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HomeMy WebLinkAbout1969-11-03 MinutesMINUTES OF THE REGULAR MEETING • BOARD OF TRUSTEES FIREMEN'S PENSION AND RELIEF FUND November 3, 1969 The regular meeting of the Board of Trustees of the Firemen's Pension and Relief Fund of Fayetteville, Arkansas, was held in the Directors Room in the City Admini- stration Building on Monday, November 3, 1969, at 4:45 P.m. Present: Chairman Wesley M. Howe, Treasurer Evan Brott, Secretary Marilyn Moore, Fire Chief Burl Skelton and Board Members:: Joe Fraley, Paul Lague, and Carl Springston. Absent: Paul Blackard, Mr. Skelton moved to approve the minutes of the last regular meeting on Monday, October 6, 1969s a copy of which had previously been mailed to each Board Member. The motion was seconded by Mr. Lague, and upon roll call the following vote was recorded: "Aye" Skelton, Fraley, Lague, and Springston. "Nay" none. There being four "Ayes" and no "Nays", the Chairman declared the motion passed. The Secretary presented the Authorization Form to pay the October pensions. Mr. Lague moved that the disbursements be allowed. The motion was seconded by Mr. Fraley, and upon roll call the following vote was recorded: "Aye" Skelton, Fraley, Lague, and Springston. • "Nay" none. There being four "Ayes" and no "Nays", the Chairman declared the nation passed. The Treasurer reported that a Certificate of Deposit in the amount of $10,000.00 invested with the Bank of Elkins and drawing 5 percent interested matured on October 12, 1969. Mr. Springston moved that the Treasurer be, and he is hereby, authorised to invest Firemen's Pension Fund money with an institution paying a higher rate of interest. The motion was seconded by Mr. Fraley, and upon roll call the following vote was recorded: "Aye" Skelton, Fraley, Lague, and Springston. "Nay" none. There being four "Ayes" and no "Nays", the Chairman declared the motion passed. There being no further business, Mr. Springston moved to adjourn. The motion was seconded by Mr. Fraley and passed unanimously, whereupon the Chairman declared the meeting adjourned. APPROVED: 1 a �a i • ATTEST:279"" 79"" l�.rr��� / / / l aq RII YN MOO7E SEC ARY