HomeMy WebLinkAbout1970-02-02 MinutesMINUTES OF THE REGULAR MEETING
• BOARD OF TRUSTEES
FIREMEN'S PENSION AND RELIEF FUND
February 2, 1970
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, February 2, 1970, at 4:30 p.m.
Present: Chairman Wesley M. Howe, Treasurer Patrick J. Tobin, Secretary Marilyn
Moore, Fire Chief Burl Skelton and Board Members: Joe Fraley, Paul Logue, Carl
Springston, and Paul Blackard.
Absent: None,
Mr. Fraley moved to approve the minutes of the last regular meeting on Monday,
January 19, 1970, a copy of which had previously been mailed to each Board Member.
The motion was seconded by Mr. Springston, and upon roll call the following vote
was recorded: 11Aye" Skelton, Fraley, Logue, Springston, and Blackard.
"Nay" none. There being five "Ayes" and no "Nays", the Chairman declared the
motion passed.
The Secretary presented the Authorization Form to pay the January pensions.
Mr. Skelton moved that the disbursements be allowed.
The motion was seconded by Mr. Blackard, and upon roll call the following vote
was recorded: "Aye" Skelton, Fraley, Logue, Springston, and Blackard.
"Nay" none. There being five "Ayes" and no "Nays", the Chairman declared the
• motion passed.
Mr. Skelton moved that the Treasurer be, and he is, hereby authorized to check
interest rates at all Savings and Loan Institutions where we have investments
and reinvest the money at the rate of 6 percent interest for a 5 year period;
money invested in banks is to be left as is for easy withdrawal.
The motion was seconded by Mr. Fraley, and upon roll call the following vote was
recorded: "Aye" Skelton, Fraley, Logue, Springston, and Blackard.
"Nay" none. There being five "Ayes" and no "Nays", the Chairman declared the
motion passed.
There being no further business, Mr. Fraley moved to adjourn. The motion was
seconded by Mr. Springston and passed unanimously, whereupon the Chairman
declared the meeting adjourned.
ATTEST:
MARILYN M0g7 E, SECRETARY
•
APPROVED:
M� HO'WE, CHAIRMA14