HomeMy WebLinkAbout1991-07-23-TPT-minTown of Lexington
Trustees of Public Trusts
Minutes of Meeting
A meeting of the Trustees was held at 12:00 noon on July
1991 at 265 Franklin ;,treet, Boston, Massachusetts. Present were
Trustees Alan S. Fields, Thomas G. Taylor and David G. Williams,
Sheryl Mason, Robert Cushman, Co -Chair of the Human Services
Committee, and Steven Baran, Human Services Coordinator.
The minutes of the meeting of April 12, 1991 were approved.
The following portfolio transactions were approved:
Transfer of $250,000 income from the Westview Cemetery Fund
to the Town of Lexington to reimburse the town for cemetery
maintenance expenses.
Sale of 100 shares of J.P. Morgan and 200 shares of Security
Pacific from the Westview Cemetery Fund, and purchase of 50
shares of Ameritech, 100 shares of Bank America, and 200
shares of CenTrust Bank.
Sale of 28 shares of Maxim Integrated Products from the
Lexington Education Foundation Fund.
The Trustees approved a request from the town to pay Wayside
Florist $359.00, $349.00 from the Monroe Cemetery Fund and $10.00
from the Westview Cemetery Fund.
Steve Baran presented the report on the operation of the
Lexington Human Services Fund for its first year for the period
from July 1, 1990 to June 30, 1991. Following a discussion, it
was voted to give the Lexington Human Services Fund $5500.00 for
the new fiscal year, such funds to be taken from the Bridge
Charitable Fund, income account.
NEXT MEETING: WEDNESDAY, •OCTOBER 2, 1991 AT 12:00 NOON AT
265 FRANKLIN STREET, BOSTON, MA.
Thomas G. Taylor A.ecretary
TAYT /Q09 -