3.2. SR 11-18-2019 - Laserfiche WebLink

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