Loading...
HomeMy WebLinkAboutFIRE PENSION - 05/14/2007 - FIRE PENSION MEETING MINUTES MINUTES OF BOARD MEETING ELK GROVE FIREFIGHTER'S PENSION FUND May 14, 2007 CALL TO ORDER A meeting of the Firefighter's pension fund was held on May 14; 2007 in the Fire Department Administration Office 901 Brantwood Avenue. President Brian McVeigh called the meeting to order at 7:05 p.m. ROLL CALL On roll call the following members were present: Brian McVeigh; Mark Percudani; Bernard Goss, Dave Miller, Christine Tromp (Finance Director) and Mary Tomanack financial consultant to the pension board. Absent was Hilda Ingebrigsten MINUTES A motion was made by David Miller to accept the minutes of the February 5, 2007 meeting. Brian Mcveigh seconded the motion. The motion passed unanimously REPORT OF INVESTMENTS Mary Tomanek submitted a quarterly review/report of the Elk Grove Village Fire Pension Fund investments with Solomon Smith Barney. She reviewed and explained its contents to its members. TREASURERS REPORT Christine Tromp submitted a balance sheet, open investment listing and disbursement register. Christine reviewed and explained the contents to the members. A motion was made by Mark Percudani to accept the Treasurers report. Bernard Goss seconded the motion. The motion passed unanimously. OLD BUSINESS NEW BUSINESS The term of fire pension board trustee that is held by Mark Percudani had expired. Mark ran for the active member three year term of office (unopposed). Election of this-years officers was held. Brian McVeigh will serve as President of the fund. Bernard Goss will serve as Vice-President and Mark Percudani will serve as the Fire Pension Board Secretary. This motion was made by Dave Miller seconded by Bernard Goss . The Motion passed unanimouslly ADJOURNMENT Bernard Goss made a motion to adjourn the meeting. Dave Miller seconded the motion. The motion passed unanimously. The meeting was adjourned at 7:45 p.m. The next meeting will be Monday August 13 2007 at 7:00 PM; at the Fire Administration Building. Respectfully submitted by: Mark W. Percudani, Sr. Secretary Firefighter's Pension Fund I i