Lakeside Business Improvement District Minutes 03-26-2025

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                                     DEVELOPMENT SERVICES




                           LAKESIDE BUSINESS IMPROVEMENT DISTRICT-
                                      CORRIDOR DEVELOPMENT AUTHORITY
                                                  REGULAR
                                               BOARD MEETING
                                              March 26, 2025
                                              MEETING MINUTES


Meeting called to order at 9:01 am by M. Flermoen.
I.    ROLL CALL
MEMBERS PRESENT: M. Lyonnais, M. Flermoen, L. Hopson, S. Wilson, M. Smith, C. Castle, D. Ghezzi
MEMBERS ABSENT: R. Jenkins.
OTHERS PRESENT:       J. Hines, A. Meisch and W. Webster
II.         Approval of Minutes – M. Smith made a motion to approve the minutes from January 15, 2025.
            Supported by S. Wilson with M. Lyonnais, M. Flermoen, L. Hopson, S. Wilson, M. Smith, C. Castle and D.
            Ghezzi voting aye
III.        CIA Agenda Items
            a. CIA Financial Statements-January 31, 2025 - As of January 31, 2025, your fund balance is $29,787.44.
                At our December 2024 meeting, we voted to transfer up to $15,213.00 to the Lakeside BID to cover
                additional expenses of the BID. This transfer will likely happen as needed. S. Wilson motioned to
                accept the Lakeside CIA financial statement as of January 31, 2025 and supported by L. Hopson with
                M. Lyonnais, M. Flermoen, L. Hopson, S. Wilson, M. Smith, C. Castle and D. Ghezzi voting aye
            b. CIA Financial Statements – February 28, 2025 - As of February 28, 2025, your fund balance is
                $23,413.27. This fund balance is different than January 2025 fund balance due to the $6,374.17 BID
                transfer. M. Smith motioned to accept the Lakeside CIA financial statement as of February 28, 2025
                and supported by L. Hopson with M. Lyonnais, M. Flermoen, L. Hopson, S. Wilson, M. Smith, C.
                Castle and D. Ghezzi voting aye
IV.         BID Agenda Items
            a. BID Financial Statements – January 31, 2025 - As of January 31, 2025, your fund balance is -
                $3,054.17. The total amount for expenditures was $375 for My Social Network (1st Quarter invoice)
                and $225 for Louise Hopson social media invoices (October 1, 2024 – December 30, 2024). Finance
                made a transfer of $3,920 to cover snow removal expenses. S. Wilson motioned to accept the
                Lakeside BID financial statements as of January 31, 2025. Supported by M. Smith with M. Lyonnais,
                M. Flermoen, L. Hopson, S. Wilson, M. Smith, C. Castle and D. Ghezzi voting aye
            b. BID Financial Statements-February 28, 2025 - As of February 28, 2025, your fund balance is
                $3,320.00. This fund balance is different than January 2025 due to the transfer of $6,374.17 from
                the CIA to make the 2024 budget whole. S. Wilson motioned to accept the Lakeside BID financial
                statement as of February 28, 2025. L. Hopson supported with M. Lyonnais, M. Flermoen, L. Hopson,
                S. Wilson, M. Smith, C. Castle and D. Ghezzi voting aye




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                                     DEVELOPMENT SERVICES




            c. Approval of Board Members - There is one current vacancy on the Lakeside BID/CIA due to Jackie
               Knowlton’s resignation. We received an application from Nils (Ed) Bodman, Alexis Baldwin, and
               Jerome Johnson. We must make a recommendation to the Community Relations Commission
               regarding the acceptance of an applicant. L. Hopson made a recommendation for Nils Bodman (Ed)
               for the Lakeside BID/CIA to the Community Relations Commission. Supported by M. Smith with M.
               Lyonnais, M. Flermoen, L. Hopson, S. Wilson, M. Smith, C. Castle and D. Ghezzi voting aye
            d. Parking Concerns – Discussion was made about the parking concerns and enforcement. The traffic
               committee is aware of the concerns in Lakeside. They will be adding additional signage along the
               side streets and Lakeshore Drive where the signs are missing and parking enforcements will be
               monitored and enforced. M. Flermoen mentioned about moving forward with parking along the
               railroad trail. Would like to pursue further. J. Hines mentioned that any paving or improvements
               along the railroad would have to be expensed through BID/CIA. A new salon is moving into the area
               with over 12 employees and customers. Street parking is an issue. Additional parking is desperately
               needed especially during the summer months.

                  Other Business discussed: M. Flermoen mentioned that discussion with S. Green that the sign for
                  McGraft park is in need of replacing (Addison and Lakeshore). Discussion of sharing the cost to
                  replace through the neighborhood association and Lakeside BID/CIA committee. Further discussion
                  once ideas and bids are received.


V.          Adjournment at 9:58 AM




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