PUBLIC NOTICE – VILLAGE OF ARMADA SYNOPSIS OF UNOFFICIAL MINUTES FOR RCM 3/25/24

Pres. Pro Tem Clark called meeting to order at 7:00 PM. Pledge of Allegiance recited. Council members present at roll call: Shall, Stirrett, Adair, Clark, Boelke, Sledz. Absent: Coenen. Also present: Clerk Poulos, Treasurer Porter, Stacy Sobotka, Sam Boelke, Dawn LaVasseur, Amy Barzyk, Carolyn Sweeney, Emily Sawitzky, Julie LeFever, and Kevin Grand.
COUNCIL ACTION: Unanimously approved Agenda as presented. Heard and/or received the DPW Report and the F & V Report for February, 2024, the Planning Commission Meeting minutes of February 21, 2024; Heard verbal reports from the Planning Commission Liaison, Water Commissioner, Street Administrator, and Sewer Commissioner. Unanimously Approved the Consent Agenda as presented: RCM Minutes of 3/11/24 approved as presented; SCM Minutes of 3/21/24 as presented; Payment of Bills totaling $57,368.28 as presented; to approve the banking/depository facilities of Fifth Third Bank, Choice One Bank, and Bank of New York Mellon for Village of Armada deposits, drafts, transfers, wires and/or investments; to accept the Village President’s submittal of the Treasurer’s annual Investment Policy for Fiscal Year 2024/2025; to set the Administration Fees for the Village accounts as follows: Local Street Fund $2,600.00, Major Street Fund $2,600.00, Water Fund $12,500.00, Sewer Fund $12,500.00, STI $10,000.00. Unanimously Approved: to accept the recommendation by Treasurer Porter to propose the 2024 tax millage rate at the maximum allowable levy as permanently reduced by MCL 211.34d and authorized under Truth in Taxation, MCL.21124e, with full understanding that these requested tax levy rates will be reduced, if necessary, to comply with the state constitutional (Article 9 Section 31) MCL Sections 211.24e and 211.34. The following rates shall be proposed: General Fund 8.4791 mills, Municipal Streets Fund 3.3913 mills, PA 33 1.75000 mills for a total proposed millage rate of 13.6204 mills; to adopt resolutions approving the new water and sewer rates; to establish the compensation for the Treasurer of the Village of Armada in the amount of $27,421.00 annually effective April 1, 2024; to establish the compensation for the Clerk of the Village of Armada in the amount of $35,100.00 annually effective April 1, 2024; to enter into Public Hearing at 7:30 p.m.; to exit the Public Hearing at 7:31 p.m.; to adopt the ordinance establishing the compensation to be received by the President and Trustees at $365.00 per meeting and $265.00 per meeting, respectively; to enter into the Budget Public Hearing at 7:34 p.m.; to exit the Budget Public Hearing at 7:35 p.m.; Approved to adopt the fiscal year 2024/2025 budgets for the following funds as presented: General Fund with a projected surplus at year-end of $1,619,089.41, Municipal Street Fund with a projected surplus at year-end of $236,416.74, Major Street Fund with a projected surplus at year-end of $278,614.68, Local Street Fund with a projected surplus at year-end of $22,332.00, Water Fund with a projected surplus at year-end of $129,916.36, Sewer Fund with a projected surplus at year-end of $279,762.36, Salvage Title with a projected surplus at year-end of $203,878.67. Unanimously approved to adjourn the meeting at 7:43 p.m. A Complete text of minutes is available for public inspection at the Clerk’s office during regular business hours.
Michelle Poulos, MiPMC, CMMC
Armada Village Clerk
Publish: 4/3/24