This Month · Monthly Finance

Six Peak Monthly Finance

Last meeting: 2026-06-10 — Six Peak EOS — 3-Partner Finance

◆ 0 active to-dos ▲ 0 goals set ● Last meeting 2026-06-10

Action Items

Open To-Dos

Goals Set

Meetings Logged

Meeting Summary

2026-06-10 — Six Peak EOS — 3-Partner Finance

The meeting reviewed site progress, recurring meeting cadence, outstanding capital calls, entity formation status, tax items, cash-management proposals, and short-term staffing coverage.
Capital and transactions: MRK underfunded the Francis capital call by approximately $97–100k.
Reseda has not yet been funded by MRK; the team agreed to fund a deposit required by a tax-credit-triggered obligation and expects the Reseda sale closing to slip into 2027 with a potential extension fee.
The required deposit amount is unclear within the discussion (variously stated as $250k, $400k, or $500k); Chris Andresen was asked to locate the contract in Dropbox to confirm the exact amount so a capital call and escrow notification can be issued.
Entity formation and co-investment: The co-investment term sheet is signed by all parties except Rich; Kruger signed recently and Bob will text Rich to obtain his signature so Francis entity formation can proceed.
The team prefers moving investments out of Six Peak and completing the co-investment agreement to simplify operating cash tracking.
Tax and accounting: A $300k write-off (Hara) was recorded in the month it was signed rather than backdated to 2025.
Chris Andresen is completing tax work and committed to delivering the remaining asset schedules to CBEs by the end of the week; Aiello requested an email confirmation of that delivery to enable escalation if needed.
Operations and staffing: Robert is on leave; Aiello offered to cover treasury responsibilities while Robert is away and noted he will be mostly offline June 20–30.
Chris Andresen will be on the East Coast mid-July to early August and the team intends to plan an in-person meeting during that window.
The team agreed to rely on the established monthly finance call for routine financial reviews and delete the duplicate recurring meeting unless ad hoc items arise.

Action Items

From 2026-06-10

No action items remaining.

Files Referenced

Needed to keep moving

No files referenced.

To-Dos

Active this month

Chris Andresen Chris Andresen will adjust the forecast to better allocate miscellaneous credit-card and job-related expenses as discussed from action item
Chris Andresen Chris Andresen will compile and deliver Francis backup through May 2026 for MRK from action item

6/5/26
Chris Andresen Chris Andresen will schedule a follow-up call with Pedro to confirm the process for updating internal budgets to reflect buyouts and actual costs from action item
Chris Andresen Chris Andresen will run a mock budget adjustment on Ramsgate with Grady to demonstrate the internal change process from action item
Chris Andresen Chris Andresen will discuss the budget revision process and employer burden treatment with Pedro. from action item
Chris Andresen Chris Andresen will send the April billings to Chris Aiello after his review so forecasts can be updated. from action item
Chris Aiello Chris Aiello will attempt to delete and recreate Chris Andresen’s JPMorgan user to resolve access issues. from action item
Chris Andresen Chris Andresen will set up a centralized receipts inbox (e.g., receipts@lv.com) and configure Claude or a filing process to capture emailed receipt photos from action item
Chris Aiello Chris Aiello will evaluate card options and think through how to implement job-specific subcards from action item
Grady Grady will review recent larger LV card charges and identify items billable to jobs for the past months from action item
Grady Grady will code credit-card transactions and jobs more strictly for the current month and the next month until the new card system is in place from action item
Chris Aiello Chris Aiello will send the updated pre-construction agreement to Chris Andresen and Robert for entry and accrual from action item
Chris Aiello Chris Aiello will schedule a call with Pedro to update internal budgets to reflect buyouts from action item
Chris Andresen Chris Andresen will review the tax materials and bank-account activity to produce the requested equity activity by partner and reconcile the tax provider's submission from action item
Bob Kennedy Bob Kennedy will delete the duplicate recurring meeting going forward unless ad hoc items arise from action item
Chris Andresen Chris Andresen will call the Reseda capital (issue the capital call) after confirming the contract amount from action item
Chris Andresen Chris Andresen will dig up the Reseda contract in Dropbox and confirm the required deposit amount from action item
Chris Andresen Chris Andresen will follow up on the last capital call and the underfunding from MRK from action item
Bob Kennedy Bob Kennedy will text Rich to request his signature on the co-investment term sheet from action item
Chris Andresen Chris Andresen will send Aiello and Bob an email confirming he completed the tax work and submitted asset schedules to CBEs from action item

Goals

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