HomeMy WebLinkAbout1976-05-03 MinutesMINUTES OF A MEETING OF THE FIREMEN'S PENSION AND RELIEF
FUND BOARD
May 3, 1976
The regular monthly meeting of the Firemen's Pension and Relief Fund
Board was held May 3, 1976, at 4:30 p.m., in the Directors Room of
the City Administration Building.
PRESENT: Treasurer Pat Tobin; Secretary Darlene Westbrook; Fire Chief
Charles McWhorter; and Board members Howard Boudrey, Ronald
McArthur, and Dean Harris.
ABSENT: Don Miller (absent at roll. call), Chairman Donald Grimes
The meeting was called to order by Chairman Pro Tem Charles McWhorter.
Minutes of the April 5, 1976 meeting had been distributed to members of
the Board prior to the meeting. Ronald McArthur, seconded by Dean Harris,
moved the minutes be approved as submitted. The motion carried unanimously
in voice vote of the Board with member Don Miller absent.
Chief McWhorter presented an application for pension for Carl Springston
whose retirement was effective May 1, 1976. Howard Boudrey, seconded by
Ronald McArthur, moved the application be approved. The motion carried
unanimously in voice vote of the Board with member Don Miller absent.
Ronald McArthur, seconded by Howard Boudrey, moved that the May pension
list be approved with the addition of Mr. Springston at a monthly pension
of $409.88. In voice vote of the Board the motion carried unanimously
with member Don Miller absent.
Treasurer Pat Tobin reported that the Fund had received $10,000 in proceeds
from the one mill tax, making a total current cash balance of $:16;000.
He recommended investing $7,000 with an institution offering the best interest
rate and that investments currently maturing be renewed with their respective
holders. (Board member Don Miller arrived) The concensus of the Board was
to accept the treasurer's recommendation.
There being no further business, Howard Boudrey moved the meeting be adjourned.
The motion was seconded by Ronald McArthur and carried unanimously.
ATTEST:
Darlene Westbrook, Secretary
APPROVED:
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Charles McWhorter, Chairman Pro Tem
4iCRC3m 1980
DATE
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