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The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community <br />engagement that encourages and inspires prosperity <br /> <br /> <br />Request for Action <br /> <br />To <br />Economic Development Authority <br />Item Number <br />9.1 <br /> <br />Meeting Date <br />March 18, 2024 <br />Prepared By <br />Brent O'Neil, Economic Development Director <br /> <br />Item Description <br />Downtown Electric Vehicle Chargers <br />Reviewed by: <br />Brent O'Neil, Economic <br />Development Director 3/14/2024 <br />Cal Portner, City Administrator 3/14/2024 <br /> <br />Action Requested <br />Item presented for information and discussion purposes. <br /> <br />Background/Discussion <br />Elk River Municipal Utilities (ERMU) recently shared with the EDA its desire to no longer own and operate <br />electric vehicle chargers in the downtown area. Rather than remove them, ERMU inquired whether the EDA <br />would be interested in taking over ownership of the chargers. The EDA requested more information to <br />discuss the merits in more detail at a work session. Sara Youngs of ERMU will be present to share operational <br />and financial information. Should the EDA desire to take ownership of the chargers, staff would work with <br />ERMU on a transfer agreement to present at an upcoming EDA meeting. <br /> <br />Financial Impact <br />N/A <br /> <br />Mission/Policy/Goal <br />Support the city's Energy City initiative. <br /> <br />Attachments <br />None <br /> <br /> <br />Page 22 of 22