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A real estate funding proposal was discussed. $1m was invested with the PRIT Real Estate fund <br />on June 1 using cash. A motion was made to invest $1m per month for the next three months <br />using cash. There was also a decision to move $1.5m from both Hartford and Contrafund and <br />invest $3m with Acadian. <br />White Oak distributed $46,139 and called $359,257 on 6/24/16. <br />The Board was reminded of the education requirements. <br />Mark Selby from William Blair will attend the July meeting. <br />No change in fossil fuel stance. As of December 2015, approximately 3.7% of the total system <br />in invested in fossil fuel companies. <br />A motion was made, seconded and approved unanimously to adjourn the meeting at 9:30. <br />The next meeting will be held July 28, 2016, 8:00 AM at Lexington Town Hall in the Parker <br />Room <br />___________________________ _______________________________ <br />Robert Cunha, Chairman Alan Fields, Appointed Member <br />_______________________________ _______________________________ <br />Robert Addelson, Ex Officio Member Joseph Foley, Elected Member <br />_______________________________ <br />Frederick Weiss, Appointed Member <br />