HomeMy WebLinkAbout1972-01-03 Minutes• MINUTES OF THE REGULAR MEETING
BOARD OF TRUSTEES
FIREMEN'S PENSION AND RELIEF FUND
January 3, 1972
The regular meeting of the Board of Trustees of the Firemen's Pension and
Relief Fund of Fayetteville, Arkansas, was held in the Director's Room in
the City Administration Building on Monday, January 3, 1972, at 4:30 P.M.
Present: Chairman Wesley M. Howe, Secretary LoVetta Moore, Treasurer
Patrick J. Tobin, Fire Chief Charles McWhorter, and Board Members: Paul
Logue, Harold Lee, Howard Boudrey, and Dean Harris.
Absent: None.
The minutes of the last regular meeting on December 6, 1971, copies of
which had previously been distributed to each of the Board members, were
approved.
The Secretary presented the Authorization Form to pay the January pensions.
Mr. Boudrey moved that the disbursements be allowed. The motion was
seconded by Mr. Logue, and upon roll call passed unanimously.
Chief McWhorter opened for discussion the subject of raising the volunteer
firemen's pension pay and stated that if the Board decides to grant such a
• raise the two alternatives are (1) Make it a blanket raise, or (2) Raise
the members as they retire rather than go back and raise everyone.
Considerable discussion followed and several of the Board members expressed
a desire to see what other cities in the State are paying on volunteer
firemen's pension before taking any action.
As a result of the discussion, Chairman Howe was asked to write the
Municipal League to obtain information on volunteer firemen's pay as well
as the pension widows receive in other cities in the State. -
Chairman Howe appointed Board members Logue and Harris to check with the
widows presently drawing pension to see if they are in need of having
their pension pay raised.
Chief McWhorter agreed to send each of the Board members, for their review
prior to the next meeting, a list of the volunteers drawing pension pay.
Board Member Harris asked Mr. Howe if it was possible to obtain information
regarding the percentage of fires the part -paid firemen are called to in
towns of comparable size to Fayetteville. Mr. Howe replied that he did not
believe he could obtain this information from the Municipal League.
Chief McWhorter stated that he would try to obtain this information from
the Arkansas Inspection and Rating Bureau.
Treasurer Tobin advised the Board that the pension fund cash position
would allow for the release of $10,000 for investment purposes. Following
discussion by the Board, Chief McWhorter moved that $10,000 be invested
at First Federal for two years at 6% interest. The motion was seconded
40
by Mr. Logue, and upon roll call passed unanimously.
• There being no further business, Chief McWhorter moved that the meeting be
adjourned. The motion was seconded by Mr. Logue, and passed unanimously,
whereupon the Chairman declared the meeting adjourned.
ATTEST: (/100
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LoVetta Moore, Secretary
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Howe, Chairman
• VOLUNTEER FIREMEN DRAWING PENSION PAY:
NAME AMOUNT
Hugh E. Barnes $ 35.00
Marvin Murphy 35.00
Ansel Polly 35.00
Frank M. Brown 35.00
Roy Cole 35.00
William H. Morris 50.00
Cleo Morris 35.00
Jess Tune 60.00
Floyd Carl, Jr. 35.00
Arnold Christie 35.00
• Doyle E. Morrison 60.00
Clarence W. Tune 60.00
WIDOWS DRAWING PENSION PAY:
NAME AMOUNT
Mrs. S. M. Cook $ 25.00
Mrs. Hal Lane F, Leslie Ann Lane 50.00
Mrs. Lacy Dearing 25.00
•