August 19, 2026

Municipal Stability Board

August 19, 2026

Draft

Meeting Minutes

Call to Order

Chair, Larry Steckelberg called the meeting to order at 11:00 a.m.

Roll Call

Members Present: Three

• Larry Steckelberg – Present
• John Lamerato – Present
• Mike Grodi - Present

Let the record show that three board members eligible to vote were present. A quorum was present.

Approval of Minutes

A motion was made to approve the May 20, 2026, board meeting minutes by Mike Grodi and supported by John Lamerato. The Board unanimously approved the May 20, 2026, meeting minutes. 3 ayes and 0 nays.

Public Comment

No public comment.

Correspondence

Kathy Harrison gave a Treasury communication and outreach report update to the Board.

New Business

UPDATED BEST PRACTICES AND STRATEGIES (RESOLUTION 2026-06)

Nick Brousseau was asked to review the Updated Best Practices and Strategies with the Board:

A motion was made to approve the updated Best Practices and Strategies document by John Lamerato and supported by Mike Grodi.

The Board unanimously approved the Updated Best Practices and Strategies document. 3 ayes and 0 nays. Motion passed.

CORRECTIVE ACTION PLAN MONITORING CERTIFICATIONS OF COMPLIANCE (RESOLUTION 2026-07)

Kathy Harrison was asked to review the Corrective Action Plan Monitoring Certifications of Compliance (Resolution 2026-07) with the Board:

Compliant (Meets all criteria)

Alpena County Road Commission

Blackman Charter Township

Capital Area Transportation Authority

City of Riverview

South Haven Area Emergency Services Authority

A motion was made to approve the Corrective Action Plan Monitoring Certifications of Compliance (Resolution 2026-07) by Mike Grodi and supported by John Lamerato.

The Board unanimously approved the Corrective Action Plan Monitoring Certifications of Compliance (Resolution 2026-07). 3 ayes and 0 nays. Resolution 2026-07 passed.

PROTECTING MI PENSION GRANT CORRECTIVE ACTION PLAN MONITORING CERTIFICATIONS OF COMPLIANCE (RESOLUTION 2026-08)

Kathy Harrison was asked to review the Protecting MI Pension Grant Corrective Action Plan Monitoring Certifications of Compliance (Resolution 2026-08) with the Board:

Compliant (Meets all criteria)

Ionia County

Compliant with Conditions (Partially Sustainability criteria)

City of Melvindale (Funded and Sustainability Partially Met)

A motion was made to approve the Protecting MI Pension Grant Corrective Action Plan Monitoring Certifications of Compliance (Resolution 2026-08) by John Lamerato and supported by Mike Grodi.

The Board unanimously approved the Protecting MI Pension Grant Corrective Action Plan Monitoring Certifications of Compliance (Resolution 2026-08). 3 ayes and 0 nays. Resolution 2026-08 passed.

REQUEST FOR REMOVAL FROM CORRECTIVE ACTION (RESOLUTION 2026-09)

Kathy Harrison was asked to review the Request for Removal from Corrective Action Plan (Resolution 2026-09) with the Board:

City of Trenton

Waterford Charter Township

A motion was made to approve the Request for Removal from Corrective Action Plan (Resolution 2026-09) by Mike Grodi and supported by John Lamerato.

The Board unanimously approved the Request for Removal from Corrective Action Plan (Resolution 2026-09). 3 ayes and 0 nays. Resolution 2026-09 passed.

BOARD REMOVAL FROM CORRECTIVE ACTION PROCESS AND PURVIEW OF THE BOARD (RESOLUTION 2026-10)

Kathy Harrison was asked to review the Board Removal from Corrective Action Process and Purview of the Board (Resolution 2026-10) with the Board:

City of Trenton

Waterford Charter Township

A motion was made to approve the Board Removal from Corrective Action Process and Purview of the Board (Resolution 2026-10) by Mike Grodi and supported by John Lamerato.

The Board unanimously approved the Board Removal from Corrective Action Process and Purview of the Board (Resolution 2026-10). 3 ayes and 0 nays. Resolution 2026-10 passed.

Public Comment

No public comment.

Board Comment

No comment.

Next Meeting

Larry Steckelberg announced that the next scheduled Municipal Stability Board meeting is September 16, 2026.

Adjournment

A motion was made to adjourn the meeting by Mike Grodi and supported by John Lamerato.

The Board unanimously approved the motion to adjourn the meeting. The motion passed with 3 ayes and 0 nays. There being no future business, the meeting adjourned at 11:22 a.m.