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HomeMy WebLinkAbout11-15-12 - Signed MinutesDenis Law, Mayor MINUTES FIREMEN'S PENSION BOARD CITY OF RENTON November 15, 2012 Terri Briere, Council Finance Committee Chair (Substitute: Don Persson, Council Finance Committee Member) Bonnie Walton, City Clerk Ray Barilleaux, Fire Department Representative Bruce Phillips, Fire Department Representative Chuck Christensen, Fire Department Alternate The regular meeting ofthe Firemen's Pension Board was called to order by Mayor Denis Law at 2:00p.m. in the Mayor's Conference room, 7th floor of Renton City Hall. In attendance were Board members Ray Barilleaux, Bruce Phillips, and Bonnie Walton. Also present was Jill Masunaga, Finance Department Representative. MINUTES APPROVAl MOVED BY PHILLIPS, SECONDED BY BARILLEAUX, THE PENSION BOARD APPROVE THE MINUTES OF THE SEPTEMBER 20, 2012 MEETING. CARRIED. MONTHlY STATEMENT The financial report for September 30, 2012 was reviewed. Total cash/investment balance was $4,328,064.43. The financial report for October 31, 2012 was also reviewed. Total cash/investment balance was $4,311,264.76. MONTHlY BillS AND PENSION PAYMENTS MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS FOR OCTOBER 2012, IN THE TOTAL AMOUNT OF $17,233.61 AND FOR NOVEMBER 2012, IN THE TOTAL AMOUNT OF $17,233.61, BOTH TO BE PAID FROM THE FIREMEN'S PENSION FUND. CARRIED. CORRESPONDENCE A memo from the Board Secretary reviewed reminding Fire Chief Mark Peterson that the two-year term of Ray Barilleaux will expire December 31, 2012, and that an election amongst the firefighters must be held to fill the position. ADJOURNMENT MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE MEETING OF THE FIREMEN'S PENSION BOARD BE ADJOURNED. CARRIED. Time: 2:03p.m. Bonnie I. Walton, City Clerk Member and Secretary, Firemen's Pension Board Next Meeting: 3'd Thursday in January 2013