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February 18, 2026

Municipal Stability Board

February 18, 2026

Meeting Minutes 

  1. Call to Order
    1. Chair, Larry Steckelberg called the meeting to order at 11:00 a.m.
  2. Roll Call
    1. Members Present: Three
      1. Larry Steckelberg – Present
      2. John Lamerato – Present
      3. Mike Grodi - Present
    2. Let the record show that three board members eligible to vote were present. A quorum was present.
  3. Approval of Minutes
    1. A motion was made to approve the December 17, 2025, board meeting minutes by John Lamerato and supported by Mike Grodi. The Board unanimously approved the December 17, 2025, meeting minutes. 3 ayes and 0 nays.
  4. Public Comment
    1. No public comment.
  5. Correspondence
    1. Kathy Harrison gave a Treasury communication and outreach report update to the Board.
    2. Kathy Harrison reviewed the Receipt of Corrective Action Plan
      1. City of Southgate (Pension)
  6. New Business
    1. Approvals and Disapprovals of Corrective Action Plans (Resolution 2026-01)
      1. Nick Brousseau was asked to review the Approvals and Disapprovals of Corrective Action Plans (Resolution 2026-01) with the Board:
        1. City of Southgate (Pension) (Approved)
      2. A motion was made to approve the Approvals and Disapprovals of Corrective Action Plans (Resolution 2026-01) by Mike Grodi and supported by John Lamerato.
      3. The Board unanimously approved the Approvals and Disapprovals of Corrective Action Plans (Resolution 2026-01). 3 ayes and 0 nays. Resolution 2026-01 passed.
    2. Corrective Action Plan Monitoring Certifications of Compliance (Resolution 2026-02)
      1. Kathy Harrison was asked to review the Corrective Action Plan Monitoring Certifications of Compliance (Resolution 2026-02) from 2 local governments with the Board:
        1. 35h District Court, Plymouth – OPEB, 3rd Review (Compliant)
        2. City of Walled Lake – OPEB, 3rd Review (Compliant)
      2. A motion was made to approve the Corrective Action Plan Monitoring Certifications of Compliance (Resolution 2026-02) by John Lamerato and supported by Mike Grodi.
      3. The Board unanimously approved the Corrective Action Plan Monitoring Certifications of Compliance (Resolution 2026-02). 3 ayes and 0 nays. Resolution 2026-02 passed.
    3. Protecting MI Pension Grant Corrective Action Plan Monitoring Certifications of Compliance (Resolution 2026-03)
      1. Kathy Harrison was asked to review the Protecting MI Pension Grant Corrective Action Plan Monitoring Certifications of Compliance (Resolution 2026-03) with the Board:
      2. Compliant (Meets all criteria)
        1. City of Auburn
        2. Benzie County Road Commission
        3. City of St. Johns
        4. City of Gladstone
        5. City of Eaton Rapids
        6. City of Burton
        7. Iron County Road Commission
        8. Bates Township
        9. Kalkaska County Road Commission
        10. Village of Kalkaska
        11. City of Grandville
        12. Lake County Road Commission
        13. Luce County Road Commission
        14. Montcalm County Road Commission
        15. City of Madison Heights
        16. City of Oak Park
        17. Village of Bancroft
        18. City of Ecorse
        19. City of Highland Park
        20. City of Romulus
        21. City of Manton
      3. Compliant (Partially Met Funding Status criteria)
        1. Dickinson County
        2. City of Charlotte
        3. City of Flint
        4. City of Ironwood
        5. Village of Lake Linden
        6. City of Belding
        7. City of Iron River
        8. City of Norton Shores
        9. City of Berkley
        10. Tuscola County Road Commission
      4. Compliant with Conditions (Partially Met Funding Status and/or Sustainability criteria)
        1. City of St. Ignace (Funded and Sustainability Partially Met)
        2. City of Manistique (Funded and Sustainability Partially Met)
        3. Redford Charter Township (Funded and Sustainability Partially Met)
        4. City of Grosse Pointe Park (Funded and Sustainability Partially Met)
        5. City of Lincoln Park (Sustainability Partially Met)
      5. A motion was made to approve the Protecting MI Pension Grant Corrective Action Plan Monitoring Certifications of Compliance (Resolution 2026-03) by Mike Grodi and supported by John Lamerato.
      6. The Board unanimously approved the Protecting MI Pension Grant Corrective Action Plan Monitoring Certifications of Compliance (Resolution 2026-03). 3 ayes and 0 nays. Resolution 2026-03 passed.
  7. Public Comment
    1. No public comment.
  8. Board Comment
    1. No comment.
  9. Next Meeting
    1. Larry Steckelberg announced that the next scheduled Municipal Stability Board meeting is March 18, 2026.
  10. Adjournment
    1. A motion was made to adjourn the meeting by John Lamerato and supported by Mike Grodi.
    2. 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 11:17 a.m.