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Resolution 7594 Establish Stubbs Bay Lake Improvement District
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Resolution 7594 Establish Stubbs Bay Lake Improvement District
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Last modified
6/11/2025 11:53:23 AM
Creation date
6/11/2025 9:22:54 AM
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Administration
Admin Doc Type
Resolution
Section
Resolutions
Subject
Resolution 7594 Establish SBLID
Document Date
6/9/2025
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Permanent After File Date
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Exhibit B, SBLID sample budget and estimated assessment. <br />Proposed 2026 Stubbs Bay LID Budget <br />Revenues <br />2026 Property Tax Resolution #XXXX 11,872 <br />Grants/donations 0 <br />Total Revenue 11,872 <br />Expenditures <br />Delineation Survey - Curlyleaf Pondweed 0 <br />Delineation Survey - Eurasian Watermilfoil 0 <br />Aquatic Plant Survey (Point Intercept Survey) (3,000) <br />Treatment Whole Bay (2 bumps)* (10,000) <br />st <br />*1 treatment in late fall 2025 (paid in 2025 <br />2 bumps in 2026 paid by LID) <br />Lake Minnetonka Association Program support 0 <br />Board and Annual Meeting space (50) <br />District PO Box Rental (72) <br />Administrative Expenses - (printing, postage, public notice ad) (250) <br />Accounting Services 0 <br />Insurance (900) <br />Total Expenditures (14,272) <br />Revenue Over / (Under) Expenditures (6,000) <br />Estimate Cash Balance December 31, 2025 6,000 <br />Cash Balance December 31, 2026 0 <br /> <br />
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