HomeMy WebLinkAbout1984-01-10 MinutesMINUTES OF A FIRE PENSION RELIEF BOARD MEETING
A meeting of the Firemen's Pension and Relief Board was held
on Tuesday, January 10, 1984 at 4:30 P.M. in the City Manager's
Office, Interim City Hall, Fayetteville, Arkansas.
PRESENT: City Manager Grimes, Treasurer Linebaugh,
Fire Chief Logue, Firemen Dill, Judy and
Springston; City Clerk Kennedy
CALL TO ORDER
City Manager Grimes called the meeting to order.
MINUTES
With no corrections or additions to the Minutes of the December
5, 1983 meeting, the Minutes were approved as submitted.
PENSION LIST
There being no changes to the Pension List for January, 1984,
Fireman Springston, seconded by Dill, made a motion to approve
the Pension List for January, 1984. The motion passed, 4-0.
OLD BUSINESS
There was no Old Business introduced.
NEW BUSINESS
Investments
Treasurer Scott Linebaugh reported there were no investments
to be made for the month of January and he distributed
a Balance Sheet as of 12-31-83, which he stated did not
reflect any accrued interest as that had not been figured
as of 12-31-83. Linebaugh also distributed an investment
sheet and reported there would be no investments to be
made until April; that there is not enough money in the
savings account to make an investment.
Contribution
Fire Chief Logue reported that a $100 contribution had
been received from Katherine Stout and that a letter of
thanks had been sent to her on behalf of the Pension Board.
Savings & Loan Investments
Treasurer Linebaugh reported he has not received enough
details from all the Savings and Loan Associations in the
region in order to make a decision about whether to change
any of the investments from the Banks to a Savings and
Loan Association. Chairman Grimes asked Linebaugh to check
into interest rates being paid on investments by Banks
in Little Rock.
ADJOURNMENT
With no further business, the meeting adjourned at 4:40 P.M.
DONALD L. GRIMES, CHAIRMAN
SIZ•!`NE C. KEETARY