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HomeMy WebLinkAbout1999-12-16 - Agendas - Final IA-YETTEVILLE THE CITY OF FAYETTEVILLE, ARKANSAS AGENDA FAYETTEVILLE POLICE PENSION AGENDA DECEMBER 16, 1999 A meeting of the Fayetteville Police Pension and Relief Fund will be held on December 16, 1999 at 1 :30 p.m. in Room 326 of the City Administration Building located at 113 West Mountain Street, Fayetteville, Arkansas. 1 . Approval of the minutes of the August 19, 1999 meeting 2. Approval of the pension list 3 . Investment report • • 113 WEST MOUNTAIN 72701 501521-7700 FAX 501575-8257 • MINUTES OF A MEETING OF THE FAYETTEVILLE POLICE PENSION AND RELIEF FUND AUGUST 19, 1999 A special meeting of the Fayetteville Police Pension and Relief Fund was held on August 19, 1999 at 1 :00 p.m. in Room 326 of the City Administration Building located at 113 West Mountain Street, Fayetteville, Arkansas. PRESENT: Mayor Fred Hanna, Eldon Roberts, Dr. Mashburn, Hollis Spencer, Randy Bradley, and City Clerk Heather Woodruff. ABSENT: Jerry Friend. NASDAQ Mr. Roberts stated he had spoken with Ms. Longer regarding the litigation with NASDAQ. She had agreed to handle all the information for the lawsuit. Mr. Roberts moved to forward all correspondence regarding the lawsuit to Longer Investments. • Mr. Spencer seconded the motion. Upon roll call the motion carried unanimously. BENEFIT INCREASE Mr. Roberts presented a fax from the Review Board okaying a benefit increase in the amount not to exceed 100% of current salary. He suggested making the benefit increase retroactive to August. He suggested the benefit increase for August be added to the retirees' September check. Mr. Spencer moved to increase benefits to 90% of salary. The benefit would be retroactive to August. August's benefit increase would be added to the retirees' September check. Mr. Roberts seconded the motion. The motion carried unanimously. Dr. Mashburn noted the good job the board and Ms. Longer had done with their investing. Mr. Bradley stated it was his goal to get out of the stock market eventually. Meeting adjourned at 1 : 15 p.m. • f POLICE PENSION FUND DECEMBER 1999 • EMP# NAME GROSS FED. TAX ST. TAX NET 154ALLEN, CHARLES 2,244.53 220.00 66.89 1 ,957 .64 152ARNOLD, WILLADEAN 853 .00 853.00 130BAYLES, DON 1 ,384.31 1 ,384.31 107BLACK, JOE P 985 .99 985 .99 120BOWEN, J R 613 . 19 10.00 603 . 19 147BRADLEY, GERALD 4, 172 .85 540.53 117 .32 3,515.00 139BRADLEY, RANDALL 2,482.20 2,482.20 101 BROOKS, BILL 1 ,325 .79 1 ,325 .79 151COLE, RUST0N 2,659.53 600.00 200.00 1 ,859. 53 109COOPER, ADRIAN 565 .71 565 .71 111 DAY, LUCILLE 400.00 400.00 108 DENNIS, WARREN 1 ,202 .71 1 ,202 .71 125FLOWERS, HAROLD 759 . 10 759. 10 140FOSTER, BILLIE D. 21781 .68 150.00 50.00 2,581 .68 148 FRIEND, JERRY 21734.53 300.00 50.00 2,384.53 145HANNA, MARK 21376. 11 225 .00 75 .00 2,076 . 11 124HASKINS, RONALD 689.73 689 .73 146HUTCHENS, BERNICE 889 .85 130.00 759.85 143JOHNSON, CHARLES 2, 133 . 14 42 .67 2,090.47 103JOHNSON, WENDELL 690.55 690.55 118JONES, BOB 2,862.00 2,862.00 144KILGORE, DONALD 1780.31 19 .72 1 ,760.59 129LAWSON, FORREST 1 ,367 .48 200.00 1 , 167 .48 150LITTLE, PATSY R 400.00 400.00 153LORCH, DONNA G 400.00 400.00 • 156MARTIN, KENNETH 3185 .49 1450.00 140.00 1 ,595 .49 128MCCAWLEY, LARRY 1 ,476.94 140.00 10.00 1 ,326.94 116MCCHRISTIAN, MARIE 400.00 400.00 126MCWHORTER, KAREN 500.02 500.02 136MITCHELL, MICHAEL 2,003 .56 150.00 1 ,853.56 141 MUELLER, ROSEMARY 1 ,795 .38 1 ,795 .38 112MURPHY, JAKE 400.00 400.00 137PERDUE, LARRY 2,018.55 100.00 1 ,918 . 55 132PHILLIPS, HOMER GENE 1 ,528.40 300.00 11228.40 105 PRESTON, GEORGE DAVID 1 ,396.37 67.43 196 .37 11132 . 57 135RICKMAN, LOREN 1 ,939.54 169.00 20.00 1 ,750.54 104RIGGINS, RAYMOND C 1 ,455 .01 125 .00 25 .00 1 ,305 .01 1 22SKELTON, FRANK 728.67 728.67 123SPENCER, HOLLIS 1 ,201 .65 150.00 36.65 1 ,015.00 155STOUT, BETTY 430.25 430.25 133SURLES, JERRY 2,362 .50 230.00 40.00 2,092 .50 142TAYLOR, DENNIS 1 ,795.38 65 .00 20.00 1 ,710.38 106UPT0N, FRANKLIN 926.84 10.00 916.84 110 WATTS, BEULAH 400.00 400.00 149WILLIAMS, JOYCE 11232.07 217.07 1 ,015 .00 134WITT, DON 1 ,539.09 64.00 1 ,475 .09 127 WOOD, PAUL J 11378.72 1 ,378.72 - 568,848 .72 $5,613.03 $ 1 , 109.62 $62, 126.07 - - - - - - -- - - - - - -- - - - - - -- - - - - - - - - - - - - -- - - - - - -- - - - - - -- - - - - - - •