2011 06-21 CC MINUTES - Laserfiche WebLink

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Gem Lake City Council Meeting Page2of6. The Planning Commission has approved the Overlay Ordinance. With corrections requested by the council. OLD BUSINESS Newsletter: Councilmember Artig-Swomley suggested the July issue have an article on the National Night Out and an article on the audit report, letting the residents know how the City is spending their money. In addition, an article on the traffic report received June 20th showing the stops on June 18th regarding the DUIs. Councilmember Rasmussen suggested putting in the newsletter an article on the. residents attending the Workshops each month. Mayor Uzpen suggested writing about incentives to developers coming to the City of Gem Lake to review and report on the Gateway District and how to develop or redevelop property in the city. Councilmember Lindner reported that the MS4 Report was filed on time for 2011. In addition, there should be a news item letting the residents know about the Public Hearing at the Planning Commission in July regarding variances. PUBLIC HEARING None. NEW BUSINESS Audit Report: The company Larson Allen has done the City of Gem Lake's audit report for the past four years. Tom Koop and Michelle Hoffman provided the 2010 report and. presented the information to the City Council, highlighting certain important sections of the audit. Mr. Koop stated that there are some uncorrected mis-statements regarding the investment income, the numbers being different from what is carried through the City's books. Small adjustments were made stating utility income for 2010 instead of 2011. Ms, Hoffman went through the report. Ms. Hoffman called attention to pages 31- 32, a paragraph regarding internal control over financial reporting. Page 33 was regarding the Minnesota Legal Compliance and did not find any issues regarding the main categories. Page 3 is the business view of the City's capital assets arid page 4 is the net assets comparing 2009 to 2010. The City of Gem Lake is financially sound. Page 12 is the Profit & Loss Statement, which are related to the sewer line and repair maintenance. The City of Gem Lake has a solid cash reserve. The auditresults were very clean and a positive result. Good financial results. There are copies available at the Gem Lake City hall for residents to view or also will be on the city's website. Claims for June: The bills for June were discussed and authorized to pay. Councilmember Rasmussen asked why a service call was needed for the building. Look for on the World Wide Web at gemlakemn.org