Back to Scholarship Committee Meeting Minutes
Wednesday, October 8, 2008
Hingham Town Hall
The meeting was called to order at 7:35 P.M.
Attendees: Frank Gaul – Chair
Jean Montgomery – Treasurer
Kurt Weisenbeck – Clerk
Absent: Roger Nastou
The Committee voted unanimously:
1. To accept the minutes from the April 9, 2008 meeting.
2. To take the following actions in order to cover the disbursement of the 2008 scholarship awards totaling $160,000 (to be withdrawn from Prime MM Fund) and to rebalance the funds to align with Investment Policy allocations for equities and fixed income:
a. Sell $100,000 of Long-Term Treasury
b. Sell $45,000 of Inter-Term Invest-Gr
c. Buy $145,000 of Prime MM Fund
- The Committee scheduled the spring meeting for Tuesday, April 14, 2009 at 7:30
P.M. at Hingham Town Hall.
The meeting was adjourned at 8:05 P.M.