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LRRWMO Meeting Minutes <br />October 17, 2024 Page 2 <br />Weaver commented that residents make a large investment to live on the river and to not be able <br />to use that resource is a big deal. <br />APPROVE MINUTES <br />September 19, 2024 Regular Meeting <br />Motion was made by Holthus, seconded by Musgrove, to approve the September 19, 2024, <br />Regular Meeting minutes as presented. Vote: 2 ayes, 0 nays, 1 abstain (Weaver). Motion <br />carried. <br />FINANCE MATTERS <br />Treasurer's Report <br />Yager presented the Treasurer's Report for the period ending September 30, 2024. Account <br />balances for the period were: Checking, $188,042.84; less permit account balance of ($32,949.51), <br />less Generation Plan reserves balance of ($32,493.43); for a total balance of $122,599.90. <br />Musgrove noted that the permit statement showed a lot of outstanding balances and asked if that <br />is accounted for in the summary report as uncleared transactions. Yager clarified that uncleared <br />transactions are checks that have not yet cleared the bank whereas receivables are reflected on the <br />second page of the report. <br />Motion was made by Holthus, seconded by Weaver, to accept the Treasurer's Report for the <br />period ending September 30, 2024. Vote: 3 ayes, 0 nays. Motion carried. <br />Payment of Bills <br />Yager presented the payment of bills for Barr Engineering in the amount of $8,522.91(August <br />engineering services), Timesaver in the amount of $747.40 (September secretarial services), and <br />RTY Consulting in the amount of $2,059 (third quarter accounting services). <br />Musgrove referenced the Barr Engineering invoices that are from August and asked if that delay <br />is typical. Yager stated that Barr Engineering has changed their invoicing to do full month <br />invoicing and therefore is behind. She stated that she has received the September invoice, but it <br />was not early enough to include for this meeting and will come forward next month. <br />Motion was made by Holthus, seconded by Weaver, to authorize payment as presented and <br />indicated above. Vote: 3 ayes, 0 nays. Motion carried. <br />Posting for Audit Services <br />Yager stated the 2025 budget includes an audit, noting that the last audit was completed in 2020 <br />for the 2019 calendar year. She stated that the LRRWMO is required to complete an audit every <br />five years and therefore she would like to post for the services to get someone on board to complete <br />the audit. <br />Motion was made by Weaver, seconded by Holthus, to authorize posting for audit services <br />as proposed. Vote: 3 ayes, 0 nays. Motion carried. <br />