Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Administration topic
No spam. Unsubscribe anytime.
Magna CRA approves minutes and authorizes contract with Clearwater Financial
Summary
The CRA board approved the July 8, 2025 meeting minutes, agreed to authorize Chair Eric Barney to sign a $12,000-per-year municipal advisory contract with Clearwater Financial, and adjourned; the contract retainer covers advisory support and site visits.
The Community Reinvestment Agency approved the minutes of its July 8, 2025 meeting and authorized entering a contract with municipal advisory firm Clearwater Financial.
On minutes: Board Member Hall moved to approve the minutes and Vice Chair Audrey Pierce seconded; the chair called for votes and heard "Aye," after which he stated the motion carried. The transcript records an affirming voice vote but does not provide a named roll call.
On the municipal advisory contract: staff presented a draft agreement with Clearwater Financial, described as a $12,000-per-year retainer that covers up to 40 hours per project under the retainer and will include a site visit. The board authorized the chair to sign the contract so the advisory firm can begin work.
Adjournment: Board Member Trish Hull moved to adjourn, Vice Chair Audrey Pierce seconded and the chair declared the meeting adjourned after an affirmative voice vote.
Notes: The transcript records affirmative voice votes but does not record a roll-call tally or named vote for each member; staff will execute the Clearwater Financial agreement and follow established contracting procedures.
