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a few percentage points. The projected forecast has real estate continuing to have strong returns <br /> in the long term. Alan feels the proposal is logical and states that the numbers would fall in line <br /> with PRIT's real estate figures. <br /> The Board discusses that the best move would be to raise our asset allocation 3% in real estate. <br /> Fred suggests we move 5m from Loomis into PRIT RE. Then we can deal with Contrafund after <br /> the Loomis transaction. <br /> Bob motions $5,000,000.00 transfer from Loomis to PRIT RE, seconded by Alan, and approved <br /> by Carolyn, Joe, and Fred. <br /> Our asset class performance summary for the year 2017 up 19.7% with a $168,603,885.00 <br /> balance. <br /> Fossil fuels remain unchanged at 4%. <br /> RhumbLine and Wellington are scheduled for review at the next Board meeting. <br /> A motion was made by Bob, seconded, and unanimously approved to adjourn the meeting at <br /> 9:30 AM. <br /> Next Board meeting will be held on Thursday February 22, 2018 at 8:00 am in Cary Memorial <br /> Library. <br /> Robert Cunha, Chairman Alan Fields, Appointed Member <br /> Carolyn Kosnoff, Ex Officio Member Joseph Foley, Elected Member <br /> Frederick Weiss, Appointed Member <br />