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City Commission Workshop Meeting 04-09-25

Wednesday, April 9, 2025 · Government meeting record

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City Commission Workshop Meeting 04-09-25

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CITY OF LAKE WALES

CITY COMMISSION

WORKSHOP MEETING

Official Agenda

April 9, 2025

2:00 p.m.

City Administration Building

Commission Chambers

201 W. Central Avenue

Lake Wales, FL 33853

1.

CALL TO ORDER & ROLL CALL

2.

City Manager Comments

3.

Transmittal of Annual Comprehensive Financial Reports, For Fiscal Year Ended September 30, 2024

Transmittal of Annual Comprehensive Financial Reports for fiscal year ended September 30, 2024.

Documents:

00 - ACFR Agenda Item Memo 23-24.pdf

City of LW Audit 2024.pdf

LW CRA Audit 2024.pdf

4.

Raising the Threshold to $5,000 for Capitalization of Fixed Assets

Staff is requesting that the threshold for capitalization of fixed assets be moved from $1,000 to $5,000, with an effective date of 10/01/2024. This change would align with common financial reporting standards and reduce administrative burden by limiting the number of items capitalized as fixed assets for accounting purposes.

Documents:

001 - Memo Capital Asset Threshold Increase.pdf

002 - Procedures for Capital Assets - Effective 10-01-2024.pdf

5.

Presentation - EDC/Chamber of Commerce

Documents:

Quarterly Update for City Commission April 9 2025.pdf

6.

The Lake Wales Housing Authority, owner, is requesting approval of City Commission for a Special Exception Use Permit to allow a Multi-Family PDP, including a multi-phased Master Plan, on 24.74 acres of land, for the redevelopment of Grove Manor.

The Lake Wales Housing Authority, owner, is requesting approval of City Commission for a Special Exception Use Permit to allow a Multi-Family PDP, including a multi-phased Master Plan, on 24.74 acres of land, for the redevelopment of Grove Manor.

Documents:

CC Memo Grove Manor PDP 4.15.2025.pdf

Grove Manor Apartments - Development Impact Data.pdf

Grove Manor Master Phasing Plan.pdf

Grove Manor Overall Architectural Site Plan.pdf

7.

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