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Z . <br /> POLICE PENSION FUND <br /> Regular Quarterly Meeting - Tuesday, 8 January 1974 <br /> Meeting was called to order at 7: 15 P.M. at the Elk Grove Village <br /> Police Department. In attendance were President Watson, Vice- <br /> President Canary, Asst.-Secretary Farley, Treasurer Coney and <br /> Secretary Losch. All Board Members present. <br /> Minutes of last Board Meeting, Tuesday, 9 October 1973 were read <br /> and approved as read. <br /> Coney presented trial balance and investment listing of 30 November <br /> 1973 (copy attached) . Coney further reported that the Village has <br /> purchased a $70 , 000 . 00 Life Police for William Ulke (the Village is <br /> beneficiary) . There will be an agreement drawn up between the <br /> Village and Ulke regarding benefits and retirement. Ulke currently <br /> is not eligible and does not participate in the Pension Fund. <br /> Losch reported the following deletions and additions of participating <br /> members in the Pension Fund: <br /> 1. Joseph Eccles resigned effective 1 December 1973 and <br /> requested refund of contributions ($2 , 940 . 32) by letter <br /> dated 28 November 1973 . This action acknowledged by <br /> Board of Trustees and authorized the Treasurer to refund <br /> contributions accordingly. <br /> 2. Richard Colasuono, age 27 , appointed effective 19 November <br /> 1973 - participating member. <br /> 3. Michael Rader, age 21, appointed effective 19 November <br /> 1973 - participating member. <br /> 4. Jack Romme, age 28, appointed effective 19 November 1973 - <br /> participating member. <br /> 5. Larry Cillo, age 23, appointed effective 3 December 1973 - <br /> participating member. <br /> 6 . Sam Pitassi, age 21, appointed effective 3 December 1973 - <br /> participating member. <br /> 7. Russell Sonneveld, age 24 , appointed effective 3 December <br /> 1973 - participating member. <br /> 8. Richard Cribben, age 21, appointed effective 17 December <br /> 1973 - participating member. <br />