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Rob reported Town Meeting appropriated another $500,000 for OPEB. When it becomes <br />available it is to be wired to the Wellington Fund Admiral at Vanguard. Mike requested <br />a copy of the most recent Vanguard statement. The Vanguard balance as of 3131111 is <br />$1,546,629 <br />Available dates and times were discussed for the meeting with Jay Kaufman and Peter <br />Diamond. <br />Nomination papers were received from Bob Cunha and Margaret Donovan. Margaret <br />Donovan decided to withdraw her papers due to personal reasons. <br />The 4th qtr Fy2011 appropriation will be wired to State Street this month to cover payroll <br />for April and part of May. No shortfalls this month reported. <br />PERAC still has not responded to the Board regarding the 2008 overearnings for <br />Anthony Previte. <br />It was noted that we have not received Benefit Verifications Forms for approximately 11 <br />retirees. A third and final notice is to be mailed stating that benefits will be withheld <br />beginning May 30, 2011 if not returned. <br />A discussion of future board meeting dates to be held is June 23, July 28, Aug 31 and <br />Sept. 28. <br />A motion was made, seconded and approved unanimously to adjourn the meeting at <br />10:00 AM. <br />The next meeting will be held May 26, 2011, 8:00 AM at Cary Memorial Library in the <br />Large Meeting Room. <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 />