HomeMy WebLinkAboutRetirement Committee - Minutes - 07/21/197177
U
July 21, 1971
MINUTES OF THE EMPLOYEE RETIREMENT COMMITTEE HELD ON JULY 21, 1971.
Present: Mayor Karl E. Carson, Alvin Kruchten, Basil Sakas, Warren
Dalke and Charlie D. Cain.
Absent: None.
Motion was made by Mr. Kruchten, seconded by Mr. Dalke nominating
Mayor Carson as Chairman of the Retirement Committee. Motion was
carried by four Aye votes, Mr. Sakas abstaining.
A report made by Mr. Sakas stated he had received a letter from
Boettcher and Company suggesting that his serving on the Committee
might be considered as a conflict of interest and they would need to
investigate this possibility further.
A cash flow report was presented.
Requests for retirement were presented for the following employees:
Bruce Bunzel
James IV. Howerton
Conrad J. Kissler
William Spight
Motion was made by Mr. Dalke, seconded by Mr. Kruchten that these requests
be approved. Motion was carried by four Aye votes, Mr. Sakas abstaining.
Mr. Dalke was instructed to discuss with the employee group a
payroll bond purchase arrangement and ascertain if there was any interest
at this time.
There being no further business the meeting was adjourned.
40 Charlie D. Cain, Director of Finance