police5-10-05 APPROVED BY THE
e®AMITTEE/BOARD
ON: 1/-141'05_
Yorkville Police Dept. Pension Board
804 Game Farm Rd.
Yorkville,Illinois
60560
President: Larry Debord Vice President: Todd Overmyer
Treasurer: William Powell Secretary: Officer Dan Pleckham
Asst. Secretary: Chief Harold Martin
Minutea Meeting 05/10/05 called to order at 1543. Qorum is established.
Roll Call,Larry Debord.Harold Martin. Dan Pleckham present.Todd Overmyer late arrival.
Guest&Treasurer Bill Powell. Atty. Cary Collins absent. Merrill Lynch Brad Kitchener
Previous Meeting Minutes:
L Were read and approved. Motion.L.D.2,d H.M
2. Minutes for Jan 3 . were deferred.
Communications:
Monthly statements from Merrill Lynch(Mar. Apr. 05)copies handed out to board members.
Treasurers Report:
Treasurers report through the month of April 05 was read and copies given to board members
Merrill Lynch ready assets fund.
LTotal balance in fund... as of 04/30/05 $ 129.794.33 given by Bill
$77.095.70 Cash
$787.465 fixed Gvt. bonds
$148.570 fixed e/d's
$103.888 Mutual funds
2.Checkin8 balance as of 04/30/05$4.494.68 Old Second Bank read by Bill
Motion to accept Treasurers report UX 2d by L.D. approved
Bills for payment:
Bill Powell Accounting fees $140.00 motion H.M.2"d L.D. approved
Additional Business:
The budget for fiscal year 2005-2006 was presented along with the annual treasurers report Motion L.D.
2"d KM approved
New Business:
L Investments Brad Kitchener made recommendations regarding bonds that were maturing and
where to re-invest for the coming years of 2007.08.09.10.
Motion for approval L.D.2nd KM. approved
Next meeting 07/12/05 1530hra
Secretary Dan Pleckham
I