Resolution 7594 Establish Stubbs Bay Lake Improvement District

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RESOLUTION OF THE CITY COUNCIL A RESOLUTION APPROVING THE ESTABLISHMENT OF THE STUBBS BAY LAKE IMPROVETVIENT DISTRICT WHEREAS, the Orono City Council may agree the establishment of a lake improvement district under Minnesota statute section 103B.515; and WHEREAS, the Orono City Council must adopt a resolution to establish a lake improvement district; and WHEREAS, the resolution must: (1) Specify the boundaries of the district, which shall be encouraged to be as consistent as practical with natural hydrologic boundaries; (2) Prescribe the water and related land resource management programs to be undertaken in the district; (3) State how the programs will be financed; (4) Designate the agency that will be responsible for supervising the programs; and (5) Specify the number, qualifications, terms of office, and method of election, removal, and filling of vacancies of the Board of Directors, including a method for property owners not present at the annual meeting to participate in the election of the district board. NOW, THEREFORE, BE IT RESOLVED that city council of Orono, Minnesota hereby intends to establish a Stubbs Bay Lake Improvement District (SBLID) and that: (1) The boundaries of the SBLID shall be as shown on the Exhibit C map (attached). This boundary is consistent with the natural hydrologic boundaries of the bay and includes all properties that have lake rights to Stubbs Bay, Lake Minnetonka. (21 The water and related land resource management programs to be undertaken in the SBLID to include prevention and management of aquatic invasive species and surface water protection per the Proposal, (attached) which outlines the water and related land resource management program to be undertaken. (3) The prevention and management program will be financed by a levy on the property owners in the district plus grants and gifts. The actual levy and its distribution will be approved by the Stubbs Bay Lake Improvement District Board of Directors at their annual meeting which will be in July or August of each year and all property owners will be notified of the meeting. The estimated cost to treat Stubbs Bay is estimated to be $20,000 to $30 000 per year plus lake monitoring, administrative costs and spot treatments in any non -treatment years. Exhibit B (attached) shows the proposed budget for the SBLID for 2026. (4) The City of Orono shall oversee the operation of the SBLID.