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HomeMy WebLinkAbout2024-036K I MAN I M 01 A 5 uy I K W W1141 M'' RESOLUTION NO. 2024-036 AGREEMENT WHEREAS, the City of Lake Elmo approved the Sally Manzara Interpretive Nature Center Development, Lease, License and Operating Agreement on April 18, 2017; and WHEREAS, the Agreement was subsequently signed by Anthony Manzara; and WHEREAS, the Agreement requires audited financial statement; and WHEREAS, the Agreement requires the Friends, to have $20,000 escrow with the city for protection if the organization falters; and WHEREAS, City staff feel this requirement is no longer needed nor in the best interest of the city; and NOW THEREFORE BE IT RESOLVED that the City Council of the City of Lake Elmo hereby replaces Article III Financial section 2 with the following language: Financial Disclosures: The Friends agree to provide the City with a detailed disclosure of its financial resources. The City shall have the right to examine die Friends books and financial records at any time upon making a written request. BE IT FURTHER RESOLVED, that the City Council directs the City Administrator to provide a copy of this amendment to the Friends of Lake Elnio's Sunfish Lake Park and authorizes the City Clerk and Mayor to execute an amendment document. APPROVED by the Lake Elmo City Council on this 2nd day of April, 2024. i7-7 'K ` By: fst- �arleaneai Mayor Witwo Juli ohnso Cit Clerk