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#02 - Payments & Disbursements
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#02 - Payments & Disbursements
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STAFF REPORT <br />DATE: November 19, 2024 <br /> CONSENT <br /> <br />TO: Mayor and City Council <br />FROM: Michael Kuehn, Finance <br />AGENDA ITEM: Payments and Disbursements <br />REVIEWED BY: Clarissa Hadler, Finance Director <br /> <br />BACKGROUND INFORMATION/STAFF REPORT: <br /> <br />The City of Lake Elmo has the fiduciary responsibility to conduct normal business operations. Below is a <br />summary of current claims to be disbursed and paid in accordance with State law and City policies and <br />procedures. <br /> <br />FISCAL IMPACT: <br /> <br />Claim # Amount Description <br />PR ACH $ 129,413.93 Payroll 11/14/24 (incl Central Pension Chk 57732) <br />Wire $ 294,609.59 Accounts Payable AP 112024 - A-1 Excavating <br />Wire $ 494,204.75 Accounts Payable AP 112024 - Dresel Contracting <br />57733 - 57790 $ 558,213.97 Accounts Payable AP 111924 <br />TOTAL $ 1,476,442.24 <br /> <br /> <br />RECOMMENDATION: <br /> <br />If removed from the consent agenda, the recommended motions is as follows: <br /> <br />“Motion to approve the aforementioned disbursements in the amount of $ 1,476,442.24 <br /> <br />ATTACHMENTS: <br /> <br />1. Accounts Payable – proof lists (AP 112024, AP 112024, AP 111924) <br />
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