Forest Lake City Council June 10th, 2024
Saturday, March 15, 2025
Approval of consent agenda
Lease agreement for Twin City Docks and Lifts and J&T Landscaping
Issuance of bonds for multifamily housing (Westridge Apartments)
2023 audited financial statements
Issuance of 2024A General Obligation equipment certificates
Street light request for Pioneer Point
Votes (5)
Approve consent agenda 6A-E, G-N
Moved by Council Member · Seconded by Council Member
Approve lease agreement with Twin City Docks/J&T Landscaping
Moved by Council Member Roberts · Seconded by Council Member
Approve resolution 610 2401 for bond issuance host approval
Moved by Council Member · Seconded by Council Member
Accept 2023 audit report
Moved by Council Member · Seconded by Council Member
Adopt resolution 06-10-24-05 for GO equipment certificates ($2.39M)
Moved by Council Member · Seconded by Council Member
Notable Quotes (2)
that audit opinion is a clean unmodified opinion and that's the best that we can give as your auditor
I think that for full transparency that money goes to the General Fund where that property was purchased out of
People (7)
Presiding over city council meeting.
Raised transparency concerns regarding airport land lease revenue allocation.
Provided overview of lease agreement and bond issuance process.
Represented Kennedy and Graven for bond issuance procedure.
Presented 2023 financial audit results.
Managed financial reports and bond certificate process.
Presented street light request status and funding constraints.
Places Mentioned
Events & Meetings (4)
- City Council Meeting - June 10, 2024 (implied)
- Public Hearing - Bond issuance for multifamily housing
- July 8, 2024 - Planned bond rating call
- July 22, 2024 - Planned approval of bond bid
Ordinances & Resolutions (2)
Host city approval for multifamily housing bond issuance
Issuance and sale of 2024A General Obligation equipment certificates