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Elk River <br /> Municipal Utilities UTILITIES COMMISSION MEETING <br /> TO: FROM: <br /> Elk River Municipal Utilities Commission Theresa Slominski—Finance &Office <br /> John Dietz—Chair Manager <br /> Al Nadeau—Vice Chair <br /> Daryl Thompson—Trustee <br /> MEETING DATE: AGENDA ITEM NUMBER: <br /> October 13,2015 5.3 <br /> SUBJECT: <br /> Performance Metrics Update <br /> BACKGROUND: <br /> Following adoption of the Commission adopted Performance Metrics program in December <br /> 2012,we are tracking the progress for 2015, to be awarded in 2016. This is a company <br /> performance based program designed to incentivize employee commitment towards the <br /> company's success. Divided into categories representing core values of the company and again <br /> into sub-categories that are quantifiable,this program is designed to track goals that require <br /> companywide support of the employees to continually achieve. When the employees work <br /> together as a team to achieve these goals,the company recognizes a corresponding increase in <br /> value to our customers. <br /> DISCUSSION: <br /> At close of the fiscal 2015 year, and completion of the audit,the final score card will be <br /> evaluated and presented to the Commission for awarding the related bonus in 2016. We will be <br /> tracking the progress of the company and the related score card quarterly throughout 2015. The <br /> third quarter scorecard is attached,with some notes for the third quarter results. <br /> ACTION REQUESTED: <br /> None, this is for information only. <br /> ATTACHMENTS: <br /> • Performance Metrics and Incentive Compensation Policy Score Card-2015 <br /> • P O W E R E D B Y <br /> Page 1 of 1 NATURE <br /> Reliable Public <br /> Power Provider P OW ER ED T o $ ERN E <br /> 77 <br />