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7.5. SR 10-17-2005
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7.5. SR 10-17-2005
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1/21/2008 8:35:36 AM
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<br />Page 4 <br />Regular meeting of the Elk River Municipal Utilities Commission <br />October 11, 2005 <br /> <br />5.8 Review and Consider LFG Expansion Project <br />Elk River Municipal Utilities is in the process of pursuing the installation of the 4th engine <br />at the Elk River Landfill at a cost of approximately $650,000. The air permit application has <br />been submitted to MPCA by ERMU while the Elk River Landfill is applying for a landfill <br />expansion permit. During negotiations with Waste Management, it was apparent they desired <br />more payment for their gas to cover their increased cost. Great River Energy was asked if the <br />wholesale purchase power price will increase for the 4th unit. They will increase the payment <br />for the 4th engine by approximately $1,538,000 over the remaining 16 years of the purchase <br />power contract. The issue now at hand is how to distribute these extra funds back to the three <br />parties of Waste Management, Elk River Municipal Utilities, and Sherburne County in an <br />equitable fashion. John Dietz would like to see the refund ratio calculated in percentage <br />instead of actual monies. <br /> <br />Motion by James Tralle to approve the distribution of funds by a percentage system using the <br />suggested monetary rebates as a base to calculate the percentage. John Dietz seconded the <br />motion. Motion carried 3-0. <br /> <br />5.9 Review and Consider 2006 Expense Bud2et <br />The proposed 2005 electric and water budgets were reviewed. Some suggested changes <br />were addressed and a final draft will be presented at the next Commission meeting. <br /> <br />Other Business <br />Steve McDonald addressed the Commissioners regarding the recent indictment of a previous <br />employee for theft by swindle. Letter sent to State Auditor was reviewed in detail regarding <br />history of events and proposed policy changes. Discussion followed regarding how the issue <br />was uncovered and what changes have been made to prevent this action in the future. The <br />changes are: 1) Payroll system is now interfacing with the general ledger, 2) The bank <br />statement is being received unopened by the General Manager who reviews it and then gives it <br />to the finance department, 3) A monthly bank reconciliation verifying the check numbers is <br />being done, 4) Mail is being distributed by the front clerk. All employees W2' s were verified <br />and all contributions were found to be correct. <br /> <br />The next regularly scheduled meeting of the Elk River Municipal Utilities Commission <br />will be Wednesday, November 9,2005. <br /> <br />President Jerry Takle adjourned the regular meeting of the Elk River Municipal Utilities <br />Commission at 6:35 p.m. <br /> <br />
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