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Carman Bay Lake Improvement District <br />1355 Brown Road South <br />Post Office Box 124 <br />Crystal Bay, MN 55323 <br /> <br /> <br /> <br />Clerk of the County Board <br />Hennepin County Board of Commissioners <br />Government Center A2400 <br />300 South 6th Street <br />Minneapolis, Minnesota 55487-0240 <br /> <br />City Administrator <br />City of Orono <br />2750 Kelley Parkway <br />Orono, MN 55356 <br /> <br />Commissioner <br />Minnesota Department of Natural Resources <br />500 Lafayette Road <br />Saint Paul, MN 55155 <br /> <br />Commissioner <br />Minnesota Pollution Control Agency <br />520 Lafayette Road N <br />St. Paul, MN 55155-4194 <br /> <br />January 23, 2026 <br /> <br />Consistent with Minnesota Statutes, section 103B.571, subdivision 4, the Carman Bay Lake Improvement <br />District submits the attached 2025 Annual Report for the period of January 1 – December 31, 2025. <br /> <br />The report highlights the financial condition, the status of all projects, business transactions, other matters <br />affecting the interests of the district, and a discussion of the Directors' intentions for the succeeding years. <br /> <br />Respectfully, <br /> <br />Mark D. Kieper <br /> <br />Mark D. Kieper <br />Chairman <br />Carman-Bay-Lake-Improvement-District <br /> <br /> <br />