Laserfiche WebLink
NOV-13-ZOO2 04:31PM FROM-ERMU ?$3-441-$099 T-517 P.002/004 F-992 <br /> <br />Page 2 <br />Regular meeting of the Elk River Municipal Utilities Commission <br />November 12, 2002 <br /> <br />5.2 Review Revised 2003 Electric and Water Retail Rates <br /> <br /> Electric and Water tariff sheets, and pertinent policy sheets reflecting the proposed rate <br />changes were presented and reviewed. It appears that the ERMU will not have to pass on the <br />entire wholesale rate increase to customers in order to maiatain adequate cash reserves. <br />Winter/Summer rate structure to help curb lawn sprinkling is proposed. An increase ia WAC <br />fees from $1,350 to $1,500/unit is proposed. WAC and SAC charge comparisons with <br />surrounding Cities were reviewed, and discussed. <br /> <br /> George Zabee moved to approve all Electric and Water rate changes, per attached tariff <br />sheets for 2003. John Dietz seconded the motion. Motion carried 3-0. <br /> <br />5.3 Review Revised 2003 Electric & Water Capital Budget <br /> <br /> Bryan Adams explained certain changes and presented the completed 2003 Electric and <br />Water Budget. Commission and Staff reviewed the changes. The budget process was noted <br />as favorable by Commission. <br /> <br /> George Zabee moved to approve the 2003 Electric and Water Budget. John Diem <br />seconded the motion. Motion carried 3-0. <br /> <br />5.4 Review and Consider Meter Deposit Changes <br /> <br /> The currem Meter Deposit and Related Services Policies were reviewed, along with <br />proposed deletions and additions. The consensus of the Commission, and Staff is to <br />eliminate the Meter Deposit for ERMU customers. <br /> <br /> George Zabee moved to approve the elimination of Meter Deposits, and adopt the <br />revised Meter Deposit & Related Services Policies. John Dietz seconded the motion. <br />Motion carried 3-0. <br /> <br /> <br />