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2.4 Renewal Premium for LMCIT Property/Casualty Insurance <br /> John Dietz seconded the motion. Motion carried 2-0. <br /> 3.0 OPEN MIC <br /> No one appeared for open mic. <br /> 4.0 OLD BUSINESS <br /> There is no old business. <br /> 5.0 NEW BUSINESS <br /> 5.1 Second Quarter Delinquent Items <br /> Theresa Slominski presented the delinquent items for the second quarter. Our budgeted <br /> amount for collections and write-offs are $105,000 or .32%Uncollectible Accounts per Revenue <br /> Dollar. According to the American Public Power Association's most recent published standard <br /> ratios (2012),the industry standard is between .10% and .41%. Our write-offs for the year are <br /> well below the standard, at a total of$12,225.08 or .035%. Theresa also included a color-coded <br /> recap comparison with last year, identifying the various categories and running totals. The <br /> commissioners had a few questions. Staff responded. <br /> Daryl Thompson made a motion to accept the 2014 second quarter delinquent items. John <br /> Dietz seconded the motion. Motion carried 2-0. <br /> 5.2 2014 American Public Power Association National Conference Update <br /> Troy Adams summarized on some of the top topics from the 2014 American Public <br /> Power Association(APPA)National Conference that he and Al Nadeau attended. The <br /> Environmental Protection Agency(EPA)ruling on Proposed Carbon Dioxide Emissions <br /> Guidelines for Existing Fossil Fuel-Fired Power Plants is going to cause rates to go up. There <br /> will be a comment period before the rule goes into effect, and through MMUA we'll participate <br /> in those comments to try to lessen the impact the best we can. The rule will go into effect <br /> sometime in 2015 and will be phased in over the next 15 years. Another major discussion point <br /> was cyber and physical security. Staff has discussed these presentations with City IT and will <br /> look to propose policies and adopt practices to better protect our customers from cyber and <br /> physical attacks. Based on the seminar that Al Nadeau just attended on governance, and from <br /> what Troy has been told would be helpful, staff is working on coming up with some type of <br /> Commissioner 101 book. Based on the MMUA manual, staff is working on developing an <br /> ERMU Commission Handbook for the Commission to consider for adoption. This handbook <br /> should help new and existing Commissioners be informed on their fiduciary responsibilities and <br /> Page 2 <br /> Special meeting of the Elk River Municipal Utilities Commission <br /> July 15,2014 <br />