HomeMy WebLinkAbout1968-11-04 MinutesMINUTES
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THE REGULAR MEETING OF THE FIREMEN'S PENSION & RELIEF FUND
BOARD OF TRUSTEES
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The Firemen's Pension & Relief Fund Board of Trustees met in regular session on
Monday, November 4, 1968, in the City Clerk's Office at 4:45 P. M.
Present: Chairman City Manager Gerald G. Fox, Secretary George J. Davis, Fire Chief
Burl Skelton, and Board Members: Paul Logue, Paul Blackard, Bill Harris, and Clarence Tune.
Absent: Treasurer Albert J. J6nes,
The minutes of the regular meeting on Monday, October 7, 1968, were read and approved.
The Secretary presented the Authorization Form to pay the October Pensions.
Ma'. Harris moved that the Disbursezyents be allowed. The motion was seconded by
Mr. Tune and upon roll call the following vote was recorded, "Aye" Skelton, Logue, Blackard,
Harris and Tune.
"Nay" None.
There being Five "Ayes" and No "Nays", the Chairman declared the motion passed.
The Secretary reported that he had $13,880.44 in the checking account of which he
believed $10,000.00 could be invested as the Board desired.
He further reported that he had written some Savings and Loan Associations but had not
heard from them yet and didn't know the rate of Interest any of them paid.
Mr. Skelton moved that the Secretary be and he is hereby authorized to invest the sum
of $10,000.00 with either Savings IAa As ciation oc pa}d 51% Interest r viwld,�-�/
they were Federally Insured t� x�� �jn a"" ��"y v �^'l
The motion was seconded by Mr. Blackard and upon roll call the following vote was
recorded, "Aye" Skelton, Logue, Blackard, Harris, and Tune. "Nay" None.
There being Five "Ayes" and No "Nays", the Chairman declared the motion passed.
There being no
further business, tom,: Tune moved
to adjourn. The motion
was seconded by
Mr. Harris and
passed unanimously, whereupon the
Chairman declared the
meeting adjourned.
ATTEST: �7
GEORGE IS, SECRETARY
APPROVED:
GIT NAG ER GERALD FOX
CHAIRMAN