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Elk River <br /> Municipal Utilities COMMISSION POLICY <br /> Section: Category: <br /> Governance Governance Policies <br /> Policy Reference: Policy Title: <br /> G.2a Commission — City Council Relationship <br /> and Roles <br /> PURPOSE: <br /> With this policy,the Commission describes its role in relation to the Elk River City Council and <br /> the way in which it desires to interact with the City Council. <br /> POLICY: <br /> The Commission and the City Council share the responsibility for ensuring effective governance <br /> of ERMU for the benefit of the City, its citizens, and ERMU's utility customers. The <br /> Commission desires to maintain a working relationship with the City Council that will enable <br /> both bodies to coordinate and carry out their separate responsibilities so that ERMU is governed <br /> with excellence. <br /> Although governed autonomously by the Commission, ERMU is part of the City of Elk River's <br /> City government. This creates opportunities for bringing greater value to the stakeholders of <br /> both the City and ERMU through a hybrid of municipal utilities and city governance. It is the <br /> intent of the Commission to align its governance structures and processes with the city in ways <br /> that will realize opportunities for greater value. <br /> Consistent with the preceding, the Commission will: <br /> 1. Routinely monitor, evaluate, and strive to improve its performance, keeping the City Council <br /> informed in a thorough and timely manner about the effectiveness of the Commission's <br /> governance with respect to the following: <br /> a. Compliance with legal and fiduciary responsibilities; <br /> b. Compliance with Commission-established Governance policies that are periodically <br /> reviewed and updated, and that set expectations for ERMU's strategic and business <br /> results, governance, and management. <br /> Page 1 of 2 <br /> 1Fi <br />