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#02 - Payments & Disbursements
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#02 - Payments & Disbursements
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8/4/2025 4:31:49 PM
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STAFF REPORT <br />DATE: December 3, 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 $ 146,021.35 Payroll 11/27/24 (incl Central Pension Chk 57791) <br />Wire $ 315,466.88 Accounts Payable AP 112624 - Northland Trust Svcs <br />57792 – 57847 $ 975,140.18 Accounts Payable AP 120324 <br />TOTAL $ 1,436,628.41 <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 $ 1,436,628.41 <br /> <br />ATTACHMENTS: <br /> <br />1. Accounts Payable – proof lists (AP 112624, AP 120324) <br />
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