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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($32,949.5 1), <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 $8,522.9 1(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 />