HomeMy WebLinkAboutInternet Committee Minutes 11.01.1982M I N U T E S
INVESTMENT COMMITTEE
DATE November 1, 1982 TIME 4:30 .m.
PLACE OF MEETING City Hall
A. Members present: Chairman Peg Kamerzel
Albert Ehrlick Don Hackmann Bob Gauthier
B. Other's preser.t: Wayne Lovgren ,
A quorum (3 or more) present the following action was taken by
the committee:
1) Explanation to committee members as to how we invest Laurel's
money.
2) Wayne Lovgren was asked about anything new or a better way
to invest. He said he thinks we are doing well to invest
on a 30-day basis and also inform the committee that we
would get a lesser rate on treasury bills.
3) Bob Gauthier recommended that we stay with the plan we
have and Albert seconded this.-
4) All members felt the rate of return the City is receiving
in interest shows a good investment policy.
Respectfully submitted,
?
Peg Kamer? zel, Chairman
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