MINUTES OF THE BOARD OF TRUSTEES
May 8, 2008
CALL TO ORDER
Vice President Robert Steinbacher called the meeting of the Board of Trustees of the Los Angeles Firemen’s Relief Association to order at 10:50 a.m.
ROLL CALL
MEMBERS PRESENT:
- David Marino, President (Excused -arrived late)
- Robert Steinbacher, Vice President
- Trustee James Coburn – Battalion 1
- Trustee Juan Albarran, Battalion 3
- Trustee Mark Akahoshi, Battalion 5
- Trustee Tim Larson – Battalion 6
- Trustee Gene Bednarchik – Battalion 7
- Trustee Doak Smith – Battalion 9
- Trustee David Peters – Battalion 10
- Trustee Chris Stine – Battalion 11
- Trustee Michael Overholser – Battalion 14
- Trustee Glen Prine – Battalion 15
- Trustee Francisco Hernandez – Battalion 17
- Trustee David Ortiz – Headquarters 1
- Trustee Warren Braun – Pension 1
- Trustee Tom Stires – Pension 2
- Trustee Robert Henderson – Pension 3
- Executive Director – David Ned Smith
- Controller – Todd Layfer
MEMBERS ABSENT:
- Trustee William Dunn – Battalion 12 (Excused)
- Trustee Chris Hart – Battalion 4 (Excused)
- Trustee Gary Matsubara – Battalion 2 (Excused)
- Trustee John Jacobsen – Battalion 13 (Excused)
- Trustee Dennis Mendenhall – Battalion 18 (Excused)
- Trustee Kurt Stabel – Headquarters 2 (Excused)
- Andrew Kuljis, Secretary-Treasurer (Excused)
GUEST PRESENT:
- Felix Lin, Beacon Pointe Advisors
- Mike Harrison, Mayer, Hoffman & McCann
- Stephen Parker, Mayer, Hoffman & McCann
INVOCATION
Trustee Warren Braun led the invocation.
PRESIDENT’S REPORT
1) Vice President Robert Steinbacher entertained a motion to approve and dispense with the reading of the minutes from the Meeting of the Board of Trustees held on April 10, 2008. Trustee Gene Bednarchik so moved. Trustee David Ortiz seconded the motion. There were no discussions or objections.
Motion carried to approve and dispense with the reading of the Minutes of the Board of Trustees meeting held April 10, 2008.
2) Robert Steinbacher mentioned the Grass Valley event and indicated there will be four other Trustees out of the area that same week attending the Medco conference. He mentioned that he would be in the LAFRA office for coverage.
(President David Marino arrived at Board meeting)
3) David Marino mentioned the Scholarship Program and indicated that there was discussion about the four individuals that did not qualify to take the exam. He indicated that he had spoken with Marlene Casillas, Marketing Director, regarding the individuals and it was stated that there were several different reasons as to why they did not qualify such as incomplete packages, no transcripts and posted dates after the deadline. He also mentioned that he may eliminate the Scholarship Committee and have Marlene run the Scholarship Program in order to maintain anonymity of the applicants per policy and guidelines.
INVESTMENT COMMITTEE
Felix Lin of Beacon Pointe Advisors addressed the Board on the 1st Quarter investments from 2008. He also provided an update report as of May 5, 2008.
He referred to page four of the portfolio handout and reviewed Market Index Returns as well as the S & P 500 Sector performance. He reviewed the Executive Summary and mentioned that the portfolio has done fairly well in the first quarter. He referred to the Asset Allocation and indicated the assets were in-line with the allocation and stated that as of March 31, 2008 the market value was $71,348,676.
Preliminary Q1 Performance and Commentary – Prepared by Chairman Kurt Stabel
Investment returns for LAFRA’s total investment portfolio were strong in Q1 2008, returning -2.9% versus our benchmark of -5.3%. Even though this was a loss, it was not nearly as bid a loss as the market averages. Much of this performance can be contributed to many managers being underweighted in financial stocks which have been hit very hard by the recent credit crisis in the sub-prime industry. Among our equity managers Knightsbridge showed a substantial improvement over last quarter’s performance, Cohen & Steers and Stralem & Co. continue to substantially outperform their respective benchmarks in the recent equity market downturn. On the fixed income side, Pimco continues to benefit from being properly positioned to benefit from the Fed’s simulative interest rate policy.
The first quarter of 2008 was colored by a very difficult environment for equity investors with failures of financial firms and a massive liquidity crisis. Concurrently in an effort to calm financial markets, the Fed drastically reduced short term interest rates and pumped massive amounts of cash into the financial markets through opening the “discount window”. These efforts have helped ease a liquidity crisis in the financial markets as financial institutions have been able to raise capital to help rebuilt their balance sheets. This has been viewed positively among market participants and probably helped avert a potential run on many banks and has been seen by many as a signal that the worst may be behind us. However, housing markets are expected to remain soft for many coming quarters, at minimum, as problems such as rising foreclosure rates and extremely high inventories will continue to depress housing prices. This may, impact consumer spending and become a drag on the domestic economy. The next couple of quarters will be critical to determining the length and severity of the current slowdown that we are experiencing in the U.S. economy.
David Smith mentioned that we have about $8 million in the bank earning 2.5% at a money market rate and stated that Chairman Kurt Stabel has been working with Garth Flint on moving some of the investments into alternative investments such as real estate, trusts, commodities and hedge funds. He indicated that the Investment Committee will come to the Board with a recommendation on a new proposed investment allocation. He also mentioned that Garth Flint is recommending that the money be moved out of the money market account over a nine-month period because of volatility in the market.
AUDIT COMMITTEE REPORT
Audit Committee Chairman Doak Smith mentioned that on April 29th, the audit committee had met with Michael Harrison and Stephen Parker of Mayer, Hoffman & McCann. He indicated that they had reviewed the findings of their 2007 draft audit. He mentioned that they had expanded entries to separately show gifts to the Relief Association from bequeaths as requested by the committee.
Michael Harrison referred to the financial statements for 2007. He stated that there was an increase in net assets of $9,367,193 which included a $4 million book value gain from the sale of the building. He stated that the total revenue, support and gains for 2007 was at $59,961,203 which was an increase from 2006 which was $55,621,441. This was caused by slight increases in membership dues received and premiums paid by City subsidies.
Michael Harrison referred to the actuarial computation of claims incurred but not reported and indicated it is reflected as $10.3 million for 2007 and was at $9.1 million in 2006. He noted the fact that there was a misunderstanding with duplication in claims information reported in 2006 however, he felt that the restated numbers referred to IBNR (Incurred But Not Reported) explained the restatement of 2006 financial statements.
Michael Harrison referred to the Management Letter and stated that it included comments and recommendations for improvements. He stated, “In our opinion, the financial statements referred to present fairly, in all material respects, the financial position of LAFRA as of December 31, 2007 and 2006, and the change in its net assets, functional expenses and cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America.
Vice President Robert Steinbacher entertained a motion to accept the 2007 auditor’s report. Trustee Warren Braun so moved. Trustee David Ortiz seconded the motion. There was no discussion or objections.
Motion carried to accept the 2007 auditor’s report from Mayer, Hoffman & McCann P.C.
ADMINISTRATIVE COMMITTEE REPORT
Chairman David Peters presented the following motions.
The committee recommends and I so move to pay the usual and customary bills in the amount of $1,434,535.76. There was no discussion or objections.
Motion carried to pay the usual and customary bills in the amount of $1,434,535.76.
The committee recommends and I so move to pay the professional fees in the amount of $84,535. There was no discussion or objections.
Motion carried to pay the professional fees in the amount of $84,535.
Todd Layfer reviewed the 2008 1st Quarter Financial Report with the Board. He stated that the total revenue from operations was $13,134,337 and the net income for the quarter was $1,059,684. He mentioned that they had an investment loss due to the lower rates in the money market account. He stated that the total contributions and bequests for the WODFF was $193,352 and total sales for Dalmatians were $99,297 for the 1st quarter.
The committee recommends and I so move that the Open House date be set for November 6, 2008. There was no discussion or objections.
Motion carried to set the Open House date for November 6, 2008.
The committee recommends and I so move to approve utilizing college interns in the Marketing & Development Department. There was no discussion or objections.
Motion carried to approve utilizing college interns in the Marketing & Development Department.
The committee recommends and I so move to approve the Trustee – Staff & Vendor Contact Policy with one revision. Chairman Peters mentioned that the word “requested” would be changed to “required” in section B. Trustee Juan Albarran asked what the purpose was for the policy. David Marino stated that the policy was to direct Trustees to make their requests through the Executive Director. He mentioned that there were Trustees making requests to employees that were out of their routine tasks. David Smith stated that the policy was for significant projects. Trustee James Coburn suggested changing the wording for the requirements. Chairman Peters stated they will change the sentence in section B to state “required to make significant non-routine requests for information or other use of employee or vendor time to the Executive Director.” There was no further discussion or objections.
Motion carried to approve the Trustee – Staff & Vendor Contact Policy with the stated changes.
The committee recommends and I so move to approve the Whistleblower policy for LAFRA employees. He mentioned that the policy has been reviewed and approved by the attorney and is one of a recommendations from the Auditors. There was no further discussion or objections.
Motion carried to approve the Whistleblower policy for LAFRA employees.
The committee recommends and I so move to increase the Grapevine rate from $24 to $36 annually for active members effective January 1, 2009. He mentioned that the retired members’ rate will remain the same at $18. There was no discussion or objections.
Motion carried to increase the Grapevine rate from $24 to $36 annually for active members effective January 1, 2009. NOTE: After the Board meeting, it was realized that this motion was out of order because this is contained in the by-laws.
The committee recommends and I so move to approve the hiring of an Accounting Manager at the discussed salary and education requirements. There was no discussion or objections.
Motion carried to approve the hiring of an Accounting Manager at the discussed salary and education requirements.
The committee recommends and I so move to approve the Allocation Table for Indirect and Administrative and General (A & G) costs as presented. Todd Layfer indicated that they currently exclude the seven PHI staff members who process claims in the full time equivalent employee number used for allocation of these costs. He stated that the new proposal recognizes their impact on cost of operating LAFRA. He also stated that the residual A & G balance allocation will be split 50/50 between Relief and Medical departments and to be excluded from Life & Accident cost allocation. The impact of these changes is to increase the cost allocations to Medical and decrease them to the other departments of Relief, Widow Orphans and Disabled Firemen and Life and Accident. There was no further discussion or objections.
Motion carried to approve the Allocation Table for Indirect and A & G costs as presented.
EXECUTIVE DIRECTOR REPORT
David Smith mentioned the Marketing and Development update and stated that the Ben & Jerry fundraiser brought in just under $1,600 and mentioned that they had received a donation of $500 from a movie company to use Wilshire the Fire Dog. He also mentioned that ABC 7 will be broadcasting live from the Hope for Fighters Event.
David Smith stated that in the past, each Fire Station was given cash to purchase food and supplies for their booths at the Hope event. He stated that this year, there would be a change in giving the Fire Stations two (2) $500 American Express gift cards and they would be asked to return the cards with unused cash and receipts for expenditures. He mentioned that this would enable LAFRA to have more control of cash flow.
MEDICAL COMMITTEE REPORT
Chairman Michael Overholser presented the following motion.
The committee recommends and I so move to accept the Applications to the Medical Plan. There was no discussion or objections.
Motion carried to accept the Applications to the Medical Plan.
ACTIVE
MEMBER APPLICANTS COMING ON PLAN EFFECTIVE DATE
- Arnado, Anthony Rey Arnado, Versaille (Dtr.) 11/7/07
- Beaty, Christian Beaty, Vivian (Spouse) 7/1/08
- Brooks, Bryan Ray Brooks, Jack Ryan (Son) 3/11/08
- Corcoran, Kelly Ryan Harrison, Lindsay Brianne (Spouse) 6/1/08
- De La Torre, Alejandro L. De La Torre, Maximilian (Son) 3/21/08
- Eaggleston, Ricahrd Bruce Eaggleston, Sophie Belle (Dtr.) 4/17/08
- Hagopian, Ara A. Hagopian, Ara Alexander (Son) 1/15/08
- Havron, Wayne Ogawa, Sidette (Dom. Partner) 3/26/08
- Johnson, Eric Van Tos, Rosanna (Spouse) 7/1/08
- Johnson, James L. Johnson, Elissa (Spouse) 5/1/08
- Johnson, Andrew (Son) 5/1/08
- Johnson, Allison (Dtr.) 5/1/08
- Laier, Darin Thomas Laier, Keleigh (Spouse) 4/11/08
- Martinez, Arturo Angel Martinez, Cynthia (Spouse) 5/1/08
- McDaniel, Cory Michael McDaniel, Paige (Spouse) 4/1/08
- Miller, Brian David Tenpas, Nicole Ann (Dom. Partner) 7/1/08
- Ramirez, Timothy F. Klusmeier, Alicia Mari (Dom. Partner) 4/1/08
- Robles, Jeffrey Alan Robles, Cruz Collin (Son) 4/1/08
- Veliz, Jose E. Veliz, Janis L. (Spouse) 5/1/08
Chairman Overholser mentioned that the CenBen/PHI company is now called HealthScope. He also mentioned that they will begin a program called Care Connect on May 15th to help members incurring claims of over $25,000 to better understand billing and benefits received.
The committee recommends and I so move to approve allowing internal LAFRA staff onto the LAFRA PPO Medical plan and approve the Plan Amendment #3 which would allow this change. He mentioned that the issue had been referred to the association’s attorney for review. Mr. Ridley’s memorandum regarding the issue stated that LAFRA would be able to offer the PPO Medical plan to its employees. Trustee Warren Braun referred to the By-laws and indicated that it states that only Rookies of the Drill Tower and widows would be able to be considered an Associate member of LAFRA for the purpose of enrolling into the Medical Plan. David Smith stated that according to Ridley, the Board could make an amendment to the Medical Plan by vote of the Board to be included in the plan and this was not restricted in the by-laws.
Trustee Juan Albarran questioned the difference in rates for members of the Relief and staff members of LAFRA. David Smith indicated that LAFRA employees do not receive a pension from LAFRA and offers Kaiser insurance only. The rates proposed for employees result in the cost to LAFRA being the same cost if the employee were to enroll in the currently available Kaiser HMO plan. Dave Smith stated that the current situation of only offering potential new hires the Kaiser HMO plan has been a recruiting problem because some individuals do not want Kaiser HMO insurance. He also mentioned that it was recommended by Bradawn to offer the PPO Medical plan to employees. Trustee Colburn asked if this change would open the door to others who would like to be in the Medical plan. Smith responded that as stated in the written legal opinion we can only offer the plan to a de minimis number of people outside LAFRA membership without triggering the multi-employer medical plan regulations,
There was discussion to table the motion until Board members who have not been involved in the Medical Committee discussions of the last several weeks more time to consider the proposal.
Board agreed to table the issue until next Board meeting on June 4th.
Chairman Overholser mentioned the new Superien Network as been approved by the Medical Committee to provide medical service for our members’ in the states of Oregon and Hawaii. He indicated that this network would be able to provide significant better medical coverage compared to the Beech Street Network in those two states.
RELIEF COMMITTEE REPORT
Chairman James Coburn presented the following motions.
The committee recommends and I so move to pay the Sick and Injury benefits for active and retired members in the amount of $20,470.50. There was no discussion or objections.
Motion carried to pay the Sick and Injury benefits in the amount of $20,470.50.
The committee recommends and I so move to pay the Estate Planning benefits in the amount of $3,000. There was no discussion or objections.
Motion carried to pay the Estate Planning benefits in the amount of $3,000.
The committee recommends and I so move to pay the Relief Death benefits in the amount of $31,500. There was no discussion or objections.
Motion carried to pay the Relief Death benefits in the amount of $31,500.
The committee recommends and I so move to pay the Life & Accident benefits in the amount of $36,000. There was no discussion or objections.
Motion carried to pay the Life & Accident benefits in the amount of $36,000.
The committee recommends and I so move to pay the Life & Accident withdrawals in the amount of $2,691. There was no discussion or objections.
Motion carried to pay the Life & Accident withdrawals in the amount of $2,691.
MEMORIALS
ERNEST W. CASTILLO
HOWARD R. JONES
ROBERT A. SPHAR
SAMUEL J. LOSTUTTER
ANTHONY V. MCKASKLE
ROBERT E. RADKE
DAVID A. LEWIS
ASSISTANCE COMMITTEE
Chairman James Coburn presented the following motions.
The committee recommends and I so move to accept the donations in the amount of $24,107.98 to the Widows, Orphans & Disabled Firemen’s Fund. There was no discussion or objections.
Motion carried to accept the donations in the amount of $24,107.98 to the Widows, Orphans & Disabled Firemen’s Fund.
Donations to Widows, Orphans & Disabled Firemen’s Fund
- ROSE HILLS COMPANY in gratitude for the funeral and arrangements for Brent A. Lovrien
- JEFF ISENBERG video equipment at the funeral services for Brent Lovrien
- BARRY SEARS in gratitude for the vault door from 2900 Temple a piece of LAFRA history
- JIMMY SPARKS in memory of Brent Lovrien
- VENTURA COUNTY FIREMENS CHARITY in memory of Firefighter Brent A. Lovrien
- BRIAN E. STIRES on behalf of the Stires Family
- STEVE BERKERY from the 2008 Dad’s & Kids Camping Trip
- LOS ANGELES POLICE COMMAND in memory of Brent Lovrien
- OLIVIA F. HOSPE in memory of my husband Louis Hospe
- LORRAINE B. SHEPPARD in memory of Natalie Hancock widow of Jimmy Hancock and Dorothy Kahler Smith mother of Gary Kahler m
- ROSE KEMPER in appreciation for Anthony “Tony” Guzman
- ROSE KEMPER in memory of Brent Lovrien
- CADET PORTER The Fire Service’s Heritage, is the strongest there is, and we, Battalion 29 are proud to support it
- CHULA VISTA FIRE FIGHTERS in support of Brent Lovrien
- WOODLAND HILLS WOMEN’S CLUB
- HIROYUKI TAGA in memory of Brent Lovrien
- Tim Tietjen in memory of Brother Brent Lovrien
- ELLIOT KAYE in gratitude for the firefighters and paramedics assistance during a health emergency in August 2007
- JEFF A. SILVER in gratitude for the firefighters work
- JOSEPH VERRILL in memory of Firefighter Brent Lovrien
- KURT CORRAL in memory of Brent Lovrien
- HERBIE SIROTA on behalf of Firefighter Brent A. Lovrien
- VERMONT CHRISTIAN SCHOOL
- MARIA RIGGS as a token of my respect and admiration for your organization
- DAVID G. BAYLESS in memory of my dear wife Betty Bayless we were married over 65 years she will be really missed
- GORDON JENSEN in memory of Dorothy M. Holloway wife of Curtis F. Holloway, mother of Sparkie Holloway OCD “A” Plat
- CBCC OF REDDING INC in memory of Dottie Holloway
- JOHN H. HEILMAN in memory of Ray Farrell
- ANN D. SHABTAY in gratitude for all firemen especially the men of Fire Stations 60, 28, 86 and 102 for all their ef
- JERRY KLEIN in memory of Brent Lovrien
- MIKE DENNIS in memory of Brent Lovrien
- HARRIET C. FEATHER in honor of all Firefighters Past and Present
- GAIL GIBSON KELLY in memory of Brent Lovrien
- JOSEPH A. TEIJEIRA in memory of Brent Lovrien
- JOSEPH A. TEIJEIRA in honor of Tony Guzman
- JULIET BOBAK In gratitude on behalf of Brent A. Lovrien from a very thankful Westchester family. Thank you for g
- DENNIS MENDENHALL in memory of Tom Dowling
- DENNIS MENDENHALL in memory of Brent Lovrien
- MARYANN Z. MC CLAUREY
- NEDRA M. SOOS in memory of a beautiful lady Dottie Holloway
- BOBBY MCCLELLAN &. JANE BRAC in memory of Sam Chernow
- JOHN L. PECEL in memory of Tom Dowling
- ARIF ALIKHAN
- LINDA GARDNER in memory of Nellie Dillon mother of Deni Garrett
- SUSAN PETERSON
- KIKU WILLIAMS in gratitude for the Firefighters of Fire Station #95
- FIRE STATION #14 from our Fire Extinguisher Fund
- MARIE D. SHAFER
- JACK T. SPERNOW in memory of Edith Cramer who passed away March 13, 2008
- MICHAEL CANTRILL in memory of Brent A. Lovrien we live in Westchester and are grateful for his bravery while we mourn
- BRENT BLACKMAN in memory of Firefighter Brent A. Lovrien
- WANDA B. HODGE in memory of Brent Lovrien
- RAE L. FLYNN in memory of Brent Lovrien
- HOWARD R. DUNFORD in memory of Dick Coleman a friend of over sixty years
- K. REGINA MCHALE in memory of Tom Dowling
- JACK A. BENNETT in memory of a special Firefighter – Benjamin Ruckel
- WILLIAM R. MILLER in memory of Dorothy Holloway
- FREDERICK D. CRAMER in memory of Edith Cramer
- S. HALE SMITH in memory of Mrs. Dorothy Holloway
- NATALIE BARTON in memory of Brent Lovrien
- ELLEN FAUSTINE-BARNETT in memory of Brent A. Lovrien
- MAPLE L. PATTON in memory of Brent Lovrien
- VERNA V. IONATA in memory of my long time friend Betty Andrew
- JOHN W. RICHARDSON in memory of Brent Lovrien
- JOHN McKINNEY in memory of Betty Bayless
- CATHERINE M. NAEGLE in memory of two dear friends Marge Moehlman and Edith Cramer. Marge taught my daughter all about h
- FRANK F. TENERELLI in memory of Robert E. Radke
- HEATHER RYAN in memory of Firefighter Brent A. Lovrien
- MARY ADAMS in memory of Brent Lovrien
- DENNIS HERNANDEZ on behalf of Brent Lovrien
- EDGAR SAENZ in memory of Brent Lovrien
- DENNY SCHNEIDER in memory of Brent Lovrien
- CYNTHIA HENCH in memory of Firefighter Brent A. Lovrien
- NOEL MOLLOY on behalf of Brent Lovrien
- CAROL KNEE in memory of Brent Lovrien
- KRISTEN WONG in memory of Brent A. Lovrien
- GEORGE H. EVINGER in memory of Edith Sammartano
- ALLEN D. LOWENSTEIN in memory Brent Lovrien
- KENNETH M. BROWN in memory of Dorothy Holloway
- JEANNIE JENNISON-TIERNEY in memory of Dorothy Holloway
- RAQUEL BRACCO in memory of Ernie (Ernest) Castillo a wonderful friend and neighbor he will be missed!!
- ANTHONY GRADY of one Rehabilitation Bench with weights and one adult front wheeled walker
- GERALD JONES
- STEPHEN COOKE
- ROBERT RIDLEY
The committee recommends and I so move to assist a member with $600 per month with a six month review plus a one-time $9,000 to pay bills. There was no discussion or objections.
Motion carried to assist a member with $600 per month with a six month review plus a one-time $9,000 to pay bills.
The committee recommends and I so move to assist a member with medical premiums with a six month review. There was no discussion or objections.
Motion carried to assist a member with medical premiums with a six month review.
The committee recommends and I so move to assist a member with therapy for his dependent with a six month review. There was no discussion or objections.
Motion carried to assist a member with therapy for his dependent with a six month review.
EMERGENCY ADVANCEMENTS
Chairman James Coburn presented the following motions.
The committee recommends and I so move to advance a member with $4,262 for a loan modification. There was no discussion or objections.
Motion carried to advance a member with $4,262 for a loan modification.
The committee recommends and I so move to advance a member $2,000 for bills. There was no discussion or objections.
Motion carried to advance a member $2,000 for bills.
The committee recommends and I so move to advance a member $2,000 for bills. There was no discussion or objections.
Motion carried to advance a member $2,000 for bills.
The committee recommends and I so move to advance a member $26,019.09 on rehab program for his dependent. There was no discussion or objections.
Motion carried to advance a member $26,019.09 on rehab program for his dependent.
BY-LAWS COMMITTEE REPORT
Chairman Warren Braun asked Trustees to review the by-laws for potential changes. He also mentioned that the by-law changes or modifications needed to be submitted by the next Board meeting for review.
SPECIAL EVENTS
Chairman David Ortiz referred to the financial statements under the contributions for last year and stated that the figures may have quadrupled from 2006 to 2007. He also mentioned that there weren’t many Fire stations signed up for the Hope for Firefighters event. He asked for some direction on how to assist Marlene in getting participation from firefighters and stations. Subsequent to the meeting the event has been fully subscribed.
SETTING DATES
1) Historical Society Pancake Breakfast – May 10th
2) Grass Valley Reunion – May 12th – 18th 2008
3) Firefighters for Quest Fishing Tournament – June 2nd & 3rd
4) Hope for Firefighters – June 5th
5) Fire Hogs Run – June 7th
6) LAFD Invitational Golf Tournament – July 28th
7) Open House – November 6th
8) Chili Cook Off – November 22, 2008 (7:00a.m. – 2:00p.m.)
9) Holiday Hoorah – December 13th Biltmore Hotel
RETIREMENT DINNERS
1) Howard Kaplan – June 9th Knollwood Country Club
2) Wilfred Bisson – June 12th San Antonio Winery (Marino/Kuljis)
3) Bob Haffner & Gary Sauck – June 13, 2008 John Christman’s Home
4) Michael J. Arguelles – June 18th Disabled American Veteran’s Center (Marino)
5) Ted Bailie – June 18th Ports O’Call
6) Steve Montiel – June 21, 2008 TBA (Larson)
7) Larry McAndress – June 25th Ports O’Call (Larson)
8) Robert Kilpatrick – June 27, 2008 Knollwood Country Club (Marino)
9) Mike Proffitt – July 17th Doubletree Hotel (San Pedro) Madeo Room
10) Will Alderson, Mike Gross, James Just, Richard Miller, Edward Strange – October 3rd Odyssey (Smith)
ADJOURNMENT
David Marino entertained a motion to adjourn. Trustee David Peters so moved. Trustee David Ortiz seconded the motion. There was no discussion and no objections.
Motion carried to adjourn in.
The Board of Trustees meeting adjourned at 12:54p.m.
David Marino, President