December 2020
The Lake Mary Township monthly meeting was called to order by Chairman, James Schmidt, with the pledge to the flag at 7:00 pm.
Members present Supervisors: James Schmidt, Donna Hoeper, and Pete Fernholz; Clerk, Sue Hanson, and Treasurer, Christy Tvrdik.
A Motion was made by James Schmidt to approve the agenda, 2nd by Pete Fernholz. Motion carried 3-0.
A Motion was made by James Schmidt to approve the disbursements and claims # 5537-5551, PERA1220, and BNF12-22-20 in the amount of $68,841.34, 2nd by Donna Hoeper. Motion carried 3-0.
A Motion was made by Donna Hoeper to approve the December 2020 minutes, 2nd by Pete Fernholz. Motion carried 3-0.
TREASURERS REPORT: LMT has a balance of $111,800.17. There are three outstanding checks. The CD matured on December 6th, closed on December 7th, and deposited into the money market account.
A Motion was made by James Schmidt to approve the Treasures report as read, 2nd by Donna Hoeper. Motion carried 3-0.
ITEMS FROM THE FLOOR: None
ROAD DISCUSSION:
Bluebill Lane: A resident called regarding the deepening of the ditch. The resident was concerned that it will cause more run-off into Skoglund’s slough. The concern was discussed.
OLD BUSINESS:
MATIT property insurance: Property Insurance proposal was received from MATIT, taking into consideration the insured trust property evaluation. Previously LMT had an agreed property value of $130,000.00 vs a replacement value of $131,763.00. The premium for the agreed property value carries an extra 5% charge. LMT now has a $250.00 deductible, which can be changed to a $1,000.00 or $2,500.00 deductible. A higher deductible would reduce the premium. The premium has already been paid in November. A discussion was had. A motion was made by James Schmidt to leave the deductible at $250.00 for now, 2nd by Pete Fernholz. Motion carried 3-0. A motion was made by James Schmidt to approve Resolution 12-20 stating LMT will change to the replacement cost option, 2nd by Pete Fernholz. Motion carried 3-0.
CD monies: The2 year CD matured on December 6th, closed on the 7th and the money was deposited into the LMT money market account. A discussion was had. Interest rates are very low so other investment options will be looked at.
Newsletter: Changes for the 2021 newsletter were discussed. Donna Hoeper is working on necessary changes and will check into printing and mailing costs.
NEW BUSINESS:
MATIT Liability Insurance form: Workman’s Comprehensive insurance form was received from MATIT. The form was reviewed. It will be sent back to MATIT when it is completed.
Development-Bertram Concept-review meeting: A reviewal meeting will be held Dec. 15, 2:00 PM at the Public Works Building regarding the proposed development and storage building on Trousil Dr. A discussion was had. Pete Fernholz will attend the meeting to discuss road requirements, Swing Safe mailbox supports, and sewer hook-up.
Auditor-Engagement letter for 2020: An engagement letter was received from Brian D. Koehn, CPA, PLLC. The letter was reviewed and signed.
Special assessment year-end report: The special assessment year-end report for the ALASD sewer was sent to Auditor. After the 2020 taxes are paid by residents, there will only be one residential sewer that has a remaining assessment balance.
Upcoming meetings: A discussion was had to set up dates.
February monthly meeting: Tuesday, February 9th at 7:00 PM.
Board of Audit meeting: Tuesday, February 16th at 7:00 PM.
LMT Annual meeting: Tuesday, March 9th at 8:15 PM following the election.
March monthly meeting: Wednesday, March 10th at 7:00 PM.
Calendar: December and January calendars were reviewed and discussed.
Next Meeting January 12, 2021 @ 7:00 PM
Permits: Land use permits were reviewed.
MAILBAG- Mailbag was reviewed and discussed.
ADJOURN
A Motion was made by James Schmidt at 8:08 PM to adjourn the meeting, 2nd by Donna Hoeper. Motion carried 3-0.
Respectfully Submitted,
Sue Hanson, Clerk
Chairman____________________________________________________