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Trustees question 5% increase language in Third Lake auditing contract

Village of Third Lake Committee of the Whole · March 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Trustees Mateja and Novak flagged a clause in Resolution R25-03-01 with a 5% "minimum" increase where they expected a cap; Mayor Buckley said he will follow up with the auditing firm. No vote on the resolution was recorded in the minutes.

Trustees Mateja and Novak raised concerns during review of Resolution R25-03-01, an agreement with Dam, Snell & Taveirne, Ltd. to provide auditing services, questioning contract language that referenced a 5% minimum increase rather than a 5% maximum. The trustees said the phrasing could obligate the village to annual increases; the minutes record the trustees requesting clarification.

Mayor Rodney Buckley said he would follow up with the firm and report back to the board. "Mayor Buckley will follow up on this," the minutes state. No formal motion or vote on the auditing contract appears in the March 3 minutes.