LAKE IMPROVEMENT DISTRICT AS LEGAL OPTION TO PRESERVE A LAKE

One of the most precious resources in Minnesota is our pristine lakes. The value of lake property is tied to the health of the lake. If a lake is overcome with invasive species it inevitably impacts the value of lake properties. Thankfully, active and sophisticated lake associations accomplish much in the way of maintaining the health of a lake. However, associations do have some limitations that a Lake Improvement District (“LID”) can address. For example,