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MINUTES OF THE READING RETIREMENT BOARD MEETING <br /> Tuesday November 26, 2019 <br /> The Reading Retirement Board held a regular session meeting on November 26, 2019 in The <br /> Conference Room at 2 Haven Street, Unit 307, Reading, Massachusetts. <br /> The meeting was called to order at 5:08 P.M. by Chairman Thomas Clough in the presence of members <br /> Sharon Angstrom, Carol Roberts, Joseph Coughlin, Board Administrator Colleen Loughlin, Asst Board <br /> Administrator Elaine Kelly and Town Treasurer, Endri Kume. Anthony Tranghese from FIA joined via <br /> a conference call. David Gentile was unable to attend. <br /> SPECIAL ITEM <br /> • Anthony Tranghese from FIA joined the meeting via a conference call and gave a brief overview and <br /> update to the Board. The Board will vote to approve the $3M distribution to the 2020 Vintage Year <br /> Private Equity Fund. <br /> • The Town Treasurer presented a request to receive a stipend. The Board will wait for PERAC's <br /> response regarding the Town Treasurer's role as Custodian of the Funds, as well as, Arty. Sacco's <br /> response to specific questions asked by the Board regarding the stipend, to respond to the treasurer's <br /> request. The Board has requested the Town Treasurer to present to the Board a synopsis of his <br /> duties and responsibilities as the Treasurer/Custodian of the Funds as related to the Retirement <br /> System. In the event that all questions and requests have been received, this will be added to the <br /> December agenda. A vote will take place when all of the Board members are in attendance. <br /> MINUTES <br /> • Minutes from the September 24, 2019 regular session were signed by all board members, except <br /> Carol Roberts who was unable to attend. <br /> • Minutes from the October 9, 2019 special session were signed by all board members, except Joseph <br /> Coughlin who was unable to attend. <br /> • SHARON ANGSTROM moved to accept the minutes from the October 22, 2019 regular session. <br /> SECONDED BY: JOSEPH COUGHLIN <br /> VOTED: (3-0-1) ABSTAINED: THOMAS CLOUGH <br /> APPROVAL OF NEW MEMBERS RETIREMENTS, TRANSFERS,AND REFUNDS <br /> • SHARON ANGSTROM moved to approve the following new members: <br /> Richard Belmonte Community Date of hire— 10/29/19 9%+2% Gr. 1 <br /> (School) Services Date of membership— 10/29/19 <br /> Coordinator (re-hire) <br />