HomeMy WebLinkAboutCity Council Committees - Fireman's Relief and Pension Board - 11/29/1971 ai
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FIREMEN'S RELIEF & PENSION BOARD MEETING
November 29 , 1971
The Firemen ' s Pension Board Meeting was called to order at
srr 11 .00 a.m. by Chairman Mayor Hogan. Board members present:
#j Captain Bridge, Lieutenant Berg Councilman Lee and City Clerk
Jensen. Also present: Fire Chief Foster and Police Chief McQuery
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The City Clerk noted that the Treasurer had reported the balance
of the Firemen ' s Relief & Pension Funds as of November 18th was
as follows :
a - I. Cash 2, 132.06
Notes Receivable 48 , 247 . 39
Investments 186, 894.49
TOTAL $237 273 .94
The Treasurer noted that $25 , 000 worth of treasury bills should now
be reinvested and suggested "Passbook Savings Account" as the best
interest rate (5%) at this time. It was noted that cash would be
readily available if needed under this plan. Lee asked if two year
investments were now available at 6%. Lee moved for the Treasurer
to be authorized to reinvest the $25 , 000 at the best market available ,
after checking his suggestion. Jensen seconded , motion carried .
The meeting was recessed to attend a demonstration of "Scientific
c's Physical Fitness Assessment and Evaluation" sponsored by the YMCA
and presented by Mike Bryant and Jerry Harden. Doctor Robert Shapard
of Auburn was also present. Lieutenant Berg volunteered to take the
test performing measured amounts of exercise on a bicycle ergometer.
The value of the results of the tests and the costs of same were
explained by Mr. Harden. The charge was determined to be $15 for
each complete test given . The meeting was then reconvened at 11 :45 a.m.,
Bridge moved to have the tests made for the firemen, to be paid for
from Firemen ' s Relief and Pension Funds , Berg seconded . Lee noted
that a definite plan should be followed to make the tests and the
results meaningful . He suggested that consideration could also be
given to buying the equipment at some future time and having a
trained person to operate it. Lee moved to amend the motion to approve
,` the tests on the condition that a proper exercise program be established '.
s<< ' for those who were determined to need it, and for it to be made
mandatory. It was pointed out that the board has the power to make
the program mandatory. Jensen seconded the amendment. Mayor Hogan
noted that she had personal knowledge of this program and explained
that the exercise portion is different for each individual . Amend-
ment carried, original motion carried . The Police Chief expressed
interest in having such tests for the Police Officers and it was
i . generally agreed that all employees would benefit from such a test.
There being no further business to come before the Board, the meeting
was adjourned at 12 :10 p.m.
' Respectfully submitted
Al
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Marie Jensen
Secretary of the Board