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HomeMy WebLinkAboutCity Council Committees - Fireman's Relief and Pension Board - 07/02/2002 • KENT ws o Firemen' s Relief & Pension Board July 2, 2002 Board Members Present : Jim White, Al Bond, Rico Yingling, Brenda Jacober Others Present : John Hillman Mayor White called the meeting to order at 3 : 35 p.m. Approval of Minutes . Bond moved to accept the minutes of the meetings of March 5 and April 16, 2002 , as presented. Yingling seconded and the motion carried. Approval of January, February, March, April and May Financial Transactions . Hillman distributed copies of the financial transactions for the first five months of the year. Bond moved to accept the financial transactions . Yingling seconded and the motion carried. Operating Policies Revision. Jacober distributed copies of the Operating Policies Section 4 . 1 as proposed, which includes wording reflecting that the Board shall regularly meet on a quarterly basis . Yingling moved that the proposed revision to the Operating Policies of the Firemen ' s Relief and Pension Board be approved. Bond seconded and the motion carried. Board Position No. 1 Election Results . Jacober reported that Sam Grubbs has been unanimously elected to fill Board Position No . 1 for a two year term. Alternate Firefighter Board Position Election. Bond agreed to look into this issue. Other Business - CPI . Jacober distributed copies of a memo from Brigette Hoopes regarding the CPI and noted that the percentage rate is 3 . 12 . Other Business - Fire Contract. It was noted that a special meeting could be called after the contract is settled. Firemens Relief & Pension Board July 2 , 2002 Page Two Distribution of Funds . Jacober noted receipt of a letter from the State of Washington showing that Kent ' s portion of the money received from fire insurance premiums this year is $76, 960 . 18 . A brief discussion was held regarding the origin and purpose of these funds . Adjournment. At 3 :45 p.m. , Yingling moved to adjourn. Bond seconded and the motion carried. r — Brenda Jacober, CMC City Clerk