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Mr. Mauren went on to explain that the State of Minnesota encourages electronic <br />signatures as a cost-effective and efficient method of operation. <br />Mr. Mauren explained that with the policy's approval he would work with IT staff to <br />implement electronically signable service agreement forms on the website. <br />Chair Dietz asked if this policy would apply to all documents that customers come in <br />contact with. <br />Mr. Mauren explained that while service agreements are the most common application it <br />would apply to other documents as laid out in the policy. <br />Mr. Hanson clarified that while the policy applies to more than service agreements, they <br />would be the first to have electronic signature function built into them and that other <br />documents may carry the feature in the future. <br />Moved by Commissioner Stewart and seconded by Commissioner Westgaard to approve <br />ERMU Commission Policy G.211 Electronic Signatures. Motion carried 5-0. <br />5.0 BUSINESS ACTION <br />5.1 Financial Report —June 2023 <br />Mr. Hanson presented the June 2023 financial report in the absence of the finance <br />manager. He explained that while electric sales are down 3% from prior year, the electric <br />budget is ahead of prior YTD and budget YTD with the removal of a $500,000 power cost <br />adjustment offset. <br />Commissioner Westgaard clarified that while sales and revenue are down performance is <br />favorable. Mr. Hanson confirmed this. <br />Mr. Hanson went on to explain that the water department budget shows sales increasing <br />but being behind prior YTD because of water access charges from large construction <br />projects in 2022. <br />Chair Dietz inquired as to why the financials show a nearly 10% increase for electric sales <br />in Elk River. <br />Mr. Hanson stated he will work with the finance manager when she returns to find the <br />answer. <br />With the warm and dry weather, there was discussion about electric and water sales for <br />the month of July. <br />Elk River Municipal Utilities Commission Meeting Minutes <br />August 8, 2023 <br />Page 3 <br />