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board would like Maggie to contact school superintendent Rob Harris to find out how <br />many people this will affect. <br />The actuarial will be done for the August 23 meeting. David Driscoll from Buck will be <br />contacted and will run a valuation based on 8 — 7.5 — 7 assumption rates. <br />It was noted that $250,000 was transferred from Contrafund to cover the June shortfall <br />and the FY13 1 St qtr appropriation of $1,031,174 will transfer in July to State Street. <br />The next meeting will be held July 26, 2012, 8:00 AM at Cary Memorial Library in the <br />Learning Center. No investment managers to be invited. <br />A motion was made, seconded and approved unanimously to adjourn the meeting at <br />10:30 AM. <br />Robert W. Cunha, Chairman <br />Robert Addelson, Ex Officio Member <br />Michael McNabb, Appointed Member <br />Joseph Foley, Elected Member <br />Alan Fields, Appointed Member <br />