Lakeside Business Improvement District Agenda 11-20-2024

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                                      CITY OF MUSKEGON
                           LAKESIDE BUSINESS IMPROVEMENT DISTRICT-
                              CORRIDOR IMPROVEMENT AUTHORITY
                                       BOARD MEETING


DATE OF MEETING:                              November 20, 2024
TIME OF MEETING:                              9:00 a.m.
PLACE OF MEETING:                             City Hall Room 204, 933 Terrace St, Muskegon, MI


                                                                     AGENDA

I.         Roll Call

II.        Approval of minutes – October 9, 2024

III.       CIA Agenda Items – Jocelyn Hines

                    A. CIA Financial Statements – October 31, 2024

IV.        BID Agenda Items – Jocelyn Hines

                    A. BID financial statements – October 31, 2024
                    B. Lakeside parking discussion – Planning Department
                    C. Holidays in Lakeside
                          a. Small Business Saturday – Saturday, November 30
                          b. Holiday Punch Cards
                    D. Placer Reports
                          a. Cruise into Lakeside Car Show – September 21
                          b. Lakeside Fall Festival – October 5

V.         Adjourn




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                    The City of Muskegon will provide necessary reasonable auxiliary aids and services, such as signers for the hearing
                     impaired and audio tapes of printed materials being considered at the meeting, to individuals with disabilities who
                    want to attend the meeting, 24- hour notice to the City of Muskegon. Individuals with disabilities requiring auxiliary
                                  aids or services should contact the City of Muskegon by writing or calling the following:

                    Ann Marie Cummings, City Clerk at 933 Terrace Street, Muskegon, MI 49440 or by calling (231) 724-6705 or TTY/
                                        TDD: Dial 7-1-1 and request that representative dial 231-724-6705
                      LAKESIDE BUSINESS IMPROVEMENT DISTRICT-
                                 CORRIDOR DEVELOPMENT AUTHORITY
                                             REGULAR
                                          BOARD MEETING
                                           October 9, 2024
                                         MEETING MINUTES

Meeting called to order at 9:02 am by M. Flermoen.

I.   ROLL CALL
MEMBERS PRESENT:               M. Lyonnais, R. Jenkins. M. Flermoen, L. Hopson, S. Wilson, D. Ghezzi, M. Smith
MEMBERS ABSENT:                J. Knowlton
OTHERS PRESENT:                J. Hines, I. Gonzalez and W. Webster of Development Services, Cindy Langlois
II.        Approval of minutes –Approval of minutes from September 18, 2024 was made by M. Smith and supported
           by R. Jenkins. All in favor.
III.       CIA Agenda Items – Jocelyn Hines
               A. CIA Financial Statements – September 30, 2024 S. Wilson motioned to accept the Lakeside CIA
                   financial statement as of September 30, 2024, supported by L. Hopson with M. Lyonnais, R.
                   Jenkins. M. Flermoen, L. Hopson, S. Wilson, D. Ghezzi, M. Smith voting aye.
IV.        BID Agenda Items – Jocelyn Hines
               A. BID financial statements – September 30, 2024 L. Hopson motioned to accept the BID financial
               statements of September 30, 2024, supported by S. Wilson with M. Lyonnais, R. Jenkins. M.
               Flermoen, L. Hopson, S. Wilson, D. Ghezzi, M. Smith voting aye.
               B. Muskegon Innovation Hub Presentation – Cyndi Langlois - Discussion only – Cyndi shared
               opportunities of the HUB to help small businesses. Business coaching, grant opportunities, shared office
               space.
           C. Snow Removal BID Discussion – Jocelyn Hines shared the only bid received from Elite Integrated Pest
           Management. The bid will be for three years starting November, 2024. R. Jenkins made a motion to accept
           the submitted bid from Elite Integrated Pest Management & Snowplowing in the amount of $23,000 and to
           get prior approval if there is any further additional equipment needed to remove snow from the area.
           Supported by M. Lyonnais with M. Lyonnais, R. Jenkins. M. Flermoen, L. Hopson, S. Wilson, M. Smith
           voting aye. D. Ghezzi has abstained.
           D. Lakeside Fall Festival Debrief – Mark Flermoen gave an update that the event was a great success. Wants
           body count for the festival and the car show. Commented that because of the amount of foot traffic,
           further safety measures need to take place like road closure. Revisiting social district rules will be revisited
           with boundaries and non-alcohol establishments.
           E. Holidays in Lakeside
                     i. Small Business Saturday -November 30 - Jocelyn is working out the logistics and will be updated
                        in next meeting. Brochures have been printed and will be sent out later in the month to all
                        addresses in the city.
                    ii. Holiday Punch Cards
           Other Business –
       -   There is an opening for another BID member, please spread the word. Applications are on the website.
       -    Preferred will do inventory on the current lights and get back to J. Hines


V.         Adjourned at 10:08 – Next meeting will be November 20, 2024
                         Lakeside Corridor Improvement Authority
                         Agenda Items III-A for November 20, 2024

                            Financial Statement as of 10-31-2024

Requesting Party: City Economic Development

Outline of Request: Staff is asking the Lakeside CIA to review and accept the CIA financial
statement as of October 31, 2024.

Staff Comments: As of October 31 2024, your fund balance is $29,775.04. There is not much
change to this financial statement except an interest income of $12.39. At our February 2024
meeting, we voted to transfer up to $19,356 to the Lakeside BID to cover additional expenses of
the BID. This transfer will happen once these funds are needed.

Staff Recommendation: To accept the Lakeside CIA financial statement as of October 31,
2024.

Suggested Motion: I move to accept the Lakeside Corridor Improvement Authority financial
statement as of October 31, 2024.
     LAKESIDE CIA FINANCIAL FOR 10/31/2024




Revenues                                              2023 ACTUAL            2024 BUDGET             31-Oct-24
Special Assessments                              $            7,473.00   $          22,198.00   $          22,198.00
Interest Income                                  $               29.64   $                -     $              74.40
Total                                            $            7,502.64   $          22,198.00   $          22,272.40

Expenses                                              2023 ACTUAL            2024 BUDGET              31-Oct-24
Landscaping                                       $                 -    $                -     $                 -
Holiday Decorations                               $                 -    $                -     $                 -
Snow Removal                                      $                 -    $                -     $                 -
Contingency                                       $                 -    $                -     $                 -
Transfer to Lakeside BID                          $                 -    $          19,356.00   $                 -
Advertising                                       $                 -    $                -     $                 -
Total Expenses                                    $                 -    $          19,356.00   $                 -

Net Rev/Expenses                                 $            7,502.64   $           2,842.00   $          22,272.40

Fund Balance at Beginning of Year                 $                 -                           $            7,502.64

Fund Balance at End of Year                      $            7,502.64                          $          29,775.04




 O:\Planning\COMMON\BID & CIA-Lakeside\Lakeside CIA-BID 2024\Lakeside BID-CIA meeting 11-20-24\Lakeside CIA October 31
                                                        2024
                          Lakeside Business Improvement District
                         Agenda Items IV-A for November 20, 2024

                             Financial Statement as of 10-31-2024

Requesting Party: City Economic Development

Outline of Request: Staff is asking the Lakeside BID to review and accept the BID financial
statement as of October 31, 2024.

Staff Comments: As of October 31, 2024, your fund balance is $17,704.91. The total amount
for expenditures was $2,972.99 for Fall Festival expenses and $1,475 for advertising. The total
amount for revenue was $594 in additional special assessment income and $8.79 in interest
income. There was also a sponsorship in the amount of $500 for the Lakeside Fall Festival.
There is a fund balance of $8,082.46. This fund balance is different than previous financial
statements due to the financial statements now being on a calendar year.

Staff Recommendation: To accept the Lakeside BID financial statement as of October 31,
2024.

Suggested Motion: I move to accept the Lakeside Business Improvement District financial
statement as of October 31, 2024.
                                               GL ACTIVITY REPORT FOR CITY OF MUSKEGON
                                                    From 01/01/2024 to 10/31/2024


Date         JNL   Type   Description                             Reference #                      Debits     Credits            Balance

01/01/2024                231-000-001 CASH IN BANK                                       BEG. BALANCE                          7,502.64
01/31/2024   GJ    JE     INTEREST ON INVESTMENTS                                 9838              1.56                       7,504.20
02/29/2024   GJ    JE     INTEREST ON INVESTMENTS                 9851                              3.13                       7,507.33
03/05/2024   GJ    JE     AD VALOREM PROP TAX CAPT FOR LKSIDE C   9780                         22,198.00                      29,705.33
03/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10051                             7.75                      29,713.08
04/30/2024   GJ    JE     INTEREST ON INVESTMENTS                 10086                            12.38                      29,725.46
05/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10254                            12.39                      29,737.85
05/31/2024   GJ    JE     TO REVERSE MANUAL JOURNAL ENTRY: 1025   10255                                        12.39          29,725.46
05/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10256                            12.39                      29,737.85
06/30/2024   GJ    JE     INTEREST ON INVESTMENTS                 10309                            12.39                      29,750.24
07/01/2024                24-25 Fiscal Year Begin                                                                             29,750.24
07/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10466                            12.40                      29,762.64
08/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10606                            12.40                      29,775.04
10/31/2024                                                        END BALANCE                  22,284.79       12.39          29,775.04


01/01/2024                231-000-399 FUND BALANCE UNRESERVED                            BEG. BALANCE                         (7,483.91)
07/01/2024                24-25 Fiscal Year Begin                                                                             (7,483.91)
10/31/2024                                                        END BALANCE                                                 (7,483.91)


01/01/2024                231-000-402 PROPERTY TAX                                       BEG. BALANCE                               0.00
03/05/2024   GJ    JE     AD VALOREM PROP TAX CAPT FOR LKSIDE C                   9780                      22,198.00         (22,198.00)
07/01/2024                24-25 Fiscal Year Begin                                                                                   0.00
10/31/2024                                                        END BALANCE                               22,198.00               0.00


01/01/2024                231-000-665-004970 INCOME TAX-PENALTY & INTEREST               BEG. BALANCE                            (18.73)
01/31/2024   GJ    JE     INTEREST ON INVESTMENTS                                 9838                          1.56             (20.29)
02/29/2024   GJ    JE     INTEREST ON INVESTMENTS               9851                                            3.13             (23.42)
03/31/2024   GJ    JE     INTEREST ON INVESTMENTS               10051                                           7.75             (31.17)
04/30/2024   GJ    JE     INTEREST ON INVESTMENTS               10086                                          12.38             (43.55)
05/31/2024   GJ    JE     INTEREST ON INVESTMENTS               10254                                          12.39             (55.94)
05/31/2024   GJ    JE     TO REVERSE MANUAL JOURNAL ENTRY: 1025 10255                              12.39                         (43.55)
05/31/2024   GJ    JE     INTEREST ON INVESTMENTS               10256                                          12.39             (55.94)
06/30/2024   GJ    JE     INTEREST ON INVESTMENTS               10309                                          12.39             (68.33)
07/01/2024                24-25 Fiscal Year Begin                                                                                  0.00
07/31/2024   GJ    JE     INTEREST ON INVESTMENTS               10466                                          12.40             (12.40)
08/31/2024   GJ    JE     INTEREST ON INVESTMENTS               10606                                          12.40             (24.80)
10/31/2024                                                      END BALANCE                        12.39       86.79             (24.80)


01/01/2024                286-000-001 CASH IN BANK                                       BEG. BALANCE                          8,082.46
01/12/2024   CD    CHK    Check: 10 547276                                      547276                        300.00           7,782.46
01/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 9838                              1.68                       7,784.14
02/09/2024   CD    CHK    Check: 10 547399                        547399                                    2,809.61           4,974.53
02/29/2024   GJ    JE     INTEREST ON INVESTMENTS                 9851                              2.66                       4,977.19
03/08/2024   CD    CHK    Check: 10 547495                        547495                                      875.00           4,102.19
03/22/2024   CD    CHK    Check: 10 35217                         35217                                       350.00           3,752.19
03/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10051                             1.82                       3,754.01
04/01/2024   GJ    JE     TO POST LAKESIDE BID COLLECTIONS        9870                         18,878.79                      22,632.80
04/26/2024   CD    CHK    Check: 10 35353                         35353                                       525.00          22,107.80
04/30/2024   GJ    JE     INTEREST ON INVESTMENTS                 10086                             5.39                      22,113.19
05/03/2024   CD    CHK    Check: 10 36047                         36047(A)                                  1,200.00          20,913.19
05/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10254                             8.96                      20,922.15
05/31/2024   GJ    JE     TO REVERSE MANUAL JOURNAL ENTRY: 1025   10255                                         8.96          20,913.19
05/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10256                             8.96                      20,922.15
06/07/2024   CD    CHK    Check: 10 35539                         35539                                       825.90          20,096.25
06/14/2024   CD    CHK    Check: 10 35574                         35574                                     1,155.40          18,940.85
06/18/2024   GJ    JE     DIST OF FUNDS FROM 2023 SETTLEMENT      10139                         2,766.44                      21,707.29
06/30/2024   GJ    JE     INTEREST ON INVESTMENTS                 10309                             8.88                      21,716.17
07/01/2024                24-25 Fiscal Year Begin                                                                             21,716.17
07/26/2024   CD    CHK    Check: 10 35788                         35788                                       525.00          21,191.17
07/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10466                             8.94                      21,200.11
08/23/2024   CD    CHK    Check: 10 37294                         37294(A)                                    225.00          20,975.11
08/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10606                             8.79                      20,983.90
09/11/2024   CR    RCPT   Imported Subsidiary Database Receipt    100839353                       300.00                      21,283.90
09/20/2024   CD    CHK    Check: 10 37579                         37579(A)                                    225.00          21,058.90
09/30/2024   CD    CHK    Check: 10 37747                         37747(E)                                  1,138.99          19,919.91
10/03/2024   CR    RCPT   Imported Subsidiary Database Receipt    100842105                       500.00                      20,419.91
10/11/2024   CD    CHK    Check: 10 36107                         36107                                       875.00          19,544.91
10/11/2024   CD    CHK    Check: 10 36114                         36114                                       750.00          18,794.91
10/11/2024   CD    CHK    Check: 10 36128                         36128                                       375.00          18,419.91
10/18/2024   CD    CHK    Check: 10 36147                         36147                                       585.00          17,834.91
10/18/2024   CD    CHK    Check: 10 37919                         37919(A)                                    225.00          17,609.91
10/21/2024   CR    RCPT   Special Assessments 10/21/2024                                          594.00                      18,203.91
10/25/2024   CD    CHK    Check: 10 36206                         36206                                        499.00         17,704.91
10/31/2024                                                        END BALANCE                  23,095.31    13,472.86         17,704.91
11/06/2024 12:17 PM                                                                                          Page:      1/3
                                               GL ACTIVITY REPORT FOR CITY OF MUSKEGON
                                                    From 01/01/2024 to 10/31/2024


Date         JNL   Type   Description                             Reference #                       Debits     Credits            Balance



01/01/2024                286-000-202 ACCOUNTS PAYABLE                                    BEG. BALANCE                              0.00
01/08/2024   AP    INV    LAKESIDE NEIGHBORHOOD ASSOC.                          102323                         300.00            (300.00)
01/12/2024   CD    CHK    Check: 10 547276                        547276                           300.00                           0.00
02/07/2024   AP    INV    PREFERRED LAWN CARE & SNOW PLOWING      1677-2                                     2,809.61          (2,809.61)
02/09/2024   CD    CHK    Check: 10 547399                        547399                         2,809.61                           0.00
03/05/2024   AP    INV    HARBOR HOUSE PUBLISHERS                 CUS21103                                     875.00            (875.00)
03/08/2024   CD    CHK    Check: 10 547495                        547495                           875.00                           0.00
03/12/2024   AP    INV    LOUISE HOPSON                           0305                                         350.00            (350.00)
03/22/2024   CD    CHK    Check: 10 35217                         35217                            350.00                           0.00
04/23/2024   AP    INV    MY SOCIAL NETWORTH LLC                  INV0594                                      525.00            (525.00)
04/26/2024   CD    CHK    Check: 10 35353                         35353                            525.00                           0.00
04/30/2024   AP    INV    ROCKET MARKETING                        1                                          1,200.00          (1,200.00)
05/03/2024   CD    CHK    Check: 10 36047                         36047(A)                       1,200.00                           0.00
06/05/2024   AP    INV    MARK FLERMOEN                           06052024                                     825.90            (825.90)
06/07/2024   CD    CHK    Check: 10 35539                         35539                            825.90                           0.00
06/11/2024   AP    INV    LAWSON PRINTERS, INC.                   100958                                       683.70            (683.70)
06/11/2024   AP    INV    LAWSON PRINTERS, INC.                   101210                                       471.70          (1,155.40)
06/14/2024   CD    CHK    Check: 10 35574                         35574                          1,155.40                           0.00
06/30/2024   AP    INV    LOUISE HOPSON                           APR-JUNE                                     225.00            (225.00)
07/01/2024                24-25 Fiscal Year Begin                                                                                (225.00)
07/16/2024   AP    INV    MY SOCIAL NETWORTH LLC                  INV0613                                      525.00            (750.00)
07/26/2024   CD    CHK    Check: 10 35788                         35788                            525.00                        (225.00)
08/23/2024   CD    CHK    Check: 10 37294                         37294(A)                         225.00                           0.00
09/20/2024   AP    INV    JENNIFER LYNN SCHOTTEY                  FACE PAINT                                   225.00            (225.00)
09/20/2024   CD    CHK    Check: 10 37579                         37579(A)                         225.00                           0.00
09/30/2024   AP    INV    AMAZON                                  09/17/2024                                    68.99             (68.99)
09/30/2024   AP    INV    MISC CREDIT CARD VENDOR                 09/11/2024                                   200.00            (268.99)
09/30/2024   AP    INV    MISC CREDIT CARD VENDOR                 09/16/2024                                   870.00          (1,138.99)
09/30/2024   CD    CHK    Check: 10 37747                         37747(E)                       1,138.99                           0.00
10/08/2024   AP    INV    HARBOR HOUSE PUBLISHERS                 VISIT MUSKEGON                               875.00            (875.00)
10/08/2024   AP    INV    JEFF FRANKLIN                           LAKESIDE BID                                 750.00          (1,625.00)
10/08/2024   AP    INV    MY SOCIAL NETWORTH LLC                  0642                                         375.00          (2,000.00)
10/11/2024   CD    CHK    Check: 10 36107                         36107                            875.00                      (1,125.00)
10/11/2024   CD    CHK    Check: 10 36114                         36114                            750.00                        (375.00)
10/11/2024   CD    CHK    Check: 10 36128                         36128                            375.00                           0.00
10/15/2024   AP    INV    MARK FLERMOEN                           10152024                                     585.00            (585.00)
10/18/2024   CD    CHK    Check: 10 36147                         36147                            585.00                           0.00
10/18/2024   AP    INV    LOUISE HOPSON                           101424                                       225.00            (225.00)
10/18/2024   CD    CHK    Check: 10 37919                         37919(A)                         225.00                           0.00
10/23/2024   AP    INV    WEST BEND MUTUAL INSURANCE COMPANY      B807461                                      499.00            (499.00)
10/25/2024   CD    CHK    Check: 10 36206                         36206                            499.00                           0.00
10/31/2024                                                        END BALANCE                   13,463.90    13,463.90              0.00


01/01/2024                286-000-399 FUND BALANCE UNRESERVED                             BEG. BALANCE                         (34,207.76)
07/01/2024                24-25 Fiscal Year Begin                                                                              (34,207.76)
10/31/2024                                                        END BALANCE                                                  (34,207.76)


01/01/2024                286-000-451 SPECIAL ASSESSMENTS                                 BEG. BALANCE                               0.00
04/01/2024   GJ    JE     TO POST LAKESIDE BID COLLECTIONS                         9870                      18,878.79         (18,878.79)
06/18/2024   GJ    JE     DIST OF FUNDS FROM 2023 SETTLEMENT      10139                                       2,766.44         (21,645.23)
07/01/2024                24-25 Fiscal Year Begin                                                                                    0.00
10/21/2024   CR    RCPT   Special Assessments 10/21/2024                                                        594.00            (594.00)
10/31/2024                                                        END BALANCE                                22,239.23            (594.00)


01/01/2024                286-000-665-004970 INTEREST INCOME                              BEG. BALANCE                            (93.15)
01/31/2024   GJ    JE     INTEREST ON INVESTMENTS                                  9838                          1.68             (94.83)
02/29/2024   GJ    JE     INTEREST ON INVESTMENTS                 9851                                           2.66             (97.49)
03/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10051                                          1.82             (99.31)
04/30/2024   GJ    JE     INTEREST ON INVESTMENTS                 10086                                          5.39            (104.70)
05/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10254                                          8.96            (113.66)
05/31/2024   GJ    JE     TO REVERSE MANUAL JOURNAL ENTRY: 1025   10255                              8.96                        (104.70)
05/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10256                                          8.96            (113.66)
06/30/2024   GJ    JE     INTEREST ON INVESTMENTS                 10309                                          8.88            (122.54)
07/01/2024                24-25 Fiscal Year Begin                                                                                   0.00
07/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10466                                          8.94              (8.94)
08/31/2024   GJ    JE     INTEREST ON INVESTMENTS                 10606                                          8.79             (17.73)
10/31/2024                                                        END BALANCE                        8.96       56.08             (17.73)


01/01/2024                286-000-684 MISC. & SUNDRY                                      BEG. BALANCE                         (13,133.92)
07/01/2024                24-25 Fiscal Year Begin                                                                                    0.00
09/11/2024   CR    RCPT   LAKESIDE BID FALL FEST SPONSORSHIP      100839353                                    300.00             (300.00)
10/03/2024   CR    RCPT   MISC. & SUNDRY                          100842105                                    500.00             (800.00)
11/06/2024 12:17 PM                                                                                           Page:      2/3
                                                GL ACTIVITY REPORT FOR CITY OF MUSKEGON
                                                     From 01/01/2024 to 10/31/2024


Date          JNL   Type   Description                          Reference #                      Debits     Credits           Balance

10/31/2024                                                      END BALANCE                                 800.00           (800.00)


01/01/2024                 286-704-801 CONTRACTUAL SERVICES                            BEG. BALANCE                         39,352.37
01/08/2024    AP    INV    LAKESIDE NEIGHBORHOOD ASSOC.                       102323            300.00                      39,652.37
02/07/2024    AP    INV    PREFERRED LAWN CARE & SNOW PLOWING   1677-2                        2,809.61                      42,461.98
03/05/2024    AP    INV    HARBOR HOUSE PUBLISHERS              CUS21103                        875.00                      43,336.98
03/12/2024    AP    INV    LOUISE HOPSON                        0305                            350.00                      43,686.98
04/23/2024    AP    INV    MY SOCIAL NETWORTH LLC               INV0594                         525.00                      44,211.98
04/30/2024    AP    INV    ROCKET MARKETING                     1                             1,200.00                      45,411.98
06/05/2024    AP    INV    MARK FLERMOEN                        06052024                        825.90                      46,237.88
06/11/2024    AP    INV    LAWSON PRINTERS, INC.                100958                          683.70                      46,921.58
06/11/2024    AP    INV    LAWSON PRINTERS, INC.                101210                          471.70                      47,393.28
06/30/2024    AP    INV    LOUISE HOPSON                        APR-JUNE                        225.00                      47,618.28
07/01/2024                 24-25 Fiscal Year Begin                                                                               0.00
07/16/2024    AP    INV    MY SOCIAL NETWORTH LLC               INV0613                         525.00                         525.00
09/20/2024    AP    INV    JENNIFER LYNN SCHOTTEY               FACE PAINT                      225.00                         750.00
09/30/2024    AP    INV    AMAZON                               09/17/2024                       68.99                         818.99
09/30/2024    AP    INV    MISC CREDIT CARD VENDOR              09/11/2024                      200.00                       1,018.99
09/30/2024    AP    INV    MISC CREDIT CARD VENDOR              09/16/2024                      870.00                       1,888.99
10/08/2024    AP    INV    HARBOR HOUSE PUBLISHERS              VISIT MUSKEGON                  875.00                       2,763.99
10/08/2024    AP    INV    JEFF FRANKLIN                        LAKESIDE BID                    750.00                       3,513.99
10/08/2024    AP    INV    MY SOCIAL NETWORTH LLC               0642                            375.00                       3,888.99
10/15/2024    AP    INV    MARK FLERMOEN                        10152024                        585.00                       4,473.99
10/18/2024    AP    INV    LOUISE HOPSON                        101424                          225.00                       4,698.99
10/23/2024    AP    INV    WEST BEND MUTUAL INSURANCE COMPANY   B807461                         499.00                       5,197.99
10/31/2024                                                      END BALANCE                  13,463.90                       5,197.99


Grand Total                                                                                  72,329.25    72,329.25         9,549.74




11/06/2024 12:17 PM                                                                                        Page:      3/3
     LAKESIDE BID FINANCIAL FOR 10/31/2024




Revenues                                              2023 ACTUAL            2024 BUDGET             31-Oct-24
Special Assessments                               $          17,808.13   $          21,645.23   $          22,239.23
Interest Income                                   $             150.82   $             150.82   $              47.12
Grant (MML Foundation)                            $           5,000.00                          $                -
Lakeside District Assoc. (split cost Christmas)   $                -                            $                -
Lakeside Neighborhood Assoc.                      $                -     $                -     $                -
Fall Festival                                     $           1,200.00   $                -     $             800.00
Transfer from General fund for Snow Removal       $           7,633.92   $           3,920.00   $                -
Intended CIA Transfer                             $                -     $          19,355.95   $                -
Total                                             $          31,792.87   $          45,072.00   $          23,086.35

Expenses                                              2023 ACTUAL            2024 BUDGET             31-Oct-24
Landscaping                                       $             135.68   $           1,000.00   $                -
Holiday Decorations                               $           5,816.60   $           1,500.00   $           2,809.61
Snow Removal                                      $          40,320.00   $          28,000.00   $                -
Contingency                                       $                -     $                -     $                -
Fall Festival Expenses/Events                     $           8,714.57   $           9,150.00   $           3,497.99
Advertising                                       $           1,781.20   $           6,279.00   $           7,156.30
Total Expenses                                    $          56,768.05   $          45,929.00   $          13,463.90

Net Rev/Expenses                                  $         (24,975.18) $             (857.00) $            9,622.45

Fund Balance at Beginning of Year                 $         33,057.64                           $           8,082.46

Fund Balance at End of Year                       $           8,082.46                          $          17,704.91




O:\Planning\COMMON\BID & CIA-Lakeside\Lakeside CIA-BID 2024\Lakeside BID-CIA meeting 11-20-24\Lakeside Bid October 31,
                                                       2024
                          Lakeside Business Improvement District
                         Agenda Items IV-C for November 20, 2024

                                     Holidays in the City

Requesting Party: City Staff

Outline of Request: Staff is asking the Lakeside BID to consider an amount towards the cost of
holiday punch cards.

Staff Comments: During our August 14th meeting, we discussed the Lakeside BID’s potential
contribution to the holiday punch card initiative. The Economic Development and Community
Engagement teams have been collaborating with local businesses in the Downtown and Lakeside
areas to ensure a robust list of participants. To enhance the appeal of the initiative, we have
gathered prizes from several businesses for a post-January 6th giveaway.

The total cost for 3,000 punch cards came to $380.23. We are requesting that the Lakeside BID
contribute up to $150 toward this cost, with the Downtown Development Authority covering the
remaining amount.

Staff Recommendation: To contribute to the holiday punch cards for Holidays in the City up to
$150.

Suggested Motion: I move to approve contributing up to $150 for the holiday punch cards.
                                                                     QUOTATION




                                                                                                                      Quote Information

                                                                                                    Quotation No:         44982
                                                                                                    Quotation Date:       10/18/2024
                                                                                                    Sales Rep:            Brian Kamp
                                                                                                    Estimator:            Brian Kamp
                                                                                                    Page:                 Page 1 of 1


                                                                    Customer Information

Customer Account:           80000A10-1713977532
Name:                       City of Muskegon
Address:                    933 Terrace Street
                            Muskegon, MI 49440
Contact:                    Kassi Dean
Phone:                      231-571-5811

                                                                       Job Information
Job Description:            Holiday Folded Punch Cards
                            4x3.5 Flat
                            Score at 2"
                            Leave flat
Comments:


                                                                   Component Information

Component:                   Holiday Folded Punch Cards
Size:                        4 X 3.5                                       Bleed:                      Yes
# of 1 Sided B/W:             0                                            Stock Description:          Flo Dull Digital Cover
# of 2 Sided B/W:             0                                            Color:                      White
# of 1 Sided Color:           0                                            BWT:                         100
# of 2 Sided Color:           1                                            Thickness:                  .0095
# of B/W & Color              0
# of Blank Copies:            0


          Quantity                  Price            Sales Tax           Total W/Tax                             Per Each

             1,000                $193.40                                    $193.40                                $0.193
             2,000                $297.73                                    $297.73                                $0.149
             3,000                $380.23                                    $380.23                                $0.127
             4,000                $491.83                                    $491.83                                $0.123
             5,000                $595.06                                    $595.06                                $0.119




Thank you for allowing us the opportunity to quote your printing project. All prices are valid for 30 days.

     Enterprise                                                                Page 1 of 1                           Printed:10/18/2024 7:39:16AM
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