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07-01-1991 ERMU MIN _J A ELK RIVER MUNICIPAL UTILITIES 322 King Avenue Elk River, Minnesota 55330 Phone (612) 441-2020 UTILITIES COMMISSION MEETING JULY 1, 1991 4 : 00 P.M. Present Were: Jim Simpson President James Tralle Vice Chairman George Zabee Trustee Bill Birrenkott General Manager Others Present: Glenn Sundeen Bob McCartney 1) The meeting was called to order at 4 : 00 P.M. by President Simpson. 2) Motion by Mr. Zabee seconded by Mr. Simpson to approve the agenda. The motion carried. 3) Motion by Mr. Zabee, seconded by Mr. Simpson to approve the minutes of the previous meeting as distributed. The motion carried. 4) Motion by Mr. Tralle seconded by Mr. Zabee to adopt an Economic Development Rate to be offered to certain customers the details of which shall be recorded with these minutes. The motion carried. 5) Motion by Mr. Tralle seconded by Mr. Zabee that the Utilities will not assess any property owners for the work done on the Proctor Avenue water main improvements. The motion carried. 6) The Line Superintendent reported on the status of construction projects and other operating conditions. 7) The next meeting was set for Monday August 12, 1991 at 4 : 00 P.M. at the Utilities Office. 8) Motion by Mr. Zabee, seconded by Mr. Tralle to adjourn. The motion carried. Meeting adjourned at 5: 30 P.M. Bill Birrenkott General Manager ELK RIVER MUNICIPAL UTILITIES ECONOMIC DEVELOPMENT RATE This rate is available to those large businesses which are considering locating in Elk River. Eligibility for this rate will be determined by the Elk River Utilities Commission on a case by case basis in which the Commission will consider the following factors: 1) The size of the load (generally only those loads of 500 KW and above will be considered) 2) The number of employees to be in the work force (generally only those firms with 30 or more employees will be considered) 3) The participation of ERMU's power supplier This rate will have the following components: 1) The base rate will be the normal commercial rate in effect at that time. 2) An Economic Development Credit will be given for all Kilowatt Hours consumed based on the following schedule: The first year 10 Mils per KWH The second year 8 Mils per KWH The third year 6 Mils per KWH The fourth year 4 Mils per KWH The fifth year 2 Mils per KWH The sixth year 0 Mils per KWH