HomeMy WebLinkAbout2001-09-05-TPT-minTOWN OF LEXINGTON
TRUSTEES OF PUBLIC TRUSTS
Minutes of Meeting
September 5, 2001
A meeting of the Trustees was held at 8: 00 AM at the home of Alan Fields at 42
Adams Street, Lexington. Present were Alan Fields, David Williams and Thomas Taylor,
and Secretary Karen Jackman.
The minutes of the April 26, 2001 meeting were approved.
The Endowment Fund Portfolio Report as of 8/31/01 was reviewed. It shows a
total return of 2.22% year to date. It was voted to approve the purchases and sales shown
on pages 10 and 11 of the Report.
Alan is talking with State Street Bank about possibly taking over management of
the funds. A meeting will be scheduled in the future.
It was voted to approve the transfer of $2500 Steve Baran; $1000 from the
Lexington Human Services Fund and $1500 from the Bridge Charitable Fund.
It was voted to accept the Jacqueline Toye Hoiriis Scholarship Fund on the terms
set forth in a letter dated May 23, 2001, a copy of which is attached to these minutes.
Next meeting to be at the call of the Chairman in early October.
Respectfully submitted,
Tom Taylor