1989-01-27 Police Fund Special MeetingMinutes of Police Trustee Meeting
January 27, 1989
Those Present:
Larry Mobley -Chairman, L.C. Fortner, Jr., Steve Nelson and Larry
Coonfare.
The meeting was held at Okeechobee Discount Drugs, because trustee
Steve Nelson was not able to leave his business at that time. After
discussion of the funds to be invested, the following motion was
made.
Motion by Steve Nelson second by Larry Coonfare to invest Police
Pension funds at Naples Federal for six months at 8.90% interest.
The trustees discussed the need for a firm to perform the required
performance evaluation as required by State Law. A request that a
request for proposals be sent out to various firms to request the
qualification for each firm and the fees of each firm to perform
the performance evaluation study.
There being no further business the meeting adjourned.
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