HomeMy WebLinkAboutInternet Committee Minutes 09.26.1983` M IN U T E S
INVESTMENT -COMMITTEE
DATE September 26, _1983 TIME 4:30j).m
PLACE OF MEETING City Hall
A. Members present: Chairman_ Peg Kamerzel forgot to call Bob Gauthier)
Don Hackmann , Wayne Lovgren Albert Ehrligk
B. Other's present:
A quorum (3 or more) present the following action was taken by
the committee:
l. After discussion the Treasurer asked that the Committee
examine the securities pledged, quarterly.
2. Discussed ratible distribution; Wayne Lovgren was satisfied
with how Treasurer is handling it.'
3. After discussion it was felt that we are still doing well
to invest for 30-day periods, as to long term.
4. Committee was informed that at present time we are getting
6-3/4% on Money Market (checking).
5. Committee wad informed that when sewer bond money arrives
it will be put out-for bid immediately.
Meeting adjourned at 5:30 p.m.
Bespectfally submitted,
Peg Kamerzel, Chairman