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2007.02.01_FAB_Minutes_RegularFINANCIAL ADVISORY BOARD • REGULAR MEETING MINUTES Thursday, February 1 2007 1.30 P.M. Chairman Alan Teller called the meeting to order at 1:30 P.M. in Commission Chambers. In attendance were Chair Alan Teller, Vice Chair Max Angel, David Stern and Gerald L. Gitner. Also present were Town Manager Dale Sugerman, Finance Director Stan Novak and members of the general public. NEW BUSINESS Election of Officers for 2007: MOTION was made by Mr. Stern/Mr. Teller to reelect Mr. Teller as CHAIRMAN and Mr. Angel as VICE -CHAIR. The Board reviewed the current Financials. Insurance for 2007 Appraised Property Values was discussed with four options available. MOTION was made by MR. STERN/MR. ANGEL to recommend to the Town Commission that option four be selected. Motion carried unanimously. A memo will be transmitted to the Town Commission. • ADJOURNMENT With no further business to come before the Board, MOTION to Adjourn was made by MR. Gitner/Mr. Stern at 3:30 p.m. APPROVAL Alen Teller, Ch. David Stern Open n U Max Angel, V. Ch. Gerald L. Gitner Attest: Date: