MEMORANDUM TO:  Board of Trustees CC:  Brad Underwood and Mike Bandelin June 14, 2023 Re: Effluent Pipeline  – CMAR Contract with Granite Construction –  Construction Manager Fee Percentage It is with dismay, that the Staff of IVGID, the Board of  Trustees and the attorney Josh Nelson  cannot  review and insure that important items in a contract are clearly stated and appropriate. The  contract for the Effluent Pipeline  phase 1 to install 5,500 LF  is for a maximum price of $9.4 million. It should clearly indicate the Construction Manager’s  Fee Percentage (7.3) .  Within the Bid Schedule the amount of Contractor … Continue reading →

by Clifford F. Dobler For the seven years from 2016 to 2022, the two Golf Courses had combined operating losses on average of $572,525 each year which was covered by profits from Diamond Peak. In addition $1,046,118 each year on average was spent on capital improvements and were covered by a portion of the Facility Fees assessed annually to all property owners.  (Source: annual CAFRs)[1]  The Board of Trustees realized that a review of the pricing policies should be established and Moss Adams, a regional CPA firm, on March 4, 2021, was issued a contract to determine the best method … Continue reading →

Has the Incline Village General Improvement District “concealed” public records? READ THIS EMAIL EXCHANGE – and you can decide for yourself.   Mr. Tulloch never received the public records he requested: the General Ledger. He  was elected in November, 2022 to the role of Trustee of the Incline Village General Improvement District. In July, 2022, a reporter from the Globe finally obtained a copy of the FY2021 general ledger. This was FIVE YEARS after Mr. Tulloch requested the records. The General Ledgers for 2017, and the 3 prior years HAVE NEVER BEEN RELEASED. Why is the general ledger important? The … Continue reading →

Although the Incline Bike Park is a family-friendly outdoor recreation venue that no doubt has it proponents, it is concerning from a financial perspective. Fund-raising for the first phase fell short, and there’s little indication that additional funding at the levels needed will be forthcoming. In 2014, the Incline Bike Project was formed by a group of Incline Village / Crystal Bay residents and the Incline Tahoe Foundation. A bike park/pump track is a park with a continuous loop of dirt berms and “rollers” (smooth dirt mounds) that you ride without pedaling. A memorandum of understanding in 2016 between Incline … Continue reading →

 On April 5, 2023, a 2023/2024 budget for the Beaches was presented to the Board of Trustees. The revenues were projected at $1,032,300 and consisted of five main areas 1) Food and Beverage revenues are $380,900 with expectations that operating profits will be $81,465 or 21% of revenues. Incline Spirits could not make a go of it last season, yet, IVGID staff believes they can knock the socks off. I doubt that will happen. 2) The Bars will be leased to Incline Spirits and the rent paid IVGID will be $51,800. 3) Rentals for kayak racks and the boat ramp … Continue reading →