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City of Coral Gables

File #: 09-0036    Version: 1 Name: Retirement Board Special Emergency meeting minutes December 23, 2008
Type: Minutes Status: Noted and Filed
File created: 1/20/2009 In control: City Commission
On agenda: 1/27/2009 Final action: 1/27/2009
Enactment date: Enactment #:
Title: Retirement Board Special Emergency Meeting of December 23, 2008
Attachments: 1. CC.01-27-09.December 23, 2008, 2. Minutes.Special meeting.12-23-08

Title

Retirement Board Special Emergency Meeting of December 23, 2008

Body

1.                     Roll call.

 

2.                     The Board discussed and approved not to cancel the distribution request at JP Morgan.  The request to cancel the distribution must be received by the JP Morgan client manager before December 24, 2008.  The fund’s consultants continue to recommend that the Retirement System should accept the January 6, 2009 distribution of $255,771.36 and leave the remaining $6,744,228.64 of the original distribution request in the queue.

 

3.                     Adjournment.