HomeMy WebLinkAboutCCDATE=AUGUST 20, 2002 (3) • Board nofilied that the Starr, rcJeeted the Annual Report filed by Knox on buhalF of the
Pension fiend because nfa failure ofswhornurthc ryor N balance property. J.
Novicki soared ho had i o ingtM Knox and advised them to make the neoxssery
cavectinm_ I Novicki to follow up on this issue.
nnhnished business
Board notified sn me final hung of Amemre as custodian for both Fixed and equity
holdings.
(. Colli ns reported Sabrina physiW has Scurf whcdured for 9/162002 Grossphysical
is coming up won.
Board notified that 1'. Bialek had been in contact with Knox regarding the adjustment of
the fee for completing the arcual reportsaid had an agroermad with Knox to reduce the
cost lino the original quote of$1400.00 down to $900.00 due to our having dune some
of rho paperwork prior to their taking over the Bak.
Motion to approve paymentw Knox of$900.00 of work done on annual report, pending
acceptance of the nyort by the State made by J.NowPekl, seconded by J. Ilemici.
Carried,
New Busnw>
Motion to separately approve each of the following now hires interior, Elgin Fine Peo.sion
Fund was made by J. Heaved, seconded by V. Reard. Carted.
1. Bialek itm rated the Board that each new hire had submitted the ncecsaary paperwork.
New so uaria rcpon will not inchnde new hires as the date of the report will be 12-11-
2001.
Further discussion rciondijig some in accuracies for personnel information and samim
vas discnsved. We will have T. Shmpc nnbmir sheets to the Board for review before final
report is complgW,
rPPAC scmmar will he held in Alton IL on September 25-27, 2002. Motion to approve
sending any Board mcrmber who might wish to ahead made by K. Nelson, sewndal by T.
Bialek Caned.
Adjournment
Motion of sciatica was made at 0925am by T.Michaels, seconded by J. Haudci_ Carrier.
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