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DEVELOPMENT SERVICES LAKESIDE BUSINESS IMPROVEMENT DISTRICT- CORRIDOR DEVELOPMENT AUTHORITY REGULAR BOARD MEETING July 16, 2025 MEETING MINUTES Meeting called to order at 9:02 am by M. Flermoen. I. ROLL CALL MEMBERS PRESENT: M. Lyonnais, E. Bodman, M. Flermoen, C. Castle, M. Smith, R. Jenkins MEMBERS ABSENT: L. Hopson (E), D. Ghezzi (A), S. Wilson (E) OTHERS PRESENT: J. Hines, I. Gonzalez, A. Meisch, W. Webster II. Approval of Minutes – M. Smith made a motion to approve the minutes from June 18, 2025. Supported by M. Smith with all in favor. III. CIA Financial Statement – June 30, 2025 – I. Gonzalez. As of June 30, 2025, the fund balance is $60,045.26. As a reminder, at the December 2024 meeting, the board approved a transfer of up to $15,213.00 to the Lakeside BID to cover additional expenses. This transfer will be made on an as- needed basis. M. Smith made a motion to accept the Lakeside Corridor Improvement Authority financial statement as of June 30, 2025 and supported by E. Bodman. Roll call was taken. Ayes: M. Lyonnais, E. Bodman, M. Smith, C. Castle, R. Jenkins, M. Flermoen Nays: None IV. A. BID Financial Statement– June 30, 2025 – I. Gonzalez - As of June 30, 2025, the fund balance is $22,398.65. You may recall the assessment fund shortfall of $4,207.76, which was officially posted as of June 30, 2025. M. Smith made a motion to accept the Lakeside BID financial statement as of June 30, 2025 and supported by C. Castle. Roll call was taken. Ayes: M. Lyonnais, E. Bodman, M. Smith, C. Castle, R. Jenkins, M. Flermoen Nays: None B. Billboard advertising - The Lakeside District Association (LDA) recently purchased several billboards around Muskegon County at a discounted rate for advertising later this year. There is one “saved” in the event the BID/CIA would like to participate. Staff is gauging interest among board members. While this was for discussion only, it was agreed to secure and vote on. R. Jenkins made a motion to approve the extension of the billboard program for November to December, supported by M. Smith. Roll call was taken. Ayes: M. Lyonnais, E. Bodman, M. Smith, C. Castle, R. Jenkins, M. Flermoen Nays: None C. Due to increased demand for pedestrian signage at Pere Marquette Beach, the City has removed crosswalk signage from Lakeshore Drive. Staff has reached out to Public Works to better understand the cost of the BID/CIA investing in their own signage. – Discussion Only V. Adjournment at 10:08 am 2 3 1. 7 2 4. 67 0 5 | 933 Terrace St, Muskegon, MI 49440-1397 | www.shorelinecity.com
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