HomeMy WebLinkAbout2002-12-26 MinutesMINUTES OF A MEETING
OF THE
FIREMEN'S PENSION AND RELIEF FUND BOARD
DECEMBER 26, 2002
A meeting of the Fayetteville Firemen's Pension and Relief Fund Board was held on
December 26, 2002 at 11:00 a.m. in Room 326 of the City Administration Building
located at 113 West Mountain Street, Fayetteville, Arkansas.
PRESENT: Ronnie Wood, Pete Reagan, Danny Farrar, Marion Doss, Robert Johnson,
Heather Woodruff, and Kit Williams.
MINUTES
Mr. Reagan moved to approve the minutes.
PENSION LIST
Mr. Doss stated Ralph Tate had been moved from Drop to retirement status.
Mr. Reagan moved to approve the pension list. Mr. Johnson seconded. The motion
carried unanimously.
INVESTMENT REPORT
Mr. Reagan stated Longer Investments would not be able to make this meeting, but they
had dropped off a summary. They had asked if they could do a quick overview every
month, then a detailed once every quarter.
OTHER BUSINESS
Ms. Stout had sent the Pension Board a check for $300.00. The board agreed the check
needed to be deposited into the fund.
Mr. Williams stated they had received two replies to their RFQ.
The board reviewed the responses.
Mr. Farrar moved that they select Mr. Stutte. Mr. Reagan seconded. The motion carried
unanimously.
Mr. Williams stated he would work out an agreement with them in regards to fees and
bring it back to the board. He also wanted to make sure that they were representing the
board and not individuals in the pension fund.
The meeting adjourned 11:50 a.m..