Town of Cedar Lake Board of Finance Meeting Minutes

Pledge of Allegiance

Roll Call

Member	Position	Attendance
Robert H. Carnahan	Council Member, Ward 1	Present
Julie Rivera	Council Member, Ward 2	Present
Nicholas Recupito	Council Member, Ward 3	Absent
Chuck Becker	Council Member, Ward 4	Present
Greg Parker	Council Member, Ward 5	Present
Mary Joan Dickson	Council Member, At Large	Present
Richard C. Thiel Jr.	Council Member, At Large	Present

Staff Present

Jennifer N. Sandberg, IAMCA, CMC, CPFIM - Clerk-Treasurer - Present
Jeff Bunge - Town Manager - Present
David Austgen - Town Attorney - Absent

Election of Officers

1. Board of Finance President

Richard Thiel nominated Greg Parker. A second was made by Julie Rivera. No other nominations received.

Roll Call Vote:

Carnahan - Yes
Rivera - Yes
Becker - Yes
Parker - Yes
Dickson - Yes
Thiel - Yes

Vote: 6-0

Result: Greg Parker elected as Board of Finance President

2. Board of Finance Secretary

Mary Joan Dickson nominated Julie Rivera. A second was made by Chuck Becker. No other nominations received.

Roll Call Vote:

Carnahan - Yes
Rivera - Yes
Becker - Yes
Parker - Yes
Dickson - Yes
Thiel - Yes

Vote: 6-0

Result: Julie Rivera elected as Board of Finance Secretary

New Business

1. Approval of the January 23, 2024 Meeting Minutes

A motion to approve was made by Julie Rivera. A second was made by Chuck Becker.

Roll Call Vote:

Carnahan - Yes
Rivera - Yes
Becker - Yes
Parker - Yes
Dickson - Yes
Thiel - Yes

Vote: 6-0

Result: Motion passed unanimously

2. Approval of the 2024 Financial Report

Clerk-Treasurer Sandberg reported for the year 2024 there were no investments. She stated she included in their packet a Cash Summary by Fund Report for year 2024. A brief discussion continued on the cash summary report.

A motion to approve the 2024 Financial Report was made by Richard Thiel. A second was made by Chuck Becker.

Roll Call Vote:

Carnahan - Yes
Rivera - Yes
Becker - Yes
Parker - Yes
Dickson - Yes
Thiel - Yes

Vote: 6-0

Result: Motion passed unanimously

Public Comment

None

Adjournment

President Recupito called the meeting to adjournment at approximately 5:35 PM.

Legal Notice

The Minutes are transcribed pursuant to IC 5-14-1.5-4(b), which states:

(b) As the meeting progresses, the following memoranda shall be kept:

The date, time, and place of the meeting.
The members of the governing body recorded as either present or absent.
The general substance of all matters proposed, discussed, or decided.
A record of all votes taken by individual members if there is a roll call.
Any additional information required under section 3.5 or 3.6 of this chapter or any other statute that authorizes a governing body to conduct a meeting using an electronic means of communication.