The decision to raise electric rates was driven by the recent buyout of Minnesota Power. While the new owners plan to keep the electric side stable, an increase in transmission costs is expected. This prompted the city’s electric committee to propose the rate hike as a preemptive measure. A council member noted that negotiations would commence early next year to address further potential increases. The council’s approval of the updated fee schedule, which includes the rate hike, aims to mitigate financial impacts on residents as the city prepares for upcoming contract discussions.

Another major topic was the final payout for the 2024 street improvement project. The Council approved a payment of $114,730.86. The council is still waiting for final closeout documents related to stormwater permits before officially concluding the project. This payout was essential to ensure the financial closure of the project by year’s end.

The council also addressed several leasing matters, including the library lease, which will see an increase from $1,200 to $1,500 per month over the next four years. This adjustment reflects changes since the last contract five years ago. Similarly, a new lease agreement for city apartments was approved, following a standard format where tenants cover utilities and rent, with adjustments made for the food shelf lease.

Additionally, the council approved various planning and zoning requests, including a permit for a shipping container and a temporary banner sign for Eric Andrews’ business, replacing an existing trailer. These permits were approved to accommodate winter operations before further renovations in the spring.

In other updates, the council received a briefing on the city’s snow plowing and ice control policy. The meeting concluded with a report on clubhouse memberships and an update on the upcoming installation of new ventilation systems.