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3.1.B ERMU MINUTES 05-11-2010
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3.1.B ERMU MINUTES 05-11-2010
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City Government
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ERMUMIN
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5/11/2010
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ELK RIVER MUNICIPAL UTILITIES <br />REGULAR MEETING OF THE <br />UTILITIES COMMISSION <br />HELD AT UTILITIES CONFERENCE ROOM <br />April 13, 2010 <br />Members Present: John Dietz, President; Jerry Gumphrey, Vice Chair; <br />Daryl Thompson, Trustee <br />ERMU Staff Present: Troy Adams, Director of Operations; <br />Theresa Slominski, Finance Director/Office Manager; <br />Mark Fuchs, Line Superintendent; <br />David Berg, Water Superintendent; <br />Wade Lovelette, Technical Services Superintendent; <br />Judy McSpadden, Recording Clerk; Richard Wagner, Peter Nielsen <br />City Staff Present: Lori Johnson, City Administrator; Tim Simon, Finance Director <br />Others Present: Mark Mathison, Attorney from Gray Plant Mooty Law Firm; <br />Andrew Berg, Auditor for Abdo, Eick & Meyers <br />1.1 Call meeting to order April 13.2010 <br />John Dietz called the April 13, 2010 meeting to order at 4:00 p.m. <br />2.1 Consider Utilities Agenda <br />Troy Adams requested 4.0 be added to the agenda titled Resolution for Refunding. John Dietz <br />added two items to discuss under Other Business. <br />Daryl Thompson moved to approve the April 13, 2010 amended Utilities Agenda. Jerry <br />Gumphrey seconded the motion. Motion carried 3-0. <br />3.1 Consider Consent Agenda <br />John Dietz had questions on the check register and financials, staff responded. <br />Jerry Gumphrey moved to approve the Consent Agenda as follows: <br />a. March Check Register <br />b. March 9, 2010 Minutes <br />c. Financial Reports <br />Darly Thompson seconded the motion. Motion carried 3-0. <br />4.0 Resolution for Re -funding <br />ERMU, in conjunction with the City of Elk River, refinanced a building bond at a lower rate <br />saving ERMU approximately $97,000. Theresa Slominski informed commissioners that after <br />discussion with Ehlers & Associates it was determined a resolution was necessary. The resolution <br />was reviewed. <br />
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