3. ERMU MINUTES 01-15-2008 - Laserfiche WebLink

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Page 3 Regular meeting of the Elk River Municipal Utilities Commission December 11, 2007 James Tralle moved to approve the Elk River Municipal Utilities 2008 fee and rates schedule with the exception of the water rate to be revisited at a later date. Jerry Gumphrey seconded the motion. Motion carried 3-0. 5.3 Review & Consider 2008 Dispersed Generation Rate Chance The dispersed generation program has been offered for a number of years to our demand customers who have on site generation or the ability to curtail load during times of peak load. Because our demand rate is higher than our competition, we have offered this program as a way for the participating customers to reduce their energy costs. The two large data centers will be eligible for this program and it is in our interest to get them to participate. The proposed dispersed generation program description, agreement, and saving calculations were reviewed. Jerry Takle moved to approve the Dispersed Generation rate and agreement as presented. James Tralle seconded the motion. Motion carried 3-0. 6.1 Review & Consider Refunding Water Bonds The City of Elk River's bond rating went up so their interest rate is lower. Staff recommends refunding two water bonds which would save the water fund over $90,000. These bonds are Water Revenue Bonds, Series 1998B and Series 2001 A. James Tralle moved to approve the sale of G.O. Water Revenue Refunding Bonds, Series 2008A. Jerry Gumphrey seconded the motion. Motion carried 3-0. 6.2 Review Position Description for Part-time Accountant The 2008 Elk River Municipal Utilities budget contains an addition of a.5 FTE (full time equivalent) accountant. The position description, evaluation form, salary, and comparable worth impact were discussed. James Tralle asked Theresa if 20 hours a week would be enough or if this position should be full time. Theresa responded that the 20 hours a week would be sufficient for now. Jerry Gumphrey moved to approve hiring a .5 FTE accountant. James Tralle seconded the motion. Motion carried 3-0. 6.4 Review 4'h Quarter Write-offs Third and fourth quarter write-off list was presented. Items are written off due to moving out and unable to locate, refusal to pay, bankruptcy, or general cleanup of small amounts. They are written off our system and turned over to Advantage Collection Agency to fiurther pursue. The collection agency's success rate is about 21 %.