631,945.99 31,056,487.28 575,458.71 Total HUC Operating Funds 31,631,945.99 31,056,487.28 575,458.71 Debt Restricted Requirements Debt Restricted Requirements Total Restricted Funds Bond Covenants - sinking fund Bond Covenants -1 year Max. P & 1 1,784,284.96 522,335.64 2,306,620.60 1,685,713.60 522,335.64 2,208,049.24 98,571.36 - 98,571.36 Excess Reserves Less Restrictions, Electric 12,319,781.97 11,977,691.94 342,090.03 Operating Reserve Min 60 days of 2021 Operating Bud. 4,379,554.00 4,379,554.00 - Rate Stabalization Funds $400K-$1.2K 364,336.05 364,336.05 PILOT Funds Charter (Formula Only) 1,293,543.00 1,293,543.00 Catastrophic Funds Risk Mitigation Amount 800,000.00 800,000.00 Capital Reserves 5 Year CIP ( 2021-2025 Fleet & Infrastructure Maintenance) 2,750,000.00 2,750,000.00 Total Designated Funds 9,587,433.05 9,587,433.05 - Excess Reserves Less Restrictions & Designations, Electric 2,732,348.92 2,390,258.89 342,090.03 YE YE YE YE YTD APPA Ratio HUC 2017 2018 2019 2020 2021 SK-10K Cust. Target Debt to Asset Ratio (* w/Gen.) 35.4% 35.7% 34.1% 32.6% 33.7% 50.1% Current Ratio 4.36 3.63 5.26 6.18 4.36 2.43 RONA -0.6% -0.3% -0.4% 2.5% -0.4% NA >0% Hutchinson Utilities Commission Cash -Designations Report, Gas October 31, 2021 Change in Financial Annual Balance, Balance, Cash/Reserve Institution Current Interest Rate Interest October 2021 September 2021 Position Savings, Checking, Investments varies varies Total HUC Operating Funds Debt Restricted Requirements Bond Covenants - sinking fund Debt Restricted Requirements Bond Covenants -1 year Max. P & I Total Restricted Funds Operating Reserve Rate Stabalization Funds PILOT Funds Catastrophic Funds Capital Reserves Total Designated Funds varies 31,631,945.99 31,056,487.28 575,458.71 31,631,945.99 31,056,487.28 575,458.71 Min 60 days of 2021 Operating Bud. $200K-$600K Charter (Formula Only) Risk Mitigation Amount 5 Year CIP ( 2021-2025 Fleet & Infrastructure Maintenance) 1,877,012.50 1,706,375.00 170,637.50 2,188,694.02 2,188,694.02 - 4,065,706.52 3,895,069.02 170,637.50 1,585,608.00 1,585,608.00 - 493,550.10 448,570.40 44,979.70 573,649.00 573,649.00 - 200,000.00 200,000.00 700,000.00 700,000.00 - 3,552,807.10 3,507,827.40 44,979.70 YE YE YE YE YTD HUC 2017 2018 2019 2020 2021 APGA Ratio Target Debt to Asset 47.6% 40.7% 36.1% 32.0% 31.8% TBD Current Ratio 2.74 4.33 4.96 5.18 4.61 TBD RONA 5.0% 8.3% 6.4% 5.3% 1.7% TBD HUTCHINSON UTILITIES COMMISSION Investment Report For the Month Ended October3f, 2021 Interest Current Date of Date of Par Current Purchase Unrealized Premium Next Institution Description Rate YTM Purchase Maturity Value Value Amount Gaird(Loss) (Discount) Call Date Wells Fargo Money Market 0.010% 0.010% NA NA 3,940.71 - N/A Wells Fargo FHLB 0.300% 0.525% 02/09/2021 02/09/2026 470,000.00 461,488.30 470,000.00 (8,51170) - 02/09/2022 Wells Fargo FHLB 0.300% 0.587% 01/29/2021 01/29/2026 295,000.00 290,064.65 295,000.00 (4,935.35) - 01/29/2022 Wells Fargo FHLB 0.300% 1.432% 04/29/2021 04/29/2026 400,000.00 398,456.00 400,000.00 (1,544.00) - 06/29/2022 Wells Fargo FHLB 0.650% 1.069% 06/30/2021 06/30/2026 300,000.00 296,427.00 300,000.00 (3,573.00) - 12/30/2021 Wells Fargo FHLB 0.500% 1.281% 09/30/2021 09/30/2026 250,000.00 247,697.50 250,000.00 (2,302.50) - 12/30/2021 Wells Fargo CD's 1.700% 1.700% 02/21/2020 02/22/2022 245,000.00 246,271.55 245,000.00 1,271.55 - N/A Wells Fargo CD's 0.450% 0.450% 04/14/2021 04/15/2024 245,000.00 244,064.10 245,000.00 (935.90) - 02/14/2022 Wells Fargo CD's 0.550% 0.550% 08/02/2021 08/05/2024 245,000.00 244,071.45 245,000.00 (928.55) - N/A Wells Fargo CD's 1.000% 1.207% 07/31/2021 07/13/2028 245,000.00 243,890.15 245,000.00 (1,109.85) - 06/13/2022 Wells Fargo CD's 0.500% 0.698% 07/30/2020 07/30/2025 245,000.00 245,213.15 245,000.00 213.15 - 01/30/2022 Wells Fargo CD's 0.300% 0.300% 01/08/2021 01/08/2024 245,000.00 243,743.15 245,000.00 (1,256.85) - N/A Wells Fargo CD's 2.000% 2.000% 08/29/2020 08/22/2022 200,000.00 202,454.00 200,000.00 2,454.00 - 03/29/2022 Wells Fargo CD's 1.000% 1.000% 05/19/2021 05/19/2026 245,000.00 245,519.40 245,000.00 519.40 - N/A Wells Fargo CD's 1.050% 1.050% 08/08/2021 08/25/2026 238,000.00 238,266.56 238,000.00 266.56 - N/A Wells Fargo CD's 1.000% 1.000% 07/28/2021 07/28/2026 245,000.00 244,115.55 245,000.00 (884.45) N/A Broker Total 29.4% 4,113,000.00 4,095,683.22 4,113,000.00 (21,257.49) - Cetera Investment Services Money Market 0.010% 0.010% N/A N/A - 606,973.60 - - - N/A Cetera Investment Services Municipal Bonds 3.751% 2.399% 04/29/2016 11/01/2021 250,000.00 250,000.00 267,330.00 (17,330.00) 17,330.00 N/A Cetera Investment Services Municipal Bonds 3.436% 3.436% 12/20/2018 12/15/2021 50,000.00 49,960.00 45,155.00 4,805.00 (4,845.00) N/A Cetera Investment Services Municipal Bonds 2.655% 2.208% 12/11/2017 03/01/2022 300,000.00 302,373.00 305,314.92 (2,941.92) 5,314.92 N/A Cetera Investment Services Municipal Bonds 3.000% 3.118% 12/20/2018 08/01/2022 50,000.00 50,798.50 50,377.67 420.83 377.67 N/A Cetera Investment Services Municipal Bonds 3.633% 3.116% 12/20/2018 09/01/2022 250,000.00 256,872.50 257,217.48 (344.98) 7,217.48 N/A Cetera Investment Services Municipal Bonds 3.650% 3.004% 12/20/2018 02/01/2023 250,000.00 258,570.00 256,165.00 2,405.00 6,165.00 N/A Cetera Investment Services Municipal Bonds 3.240% 3.240% 11/17/2017 02/15/2023 80,000.00 79,300.80 69,633.48 9,667.32 (10,366.52) N/A Cetera Investment Services Municipal Bonds 3.075% 3.236% 12/20/2018 06/01/2023 50,000.00 51,808.50 49,746.15 2,062.35 (253.85) N/A Cetera Investment Services Municipal Bonds 5.290% 2.724% 04/18/2019 06/01/2023 260,000.00 278,306.60 291,059.96 (12,753.36) 31,059.96 N/A Cetera Investment Services Municipal Bonds 2.500% 3.181% 12/20/2018 08/01/2023 35,000.00 35,869.75 34,320.05 1,549.70 (679.95) N/A Cetera Investment Services Municipal Bonds 3.400% 3.148% 12/20/2018 11/01/2023 125,000.00 131,172.50 126,376.25 4,796.25 1,376.25 N/A Cetera Investment Services Municipal Bonds 3.400% 3.148% 12/20/2018 11/01/2023 65,000.00 68,209.70 65,715.65 2,494.05 715.65 N/A Cetera Investment Services Municipal Bonds 2.854% 3.173% 12/20/2018 02/01/2024 100,000.00 104,339.00 99,605.96 4,733.04 (394.04) N/A Cetera Investment Services Municipal Bonds 2.977% 3.246% 12/20/2018 03/15/2024 250,000.00 262,542.50 248,743.99 13,798.51 (1,256.01) N/A Cetera Investment Services Municipal Bonds 1.940% 1.821% 01/13/2020 05/01/2024 65,000.00 66,748.50 65,570.70 1,177.80 570.70 N/A Cetera Investment Services Municipal Bonds 5.742% 3.658% 04/11/2019 08/01/2024 275,000.00 299,178.00 302,390.00 (3,212.00) 27,390.00 N/A Cetera Investment Services Municipal Bonds 2.528% 1.918% 01/13/2020 12/01/2024 100,000.00 103,703.00 102,999.53 703.47 2,999.53 N/A Cetera Investment Services Municipal Bonds 3.922% 3.429% 12/20/2018 12/01/2024 204,000.00 221,340.00 208,181.10 13,158.90 4,181.10 N/A Cetera Investment Services Municipal Bonds 4.400% 3.221% 04/11/2019 07/01/2025 500,000.00 531,695.00 539,101.11 (7,406.11) 39,101.11 07/01/2023 Cetera Investment Services Municipal Bonds 5.640% 3.007% 04/18/2019 08/15/2025 205,000.00 192,548.30 169,737.95 22,810.35 (35,262.05) N/A Cetera Investment Services Municipal Bonds 3.743% 2.740% 04/18/2019 09/15/2025 215,000.00 235,431.45 228,334.53 7,096.92 13,334.53 N/A Cetera Investment Services Municipal Bonds 3.379% 1.934% 08/19/2019 10/01/2025 310,000.00 332,673.40 339,739.18 (7,065.78) 29,739.18 N/A Cetera Investment Services Municipal Bonds 5.600% 1.186% 07/28/2020 12/01/2025 45,000.00 53,086.05 55,250.55 (2,164.50) 10,250.55 N/A Cetera Investment Services Municipal Bonds 4.250% 3.258% 04/11/2019 01/01/2026 500,000.00 555,830.00 529,769.03 26,060.97 29,769.03 N/A Cetera Investment Services Municipal Bonds 2.420% 1.175% 10/06/2020 03/01/2026 100,000.00 103,852.00 106,734.28 (2,882.28) 6,734.28 N/A Cetera Investment Services Municipal Bonds 1.609% 1.124% 09/24/2020 04/01/2026 285,000.00 284,563.95 292,370.10 (7,806.15) 7,370.10 N/A Cetera Investment Services Municipal Bonds 6.690% 3.356% 04/18/2019 04/15/2026 60,000.00 54,710.40 47,545.20 7,165.20 (12,454.80) N/A Cetera Investment Services Municipal Bonds 5.900% 1.451% 07/28/2020 06/15/2026 75,000.00 87,531.00 93,741.75 (6,210.75) 18,741.75 N/A Cetera Investment Services Municipal Bonds 0.000% 1.415% 08/13/2020 07/01/2026 100,000.00 92,005.00 92,037.00 (32.00) (7,963.00) N/A Cetera Investment Services Municipal Bonds 3.250% 2.903% 04/18/2019 08/01/2026 500,000.00 534,935.00 514,790.69 20,144.31 14,790.69 N/A Cetera Investment Services Municipal Bonds 2.150% 2.203% 07/01/2019 12/01/2026 40,000.00 40,188.00 40,150.64 37.36 150.64 N/A Cetera Investment Services Municipal Bonds 1.664% 1.150% 08/27/2020 09/01/2026 225,000.00 226,113.75 231,696.00 (5,582.25) 6,696.00 N/A Cetera Investment Services Municipal Bonds 2.375% 1.816% 09/04/2019 12/01/2026 90,000.00 93,420.90 93,395.70 25.20 3,395.70 N/A Cetera Investment Services Municipal Bonds 2.350% 2.191% 07/01/2019 12/01/2026 500,000.00 509,555.00 505,385.00 4,170.00 5,385.00 N/A Cetera Investment Services Municipal Bonds 3.000% 1.991% 08/19/2019 02/01/2027 50,000.00 52,880.00 53,551.00 (671.00) 3,551.00 N/A Cetera Investment Services Municipal Bonds 3.150% 2.034% 08/19/2019 03/15/2027 100,000.00 107,661.00 109,138.50 (1,477.50) 9,138.50 N/A Cetera Investment Services Municipal Bonds 3.332% 3.120% 04/18/2019 04/15/2027 500,000.00 544,305.00 507,783.94 36,521.06 7,783.94 N/A Cetera Investment Services Municipal Bonds 3.865% 2.470% 08/19/2019 05/01/2027 55,000.00 60,291.55 60,986.48 (694.93) 5,986.48 05/01/2025 Cetera Investment Services Municipal Bonds 3.553% 2.289% 08/19/2019 05/01/2027 55,000.00 59,000.15 60,468.04 (1,467.89) 5,468.04 05/01/2026 Cetera Investment Services Municipal Bonds 3.230% 1.828% 08/19/2019 05/15/2027 145,000.00 157,390.25 160,827.31 (3,437.06) 15,827.31 N/A Cetera Investment Services Municipal Bonds 1.861% 1.254% 06/07/2021 07/01/2027 50,000.00 50,296.50 52,169.22 (1,872.72) 2,169.22 N/A Cetera Investment Services Municipal Bonds 3.000% 3.101% 05/18/2020 09/01/2027 65,000.00 69,493.45 69,180.58 312.87 4,180.58 09/01/2025 Cetera Investment Services Municipal Bonds 2.817% 2.817% 09/25/2019 10/01/2027 35,000.00 30,487.10 27,969.55 2,517.55 (7,030.45) 05/01/2025 Cetera Investment Services Municipal Bonds 3.270% 2.141% 08/19/2019 03/15/2028 155,000.00 167,652.65 170,805.09 (3,152.44) 15,805.09 09/15/2027 Cetera Investment Services Municipal Bonds 2.974% 2.574% 11/07/2019 04/01/2028 75,000.00 77,303.25 77,253.00 50.25 2,253.00 N/A Cetera Investment Services Municipal Bonds 2.547% 1.240% 08/10/2021 07/01/2028 125,000.00 130,671.25 136,101.16 (5,429.91) 11,101.16 N/A Cetera Investment Services Municipal Bonds 3.140% 2.004% 08/19/2019 08/01/2028 500,000.00 537,005.00 547,105.00 (10,100.00) 47,105.00 08/01/2027 Cetera Investment Services Municipal Bonds 3.000% 2.199% 05/19/2020 08/15/2028 90,000.00 95,818.50 95,401.80 416.70 5,401.80 08/15/2025 Cetera Investment Services Municipal Bonds 3.000% 1.942% 08/19/2019 06/01/2029 115,000.00 126,270.00 125,961.80 308.20 10,961.80 N/A Cetera Investment Services Municipal Bonds 4.000% 3.214% 03/22/2021 09/01/2031 60,000.00 62,875.80 64,292.00 (1,416.20) 4,292.00 09/01/2024 Cetera Investment Services Municipal Bonds 3.250% 2.655% 08/19/2019 06/01/2029 75,000.00 79,675.50 79,860.31 (184.81) 4,860.31 02/01/2025 Broker Total 70.6% 8,759,000.00 9,815,282.60 9,124,536.38 83,772.62 365,536.38 TOTAL INVESTMENTS 100.0% $ 12,872,000.00 $ 13,910,965.82 $ 13,237,536.38 $ 62,515.13 $ 365,536.38 Product Type Total Value Total Total Value Total Change Less than 1 year 1 -2 years $1,969,643.86 703,855.65 14.2% 5.1% Money Market $610,914.31 4.4% $591,836.23 4.2% $19,078.08 CD's 2,397,609.06 17.2% 2,401,653.17 17.2% (4,044.11) 2-3years 1,664,068.90 12.0% Government Bonds 1,694,133.45 12.2% 1,704,991.10 12.2% (10,857.65) 3 -4 years 1,862,604.30 13.4% Municipal Bonds 9,208,309.00 66.2% 9,277,082.66 66.4 % 68,773.66 4 -5 years 4,414,662.11 31.7% TOTAL $13,910,965.82 100.0% $13,975,563.16 100.0% ($64,2L341 5+years 3,296,131.00 23.7% TOTAL $13,910,965.82 100.0% mm Government Bonds 12.2% $0.00 Lessthan1 1-2 2-3 3-4 a-s s+ years years years years years year ELECTRIC DIVISION Operating Revenue October 2021 CLASS AMOUNT KWH /KWH Street Lights $22.95 421 $0.05451 Electric Residential Service $421,049.72 3,680,227 $0.11441 All Electric Residential Service $16,002.97 135,579 $0.11803 Electric Small General Service $142,873.85 1,323,346 $0.10796 Electric Large General Service $668,084.22 7,180,600 $0.09304 Electric Large Industrial Service $784,164.10 9,645,000 $0.08130 Total $2,032,197.81 21,965,173 $0.09252 Power Adjustment $0.00672 Rate Without Power Adjustment $0.08580 Electric Division Year -to -Date M2021$A--t 02020$A--t ■2021 KWH110 02020KWH110 25,000,000 24,000,000 23,000,000 22,000,000 21,000,000 20,000,000 19,000,000 18,000,000 17,000,000 16,000,000 15,000,000 14,000,000 13,000,000 12,000,000 11,000,000 10,000,000 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 Street Lights Residential All Elec. Small Gen. Large Gen. Large For Resale Total Resid. Srv. Srv. Industrial NOTE: Sales for resale includes capacity sales, market sales and Transalta sales. NATURAL GAS DIVISION Operating Revenue OCTOBER 2021 CLASS AMOUNT MCF /$ MCF Residential $250,175.61 17,077 $14.64986 Commercial $187,984.26 14,044 $13.38538 Large Industrial $32,046.05 3,881 $8.25716 Large Industrial Contracts $332,148.60 66,590 $4.98797 Total $802,354.52 101,592 $7.89781 Fuel Adjustment $2.18000 Rate Without Fuel Adjustment $5.71781 Natural Gas Division Year -to -Date ® 2021 $ Amouni 0 2020 $ Amount ■ 2021 MCF 132020 MCF 12,000,000 11,000,000 10,000,000 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 Gas Residential Gas Commercial Large Industrial Large Industrial Total Contracts 11/15/21, 1:12 PM eReliability I Monthly Statistics Monthly Report - Hutchinson Utilities Commission Year 2021 Month 10 - October Annual Report? Yes oio No Hutchinson Utilities Commission Minimum duration Maximum duration Top-level Cause Substation Circuit Remove Major Events? https://re liability.publicpower.org/reports/monthly/utility/91 /?year=2021 &month=10&is_annual_report=no&minimum_outage_duration=&maxi mum_outa... 1 /5 11/15/21, 1:12 PM eReliability I Monthly Statistics IEEE 1366 Statistics Metric Oct 2021 Oct 2020 SAI D I 0.036 0.982 SAIFI 0.0007 0.0182 CAI DI 52.4 54 ASAI 99.9999% 99.9977% Momentary Interruptions 0 0 Sustained Interruptions 2 1 Circuit Ranking - Worst Performing Ranked by Outage Count Circuit Substation Fdr#12 Plant 1 Fdr#18 Plant 1 Ranked by Customer Interruptions Circuit Substation Fdr#18 Plant 1 Fdr#12 Plant 1 Ranked by Customer Minutes of Duration Circuit Substation Fdr#18 Plant 1 Fdr#12 Plant 1 Number of Outages 1 1 Customer Interruptions 4 1 Customer Minutes of Duration 200 62 https://re liability.publicpower.org/reports/monthly/utility/91 /?year=2021 &month=10&is_annual_report=no&minimum_outage_duration=&maxi mum_outa... 2/5 11/15/21, 1:12 PM Historical Monthly SAIDI Chart eReliability I Monthly Statistics Historical Monthly SAIFI Chart U.0 0.0 0.0 0.0 0.0 0.0 0.0 Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct 2020 2020 2021 2021 2021 2021 2021 2021 2021 2021 2021 2021 SAIDI of monthly SAIDI values SAIFI of monthly SAIFI values https://re liability.publicpower.org/reports/monthly/utility/91 /?year=2021 &month=10&is_annual_report=no&minimum_outage_duration=&maxi mum_outa... 3/5 11/15/21, 1:12 PM Causes Ranked by Count eReliability I Monthly Statistics Cause Wind Causes Ranked by Duration Cause NVAT Count Duration 4:% https://re liability.publicpower.org/reports/monthly/utility/91 /?year=2021 &month=10&is_annual_report=no&minimum_outage_duration=&maxi mum_outa... 4/5 11/15/21, 1:12 PM Top 2 Outages for the Month eReliability I Monthly Statistics Customers Address Interrupted 710 North High 4 Dr 21416Hwy 15N 1 Total Customers Affected for the Month: Average Customers Affected per Outage: Customer Minutes of Duration Interruption 50 200 62 62 Start Date 10/20/2021 10/13/2021 5 2.5 https://re liability.publicpower.org/reports/monthly/utility/91 /?year=2021 &month=10&is_annual_report=no&minimum_outage_duration=&maxi mum_outa... 5/5 Electric Production Work Order Descri tion Materials 12101 Plant 1 Cooling Tower Fence $ 7,000.00 $ 12102 Plant 1 Brick in Vent Opening 7,000.00 12103 Plant 1 Roof Replacement 40,000.00 12104 Units 6 & 7 Roof Exhaust Fans 30,000.00 12105 CEMS Data Logger Software for Unit 1 70,000.00 12106 Pressure Calibration Machine 15,000.00 Total Total Labor Bud eted Actual Difference - $ 7,000.00 $ 4,692.00 $ (2,308.00) - 7,000.00 - (7,000.00) - $ 40,000.00 29,508.49 $ (10,491.51) - $ 30,000.00 - $ (30,000.00) 2,000.00 $ 72,000.00 65,605.77 $ (6,394.23) - $ 15,000.00 11,036.10 $ (3,963.90) $ 169,000.00 $ 2,000.00 $ 171,000.00 $ 110,842.36 $ (60,157.64) Electric Distribution Work Total Total Order Description Materials Labor Budgeted Actual Difference 22101 Pole Repair or Replacement $ 15,000.00 $ - $ 15,000.00 $ $ (15,000.00) 22102 Install Duct for Reconductor 15,000.00 65,000.00 80,000.00 27,105.85 $ (52,894.15) 22103 Feeders 15 & 16 Reconductor 35,000.00 75,000.00 110,000.00 15,304.24 $ (94,695.76) 22104 Feeder 12A Reconductor 30,000.00 20,000.00 50,000.00 - $ (50,000.00) 22105 Civil Air Patrol 7,000.00 2,000.00 9,000.00 - $ (9,000.00) 22106 Century Court Apartments 2nd Addition 10,000.00 15,000.00 25,000.00 6,818.57 $ (18,181.43) 22107 City Road Projects 10,000.00 10,000.00 20,000.00 2,519.12 $ (17,480.88) 22108 New Developments 50,000.00 - 50,000.00 98,995.94 $ 48,995.94 22109 Feeder 12A Reconductor 15,000.00 7,000.00 22,000.00 $ (22,000.00) 22110 Transformer Replacements 40,000.00 14,000.00 54,000.00 97.14 $ (53,902.86) 22111 Transformer New Developments 50,000.00 50,000.00 33,998.91 $ (16,001.09) 22112 Century Court Apartments 2nd Addition 15,000.00 3,000.00 18,000.00 1,687.45 $ (16,312.55) 22113 Civil Air Patrol 4,000.00 1,000.00 5,000.00 - $ (5,000.00) 22114 Meters 30,000.00 - 30,000.00 8,971.95 $ (21,028.05) $ 326,000.00 $ 212,000.00 $ 538,000.00 $ 195,499.17 $ (342,500.83) Work Order, Description 52101 Vactron 52102 Directional Borer 52103 Natural Gas Service Truck 52104 Misc Tools 52007 Replace #357 Welding Truck Administrative Total Total Budgeted Actual Difference, $ 72,000.00 $ 97,061.28 $ (25,061.28) 167,000.00 113,595.00 53,405.00 75,000.00 - 75,000.00 10,000.00 - 10,000.00 92,700.00 68,930.55 23,769.45 $ 416,700.00 $ 279,586.83 $ (137,113.17) Natural Gas Work Total Total Order Descri ion Materials Labor Bud eted Actual Difference 62101 Misc Developments $ 50,000.00 $ 7,500.00 $ 57,500.00 $ 31,046.61 $ (26,453.39) 62102 Dale St SW (Roberts to South Grade) 5,000.00 1,500.00 6,500.00 (6,500.00) 62103 SCD Trunk Storm 7,500.00 3,000.00 10,500.00 (10,500.00) 62104 Washington Ave (Lynn to Main) 7,500.00 2,000.00 9,500.00 (9,500.00) 62105 Roberts Road SW (Alan to Dale) 15,000.00 5,000.00 20,000.00 (20,000.00) 62106 1st Ave NE (Main to Adams) 5,000.00 2,000.00 7,000.00 (7,000.00) 62107 1st Ave SE (Main to Adams) 5,000.00 2,000.00 7,000.00 (7,000.00) 62108 2nd Ave SW (Franklin to Main) 5,000.00 2,000.00 7,000.00 (7,000.00) 62109 Isolated Main Replacement (Btn Barley and GI 95,000.00 5,000.00 100,000.00 3,540.28 (96,459.72) 62110 Improvements to Regulator Stations 20,000.00 3,000.00 23,000.00 39.98 (22,960.02) 62111 Service Lines 57,000.00 35,000.00 92,000.00 69,639.92 (22,360.08) 62112 Meters, AMI, and All Fittings 100,000.00 4,000.00 104,000.00 23,090.13 (80,909.87) 62113 Residential Regulators 15,000.00 - 15,000.00 (15,000.00) 62114 Industrial Metering and Regulation 80,000.00 5,000.00 85,000.00 2,584.90 (82,415.10) 62115 Pressure Monitors - AMI System 25,000.00 1,500.00 26,500.00 4,016.36 (22,483.64) $ 492,000.00 $ 78,500.00 $ 570,500.00 $ 133,958.18 $ (436,541.82) ,c,« HUTCHINSON UTILITIES COMMISSION Board Action Form 'AlUTlt W Agenda Item: Review Policies Presenter: Jeremy Carter Agenda Item Type: Time Requested (Minutes): 5 Review Policies Attachments:Yes BACKGROUND/EXPLANATION OFAGENDA ITEM: As part of HUC's standard operating procedures, a continual policy review is practiced. This month, the following policies were reviewed and no changes are recommended on these policies at this time: i. CIP Rebate Level of Authority ii. Delegation of Authority Policy iii. Financial Reserve Policy iv. Investment Policy v. Service Beyond City Limits of Hutchinson vi. Surplus Property Policy BOARD ACTION REQUESTED: None Fiscal Impact: Included in current budget: BudgetChange: PROJECT SECTION: Total Project Cost: RemainingCost: Adopted January 27, 2010 Conservation Improvement Program — Rebate Level of Authority All commercial and industrial Conservation Improvement Program rebates in the amount of $25,000 or greater shall be reviewed and approved by Hutchinson Utilities Commission prior to the issuance of the rebate to the recipient. Adopted July 31, 2013 Amended June 27, 2018 Delegation of Authority From time to time the General Manager will be absent. In the absence of the General Manager and when the situation warrants, every effort to contact the General Manager will be made. If the efforts are unsuccessful and the situation still exists, the General Manager's full authority will be delegated to the Natural Gas Division Director. If the Natural Gas Director is absent or cannot be contacted and the situation still exists, the General Manager's full authority is delegated collectively to the Department Managers; Transmission and Distribution, Engineering Services, Production, Financial/Customer Service. When authority has been delegated, the General Manager will be informed, as soon as is possible and practical, of any actions taken or decisions made by the respective director or managers. HUTCHINSON UTILITIES FINANCIAL RESERVE POLICY A. PURPOSE: In order to maintain stable rates and provide reliable service, Hutchinson Utilities Commission (HUC) must have various tools in place to deal with changes in costs or operational performance. Maintaining appropriate financial reserves is one such tool that ensures sufficient funding is available for current operating, capital and debt service needs. Financial reserves absorb short-term financial variability resulting from unexpected operational changes or can reduce the need for large amounts of debt. This policy establishes a Capital Reserve (CR), which is used to cover acquisition of capital assets, including replacement of existing assets, and an Operating Reserve (OR), which addresses short-term financial volatility. HUC will establish a Capital Reserve and Operating Reserve for each of the two utilities — Electric and Gas. Hutchinson Utilities Commission reserves can be classified into three broad categories that include Restricted Cash Reserves, Capital Reserve Funds, and Operating Reserve Funds. A "fund" is a segregation within the Utility's accounting system to keep sources and uses for a particular purpose easily identifiable and reportable. C. GENERAL PROVISIONS In the context of funding future capital equipment or facilities or replacing existing assets with substantial value HUC will analyze the most cost effective and efficient method to finance a project, be it through debt financing, pay -as -you go financing, use of reserves, use of contractual agreements, or through some combination of those various sources or others that may present themselves. At a minimum, reserve balances will be reviewed on an annual basis at, or near, the end of the fiscal year during preparation of the Capital & Operating Spending Plans to ensure adequate compliance with policy and intended funding targets. The minimum funding requirements established for each fund represents the baseline financial condition that is acceptable to the Commission from a risk and long-range financial planning perspective. Maintaining reserves at appropriate levels is a prudent, ongoing business process that consists of an assessment and application of various revenue generating alternatives. These alternatives (either alone or in combination with each other) include, but are not limited to: fees & charges, capital financing, investment of funds, contractual commitments, and levels of capital expenses. I. RESTRICTED RESERVES MR) - Restrictions on these monies are imposed by an outside source such as creditors, grantors, contributors, laws or regulations governing use. An example of restricted funds is bond reserve covenants required as a part of debt issuance. The funds are legally protected by bond covenants and can only be used in the event of default by HUC or to pay down principal at maturity. A. Funding Amount — The bond reserve requirements are established at the time of bond issuance. B. The sources of funds for the (RR) come from the undesignated fund balance of each utility which can change annually based on yearly operating performance and accumulated net revenues and, when appropriate, available short-term liquidity arrangements. 11. CAPITAL RESERVES (CR) - This reserve is established by action of the board to fund capital projects including electric and gas distribution & transmission system infrastructure, production facilities, and fleet that are a part of the 5-year capital improvement plan so HUC can avoid issuing bonds to pay for maintaining normal operations. This reserve is not intended to fund large major capital purchases. (Le ... Fleet, infrastructure replacement or acquisitions) A. Funding Amount — Minimum funding shall be targeted at the estimated current replacement costs of assets expected to be replaced within the next five years. B. Funding Sources — The sources of funds for the (CR) come from the undesignated fund balance of each utility which can change annually based on yearly operating performance and accumulated net revenues and, when appropriate, available short-term liquidity arrangements. 111. OPERATING RESERVES (OR) — This reserve is established by action of the board to address short- term financial risk or variability resulting from unexpected operating results and to address those financial risks that have a more immediate potential impact on the existing organization cost structure. (i.e... Rate Stabilization Reserve Funds, Catastrophic Reserve Funds, PILOT Reserve Funds, Operating Reserves) A. Risk Exposures — Potential sources of cash flow variability addressed by the (OR) include the following risk exposures: 1. Reductions in overall customer demand, 2. Changes in total system load resulting from the actions of large customers, 3. Failure to achieve the budgeted level of net income, 4. Changes in the costs of purchased power, 5. Catastrophic disasters or community events 6. General operation exposures, such as timing mismatch between revenue receipts and expense payment, unforeseen maintenance costs, regulatory compliance costs, and other unexpected increases in the operating budget B. Funding Amount— Target (OR) level has been set at a minimum of 60 days and a maximum of 90 days of total budgeted operating expenses for both the Electric Division and Gas Division. Since the (OR) changes annually for each division based on the following years budget, the (OR) will be adjusted annually. The (OR) target is in addition to the other operating reserve funds listed above. C. Funding Sources — The sources of funds for the (OR) come from the undesignated fund balance of each utility which can change annually based on yearly operating performance and accumulated net revenues and, when appropriate, available short-term liquidity arrangements. IV. FINANCIAL RESERVES HIERARCHY OF FUNDING — The following lists the priorities applied to HUC's reserves. A. Maintaining Operating Reserves (OR) within a 60 day to 90 day operating range. B. Once the Target (OR) level is achieved, excess cash may be applied to the (CR) or other areas at the discretion of the Hutchinson Utilities Commission. V. FINANCIAL RESERVES REPLENISHMENT— The above section describes the hierarchy of funding the reserves. The following describes what actions may be taken to generate cash and replenish the reserves under different scenarios of each of the two utilities. A. If the (OR) and (CR) are at the Target Level: Take no action B. If either the (OR) or (CR) is below the Target Level or if both the (OR) and (CR) are below the Target Level: Take no action during the current year, reevaluate the following year and reduce expenses and/or increase revenues, if necessary, to reach the Target Level within the next three years. VI. FINANCIAL RESERVES FUNDING LEVEL AND FUND BALANCE REVIEWS — The Target levels and fund balance are to be reviewed as follows: A. Target Level Review: Although the actual monetary values are reviewed annually and adjusted to reflect target goals when approving budgets, the Target (OR) and (CR) funding levels are to be evaluated every year. For example, the Commission could revise (reduce or increase) the (OR) or (CR) reserves based on future external factors and forward looking cost drivers. B. Financial Reserves Fund Balance Review: The (OR) and (CR) fund balances are to be monitored monthly by the Finance Department and reviewed annually during the budget review process by the Commission or if an event were suddenly to reduce the fund balances. INVESTMENT POLICY ADOPTED OCTOBER 28, 2015 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY PURPOSE The purpose of this policy is to establish specific guidelines Hutchinson Utilities Commission will use in the investment of Commission funds. It will be the responsibility of the General Manager and Financial Manager to invest Commission Funds in order to attain the highest market rate of return with the maximum security while meeting the daily cash flow demands of the Commission and protecting the capital of the overall portfolio. Investments will be made in accordance with all state and local statutes governing the investment of public funds. II. SCOPE The General Manager and Financial Manager are responsible for the investing of all financial assets of the Hutchinson Utilities Commission, excluding pension funds. These funds are accounted for in the Commission's Audited Financial Statements and Supplementary Information. III. PRUDENCE Investments shall be made with judgment and care, not for speculation, but for investment, considering the probable safety of the capital as well as the probable income to be derived. The standard of prudence to be used by investment officials shall be the "prudent person" standard and shall be applied in the context of managing the overall portfolio. Investment officers acting in accordance with this policy, with MN Statutes, Chapter 118A, and exercising due diligences shall be relieved of personal responsibility for an individual security's risk or market price change, provided that reasonable action is taken to control adverse developments and unexpected deviations are reported in a timely manner. C)R.IFrTI\/F A. Safety - Safety of principal is of critical importance to the investment program. Investments of the Commission shall be undertaken in a manner that seeks to ensure the preservation of principal in the overall portfolio. The objective will be to mitigate credit risk and interest rate risk. 1. Credit Risk - the risk of loss due to failure of the security issuer or backer, will be minimized by: - Limiting investments to the types of securities listed in Section VIII of this investment policy. - Pre -qualifying the financial institutions, broker/dealers, intermediaries, and advisors with which the Commission will do business in accordance with Section VI I. Hutchinson Utilities Commission Investment Policy Page 2 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY - Diversifying the investment portfolio so that the impact of potential losses from any one type of security or from any one individual issuer will be minimized. Insurance or collateral may be required to ensure return of principal. 2. Interest Rate Risk — the risk that the market value of securities in the portfolio will fall due to changes in market interest rates will be minimized to: - Provide for liquidity by reviewing cash flow requirements and make investments to meet the shorter cash flow needs, thereby avoiding the need to sell securities in the open market prior to maturity. - Manage the average maturity of the overall portfolio to be consistent with the risk of the Commission. B. Liquidity - The Commission's investment portfolio will remain sufficiently liquid to enable the Commission to meet all operating requirements reasonably anticipated. The portfolio will be structured so that the portfolio emphasizes liquidity and consists largely of securities with active secondary or resale markets (dynamic liquidity). A portion of the portfolio may be placed in money market mutual funds or local government investment pools which offer same day liquidity for short-term funds. C. Yield - The Commission's investment portfolio shall be designed with the objective of attaining a market rate of return. The core of investments is limited to low -risk securities in anticipation of earning a fair return relative to the risk being assumed. Securities shall generally be held until maturity with the following exceptions: • A security with declining credit may be sold early to minimize loss of principal. • A security swap would improve the quality, yield, or target duration in the portfolio. • Liquidity needs of the portfolio require that the security be sold. IV. DELEGATION OF AUTHORITY Authority to manage the Commission's investment program is derived from MS 118A which authorizes the Commission to invest any funds not presently needed in obligations in which commission debt service funds may be invested. This law applies to all types of funds not presently needed, including all general, special revenue, permanent, trust or other funds regardless of source or purpose. Under this chapter a Government Entity may invest idle funds in state or national banks, savings and loan associations, or credit unions. No person may engage in an investment transaction except as provided under the terms of this policy and the procedures established by the policy. Management responsibility for the investment program is hereby delegated to the General Manager and Financial Manager, who shall be responsible for all transactions. The Financial Manager shall establish procedures for the operation of the investment program, consistent with this policy. Such procedures may include delegation of authority to persons responsible for investment transactions. Hutchinson Utilities Commission Investment Policy Page 3 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY V. ETHICS AND CONFLICTS OF INTEREST The General Manager and Finance Staff involved in the investment process shall refrain from conducting personal business activity that could conflict with proper execution of the investment program, or which could impair their ability to make impartial investment decisions. Investment staff shall annually disclose to the Commission any material financial interests as required by state statute. Investment staff shall subordinate their personal investment transactions to those of the Commission, particularly with regard to the time of purchases and sales, and shall refrain from undertaking personal investment transactions with the same individual with whom business is conducted on behalf of the Commission. VI. AUTHORIZED FINANCIAL DEALERS AND INSTITUTIONS The Commission will annually, by resolution, approve depositories and a list of financial institutions authorized to provide investment services. A. Only approved security broker/dealers, selected by creditworthiness, shall be utilized, with a minimum of $10,000,000 capital and at least five years of operation. B. Financial institutions must be qualified as a "depository" by the Hutchinson Utilities Commission; these may include "primary" dealers or regional dealers that qualify under Securities & Exchange Commission Rule 15C3-1 (Uniform Net Capital Rule). C. All investments must be insured, or registered, or securities must be held by the Commission or its agent in the Commission's name. D. No public deposit shall be made except in a qualified public depository, as established by state laws. E. When investments purchased by the Commission are held in safekeeping by a broker/dealer, they must provide asset protection of $500,000 through Securities Investor Protection Corporations (SIPC), and at least another $2,000,000 Supplemental Insurance Protection, provided by the broker dealer. F. Before engaging in investment transactions with the Hutchinson Utilities Commission, the supervising officer at the securities broker/dealer shall submit a certification of "Notification to Broker and Certification by Broker Pursuant to MN Statute 118A". Said certification will state that the broker/dealer has reviewed the investment policies and objectives, as well as applicable state law, and agrees to disclose potential conflicts or risk to public funds that might arise out of business transactions between the securities broker/dealer firm and the Commission. All financial institutions shall agree to undertake reasonable efforts to preclude imprudent transactions involving the Commission's funds. VII. AUTHORIZED AND SUITABLE INVESTMENTS It shall be the policy of the Hutchinson Utilities Commission that available funds be invested to the best rates obtainable at the time of investment in conformance with the legal and administrative guideline outlined herein. US Treasury Obligations and Federal Agency Hutchinson Utilities Commission Investment Policy Page 4 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY Securities will be given preference when the yields are equal to or greater than alternative investments. The investments of the Hutchinson Utilities Commission will be made in accordance with Minnesota Statutes, section 118A, which lists all permissible investments for Government Entities. COLLATERAL Interest -bearing deposits in authorized depositories must be fully insured or collateralized. Collateral ization will be required on Certificates of Deposits (where the dollar amount is in excess of FDIC coverage). In order to anticipate market changes and provide a level of security for all funds, the collateral ization level will be 110% of the market value of principal and accrued interest. When the pledged collateral consists of notes secured by first mortgages, the collateral level will be 140% of the market value of principal and accrued interest. Collateral shall be deposited in the name of the Commission, subject to release by the Financial Manager. VIII. SAFEKEEPING AND CUSTODY Securities purchased shall be held in a segregated account for the Commission's benefit at a third party trustee as safekeeping agent. The investment dealer or bank in which the security is purchased shall issue a confirmation ticket to the Commission listing the specific instrument, issuer, coupon, maturity, CUSIP number, purchase or sale price, transaction date, and other pertinent information. The financial service provider which executes the transaction on the Commission's behalf shall deliver all securities on a delivery versus payment method (DVP) to the designated third party. Delivery versus payment (DVP) is a way of controlling the risk to which securities market participants are exposed. Delivery of securities (i.e. the change in their ownership) is done simultaneously with payment. This means that neither the buyer nor the seller is exposed to the risk that the other will default. The Commission may not invest in securities that are uninsured. Securities will be held in the Commission's designated accounts. Investments, contracts and agreements may be held in safekeeping with: - Any Federal Reserve bank; - Any bank authorized under the laws of the United States or any state to exercise corporate trust powers, including, but not limited to, the bank from which the investment is purchased. - A primary reporting dealer in United States government securities to the Federal Reserve Bank of New York; or - A securities broker -dealer having its principal executive office in Minnesota, licensed under chapter 80A, or an affiliate of it, and regulated by the Securities and Exchange Commission; provided that the government entity's ownership of all securities is evidenced by written acknowledgments identifying the securities by the names of Hutchinson Utilities Commission Investment Policy Page 5 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY the issuers, maturity dates, interest rates, CUSIP number, or other distinguishing marks. IX. DIVERSIFICATION The Financial Manager or investment designee will attempt to diversify its investments according to type and maturity. The Commission will attempt to match its investments with anticipated cash flow requirements. Extended maturities may be utilized to take advantage of higher yields. Diversifications strategies shall be determined and revised periodically by the Commission for all funds. A. Institutions — Diversity between financial institutions used. a. The Financial Manager or investment designee will attempt to diversify its investments amongst investment companies, keeping in mind that some temporary fluctuations may occur throughout the year (i.e. GO Bonds for projects, etc.) b. No funds may be invested in any one investment company in excess of the amount insured by it. B. Maturities — Diversity in length of maturities. a. Investments shall be made to assure that funds are constantly available to meet immediate payment requirements b. No investments shall be made with a term of more than 10 years.. C. Investments —The Commission should maintain a diversity of investments. a. Depending on market conditions, with the exception of US Treasury Securities, authorized pools, and Federal Agencies (backed by the full faith and credit of the US Government or its agencies), no more than 50% of the Commission's total investment portfolio may be invested in any one of the following: Certificates of Deposit or Commercial Paper. X. POOLING OF INVESTMENTS For the purpose of making the maximum amount of funds available for investment, the cash for Commission Funds, as listed in Part II, is pooled in an investment account. Interest earnings are allocated among the various funds based upon their average cash balance. XI. INVESTMENT POLICY ADOPTION The Commission's Investment Policy shall be adopted by resolution by the Hutchinson Utilities Commission. The Policy shall be reviewed on an annual basis and any modifications made thereto must be approved by the Hutchinson Utilities Commission. Hutchinson Utilities Commission Investment Policy Page 6 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY APPENDIX A — MS STATUTE 118A. DEPOSIT AND INVESTMENT OF LOCAL PUBLIC FUNDS. 118A.01 DEFINITIONS. Subdivision 1.Application. The definitions in this section apply to sections 118A.01 to 118A.06. Subd. 2.Government entity. (a) "Government entity" means a county, city, town, school district, hospital district, public authority, public corporation, public commission, special district, any other political subdivision, except an entity whose investment authority is specified under chapter 11A or 356A. (b) For the purposes of sections 118A.02 and 118A.03 only, the term includes an American Indian tribal government entity located within a federally recognized American Indian reservation. Subd. 3.Financial institution. "Financial institution" means a savings association, commercial bank, trust company, credit union, or industrial loan and thrift company. Subd. 4.Public funds. "Public funds" means all general, special, permanent, trust, and other funds, regardless of source or purpose, held or administered by a government entity, unless otherwise restricted. History: 1996 c 399 art I s 2; 1999 c 151 s 39 118A.02 DEPOSITORIES; INVESTING: SALES, PROCEEDS, IMMUNITY. Subdivision 1.Designation; delegation. (a) The governing body of each government entity shall designate, as a depository of its funds, one or more financial institutions. (b) The governing body may authorize the treasurer or chief financial officer to: (1) designate depositories of the funds; (2) make investments of funds under sections 118A.01 to 118A.06 or other applicable law; or (3) both designate depositories and make investments as provided in this subdivision. Hutchinson Utilities Commission Investment Policy Page 7 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY Subd. 2.Sale; proceeds; immunity, if loss. (a) The treasurer or chief financial officer of a government entity may at any time sell obligations purchased pursuant to this section and the money received from such sale, and the interest and profits or loss on such investment shall be credited or charged, as the case may be, to the fund from which the investment was made. (b) Neither such official nor government entity, nor any other official responsible for the custody of such funds, shall be personally liable for any loss sustained from the deposit or investment of funds in accordance with the provisions of sections 118A.04 and 118A.05. History: 1996 c 399 art I s 3 118A.03 WHEN AND WHAT COLLATERAL REQUIRED. Subdivision l.For deposits beyond insurance. To the extent that funds on deposit at the close of the financial institution's banking day exceed available federal deposit insurance, the government entity shall require the financial institution to furnish collateral security or a corporate surety bond executed by a company authorized to do business in the state. For the purposes of this section, "banking day" has the meaning given in Federal Reserve Board Regulation CC, Code of Federal Regulations, title 12, section 229.2(f), and incorporates a financial institution's cutoff hour established under section 336.4-108. Subd. 2.In lieu of surety bond. The following are the allowable forms of collateral in lieu of a corporate surety bond: (1) United States government Treasury bills, Treasury notes, Treasury bonds; (2) issues of United States government agencies and instrumentalities as quoted by a recognized industry quotation service available to the government entity; (3) general obligation securities of any state or local government with taxing powers which is rated "A" or better by a national bond rating service, or revenue obligation securities of any state or local government with taxing powers which is rated "AA" or better by a national bond rating service; (4) general obligation securities of a local government with taxing powers may be pledged as collateral against funds deposited by that same local government entity; (5) irrevocable standby letters of credit issued by Federal Home Loan Banks to a municipality accompanied by written evidence that the bank's public debt is rated "AA" or better by Moody's Investors Service, Inc., or Standard & Poor's Corporation; and (6) time deposits that are fully insured by any federal agency. Hutchinson Utilities Commission Investment Policy Page 8 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY Subd. 3. Amount. The total amount of the collateral computed at its market value shall be at least ten percent more than the amount on deposit at the close of the financial institution's banking day, except that where the collateral is irrevocable standby letters of credit issued by Federal Home Loan Banks, the amount of collateral shall be at least equal to the amount on deposit at the close of the financial institution's banking day. The financial institution may furnish both a surety bond and collateral aggregating the required amount. Subd. 4.Assignment. Any collateral pledged shall be accompanied by a written assignment to the government entity from the financial institution. The written assignment shall recite that, upon default, the financial institution shall release to the government entity on demand, free of exchange or any other charges, the collateral pledged. Interest earned on assigned collateral will be remitted to the financial institution so long as it is not in default. The government entity may sell the collateral to recover the amount due. Any surplus from the sale of the collateral shall be payable to the financial institution, its assigns, or both. Subd. 5.Withdrawal of excess collateral. A financial institution may withdraw excess collateral or substitute other collateral after giving written notice to the governmental entity and receiving confirmation. The authority to return any delivered and assigned collateral rests with the government entity. Subd. 6.Default. For purposes of this section, default on the part of the financial institution includes, but is not limited to, failure to make interest payments when due, failure to promptly deliver upon demand all money on deposit, less any early withdrawal penalty that may be required in connection with the withdrawal of a time deposit, or closure of the depository. If a financial institution closes, all deposits shall be immediately due and payable. It shall not be a default under this subdivision to require prior notice of withdrawal if such notice is required as a condition of withdrawal by applicable federal law or regulation. Subd. 7. Safekeeping. All collateral shall be placed in safekeeping in a restricted account at a Federal Reserve bank, or in an account at a trust department of a commercial bank or other financial institution that is not owned or controlled by the financial institution furnishing the collateral. The selection shall be approved by the government entity. History: 1996 c 399 art I s 4; 2003 c 51 s 15,16; 2004 c 151 s 1,2; 2004 c 174 s 2; 2007 c 44 s 7; 2007 c 57 art 3 s 39; 2008 c 154 art 10 s I Hutchinson Utilities Commission Investment Policy Page 9 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY 118A.04 INVESTMENTS. Subdivision 1.What may be invested. Any public funds, not presently needed for other purposes or restricted for other purposes, may be invested in the manner and subject to the conditions provided for in this section. Subd. 2.United States securities. Public funds may be invested in governmental bonds, notes, bills, mortgages (excluding high -risk mortgage -backed securities), and other securities, which are direct obligations or are guaranteed or insured issues of the United States, its agencies, its instrumentalities, or organizations created by an act of Congress. Subd. 3.State and local securities. Funds may be invested in the following: (1) any security which is a general obligation of any state or local government with taxing powers which is rated "A" or better by a national bond rating service; (2) any security which is a revenue obligation of any state or local government with taxing powers which is rated "AA" or better by a national bond rating service; and (3) a general obligation of the Minnesota housing finance agency which is a moral obligation of the state of Minnesota and is rated "A" or better by a national bond rating agency. Subd. 4.Commercial papers. Funds may be invested in commercial paper issued by United States corporations or their Canadian subsidiaries that is rated in the highest quality category by at least two nationally recognized rating agencies and matures in 270 days or less. Subd. 5.Time deposits. Funds may be invested in time deposits that are fully insured by the Federal Deposit Insurance Corporation or bankers acceptances of United States banks. Subd. 6.High-risk mortgage -backed securities. For the purposes of this section and section 118A.05, "high -risk mortgage -backed securities" are: (a) interest -only or principal -only mortgage -backed securities; and (b) any mortgage derivative security that: (1) has an expected average life greater than ten years; (2) has an expected average life that: Hutchinson Utilities Commission Investment Policy Page 10 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY (i) will extend by more than four years as the result of an immediate and sustained parallel shift in the yield curve of plus 300 basis points; or (ii) will shorten by more than six years as the result of an immediate and sustained parallel shift in the yield curve of minus 300 basis points; or (3) will have an estimated change in price of more than 17 percent as the result of an immediate and sustained parallel shift in the yield curve of plus or minus 300 basis points. Subd. 7.Temporary general obligation bonds. Funds may be invested in general obligation temporary bonds of the same governmental entity issued under section 429.091, subdivision 7, 469.178, subdivision 5, or 475.61. subdivision 6. Subd. 8.Debt service funds. Funds held in a debt service fund may be used to purchase any obligation, whether general or special, of an issue which is payable from the fund, at such price, which may include a premium, as shall be agreed to by the holder, or may be used to redeem any obligation of such an issue prior to maturity in accordance with its terms. The securities representing any such investment may be sold by the governmental entity at any time, but the money so received remains part of the fund until used for the purpose for which the fund was created. Any obligation held in a debt service fund from which it is payable may be canceled at any time unless otherwise provided in a resolution or other instrument securing obligations payable from the fund. Subd. 9.Broker; statement and receipt. (a) For the purpose of this section and section 118A.05, the term "broker" means a broker -dealer, broker, or agent of a government entity, who transfers, purchases, sells, or obtains securities for, or on behalf of, a government entity. (b) Prior to completing an initial transaction with a broker, a government entity shall provide annually to the broker a written statement of investment restrictions which shall include a provision that all future investments are to be made in accordance with Minnesota Statutes governing the investment of public funds. (c) A broker must acknowledge annually receipt of the statement of investment restrictions in writing and agree to handle the government entity's account in accordance with these restrictions. A government entity may not enter into a transaction with a broker until the broker has provided this written agreement to the government entity. (d) The state auditor shall prepare uniform notification forms which shall be used by the government entities and the brokers to meet the requirements of this subdivision. History: 1996 c 399 art I s 5 Hutchinson Utilities Commission Investment Policy Page 11 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY 118A.05 CONTRACTS AND AGREEMENTS. Subdivision l.May enter into. In addition to other authority granted in sections 118A.01 to 118A.06, government entities may enter into contracts and agreements as follows. Subd. 2.Repurchase agreements. Repurchase agreements consisting of collateral allowable in section 118A.04, and reverse repurchase agreements may be entered into with any of the following entities: (1) a financial institution qualified as a "depository" of public funds of the government entity; (2) any other financial institution which is a member of the Federal Reserve System and whose combined capital and surplus equals or exceeds $10,000,000; (3) a primary reporting dealer in United States government securities to the Federal Reserve Bank of New York; or (4) a securities broker -dealer licensed pursuant to chapter 80A, or an affiliate of it, regulated by the Securities and Exchange Commission and maintaining a combined capital and surplus of $40,000,000 or more, exclusive of subordinated debt. Reverse agreements may only be entered into for a period of 90 days or less and only to meet short-term cash flow needs. In no event may reverse repurchase agreements be entered into for the purpose of generating cash for investments, except as stated in subdivision 3. Subd. 3.Securities lending agreements. Securities lending agreements, including custody agreements, may be entered into with a financial institution meeting the qualifications of subdivision 2, clause (1) or (2), and having its principal executive office in Minnesota. Securities lending transactions may be entered into with entities meeting the qualifications of subdivision 2 and the collateral for such transactions shall be restricted to the securities described in this section and section 118A.04. Subd. 4.Minnesota joint powers investment trust. Government entities may enter into agreements or contracts for: (1) shares of a Minnesota joint powers investment trust whose investments are restricted to securities described in this section and section 118A.04; (2) units of a short-term investment fund established and administered pursuant to regulation 9 of the Office of the Comptroller of the Currency, in which investments are restricted to securities described in this section and section 118A.04; Hutchinson Utilities Commission Investment Policy Page 12 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY (3) shares of an investment company which is registered under the Federal Investment Company Act of 1940 and which holds itself out as a money market fund meeting the conditions of rule 2a-7 of the Securities and Exchange Commission and is rated in one of the two highest rating categories for money market funds by at least one nationally recognized statistical rating organization; or (4) shares of an investment company which is registered under the Federal Investment Company Act of 1940, and whose shares are registered under the Federal Securities Act of 1933, as long as the investment company's fund receives the highest credit rating and is rated in one of the two highest risk rating categories by at least one nationally recognized statistical rating organization and is invested in financial instruments with a final maturity no longer than 13 months. Subd. 5.Guaranteed investment contracts. Agreements or contracts for guaranteed investment contracts may be entered into if they are issued or guaranteed by United States commercial banks, domestic branches of foreign banks, United States insurance companies, or their Canadian subsidiaries, or the domestic affiliates of any of the foregoing. The credit quality of the issuer's or guarantor's short- and long-term unsecured debt must be rated in one of the two highest categories by a nationally recognized rating agency. Should the issuer's or guarantor's credit quality be downgraded below "A", the government entity must have withdrawal rights. History: 1996 c 399 art I s 6; 1997 c 219 s 1; 2000 c 493 s 1; 2005 c 152 art I s 2 118A.06 SAFEKEEPING; ACKNOWLEDGEMENTS. Investments, contracts, and agreements may be held in safekeeping with: (1) any Federal Reserve bank; (2) any bank authorized under the laws of the United States or any state to exercise corporate trust powers, including, but not limited to, the bank from which the investment is purchased; (3) a primary reporting dealer in United States government securities to the Federal Reserve Bank of New York; or (4) a securities broker -dealer having its principal executive office in Minnesota, licensed under chapter 80A, or an affiliate of it, and regulated by the Securities and Exchange Commission; provided that the government entity's ownership of all securities is evidenced by written acknowledgments identifying the securities by the names of the issuers, maturity dates, interest rates, CUSIP number, or other distinguishing marks. History: 1996 c 399 art I s 7; 2010 c 234 s 2 Hutchinson Utilities Commission Investment Policy Page 13 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY 118A.07 ADDITIONAL INVESTMENT AUTHORITY. Subdivision 1.Authority provided. As used in this section, "governmental entity" means a city with a population in excess of 200,000 or a county that contains a city of that size. If a governmental entity meets the requirements of subdivisions 2 and 3, it may exercise additional investment authority under subdivisions 4, 5, and 6. Subd. 2.Written policies and procedures. Prior to exercising any additional authority under subdivisions 4, 5, and 6, the governmental entity must have written investment policies and procedures governing the following: (1) the use of or limitation on mutual bond funds or other securities authorized or permitted investments under law; and (2) specifications for and limitations on the use of derivatives; (3) the final maturity of any individual security; (4) the maximum average weighted life of the portfolio; (5) the use of and limitations on reverse repurchase agreements; (6) credit standards for financial institutions with which the government entity deals; (7) credit standards for investments made by the government entity. Subd. 3.Oversight process. Prior to exercising any authority under subdivisions 4, 5, and 6, the governmental entity must establish an oversight process that provides for review of the government entity's investment strategy and the composition of the financial portfolio. This process shall include one or more of the following: (1) audit reviews; (2) internal or external investment committee reviews; and (3) internal management control. Additionally, the governing body of the governmental entity must, by resolution, authorize its treasurer to utilize the additional authorities under this section within their prescribed limits, and in conformance with the written limitations, policies, and procedures of the governmental entity. If the governing body of a governmental entity exercises the authority provided in this section, the treasurer of the governmental entity must annually report to the governing body on the findings of the oversight process required under this subdivision. If the Hutchinson Utilities Commission Investment Policy Page 14 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY governing body intends to continue to exercise the authority provided in this section for the following calendar year, it must adopt a resolution affirming that intention by December 1. Subd. 4.Repurchase agreements. A government entity may enter into repurchase agreements as authorized under section 118A.05, provided that the exclusion of mortgage -backed securities defined as "high -risk mortgage -backed securities" under section 118A.04, subdivision 6, shall not apply to repurchase agreements under this authority if the margin requirement is 101 percent or more. Subd. 5.Reverse repurchase agreements. Notwithstanding the limitations contained in section 118A.05, subdivision 2, the county may enter into reverse repurchase agreements to: (1) meet cash flow needs; or (2) generate cash for investments, provided that the total securities owned shall be limited to an amount not to exceed 130 percent of the annual daily average of general investable monies for the fiscal year as disclosed in the most recently available audited financial report. Excluded from this limit are: (i) securities with maturities of one year or less; and (ii) securities that have been reversed to maturity. There shall be no limit on the term of a reverse repurchase agreement. Reverse repurchase agreements shall not be included in computing the net debt of the governmental entity, and may be made without an election or public sale, and the interest payable thereon shall not be subject to the limitation in section 475.55. The interest shall not be deducted or excluded from gross income of the recipient for the purpose of state income, corporate franchise, or bank excise taxes, or if so provided by federal law, for the purpose of federal income tax. Subd. 6.Options and futures. A government entity may enter into futures contracts, options on futures contracts, and option agreements to buy or sell securities authorized under law as legal investments for counties, but only with respect to securities owned by the governmental entity, including securities that are the subject of reverse repurchase agreements under this section that expire at or before the due date of the option agreement. History: 1996 c 399 art I s 8 Hutchinson Utilities Commission Investment Policy Page 15 HUTCHINSON UTILITIES COMMISSION INVESTMENT POLICY 118A.08 NO SUPERSEDING EFFECT. Except as provided in Laws 1996, chapter 399, article 1, section 11, sections 118A.01 to 118A.06 shall not supersede any general or special law relating to the deposit and investment of public funds. History: 1996 c 399 art I s 9 Hutchinson Utilities Commission Investment Policy Page 16 HUTCHINSON UTILITIES COMMISSION NATURAL GAS SERVICE BEYOND THE CITY LIMITS OF HUTCHINSON DISTRIBUTION MAIM EXTENSION POLICY THIS DOCUMENT SETS FORTH THE PROCEDURES TO BE OBSERVED WHEN EXTENDING A NATURAL GAS DISTRIBUTION MAIN BEYOND THE CITY LIMITS OF HUTCHINSON. HUTCHINSON UTILITIES COMMISSION DISTRIBUTION MAIN EXTENSION POLICY SERVICE BEYOND CITY LIMITS OF HUTCHINSON 1. DEFINITIONS NATURAL GAS DISTRIBUTION MAIN NATURAL GAS DISTRIBUTION MAIN IS DEFINED AS THAT PORTION OF THE HUC'S NATURAL GAS PIPING AND RELATED FACILITIES WHICH ARE INTENDED TO PROVIDE SERVICE TO MORE THAN A SINGLE CUSTOMER. SUCH PIPING IS NORMALLY LOCATED IN PUBLIC STREETS AND ITS RIGHT- OF-WAY OR ADJACENT TO PROPERTY LINES. 2. INDIVIDUAL REQUESTS FOR GAS MAIN EXTENSION A. APPLICATION PROSPECTIVE CUSTOMERS CURRENTLY WITHOUT NATURAL GAS SERVICE MAY REQUEST SUCH SERVICE BY SUBMITTING A WRITTEN APPLICATION TO HUTCHINSON UTILITIES COMMISSION (HUC). HUC SHALL INVESTIGATE THE POSSIBILITY OF INSTALLING GAS MAIN TO THE CUSTOMER AND SHALL MAKE AN ESTIMATE OF THE COSTS INVOLVED. HUC IS UNDER NO OBLIGATION TO EXTEND NATURAL GAS SERVICE BEYOND THE CITY LIMITS OF HUTCHINSON, MN. B. ALLOWANCES EACH CUSTOMER SHALL RECEIVE A CONSTRUCTION ALLOWANCE BASED ON PROJECTED MARGINAL REVENUE. 1) RESIDENTIAL CUSTOMERS - $9 1 5.00 2) FIRM COMMERCIAL CUSTOMERS ALLOWANCE FOR MAIN SHALL BE BASED ON CUSTOMER'S ESTIMATED ANNUAL REVENUE USING THE FOLLOWING FORMULA (BASED ON SEVEN YEAR RECOVERY): ALLOWANCE = $(U x M) x 7 PAGE 1 OF 5 WHERE: U = ESTIMATED LONG TERM ANNUAL, USAGE IN MCF M = APPLICABLE MARGIN PER MCF MONTHLY "METER CHARGE" NOT CONSIDERED IN CALCULATING CUSTOMER ALLOWANCE AS THIS IS A FIXED COST TO HUC. C. CUSTOMER CONTRIBUTIONS A CONTRIBUTION SHALL BE REQUIRED IF THE ESTIMATED CONSTRUCTION COST OF MAIN EXCEEDS THE MAIN ALLOWANCE(S) FOR THE CUSTOMER(S) REQUESTING THE EXTENSION. THIS PAYMENT IS DUE AS A SINGLE PAYMENT PRIOR TO THE INSTALLATION OF THE MAIN. HOWEVER, IF A RESIDENTIAL CUSTOMER'S CONTRIBUTION FOR MAIN EXCEEDS $300.00, THE CUSTOMER, WITH THE APPROVAL OF HUC, MAY ELECT TO MAKE A SINGLE PAYMENT BEFORE CONSTRUCTION BEGINS OR AGREE TO PAY THE CONTRIBUTION IN TWELVE (1 2) EQUAL INSTALLMENTS, INCLUDING A FINANCE CHARGE BASED ON HUC'S CURRENT WEIGHTED COST OF CAPITAL. THESE INSTALLMENTS SHALL BE BILLED WITH THE UTILITY BILL AND BE PAYABLE ON THE SAME DATE AS THE UTILITY BILL. ALL CONTRIBUTIONS SHALL BE REFUNDABLE IN ACCORDANCE WITH SECTION 3. OF THIS SCHEDULE. 3. REAPPORTIONMENT AND REFUNDS OF CONTRIBUTIONS A. REAPPORTIONMENT OF CUSTOMER CONTRIBUTION WHEN ADDITIONAL CUSTOMERS TAKE SERVICE FROM A MAIN EXTENSION WHICH HAD REQUIRED A CUSTOMER CONTRIBUTION, THE ORIGINAL CONTRIBUTION AND ANY NEW CONTRIBUTION WILL BE REAPPORTIONED AMONG ALL CUSTOMERS ON THE EXTENSION IF THE REAPPORTIONMENT DOES NOT CAUSE AN INCREASE IN ANY EXISTING CUSTOMER'S CONTRIBUTION. IF THE REAPPORTIONMENT CALCULATION WOULD CAUSE AN INCREASE TO ANY CUSTOMER'S CONTRIBUTION, THE PORTION OF NEW MAIN FACILITIES UNDER CONSIDERATION WILL BE CONSIDERED AS SEPARATE AND NEW GAS MAIN EXTENSION SUBJECT TO ALL THE GAS EXTENSION RULES. B. REFUNDS OF CUSTOMERS WITH NO ADDITIONAL CONTRIBUTION THE HUC SHALL MAKE REFUNDS TO THE CUSTOMER(S) OR DEVELOPER WHO MADE THE CONTRIBUTIONS) TOWARD THE EXTENSION OF MAIN FOR A PERIOD OF FIVE (5) YEARS FROM THE INSTALLATION DATE. WHEN THE HUC CONNECTS NEW CUSTOMERS TO THIS PORTION OF MAIN EXTENSION, THE REFUND SHALL BE EQUAL TO THE CHANGE IN THE CUSTOMER CONTRIBUTION VALUE AFTER PAGE 2OF5 REAPPORTIONING THE CONTRIBUTION USING THE ALLOWANCE IN EFFECT AT THE TIME THE EXTENSION WAS INSTALLED. WHEN THE HUC MAKES AN EXTENSION OF MAIN TO SUBSEQUENT CUSTOMER(S) THAT DOES NOT REQUIRE A CONTRIBUTION FROM THE SUBSEQUENT CUSTOMER(S), THE REFUND SHALL, BE EQUAL, TO THE CHANGE IN THE CUSTOMER ALLOWANCE IN EFFECT AT THE TIME THE ORIGINAL EXTENSION WAS INSTALLED AND THE ALLOWANCE IN EFFECT FOR THE NEW FACILITIES LESS THE CONSTRUCTION COSTS OF ALL MAIN. C. SINGLE CUSTOMER PAYMENT OF CONTRIBUTION IF AN INDIVIDUAL CUSTOMER AGREES IN WRITING BEFORE THE MAIN EXTENSION IS INSTALLED TO PAY THE TOTAL REQUIRED CONTRIBUTION, THAT CUSTOMER SHALL BE ELIGIBLE FOR ALL MAIN ALLOWANCE REFUNDS FROM ALL SUBSEQUENT CUSTOMERS ON THE EXTENSION DURING THE REFUND PERIOD. SUCH A WRITTEN AGREEMENT WILL THEREBY PRECLUDE ANY REAPPORTIONMENT OF THE CONTRIBUTION AMONG SUBSEQUENT CUSTOMERS. 1) IF A FURTHER MAIN EXTENSION OFF THE ORIGINAL EXTENSION IS REQUIRED TO SERVE A SUBSEQUENT CUSTOMER AND THE MAIN COST IS LESS THAN THE TOTAL MAIN ALLOWANCE AVAILABLE, THE UNUSED ALLOWANCE SHALL BE REFUNDED TO THE CUSTOMER WHO MADE THE SINGLE PAYMENT CONTRIBUTION OUTLINED ABOVE. 2) IF A FURTHER MAIN EXTENSION OFF THE ORIGINAL EXTENSION IS REQUIRED TO SERVE A SUBSEQUENT CUSTOMER AND THE MAIN COSTS EXCEEDS THE TOTAL MAIN ALLOWANCE AVAILABLE, THE SUBSEQUENT CUSTOMERS SHALL PAY THE CONTRIBUTION FOR THE NEW FACILITIES. 4. RIGHT TO REFUND THE RIGHT TO RECEIVE A REFUND OF ANY CONTRIBUTION HELD HEREUNDER WILL ATTACH TO THE OWNERSHIP OF THE PREMISES FOR WHICH THE ORIGINAL EXTENSION WAS MADE. ANY REFUND SHALL BE MADE TO THE PERSON WHO OWNS SUCH PREMISES) AT THE TIME THE REFUND IS PAID UNLESS THE CONTRIBUTOR HAS RESERVED THE RIGHT TO RECEIVE SUCH REFUND IN THE CONVEYANCE OF THE PREMISES) TO A SUBSEQUENT OWNER AND DEMONSTRATES THAT TO THE HUC. IN THE CASE OF A DEVELOPER MAKING A CONTRIBUTION TO EXTEND GAS INTO A DEVELOPMENT, THE RIGHT TO RECEIVE A REFUND SHALL ATTACH TO THE OWNER OF THE DEVELOPMENT AT THE TIME THE REFUND BECOMES DUE, UNLESS, IN THE CONVEYANCE OF THE DEVELOPMENT, THE DEVELOPER PROVIDES THE HUC WITH A WRITTEN AGREEMENT RESERVING THE RIGHT TO RECEIVE SUCH REFUNDS. PAGE 3OF5 IN NO CASE SHALL THE TOTAL REFUND(S) EXCEED THE AMOUNT OF THE CONTRIBUTION. J. CLEARING RIGHTS AND COSTS CUSTOMER REQUESTING SERVICE SHALL FURNISH, WITHOUT EXPENSE TO THE HUC, RIGHT-OF-WAY, EASEMENTS, PERMITS AND ADDITIONAL COSTS INCURRED TO PROVIDE ADEQUATE CLEARING FOR THE MAIN EXTENSION TO SERVE THE CUSTOMER ALONG A ROUTE APPROVED BY THE HUC AFTER CONSULTING WITH THE CUSTOMER. IF REQUESTED BY THE CUSTOMER, THE HUC WILL DO THE CLEARING AT CUSTOMER'S EXPENSE. THE CUSTOMER SHALL PAY THE HUC THE ESTIMATED COST OF CLEARING TO BE DONE BY THE HUC. COSTS WILL BE ADJUSTED TO ACTUAL COSTS UPON COMPLETION OF THE JOB. 6. TITLE THE TITLE TO ALL DISTRIBUTION MAIN EXTENSIONS MADE BY THE HUC HEREUNDER REMAINS WITH THE HUC. THE HUC MAY AT ANY TIME ADD ADDITIONAL CUSTOMERS TO OR MAKE NEW EXTENSIONS TO AN EXISTING EXTENSION WITHOUT THE CONSENT OF ANY CUSTOMER OR CUSTOMERS WHO CONTRIBUTED TO THE COST OF THE EXISTING EXTENSION, AND WITHOUT INCURRING ANY LIABILITY FOR REFUNDING CONTRIBUTIONS OTHER THAN AS PROVIDED HEREIN. %. CONSTRUCTION STANDARDS ALL NATURAL GAS DISTRIBUTION SYSTEM EXTENSIONS CONSTRUCTED HEREUNDER SHALL CONFORM TO THE HUC'S STANDARDS OF CONSTRUCTION, AND SHALL MEET THE REQUIREMENTS OF GOVERNMENTAL REGULATORY BODIES HAVING JURISDICTION. 8. GENERAL PROVISIONS A. IF IN THE HUC'S SOLE JUDGMENT THE HUC NEEDS AN EASEMENT OVER CUSTOMER'S PROPERTY IN ORDER TO FURNISH SERVICE TO CUSTOMER, CUSTOMER SHALL PROVIDE HUC WITH AN EASEMENT AT NO EXPENSE TO HUC. IF IN THE HUC'S SOLE JUDGMENT HUC NEEDS AN EASEMENT OR EASEMENTS OVER PROPERTY NOT OWNED BY CUSTOMER IN ORDER TO FURNISH SERVICE TO CUSTOMER, CUSTOMER SHALL OBTAIN THE EASEMENT(S) AT NO EXPENSE TO HUC. B. NO STRUCTURES SHALL BE PLACED OVER THE ROUTE OF THE HUC'S NATURAL GAS FACILITIES. HOWEVER, SUCH PROPERTY MAY BE USED FOR GARDENS AND OTHER PURPOSES WHICH WILL NOT INTERFERE WITH MAINTENANCE AND REPLACEMENT OF HUC'S NATURAL GAS FACILITIES. C. PROPERTIES SUBJECT TO AN EASEMENT GRANTED TO HUC SHALL BE GRADED TO A LEVEL WHICH SHALL NOT BE ABOVE OR MORE PAGE 4OF5 THAN 6 INCHES BELOW FINISHED GRADE, PRIOR TO THE TIME INSTALLATION OF NATURAL GAS FACILITIES IS COMMENCED BY HUC. THE HUC SHALL BE NOTIFIED IN ADVANCE OF ANY CHANGES IN GRADE AFTER THE NATURAL GAS FACILITIES HAVE BEEN INSTALLED BY HUC, AND HUC SHALL BE REIMBURSED FOR ANY AND ALL COSTS INCURRED AS A RESULT OF SUCH CHANGE. D. HUC SHALL NOT BE LIABLE FOR DAMAGE TO TREES, SHRUBS, FENCES, SIDEWALKS, DRIVEWAYS OR OTHER OBSTRUCTIONS INCIDENTAL TO THE INSTALLATIONS, MAINTENANCE OR REPLACEMENT OF NATURAL GAS FACILITIES, UNLESS SUCH DAMAGE IS CAUSED BY ITS OWN NEGLIGENCE. PAGE 5OF5 Amended November 25, 2020 Policy on Disposal of Surplus Property DISPOSAL OF EXCESS PROPERTY DECLARATION OF SURPLUS; SALE AUTHORIZATION. The General Manager may, from time to time, recommend to the Hutchinson Utilities Commission that certain personal property (chattels) owned by the Hutchinson Utilities Commission is no longer needed for utility purpose and should be sold. By action of the Commission, this property shall be declared surplus, the value estimated and the General Manager authorized to dispose of that property in the manner stated herein. SURPLUS VALUED UNDER $5,000 The General Manager may sell surplus property with a fair market value of less than $5,000 through negotiated sale. Surplus personal computers greater than three years old may be donated directly to public schools in the city. SURPLUS VALUED OVER $5,000 The General Manager shall offer for public sale, to the highest bidder, surplus property with a fair market value over $5,000. Notice of the public sale shall be given stating time and place of sale and generally describing the property to be sold at least ten days prior to the date of sale by publication once in the official newspaper. The sale shall be to the person submitting the highest bid. EXCEPTIONS Surplus property may be transferred or sold to other state agencies or government units or eligible non-profit organizations in accordance with state law without regard to the requirements of this policy. DISPOSITION OF PROCEEDS All receipts from sales of surplus property under this policy shall be placed in the fund from which it was purchased. PERSONS INELIGIBLE TO PURCHASE HUTCHINSON UTILITIES EMPLOYEES No Utilities officer, manager, or Commissioner or an advisor serving the Utilities in a professional capacity may be purchaser of property under this policy. Other employees may purchase property of the Utility if the property is sold through a competitive bidding process that is open to the public. PROHIBITED PURCHASES It is unlawful for any person to be a purchaser of property under this policy if that purchase is prohibited by the terms of this policy. HUTCHINSON UTILITIES COMMISSION ,c�,« Board Action Form 'AlUTlt Agenda Item: Approve Policy Changes Jeremv Carter Approve Policy Changes es BACKGROUND/EXPLANATION OFAGENDA ITEM: As part of HUC's standard operating procedures, a continual policy review is practiced. The following revisions to the policies below are recommended. Payments of HUC Payables Purchasing Policy/Credit Cards/Fixed Assets BOARD ACTION REQUESTED: Approve Policy Changes Amended November 254, 20201 Policy on Payments of Hutchinson Utilities Commission Payables The Hutchinson Utilities Commission Accountant and Financial Manager are hereby authorized to issue warrant(s) drawn from the proper funds. (Resolution 153 was amended on March 25, 2009 and reads as follows): Resolution 153 authorizes HUC Accountant or HUC Financial Manager to transfer funds by wire or other electronic means. Claims shall be paid upon proper presentation during the year 2024-2022. This policy shall be reviewed on an annual basis. Amended J-L-i1 _-25-,-20°t-3 INov irnb ^r° 24, 2021 POLICY ON PURCHASING State Statute 471.345 Hutchinson Utilities Commission hereby adopts a general policy on the purchasing of equipment, supplies and services. Inventory Agent is authorized to create requisitions and approve purchase orders for purchases associated with Hutchinson Utilities' standard inventory part numbers, which are based on set order points and order quantities. If requirements exceed current order quantities, either an approved Bill of Materials or an approved requisition will be required. All other purchases shall require supervisor permission. Emergency situations may require a deviation from this policy to ensure electric and/or natural gas services to the customers of the Hutchinson Utilities. Joint purchasing of materials, supplies and services shall be considered with other departments only when net economic benefits can be achieved. When a tie exists between low bids, preference will be given to a local supplier. For purchases when the estimate is more than $175,000: 1. The Hutchinson Utilities Commission will authorize permission to advertise for bids. 2. Specifications shall be made available to all prospective bidders. 3. Bids will be opened at a public bid opening. Date will be set in the advertisement for bids. 4. The staff will review bids and may recommend to the Hutchinson Utilities Commission to accept the lowest responsible bidder meeting specifications. 5. Hutchinson Utilities Commission will enter into a contract with the responsible bidder. For purchases between $25,000 and $175,000: 1. The Hutchinson Utilities Commission staff will solicit written, informal quotations from at least two (2) suppliers, if possible, and tabulate the results. 2. Fuel purchases for electrical generation is an exception, for additional exceptions refer to Minnesota Statutes 2017, 471.345 Uniform Municipal Contracting Law. 3. Staff will evaluate the quotes and, in its discretion, determine which quotation is most suitable for HUC and make a recommendation thereon to the commission. 4. Hutchinson Utilities Commission will approve the quote. For purchases up to $25,000- 1 . General Manager authorized to approve purchases up to $25,000. 2. For purchases of $5,000 - $25,000, the Hutchinson Utilities Commission staff may solicit written, informal quotations from at least two (2) suppliers and tabulate the results or, in the alternative purchase equipment, supplies or services on the open market. 3. Staff will recommend acceptance of purchases of $5,000 - $25,000 to the General Manager for approval. For purchases up to $5,000: Directors, Managers, and the City Attorney are authorized to approve requisitions via the purchasing software for purchases requiring a purchase order number. If purchase order numbers are not required each department may use their assigned credit card. 1. Directors, Managers, or the City Attorney will approve all item requests prior to purchasing the item. 2. Receipts will be given to each Director, Manager, or City Attorney as items are purchased to initial, assign appropriate account number and give a description of the item purchased; then forward to Accounting. 3. Accounting will keep a file for each department until monthly credit card statements are received and reconciled. Petty cash may be used for purchases less than $25.00. Employees may make local purchases with prior approval from their Director/Manager. The employee has the option of using a HUC credit card, paying cash for the item, if less than $25.00, and being reimbursed from petty cash, or making the purchase at a local retailer with whom we have an account established. All receipts must to be turned in to the appropriate Director/Manager to initial, assign appropriate account number and then forward to the financial manager. CREDIT CARDS A purchase by credit card must comply with all statutes and rules applicable to Hutchinson Utilities Commission (HUC) purchases. Credit card purchases must comply with the following requirements: Minn. Stat. 412.271, subd. 2 and 471.38, subd.1. Claims presented to HUC for payment must be in writing and itemized. Bills from credit card companies do not contain the detail necessary to satisfy these requirements; therefore, HUC must retain invoices and itemized receipts for items charged to a credit card. The Office of the State Auditor strongly urges local government units to develop a comprehensive credit card use policy to avoid misappropriation of funds or other misuse of the credit card. The following are authorized to make credit card purchases on behalf of HUC: General Manager Natural Gas Director Electric Transmission/Distribution Manager Production Manager Engineering Services Manager Inventory Agent drniini.µ :ir°aive Cooird Company purchases are allowed to be made with a credit card following all HUC spending limit requirements. No personal purchases are to be made with the credit card. Receipts will be given to each department Director/Manager as items are purchased to initial, assign appropriate account numbers and give a description of the item purchased. The receipt then gets forwarded to the financial manager. The financial manager will keep a file for each department until monthly credit card statements are received and reconciled. The financial manager has the authority to approve and question all credit card purchases in so far as the policy applies. The full amount of the statement must be paid each month. FIXED ASSET CAPITALIZATION The Hutchinson Utilities Commission (HUC) will regard fixed assets as capitalized when all of the following criteria are met- 1 . Assets purchased, built or leased have useful lives of one year or more. 2. The cost of the asset (including installation) is $5,000 or more, or work order infrastructure assets whose cost is less than $5,000 individually but the aggregate total is $5,000 or more. 3. The cost of repairing or renovating the asset is $5,000 or more and prolongs the life of the asset. Costs associated with purchasing and implementing software, software maintenance and customer support are considered expenditures and will not be capitalized. Other Considerations: 1. REPAIR is an expenditure that keeps the property in ordinary efficient operating condition. The cost of the repair does not add to the value or prolong the life of the asset. All repair expenditures are charged to the appropriate department and fund. 2. IMPROVEMENTS are expenditures for additions, alterations and renovations that appreciably prolong the life of the asset, materially increase its value or adapt it to a different use. Improvements of the nature are capitalized. Examples of Repairs vs. Improvements Repairs=Expenditures All items -life less than one year All items under $5,000 Property maintenance, wall repair Replacement of machine parts to keep machine in normal operating condition Property restoration (rebuilding) for normal operations Existing building repairs Replacement of small sections of wiring, pipes or light fixtures Patching walls, minor repairs of floors, painting, etc. Patching driveways Improvements=Capitalized Assets Life of more than one year All items $5,000 or more Property rebuilding Replacement of machine parts that prolong the useful life Property restoration for something different or better Building regulation conformity Major replacement of wiring, lighting, pipes or sewer Installation of floor, wall, roof, wall covering, etc. New driveway or major repair Cleaning drapery, carpet, furniture New drapery, carpets, furniture Depreciation Method — Straight Line over the following useful lives: Buildings 35-60 years Transmission Plant (electric) 20-35 years Distribution Plant (electric) 20-35 years Building Improvement 15-30 years Transmission Plant (gas) 10-45 years Distribution Plant (gas) 10-45 years Generation Plant 10-30 years General Plant 5-10 years Vehicles 5-10 years Office Equipment 3-5 years Computer Equipment 3-5 years HUTCHINSON UTILITIES COMMISSION�1` Board Action Form �rMturscti mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm Agenda Item: Non -Waiver of Tort Liability Limits for General Liability Presenter: Jeremy Carter Agenda Item Type: Time Requested (Minutes): 2 New Business Attachments: BACKGROUND/EXPLANATION OFAGENDA ITEM: As part of the League of Minnesota Cities Insurance Trust general liability insurance renewal for the period January 2022 through December 2022, HUC must decide whether or not to waive the statutory municipal tort liability limits from $500,000 per claimant and $1,500,000 per occurrence. If HUC does waive this, then HUC must purchase excess liability coverage. Historically HUC has not waived the municipal tort limit because by doing so, HUC opens itself up to claims and potential payment above the statutory limit. Recommendation is to not waive the tort liability limits. BOARD ACTION REQUESTED: Approve non -waiver of tort liability limits for general liability for the upcoming policy period of January 2022 through December 2022 Fiscal Impact: Included in current budget: No Budget Change: PROJECT SECTION: Total Project Cost: 0.00 Remaining Cost: ah. Q L C Members who, obtain liability coverage through the League of Minnesota Cities Insurance Trust (LMCIT) must complete and return this form to LMCIT before the member's effective date of coverage. Return completed form to your underwriter or email t0,DStech441ML.org. The, decision to waive or riot waive the statutmy toil limits must he, made annually ky the member's governing boet),, in consultation with its attorney O'necessary. Members who obtain liability coverage from LMCIT must decide whether to waive the statutory tort liability limits to the extent of the coverage purchased. The decision has the following effects: 9 if the nieniber does not waive the statutory tool limits, an individual claimant could recover no more than $500,000 on any claim to which the statutory tort limits apply, The total all claimants could recover for a single: occurrence to which the statutory tort limits apply would be limited to $1,500,000. These statutory tort limits would apply regardless of whether the member purchases the optional LMCIT excess liability coverage. l(the inember waives the stattamy tort Innits and does not Purchase excess liability covirage, a single claimant could recover up to 2,00t 0,,O00 for a single occurrence (under the waive option, the tort cap liability limits are only waived to the extent of the member's liability coverage limits,, and the LMCIT per occurrence limit is $2,000,000). The total all claimants could recover for a single occurrence to which the statutory tort limits apply would also be limited to $2,000,000�, regardless of the number of claimants. #'the ineinber waives the stalutoty tort linfits and purchases excess liability coverage, a single claimant could potentially recover an amount up to the limit of the coverage purchased. The total all claimants could recover for a single occurrence to which the statutory tort limits apply would also be limited to the amount of coverage purchased, regardless of the number of claimants. Claims to which the statutory municipal tort limits do not apply are, not affected by this decision, LEAGUE OF MINNESOTA CITIES 145 Universlty Avenue West PVi� (651) 281-1200 FX: (6�51) 281-12'98 INSURANCE TRUST St, Paul, Knnesota 55103 1 F', ; (80,0) 92 5-1122 www,lmc.org LMCIT Member Name: Check one: FV The member DOES NOT WAIVE the monetary limits on municipal tort liability established by �jlljj� Coal §,466J4, DTtic member WAIVES the monetary limits on municipal tort liability established by jM.ji�irn aL 4,Y�Q4, to the extent of the limits of the liability coverage obtained from LMCIT, Date of member's governing boy d meeting: Nioveimber24,2021 Signature: Position: HUTCHINSON UTILITIES COMMISSION B Board Action Form mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm Agenda Item: Approve Write -Offs Presenter: Jeremy Carter Agenda Item Type: Time Requested (Minutes): 2 New Business Attachments: Yes BACKGROUND/EXPLANATION OF AGENDA ITEM: We are requesting that you approve the write-offs in the amount of $8,993.92 as shown on the attached spreadsheet. Past amounts written off are listed below. 2020: $24,998.20 2019: $ 9,603.01 2018: $ 9,850.78 2017: $31,967.78 2016: $11,350.31 2015: $ 7,537.92 2014: $41,279.16 2013: $ 4,316.12 2012: $ 4,067.15 2011: $ 9,792.12 BOARD ACTION REQUESTED: Approve Write Offs FiscalImpact: Included in current budget: Budget Change: PROJECT SECTION: Total Project Cost: Remaining Cost; WRITE OFFS FOR NOVEMBER 2021 Total Electric Gas Last Payment Bankruptcy 436430 298.02 298.02 3/22/2021 298.02 298.02 Deceased 120575 1,282.05 529.49 752.56 3/4/2020 60570 244.77 156.69 88.08 11/23/2020 70360 437.86 374.76 63.10 3/19/2020 80280 245.26 - 245.26 3/4/2021 121214 102.10 75.09 27.01 8/19/2020 121416 42.96 42.96 - 4/14/2021 370934 82.41 82.41 - 5/27/2021 1001535 121.89 107.11 14.78 7/19/2021 2,5 59.30 1,368.51 1,190.79 Non -Payment 350457 30.05 10.84 19.21 1 /6/2015 60625 161.87 161.87 - 1 /26/2015 290813 455.67 265.47 190.20 2/4/2015 300160 123.82 62.35 61.47 2/19/2015 260282 154.36 154.36 - 2/19/2015 191023 67.33 67.33 - 4/21 /2015 40641 1,063.04 301.22 761.82 4/28/2015 420351 147.10 147.10 - 5/18/2015 210632 187.90 49.91 137.99 5/18/2015 160065 247.70 85.53 162.17 5/18/2015 310250 340.66 149.97 190.69 5/18/2015 20330 390.16 80.38 309.78 5/18/2015 140616 194.08 194.08 - 7/2/2015 340008 282.49 282.49 - 7/2/2015 310052 60.16 38.76 21.40 7/22/2015 470108 123.93 123.93 - 7/22/2015 420060 115.90 115.90 - 9/3/2015 453089 128.46 128.46 - 9/3/2015 130499 30.49 30.49 - 9/22/2015 420335 49.49 49.49 - 9/22/2015 420354 165.59 165.59 - 9/22/2015 90220 314.86 293.92 20.94 10/5/2015 420461 113.58 113.58 - 10/21 /2015 162009 121.30 121.30 - 10/21 /2015 470111 269.14 269.14 - 10/21 /2015 350610 53.33 53.33 - 11 /19/2015 130489 78.31 78.31 - 12/4/2015 30385 230.50 150.19 80.31 12/22/2015 300405 258.12 235.22 22.90 12/22/2015 20205 147.57 147.57 - 1/12/2021 50780 24.85 11.72 13.13 no pay 110105 4.79 4.79 - 8/21/2020 Grand Total 8,993.92 5,811.12 3,182.80