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05-08-2002 stir -.vow Edgewater General Employees Pension Board Regular Meeting Wednesday May 8, 2002 10:00 a.m. Minutes CALL TO ORDER: Chairman Harriet Rhodes called the General Pension Board Regular Meeting to order on Wednesday, May 8, 2002 at 10:00 a.m. in the City Hall Conference Room. ROLL CALL: Members present were: Chairman Harriet Rhodes, Eric Bosse', Jack Corder, Kathy Cornelius and Lisa Miller. Tyna Hilton and Mike Tenney were absent. Also present was Jack Ascherl, Consulting Agent of Record, Debby Sigler, Personnel Director and Donna Looney, Recording Secretary. APPROVAL OF MINUTES: Eric Bosse' moved to approve the May 9, 2001 minutes. Seconded by Kathy Cornelius. Motion CARRIED 5 -0. OLD BUSINESS: None at this time NEW BUSINESS: Mr. Ascherl reviewed the fund statement report of October 1, 2001 through March 31, 2002 by going over each investment account along with the expense statement for the same period. • Mr. Ascherl passed out and reviewed the Actuarial Valuation Report for the plan year October 1, 2002 through September 30, 2002. MISCELLANEOUS: None at this time ADJOURNMENT: With no further business Ms. Rhodes asked for a motion to adjourn, Kathy Cornelius made the motion to adjourn. Meeting adjourned 10:55 a.m. Minutes submitted by: Personnel Department