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Stanfiec <br />CITY OF ELK RIVER -STORM WATER UTILITY <br />Conclusions <br />June 25, 2012 <br />6.0 Conclusions <br />The City of Elk River currently does not have the staffing levels or the funding mechanism in <br />place to meet the requirements of the new MS4 regulations. The new MS4 regulations are a <br />State and Federal unfunded mandate that the City will be required to meet. A storm water utility <br />fee is a fair and equitable means that many Cities have implemented to comply with the <br />increased cost due to the MS4 permit. Based on the MS4 requirements a fee of $3 per month <br />per Residential Equivalency Unit (REU) is recommended. <br />Project No. 193802143 6.17 <br />