HomeMy WebLinkAbout2001-05-31 MinutesMINUTES OF A MEETING
OF THE
FAYETTEVILLE FIRE PENSION AND RELIEF FUND BOARD
MAY 31, 2001
A meeting of the Fayetteville Fire Pension and Relief Fund Board was held on May 31, 2001 at 11:00 a.m.
in Room 326 of the City Administration Building located at 113 West Mountain Street, Fayetteville,
Arkansas.
PRESENT: Mayor Coody, Marion Doss, Pete Reagan, Robert Johnson, Danny Farrar, Ronnie Wood, City
Clerk Heather Woodruff, City Attorney Kit Williams and John Maguire.
MINUTES
Mr. Reagan moved to approve the minutes. Mr. Doss seconded. Upon roll call the motion carried
unanimously.
PENSION LIST
Ms. Woodruff stated the Skelton girls had been added to the pension list last month.
Mr. Williams stated he had asked that the girls not be paid directly, but for the board to send the check to
the courts and to let the judge decide where the money should go.
Mr. Reagan moved for the Skelton girls' check to be sent to the court. Mr. Doss seconded the motion.
Upon roll call the motion carried unanimously
• ELECTION RESULTS
Mr. Reagan introduced their new pension board member Robert Johnson, who had won the election.
•
AMENDMENT 59
Ms. Woodruff stated she received an invoice for administrative cost. The total was $2,514.04. The Fire
Pension's half was $1,257.02.
Mr. Williams stated this was the second to the last payment. They still had to pay the second half of the
taxpayer refund portion. They needed a motion to make payment to the County. That would pay for the
administrative costs of mailing the checks and filling out the forms. It was a cost not to exceed $300,000
total. This was their share of that.
Mr. Doss moved to pay Washington County $1;257.02. Mr. Farrar seconded the motion. Upon roll call
the motion carried unanimously.
INVESTMENT REPORT
Mr. Reagan stated Mr. Yada was not able to make it today, but a copy of the investment report had been
faxed to them.
BENEFIT INCREASE
Ms. Woodruff stated she had spoken with Ms. Hinshaw regarding their benefit increase. They should hear
from her next week or the following week. They should know something by the end of the month.
The meeting adjourned at 11:10 a.m.