Forest Lake City Council June 10th, 2024
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
Full Document Analysis
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)
Mayor BaneMayorPresiding over city council meeting.
Presiding over city council meeting.
Council Member RobertsCouncil MemberRaised transparency concerns regarding airport land lease revenue allocation.
Raised transparency concerns regarding airport land lease revenue allocation.
ChristinaStaffProvided overview of lease agreement and bond issuance process.
Provided overview of lease agreement and bond issuance process.
Jenny BoltonBond CounselRepresented Kennedy and Graven for bond issuance procedure.
Represented Kennedy and Graven for bond issuance procedure.
Andrew GraceAuditorPresented 2023 financial audit results.
1 quote
Presented 2023 financial audit results.
“that audit opinion is a clean unmodified opinion and that's the best that we can give as your auditor”
Audit result summary
KevinStaffManaged financial reports and bond certificate process.
Managed financial reports and bond certificate process.
DavePublic WorksPresented street light request status and funding constraints.
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