HomeMy WebLinkAbout2012.04.09 Fire Pension Board MinutesFIRE PENSION BOARD MEETING
MINUTES
April 9, 2012
CALL TO ORDER:
Meeting called to order at 6:07 p.m. by Rebecca Francik.
ROLL CALL:
Those Present: Don Carter, Debbie Clark, Alvie Covington, Rebecca Francik, Harvey Swoboda, Dunyele
Mason, Lynn Jackson.
APPROVAL OF PRIOR MEETING MINUTES:
Motion was made by Alvie Covington and seconded by Debbie Clark to approve the minutes without
amendment of the January 9, 2012 meeting.
Motion passed.
BILLS:
A copy of the monthly transaction ledger for January through March was distributed.
Motion was made by Harvey Swoboda and seconded by Alvie Covington to approve the expenditure
transactions as presented.
Motion passed.
FINANCIAL STATEMENT:
Presented. Discussion of interest rate climate ensued.
OLD BUSINESS: Alvie Covington's board position expired 12/31/11 and new elections were held.
Ballots were mailed to all members. Alvie Covington was re-elected with a vote of 6 to 1. His new
term will expire 12/31 /2013.
NEW BUSINESS: It was communicated that Rebecca Francik was re -appointed as the council
member representative for 2012-2013 with Council Member Saul Martinez as the designated
alternate.
Also, the calculations for the July 1 payment adjustments were not yet available and so it was
determined that there would be a special meeting held on May 14, 2012 at 6:00 p.m. to review the
calculation and vote on the adjustments. Lynne will provide Dunyele with the calculations when she
has completed them and Dunyele will mail them prior to the special meeting.
ADJOURNMENT: 6:32 p.m.
NEXT MEETING ON: May 14, 2012 at 6:00 p.m.