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Troy Adams added that ERMU had budgeted and set aside $60,000 to be applied towards <br /> either the restoration or demolition of the Jackson Street Water Tower. There was further <br /> discussion. John Dietz wanted to know if there were grants available for this type of <br /> project. Zack Carlton responded that city staff would be evaluating grant opportunities to <br /> aid in the restoration. <br /> 2.0 CONSENT AGENDA(Approved By One Motion) <br /> John Dietz had a few questions on the financials,staff responded. <br /> Al Nadeau moved to approve the Consent Agenda as follows: <br /> 2.1 June Check Register <br /> 2.2 June 16,2015 Previous Meeting Minutes <br /> 2.3 Financial Statements <br /> 2.4 Renewal Premium for LMCIT Property/Casualty Insurance <br /> Daryl Thompson seconded the motion. Motion carried 3-0. <br /> 3.0 OPEN FORUM <br /> No one appeared for open forum. <br /> 4.0 OLD BUSINESS <br /> 4.1 Electric Service Territory <br /> As staff prepares for the acquisition of Connexus customers this fall,there are numerous areas <br /> that will be discussed with the Commission. At this point of time,the key points of discussion <br /> are: electric rates,integration of electric utility infrastructure,and customer data migration. <br /> Electric rates—Tom Sagstetter shared that there have been some concerns with the commercial <br /> customers we'll be acquiring and what the rate increase will be for them. We've reached out to <br /> them and have scheduled joint meetings with the business owner and the Chamber of <br /> Commerce to address their concerns.The meetings have gone very well and we have hopefully <br /> put some of their fears to rest.We are still in the fact fmding stage. The bottom line to the <br /> commercial customers depends heavily on their demand usage,but based on the numbers for the <br /> commercial customers we've already analyzed,the rate increase would be approximately 6%. <br /> Staff has been looking into options for rate relief to help in the transition.There have already <br /> been a number of options that appear to be feasible. Staff will be using a third party rate <br /> analysis to help us develop these few options which we'll bring back to the commission. <br /> There was further discussion. The timeline for communication is:a joint letter from ERMU and <br /> Page 2 <br /> Regular meeting of the Elk River Municipal Utilities Commission <br /> July 14,2015 <br />