HomeMy WebLinkAboutCCDATE=MAY 21, 2002 (6) • ELGIN FIRE PENSION FOND MINUTES
May 21, 202
Meeting was called to order at 8 4lian.
Presene T. Michaels, V. Beard, J. Hauici, K. Nelson, T. Rialek, 1. Nowlcki,
Absent E. ScAork, E Mwnm
Guests: C Collins, P. Krolak
Minutes
The minutes of the February 19, 2002 meeting were reviewed. Motion to accept the
February minutes by J. Herbal, seconded by V. Beard. Carried.
Treasurer Report
Much 31, 2002 report from Knox submitted. We have not received We April report yet
Some mmlinge that should be going to lac Fluarrce Department are being sent to T.
Dialek and this is cursing some delay in Knox getting hdormation on a timidly basis. J.
Nowickl to speak with Knox regarding improving the timeliness of our reports. Motion
• an accept March report by J. Heuriei, preceded by V. Beard, Carried,
1. Novicki advised we are completely out of Keyport account draft 1'muls arc in our money
market account. Holdings in Hartford have bran moved out of the annuity and into the
same corresponding mutual fund
Secretary ILport
Board was advised of D.S. Ahrens decision to leave his pension contributions in the fund
despite his separation from survive.
Board was advised the J. Fetzer did separate Javan sarvlca as a deferred pensioner as
previously approved.
Board notified letters had been pent to Apple hill and Becker. Burke advising ofoor
hiring of Marquette.
Macquarie billing for le instailmcm of committed far for period of March 1, 2002
through May 31, 2002 in the amount of$6250.00. Motion to pay made by T. Rialek,
seconded by L Herold. Copper.
C. Collins bill for retainer fres for April, 2002 drought June,2002 in the amount of
S101100. Motion to pay made by J. Haman, seconded by J. Nowicki. Ca rind.