2010-07-09BLAIR FIRE & RESCUE VOLUNTEERS' SERVICE AWARD PROGRAM
COMMITTEE MEETING
7/9/10
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, Steve Rounds, Peggy Frahm
Others present: Phil Green, Kirk Hutton, Carl Rennerfeldt, Rodney Therkelsen
1) Minutes from previous meeting were presented approved and placed on file.
2) The account balance at the end of June is $74,792.07.
3) Specs are out for the new squad. The Squad members have looked at 2 or 3 squads so
far. Steve stated that they are looking at private funding possibly OPPD and/or Cargill.
Squads replacement is usually on a rotating 5 years basis. It has been over 6 years since
the squad was replaced since the last one purchased also ran over the 5 year time line.
Carl reported that the bid opening would be in August. There are 2 other units
interested in purchasing our old squad. It is more profitable to sell outright than to
trade it in. Steve reported that they are looking into a Grant project to fund the next
squad replacement in about 5 years. At this time they are looking at using money from
the fund to pay for the equipment needed on the new squad is.
4) The point certification list was review and there are already 15-18 members with the
required 50 points with a projected 13 additional members at the end of the calendar
year.
5) Kirk Hutton was present to discuss the investment portfolio. At this time the value is
down 1.96% for the first 6 month. The portfolio total is $69,614.68. He recommends
continuing to invest exactly as we are now.
6) The committee agreed with Kirk to continuing with the same investment schedule at
this time and review again at the December meeting.
7) Determining funding for the Service Award Program cannot be done today.
8) Carl R stated that he has 3 months of activity to send to EMS Billing. He also stated that
the call volume is up slightly. He is posting the points earned for the members monthly.
Members have been reminded to make sure they get credit for calls.
BLAIR FIRE & RESCUE VOUNTEERS' SERVICE AWARD PROGRAM
MEETING AGENDA
JULY 9, 2010, 12:OOPM
1. Read and approve minutes of previous meeting.
2. Report on Fire and Rescue account balances.
3. Report on budget and equipment requirements.
4. Review Point Certification and list of eligible participants.
S. Report from Edward Jones on investment fund performance.
6. Review investment fund portfolio.
7. Determine funding for Service Award Program.
8. Old Business.
9. New Business.
10. Adjourn.
Next meeting will be Friday, December 3, 2010 at 12:00.
Peggy Frahm
Recording Secretary
July 02, 2010
Blair Fire and Rescue
Service Award Program
Investment Committee
The semi-annual meeting of the Investment Committee for the Blair Fire and Rescue Volunteers' Service
Award Program will be held on July 9, 2010, at the Blair City Offices. The meeting will begin at 12:00
noon and will be conducted in accordance with the Nebraska open meeting statute.
The meeting agenda is attached for your review. Please be prepared to present your portion of the
agenda as it pertains to your area of responsibility. Items desired to be discussed and not on the
published agenda may be brought forward under either the old and new business sections.
Sincerely;
E
Carl Lorenzen, Chairman`