Lake Panorama Association Board of Directors Meeting
Dec. 17, 2025
The Lake Panorama Association Board of Directors met Dec. 17, 2024, at 5 p.m. at the Lake Panorama Association Office. Board members in attendance were David Finneseth, Dennis Flanery, Mark Jorgensen, Sue Thompson, Rachel Waldo, Dirk Westercamp and Jackson Whiton.
LPA Staff in attendance: Danna Krambeer, John Rutledge.
Visitors in attendance: Tom Schmitt, LPA member.
President Finneseth called the meeting to order at 5 p.m.
Agenda Item 1 – Approval of the Agenda
Waldo moved to approve the agenda. Motion second, carried unanimously.
No conflicts of interest were disclosed by the Board of Directors regarding agenda items.
Agenda Item 2 – Open Forum – Tom Schmitt spoke regarding issues with property neighbor and LPA rules and regulations.
Agenda Item 3 – Consent Agenda
Jorgensen moved to approve the consent agenda. Motion second, carried unanimously.
Consent agenda to include:
a) LPA General Manager’s Report
b) Approval of minutes from 11.26.2024 LPA Board Meeting
c) Acceptance of the 11.30.2024 LPA LPN Consolidated Financial Statement
d) Confirm date for next board meeting 03.25.2025
e) Accept minutes from the 11.25.2024 LPN, LLC Board of Managers meeting
f) Authorization to make 2025 investments in subsidiary LPN, LLC up to $300,000 per approved budget
Agenda Item 4a – Treasurer’s report
Flanery reported he visited with Krambeer regarding the October and November financial statements, checking account and other items. No issues of concern were noted.
Agenda Item 4b – Sewer lift station upgrades and associated financing plan related to the Chimra Road sewer lift station owned and operated by LPA.
The sewer lift station on Chimra Road requires updates and replacement of pumps. The project estimated total cost is $200,000. LPA requires to finance this capital improvement. LPA has negotiated a shared loan with Guthrie County State Bank taking lead, including Farmers State Bank, Iowa Trust and Peoples Bank participating equally.
Thompson moved to authorize General Manager to execute loan documents up to a maximum of $200,000 for the purpose of upgrading the LPA-owned sewer lift station on Chimra Road and to proceed with the associated sewer upgrades. Motion second, carried unanimously.
Agenda Item 4c – Offer to purchase lot 1155
An offer was received for lot 1155 in amount of $27,000. The Land Sales Committee reviewed and recommend counteroffer of $40,000. Buyer has rejected the counteroffer amount.
Flanery moved to approve the Land Sales Committee recommendation to counter the offer in the amount of $40,000 for lot 1155. Motion second, carried unanimously.
Agenda Item 5 – Old Business
None
Agenda Item 6 –Other Business
180th Trail Box Culvert Replacement
LPA owns property along the area that RIZ is replacing box culvert(s). LPA may have to give easement to the county to replace these culverts.
Waldo moved to authorize LPA to grant Right of Way Easement for the box culvert project, as prepared by authorized attorney. Motion second, carried unanimously.
Agenda Item 7 – Closed Session
The board entered closed session at 5:40 p.m. to discuss legal matters. Board exited closed session at 6:35 p.m.
Adjourn – With no further business, the meeting was adjourned at 6:35 p.m. n