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MEMORANDUM OF UNDERSTANDING BY AND BETWEEN
THE CITY OF LAKEVILLE AND THE LAKEVILLE SENIOR CITIZENS
This Memorandum of Understanding (MOU) is made and entered into by and between the City of
Lakeville (CITY) and the Lakeville Senior Citizens (LSC). CITY and LSC do hereby agree as follows:
WHEREAS, CITY owns and operates the property located at 20110 Holyoke Avenue, commonly known
as the Lakeville Heritage Center, located in the City of Lakeville, County of Dakota, State of Minnesota.
WHEREAS, CITY and LSC have a long history of cooperatively providing services and programming of
benefit and interest to those age 50 and over residing in Lakeville and the surrounding area and have
a desire to continue to work together.
WHEREAS, LSC currently has two separate financial accounts held at Anchor Bank, 9202 202nd St. W.,
Suite 100, Lakeville, MN 55044; a savings account with a balance of $2,601.79 and a checking account
with a balance of $19,738.28.
WHEREAS, upon approval of MOU by CITY and LSC, LSC will transfer balance of savings and checking
accounts to the CITY.
WHEREAS, upon transfer of balances to CITY, the LSC will dissolve as a Nonprofit Corporation and will
cease to exist. Lakeville Area Active Adults is a CITY-led membership group.
WHEREAS, balance will not be held in a separate, private account.
WHEREAS, CITY is solely responsible for reporting and audits of all funds on an ongoing basis.
WHEREAS, the document entitled, “Lakeville Area Active Adults Advisory Committee Policies &
Procedures” dated April, 2015, provides the duties and responsibilities of the Committee to ensure
CITY and Lakeville Area Active Adults Committee adhere to guidelines.
WHEREAS, approved expenditures by the Lakeville Area Active Adults Committee will benefit the
Lakeville Area Active Adults and/or its programs.
WHEREAS, expenditures will be voted on by current Lakeville Area Active Adults Committee and
approved expenditures requested via Request for Reimbursement, signed by Claimant and CITY staff.
The CITY will provide the Committee with a balance sheet on a monthly basis (Exhibits A & B)
WHEREAS, all approved expenditures and reimbursements are subject to CITY financial practices.
IN WITNESS WHEREOF, the parties hereto have caused this MOU to be executed by and through their
respective authorized representatives, as of the date written herein below.
LAKEVILLE AREA ACTIVE ADULTS
_____________________________________ Date: ________________________
CITY OF LAKEVILLE
_____________________________________ Date: ________________________
Charlene Friedges, City Clerk
_____________________________________ Date: ________________________
Matt Little, Mayor
REQU
P
E
UEST FOR RE
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EXHIBIT A
IMBURSEMEENT (SAMPLLE)
P
E
BALANCE
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EXHIBIT B
E SHEET (SAMMPLE)