2013-12-10BLAIR FIRE & RESCUE VOLUNTEERS' SERVICE AWARD PROGRAM
COMMITTEE MEETING
12/10/2013 11:30 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, Peggy Frahm, Rod Storm, Mark Hodson
1) Minutes from previous meeting were presented. Motion by Carl, second by Mark to
approve and placed on file. All present voted aye.
2) Kirk Hutton was present and gave a report on fund performance. He suggested no
additional investment to bonds due to the risk and also no change in the current
investments. Kirk also suggested that all new funds be invested in American Mutual
and Capital World Growth. Carl and Kirk will meet for a mid -year review.
3) Carl asked Peg to contact BPI as several firemen are not receiving their monthly
statements.
4) The Treasurers report was reviewed and showed a balance at 9/30/13 of $69,484.33.
5) Peg reported that the forfeitures for this year total $19,214.44. Motion by Rod, second
by Carl to approve the forfeiture list. All present voted aye.
6) The committee reviewed the list of members who qualify for the service award
program. Motion by Rod, second by Mark to except the list as presented as we had
received no formal appeals. All present voted aye.
7) Rod reported that the maximum investment this year would be $78,000. If forfeitures
are used, $58,786 would be expended from the bank account. The Fire/Rescue
Department will notify us in January.
Motion by Rod, second by Mark to adjourned at 12:10 pm.
Peggy Frahm
Recording Secretary