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HomeMy WebLinkAbout10/20/1986 FFPB MinutesMINUTES OF THE REGULAR MEETING OF THE MOUNT PROSPECT FIREMENS PENSION FUND BOARD OCTOBER 20, 1986 CALL TO ORDER Secretary Fields called the meeting to order at 8:15 A.M., due to the fact that Chief Pairitz, being the President of the Fund, had retired. ROLL CALL Present upon roll call: Richard L. Jesse, Treasurer/Comptroller Edward Cavello, Fire Chief Delbert Ulreich, Firefighter Ron Olsen, Firefighter Donald Barra, Retired Firefighter Carol A. Fields, Village Clerk/Secretary Absent: Carolyn Krause, Mayor Xa ,� Firefighter Village Attorney Nominations were requested for the position of President. Carol Fields, seconded by Richard Jesse, nominated Fire Chief Edward Cavello to be President of the Firemens Pension Fund. There being no other names submitted, Secretary Fields declared the nominations closed. Richard Jesse, seconded by Carol Fields, moved to appoint Fire Chief Edward Cavello as President of the Fund. Upon roll call: Ayes: Jesse, Nays: None Pass: Cavello Motion carried. Ulreich, Olsen, Barra, Fields APPROVAL OF MINUTES Donald Barra, seconded by Richard --Jesse, moved approve the minutes of the regular meeting of the Fund held July 21, 1986. Upon roll call: Ayes: Cavello, Jesse, Ulreich, Olsen, Barra, Fields Nays: None Motion carried. Firemens Pension Fund Board October 20, 1986 Page 2 of 3 Donald Barra, seconded by Richard Jesse, moved to approve the minutes of the special meeting of the Fund held August 6, 1986. Upon roll call: Ayes: Cavello, Jesse, Ulreich, Olsen, Barra, Fields Nays: None Motion carried. TREASURER'S REPORT Del Ulreich, seconded by Donald Barra, moved to accept the Treasurer's Report. Upon roll call: Ayes: Cavello, Jesse, Ulreich, Olsen, Barra, Fields Nays: None Motion carried. COMMITTEE REPORTS Medical t reas Committee report, the following Board Members were appointed to the Committee: Ron Olsen, Randy Werderitch and Donald Barra. Finance Committee There was no report. The following Board Members were appointed to this Committee: Del Ulreich, Richard Jesse, Carolyn Krause and Carol Fields. OLD BUSINESS It was noted at some future date copy of the By -Laws will be distributed to the members for revision and updating. NEW BUSINESS It was noted that the Illinois Department of Insurance had reviewed the records of the Pension Fund and that the written report would be forthcoming. A verbal report given by the State Auditors noted that the records are in very good condition and that the investments are well done. Firemens Pension Fund October 20, 1986 Page 3 of 3 Donald Barra will be receiving a refund of $54.00 and Ervin Ville will be receiving a refund of $14.00. These refunds are money that was with held for taxes in error. Del Ulreich stated that the Firefighters Association will have their annual meeting on November 7th and asked if any Board members would like to attend. Del is the President of the Association therefore he will be attending. ADJOURNMENT Donald Barra, seconded by Carol Fields, moved to adjourn the meeting. Upon roll call: Ayes: Cavello, Jesse, Ulreich, Olsen, Barra, Fields Nays: None Motion carried. The meeting was adjourned at 8:40 A.M. Carol A. Fields Secretary