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HomeMy WebLinkAbout07-21-1992 Minutes _ r MINUTES OF GENERAL EMPLOYEE'S PENSION BOARD MEETING Jtrne--3-; 1992 The meeting was called to order on July 21 , 1992 , at 10 : 10 a.m. in the Training Room of the Community Center. Acting Chairman, Jean Grafton, determined that there was a quorum. Those in attendance were Jean Grafton, Judy Henry, Joyce Oliver, Tanya Miller, Lee Dehner, Beth Archer and Terry McDougal . The minutes of the June 3 , 1992 , meeting were amended to read (4th paragraph, second line ) "our funds were invested in common stocks . " They were approved as amended. Beth Archer and Terry McDougal , with ICC, went over our monthly reports and explained the format to the board. Lee Dehner went over the rules and changes were made . He will present final draft at our next meeting . He advised board members to look at the Selected Provision of the Plan and we would discuss these at the next meeting . A discussion was held about the Summary Plan Description which was adopted at the 4 . 29/92 meeting. Lee will furnish the board with an original and Jean Grafton will prepare copies for all plan members . A motion was made by Joyce , seconded by Tanya, that the following bills be paid: Dehner and Christensen = $129 . 96 , and Investment Counsel Company = $661 . 07 . The next board meeting will be September 1 , 1992 at 10 : 00 in the Training Room, Community Center. There being no further business , the meeting was adjourned at 12 : 30 . Respectfully submitted, Judy Henry, Secretary L