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City Council Minutes 07-22-2024 WorkshopMINUTES MONTICELLO CITY COUNCIL WORKSHOP Monday, July 22, 2024 — 4:30 p.m. Academy Room, Monticello Community Center Present: Charlotte Gabler, Lloyd Hilgart, Tracy Hinz, Lee Martie, and Sam Murdoff Absent: None Others: Angela Schumann, Matt Leonard, Sarah Rathlisberger, Tom Pawelk, Ron Hackenmueller, and Jennifer Schreiber 1. Call to Order Mayor Lloyd Hilgart called the workshop to order at 5:30 p.m. 2. 4:30 p.m. Data Center Discussion Rachel Leonard, City Administrator, gave a brief overview of data centers and that companies are approaching the City as a possible location for a data center. Staff updated the Council on the amount of infrastructure a data center would require. There are intensive utility users and require a significant amount of acreage. It was noted that to accommodate a data center the City would need to extend City services. They noted that there would be a contribution back to the City, but they are uncertain as to what that would be. The Council discussed potential for data centers. Mayor Hilgart commented that the only reason a City should invest in a data center is if it has a large tax base that it would justify the risk. Councilmember Gabler also questioned how consistent the tax base would be and how would the centers be valued. Staff noted that they are continuing to gather information and will bring it back to the City Council for further discussion. 3. 5:15 p.m. 2025 Budget Discussion Sarah Rathlisberger, Finance Director, presented budget Workshop #2. This workshop was to note personnel requests, equipment requests, and major non -capital requests. There also was some discussion on Xcel's valuation and projects in process. 4. Adjournment By consensus, the meeting was adjourned at 6:25 p.m. City Council Special Meeting Minutes —July 22, 2024 Recorder: Jennifer Schreiber Approved: Attest: City Council Special Meeting Minutes —July 22, 2024