OPEB Trust Board Special Meeting Minutes
Monday, 7/26/2021
8:53PM Zoom
Filed subject to approval.
Present:
Jenifer Wyss, Chair
Dr. Kimberly Yonkers, Vice Chair
Ward Mazzucco
Jamie Barickman
Rob Dean
Ed Miller (Absent)
Also Present:
Steve Gniadek, Finance Director
Wes Higgins, Treasurer
Members of the Public
Chair Wyss called the meeting to order at 8:53PM.
1. To Approve the Minutes of the Meetings on Monday, 4/12/2021 and Monday, 5/24/2021.
MOTION:
Vice Chair Yonkers made a motion to approve the minutes of the OPEB Trust Board meetings held on Monday, 4/12/2021 and Monday, 5/24/2021. Mr. Mazzucco seconded the motion. The vote was unanimous, and the motion carried.
2. Public Comment
Chair Wyss opened the floor to Public Comment.
There was no Public Comment.
3. Investment Performance
Discussion followed concerning the Charles Schwab statement.
MOTION:
Mr. Mazzucco made a motion to accept the Charles Schwab Account Statement. Vice Chair Yonkers seconded the motion. The vote was unanimous, and the motion carried.
4. Report on Progress from Long-Term Planning Subgroup
Discussion followed concerning ideas for long-term investing and the target percentage for funding the OPEB liability.
5. Other Business
There was no other business.
6. Public Comment
Chair Wyss opened the floor to Public Comment.
There was no Public Comment.
MOTION:
Vice Chair Yonkers made a motion to adjourn. Chair Wyss seconded the motion. The vote was unanimous, and the motion carried.
The meeting was adjourned at 9:13PM.
Submitted by,
Zachary Smith