2016-12-12BLAIR FIRE & RESCUE VOLUNTEERS' SERVICE AWARD PROGRAM
COMMITTEE MEETING
12/12/2016 11:00 A.M.
A copy of the "Open Meeting Act" is posted.
Meeting called to order by Chairman Carl Lorenzen.
This meeting will be conducted in accordance with the Nebraska Open Meeting Act.
Committee members present: Carl Lorenzen, Heath Reyzlik, Mark Hodson, Rod Storm, Peggy
Frahm
1) Minutes from previous meeting were presented. Motion by Mark, second by Peg to
approve and placed on file. All present voted aye.
2) Craig Heuton from Edward Jones was present to review the portfolio. Craig gave a
couple of option regarding the investment of the new funds. We can either pro rate
the new funds into the current allocations or invest new funds more internationally.
3) Motion by Rod, second by Mark to pro rate into current allocations. All present voted
aye. A discussion was held regarding retirement or death of a fully vested member
and the available cash for payment. Craig assured us that funds would be available in a
reasonable amount of time. Carl will continue to check midyear to see if any changes
need to be made.
4) BPI reported to Peg that there were no forfeitures for this year.
5) A discussion was held regarding finances. $25,000.00 additional funds will be invested
toward the purchase of a new squad.
6) There were 31 members who qualified for the service award program. We will receive
an official letter from the Fire & Rescue Department stating their commitment for this
year.
Motion by Mark, second by Heath to adjourned at 11:50 am.
Peggy Frahm
Recording Secretary