PENSION COMMITTEE
REGULAR MEETING
THURSDAY, JULY 26, 2018
TOWN HALL 9 AM
CALL TO ORDER
APPROVAL OF MINUTES OF THE REGULAR MEETING OF JANUARY 25, 2018 AND THE SPECIAL MEETING OF APRIL 25, 2018
REPORT FROM CFO MIKE MARINACCIO
TOWN CONTRIBUTIONS FOR FISCAL 2018 AND FISCAL 2019
PRESENT CASH POSITIONS IN TOWN ACCOUNTS
INVESTMENT REVIEW AND DECISIONS FOR THE TOWN FUND:
CD’s: VALUE, MATURITY DATE, AND RETURN OF CD’S IN PORTFOLIO
150,000 9/5/2018 Bank of India 1.85%
95,000 9/20/2018 Bank of China 1.95%
247,000 7/18/2018 Merchant’s Bank 1.70%
(Redeemed; cash in account)
REVIEW: TOM FORMA AND KEVIN NICHOLS
INVESTMENT DECISIONS
CASH FROM MERCHANT’S BANK CD
OTHER
INVESTMENT REVIEW AND DECISIONS FOR THE VOLUNTEER FIRE FUND:
NEW BUSINESS
ADJOURNMENT:

TOWN OF SOMERS

BOARD OF SELECTMEN

REGULAR MEETING AGENDA

Thursday, July 26, 2018

Immediately following Public Hearing

Lower Level Conference Room

• Call to Order

•  Pledge of Allegiance

• Members Present 

• Opportunity to Add Agenda Items 

• Transfer Station Discussion

• Comments and Discussion Regarding the SRO (School Resource Officer) MOU (Memorandum of Understanding)

• Authorization of Scheduled Payments

• Adjournment  

Board of Selectmen Public Hearing on proposed Charter recommendations