1975.05.16_BTRB_Minutes_Regular MINUTES: BOARD OF TRUSTEES (Retirement Plan) - May 16, 1975
Mayor Gilday, Chairman of the Board of Trustees, called the Special
Meeting to order at 12 ;45 P.M. on May 16 , 1975.
Present were : Mayor Gilday, Chairman; Commissioner
Mumford, Secretary; Commissioner Bauer;
Mrs. Higgins, Treasurer and Patrolman
Cecere.
In addition, The Finance Director, Mr. Anton Drasal was present .
Mayor Gilday stated that the purpose of the meeting was to consider
the acceptance of a resignation received from Mrs. Thalia Higgins,
as a member of the Board of Trustees, and also as Treasurer of the
Board of Trustees (Retirement Plan) .
A motion was made by Commissioner Mumford and seconded by Commissioner
Bauer to accept the resignation of Mrs . Higgins, as a member of the
Board of Trustees and Treasurer of the Board of Trustees, effective
as of May 30, 1975. (Attachments "B" and "C") In polling the members
of the Board, the following voted, Aye : Mayor Gilday, Commissioner
Mumford, Commissioner Bauer, Mrs . Higgins and Patrolman Cecere.
The next item of business was the appointment of a new Treasurer to
replace Mrs. Higgins. A motion was made by Commissioner Bauer and
seconded by Mrs . Higgins to appoint Mr. Anton Drasal as Treasurer
of the Board of Trustees . This motion was then amended to first
appoint Mr. Drasal as a member of the Board of Trustees, and then
the Board of Trustees appointed him as the Treasurer of the Board of
Trustees. The following members of the Board voted, Aye : Mayor
Gilday, Commissioner Bauer, Commissioner Mumford, Mrs. Higgins and
Patrolman Cecere . This to become effective on May 30, 1975.
The next matter brought up for discussion was the consideration of a
request from Patrolman Giordano to withdraw his voluntary contribution**
from the Retirement Plan, plus interest. A motion to approve Officer
Giordano' s request was made by Patrolman Cecere and seconded by
Commissioner Mumford to return said monies and that the Treasurer be
authorized to compute the amount and prepare the necessary check.
Discussion was then held regarding withdrawals of the voluntary funds
from the Retirement Plan. Mr. Drasal stated that the purpose of this
Fund was created for retirement purposes and that the withdrawal and
possibly coming back into the Fund sometime later would not be in
(-. accordance with this plan, but would be acting in the capacity of a bank.
** - Attachment "D"
MINUTES: BOARD OF TRUSTEES (Retirement Plan) - May 16, 1975 - Page 2
The matter of bonding the Treasurer was then discussed and it was
decided to hold this matter in mind for future meetings.
Minutes of the previous meeting (April 24, 1975) , which had previously
been read by members of the Board, were then approved, with Mrs.
Higgins moving that they be approved and Commissioner Bauer
seconding the motion. All members of the Board voted approval of
the minutes.
The meeting was then adjourned at 1:05 P.M.
4
APPROVED:
Mayor) Morton ' . Gilday, Cha ' an
/Ci • 1-e-CSafi
(Commissioner) Ruth E. M ford, Secy.
em ) (Commissioner) Harry Bauer
CONC re D BY Thalia Higgins, TrLea `urer"
Anton Drasal William Cecere (Patrolman)
(Advisor)
ATTEST: 71Pit ,�C�
eecording Secretary
DATED: r ' / b / 9)5
n
Attachment "B"
gel
May 15, 1975
Town Commission of The Town of Highland Beach, Florida
Following acceptance of my resignation as Town Treasurer
and Bookkeeper of The Town of Highland Beach, Florida, I hereby
resign from The Board of Trustees of The Town of Highland Beach
Retirement Plan.
Respectfully submitted,
' /+/Lam..--f/ c(), J /'244'
Thalia Higgfm , Trustee
A
Attachment "C"
fil May 16, 1975
Board of Trustees of The Town of Highland Beach Retirement Plan
Town of Highland Beach
3614 South Ocean Blvd.
Highland Beach
Florida 33444
It is with regret that I resign as Treasurer of The Town
of Highland Beach Retirement Plan Board of Trustees.
Respectfully submitted,
041
/ f
7/24€1.-UrAzi_ i‘c.c.,,
Thalia Hi s, Treasurer Board of Truste s
S
J`
Attachment "D"
IOfficer Ernest Giordano
Highland Bch. Police Dept.
May 12, 1975
Trustees,
I would like to with-draw all monies, plus interest that I
' 107 v-er
have in the voluntary contribution portion of the city retirement }{- f
plan. This request is for the 10% additional deduction that I requested
to be with held from my weekly pay roll check.
Thahkyou,
Officer Ernest Giordano