Title
Resolution Regarding Approval of the Highland Park Bad Debt Recovery Credits Methodology and Approval of Schedule of Member Partner Bad Debt Recovery Credits #2023-1 Totaling $1,000,000
Body
Agenda of: June 28, 2023
Item No.: 2023-234
Amount: $1,000,000
TO: The Honorable
Board of Directors
Great Lakes Water Authority
FROM: Suzanne R. Coffey, P.E.
Chief Executive Officer
Great Lakes Water Authority
DATE: June 28, 2023
RE: Resolution Regarding Approval of the Highland Park Bad Debt Recovery Credits Methodology and Approval of Schedule of Member Partner Bad Debt Recovery Credits #2023-1 Totaling $1,000,000
MOTION
Upon recommendation of Nicolette N. Bateson, Chief Financial Officer & Treasurer, the Board of Directors (Board) of the Great Lakes Water Authority (GLWA), adopts Resolution #2023-234 to:
1. Approve the Highland Park Bad Debt Recovery Credits Methodology;
2. Authorize staff to apply credits totaling $1 million in the first quarter of FY 2024 as outlined in the above methodology and related Schedule of Member Partner Bad Debt Recovery Credits #2023-1; and
3. Authorize the Chief Executive Officer to take such other action as may be necessary to accomplish the intent of this vote.
BACKGROUND
In accordance with contractual terms for service, Member Partner communities are responsible funding bad debt expense. Over an extended period of time, Member Partner communities have been charged for bad debt expense related to partial non-payment by the City of Highland Park. Simultaneously, litigation with Highland Park has occurred as it relates to water, sewer, and industrial waste control service charges. Extensive writings and communications are available related to these matters. The purpose of this memo is to focus on positive recent developments between the City of Highland Park and GLWA where both parties entered into an "Interim Agreement" which includes the following excerpted provisions:
* "Highland Park a...
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