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IX. Public comment. This is an opportunity for the public to address the Board on subjects relevant to <br />the district but not on the agenda. The Board will only listen at this time. Please state your first and last <br />name, and address for the record. (Please limit your comments to 3 minutes). No comments were <br />added or presented. <br />X. Adjournment <br />The Annual Meeting of the Stubbs Bay Lake Improvement District is adjourned at 8:23pm. <br />MOTION - for Board only Roll -Call Vote <br />Yes No Abstain <br />Motion to approve and forward to the City of Orono, a 0 0 <br />special assessment levy of $24,693. The $24,693 levy 5 <br />shall be shared by the district's 68 Property Owners at <br />a rate of $2.36 per lineal lakeshore and payable in <br />2026. All directors voted in favor of the motion. <br />MOTION - for all member vote (by voice) Yes No (names) Abstain <br />(names) <br />Motion to waive the reading & approve the Special <br />Meeting minutes of August 4, 2025 <br />Lee motion and Mark 2nd <br />Motion to Approve the 2026 Annual Budget dated <br />August 27, 2025, with revenues of $24,693 (via tax <br />proceeds of $2.36 per lineal foot) and expenditures of <br />$24,634 <br />Mark Motion and Joe 2nd <br />Motion to Approve the District's 2026 public project <br />of controlling, when reasonably achievable, Aquatic <br />Invasive Species in Stubbs Bay <br />Mark motion and Bruce 2nd <br />Motion to approve moving the SKID Annual Meeting <br />to September, beginning in 2026. <br />Lee motion and Mark 2nd <br />Motion to adopt the resolution establishing and <br />appointing a city liaison to the SKID Board. <br />Mark Motion and Bruce 2nd <br />Motion to form a committee to study phosphorous <br />and water qualify options. <br />Mark motion and Joe 2nd <br />Total members present and verified: 10 <br />9 0 <br />10 0 <br />10 0 <br />10 0 <br />10 0 <br />10 0 <br />U <br />n <br />0 <br />0 <br />0 <br />0 <br />102 <br />