HomeMy WebLinkAboutCity Council Committees - Fireman's Relief and Pension Board - 04/12/1974 �2 >
�µ
FIREMBNZS PENSION BOARD
' April 12, 1974
r ,
A telephone meeting of the Firements Pension Board
was held today to consider investing Pension Funds in a
note for LID 273. The City Clerk explained that the City
as
would issue a note in lieu of bonds to the Firemenvs Pension
Fund in the amount of $23,448.24, The note would not exceed
12 years duration at 64% interest, It was determined that
the Pension Fund had monies available which were now earning
1
ORNDORFF MOVED to approve the above described action'
Bridge seconded. Motion carried with Mayor Hogan, Councilman
Just and Secretary Jensen concurring.
Respectfully submitted,
Marie Jensen
Secretary
ccc Mayor Hogan
Yl Councilman Just
Bridge
Orndorff
tr r
y
k
� t
W
�i
4