This document discusses Advanced Metering Infrastructure (AMI) and defines related terms like smart meters, AMR, and AMS. It outlines the key components of an AMI system including the MDMS, utility wide area network, communications network, and home area network. The document lists advantages of AMI like outage detection, load reduction capabilities, and billing options. It also notes challenges like privacy concerns, additional costs, and technical support needs. Cost estimates provided are $8.5-9.5 million for electric AMI and $6.5-7.5 million for water AMI. The recommendation is to monitor AMI technology advances and prioritize through the city's budget process.