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HomeMy WebLinkAboutPOLICE PENSION - 07/19/1977 - Twp- 71 3oapd of Trustees , Police Pension Fund Minutes of Regular Quarterly Board. Meeting, Tuesday, July 19, 1977. Meeting Hold in The Staff Conference Room, Municipal Building, 901 Wellington Avenue., Elk Grove Village , Illinois. Prepared by: :4ugene E. Brandt Trustee-Secretary J 73 Vice President Canary called the meeting to order at 7 :02 P .M. Roll call of officers : Vice President Canary, Secretary Brandt, Assistant Secretary Parley and Treasurer Coney. Minutes of the previous meeting held on Tuesday, June 9, 1977 which were previously distributed, !,icre read and the minutes were approved as written. Secretary Brandt reported that David Giles was dismissed as a probationary patrolman on 27 June 1977 and Richard Rusch had resigned on 5 July 1977. Refund checks of their contributions to the Band have beer_ given them. Treasurer Coney reported that he was a*,-iting the May computer print outs for funds for deposit. He also advised that he had submitted the annual report to the Department of Insurance , State of Illinois on July 19, 1977. Secretary Brandt reported that new bank signature cards will have to be made out since the appoitment by Village President Zettek of Eugene P. Diemer, to the fifth position on the Board whose vacancy came about by the resignation. of Grant '+7atson. Eugene P. Diemer was introduced to the members of the Board and Treasurer Coney expounded on the seriousness of the duties of office for all Board members . Vice President Canary called for election of Board officers and the following slate was propsed; President - Eugene P. Diener Vice President - Robert Canary Secretary - Eugene Brandt Assistant Secretary - David Parley Brandt moved to elect the above slate, Parley seconded, motion carried. Vice President Canary then turned the chairmanship of the meeting over to President Diemer, who filled the Board in on his credentials in the financial field and that he would do his utmost to full fill his duties . 75 President Dismer advised subject of investments by Board to be tabled until the next regular quarterly meeting, to be held on Tuesday, October 11, 1977, for research purposes . Being no further business to discuss, the meeting was adjourned at 7 :35 P.M. Submitted by, izgene E. Brandt Trustee-Sacretary _ 1 cc : Diemer Canary Parley Coney Brandt P. Turner L. Turner Willis B .B . rile