HomeMy WebLinkAbout2010.01.10 Fire Pension Board MinutesFIRE PENSION BOARD MEETING
MINUTES
January 11, 2010
CALL TO ORDER:
Meeting called to order at 6:32 p.m. by MattWatkins .
ROLL CALL:
Those Present: Stephanie Brock, Don Carter, Debbie Clark, Gretchen Conner (Interim Finance
Manager) and Matt Watkins
APPROVAL OF PRIOR MEETING MINUTES:
Motion was made by Don Carter and seconded by Debbie Clark to approve the minutes of the
October 12, 2009 meeting.
Motion passed.
BILLS:
A copy of the monthly transaction ledger for October through December was distributed.
Motion was made by Don Carter and seconded by Debbie Clark to approve the expenditure
transactions as presented.
Motion passed.
FINANCIAL STATEMENT:
Presented.
OLD BUSINESS:
None.
NEW BUSINESS:
Alvie Covington's term expired at the end of 2009. Mrs. Brock will be mail out ballots for the
expired board representative term.
Gretchen Conner stated that there was a $500,000 bond that has a call date of 4/21/2010 and
quarterly thereafter. She made requested that City staff be allowed to reinvest the funds for a like
amount and like term at the best interest rate available if the bond was called. Motion was made by
Debbie Clark and seconded by Don Carter, to allow City staff to reinvest funds when called, for a
like amount and like term at the best interest rate available. Motion passed.
ADJOURNMENT: 6:42 p.m.
NEXT MEETING ON: April 12, 2010 at 6:30 p.m. (rescheduled to April 26 at 6:00 p.m.)