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4.1 ERMUSR 10-10-2023
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4.1 ERMUSR 10-10-2023
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10/6/2023 4:15:53 PM
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10/6/2023 4:09:04 PM
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City Government
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ERMUSR
date
10/10/2023
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UTILITIES COMMISSION MEETING <br />TO:FROM: <br />ERMU Commission Tony Mauren – Governance & Communications Manager <br />MEETING DATE: AGENDA ITEM NUMBER: <br />October 10, 20234.1 <br />SUBJECT: <br />Commission Policy Review – G.2a1 – Payment in Lieu of Taxes (PILOT) and Other Donations to <br />the City of Elk River <br />ACTION REQUESTED: <br />Review the policy and provide any feedback. <br />BACKGROUND/DISCUSSION: <br />This monthcommissioners are reviewing policy G.2a1 – Payment in Lieu of Taxes (PILOT) and <br />Other Donations to the City of Elk River to make comments, ask questions, or recommend <br />updates. <br /> <br />While a PILOT and other donations to a City from its municipal utilities are typical, these <br />contributions should never inhibit ERMU’s ability to make repayment on debt, cause ERMU to <br />become non-competitive, or inhibit needed investment in personnel or infrastructure to meet <br />the needs of customers. <br /> <br />ATTACHMENTS: <br /> ERMU Policy – G.2a1 – Payment in Lieu of Taxes (PILOT) and Other Donations to the City <br />of Elk River <br /> <br />______________________________________________________________________________ <br />Page 1 of 1 <br />35 <br />
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