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Page 1 of 1 <br />Linda Williams <br />From: 'Thomas Taylor" <tomtayiors @rcn.com> <br />To: "David Williams" <williamsdg @rcn.com >; "Alan Fields" <br />Sent: Tuesday, May 18, 2004 9 :10 AM <br />Subject: May 13 minutes <br />1 <br />I <br />TOWN OF LEXINGTON <br />TRUSTEES OF PUBLIC TRUSTS <br />Minutes of Meeting <br />May 13, 2004 <br />A meeting was held at 8 PM at 64 Marren Road, Lexington, MA Present were Trustees Alan Fields, <br />Thomas Taylor and David Williams. <br />The investment performance for the period through March 31 was reviewed. The mix of 45% equities - <br />55% fixed income will not be changed. <br />The Trustees voted to accept the following new funds: <br />Alice Hinlde - Prince Estabrook Award Fund. <br />David G. Miller Conservation Trust <br />Leo P. McSweeney Scholarship Fund <br />The terms of these three funds are set forth in the letters attached to these minutes. <br />It was decided to set up a meeting with the Selectmen on June 21 to report on the work of the Trustees <br />on the occasion of the acceptance of the 100th Fund. <br />Karen has asked for a raise. David will look into her duties to see how much time she spends on Trustee <br />work and whether she may be duplicating work done by State Street. <br />Tom Taylor, Secy. <br />5/18/2004 <br />