HomeMy WebLinkAbout1968-08-05 MinutesMINUTES
OF
THE REGULAR MEETING OF THE FIREMEN'S BOARD OF TRUSTEES
• OF
THE PENSION AND RELIEF FUND OF FAYETTEVII.LE, ARKANSAS
The regular meeting of the Board of Trustees of the Firemen's Pension & Relief Fund of
Fayetteville, Arkansas, was held in the City Clerk's Office on Monday, August 5, 1968,
at 4:45 P. M.
Present:City Manager Gerald G. Fox, Secretary George J. Davis, Fire Chief Burl Skelton,
and Board Members: Paul Lague, Paul Blackard, Bill Harris,
Absent at roll but later entering, Clarence Tune.
The minutes of the regular meeting on Monday, July 1, 1968, were read and approved.
The Secretary presented the Authorization Form to pay the July Pensions.
Mr. Skelton moved that the disbursements be allowed. The motion was seconded by Mr. Harris
and upon roll call the following vote was recorded: "Aye" Skelton, Lague, Blackard, and
Harris. "Nay" None.
There being Four "Ayes" and No "Nays", the Chairman declared the motion passed.
Clarence Tune entered at this time and was noted by the Secretary.
The Secretary reported that two deaths had occurred during the month of July of the Retired
Members on the Pension List, Viz. S. M. Cook and Mrs. J. 0. Mayes.
He further reported that Mrs. S. M. Cook was still alive and eligible for a widow's pension
Mr. Skelton moved that the Secretary be authorized to pay Mrs. S. M. Cook a pension of
$25.00 per month(at present) as had been the custom for the past several years.
The motion was seconded by Mr. Harris and upon roll call the following vote was recorded:
• "Ave" Skelton, Logue, Blackard, Harris, and Tune. "Nay" None.
There being Five "Ayes" and No "Nava", the Chairman declared the motion passed.
The Secretary reported that he had $10,000.00 in surplus in the chedking account which
could be invested as the Board desired.
After a brief discussion, Mr. Skelton moved that the Secretary be authorized to invest the
sum of $5,000.00 with the United Savings Association, Ft. Smith, Arkansas, and $5,000.00
with the First Federal Savings & Loan Association, Little Rock,Arkansas.
The motion was seconded by Mr. Harris and upon roll call the following vote was recorded:
"Aye" Skelton, Logue, Blackatd, Harris and,Tune. "Nay" None.
There being Five "Ayes" and No "'lays ", the Chairman declared the motion passed.
There being no further business,
Mr. Tune moved
to adjourn. The motion was seconded by
Mr. Logue and
passed udanimously,
whereupon the
Chairman declared the meeting adjourned.
GEORGET e1S
•
APPROVED:
CI MANAGER GERALD G. FOX
CHAIRMAN