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r <br />MINUTES OF THE READING RETIREMENT BOARD MEETING <br />Wednesday, May 23, 2007 <br />- The Reading Retirement Board held a regular session meeting on May 23, 2007, in The Lower Level Conference <br />Room, Town Hall, Reading, Massachusetts. <br />The meeting was called to order at 6:05 P.M. by Chairman Joseph Veno in the presence of members Gail <br />LaPointe, Daniel Seferian, Francis Driscoll, and Board Administrator, Colleen Loughlin. Board member Richard <br />Foley was not able to attend. <br />MINUTES <br />• Regular session minutes for the March 21, 2007 meeting were signed by all board members, except Richard <br />Foley who was not present. <br />• DANIEL SEFERIAN moved to accept the April 24, 2007 regular session minutes as written. <br />SECONDED BY: GAIL LAPOINTE <br />VOTED: (3-0-1) ABSTAINED: FRANCIS DRISCOLL <br />APPROVAL OF NEW MEMBERS RETIREMENTS TRANSFERS AND REFUNDS <br />• DANIEL SEFERIAN moved to approve the following new members: <br />Gerard Cavanaugh RMLD-Station Mgr. Date of hire & membership - 4/19/07 <br />Patricia Sullivan Finance/Assessors Date of hire -11/14/05 <br />Date of membership - 4/30/07 <br />(previously full-time temp - contributed to Social Security) <br />Patricia Mellino RMLD-Fac. Oper. Mgr. Date of hire & membership - 5/3/07 <br />Carol Kowalski Community Serv <br />SECONDED BY: FRANCIS DRISCOLL <br />VOTED: (4-0-0) UNANIMOUS <br />9%+2% <br />9%+2% <br />9%+2% <br />Date of hire - 5/14/07 8%+2% <br />Funds to be transferred from Concord <br />• DANIEL SEFERIAN moved to approve the following retirement applications: <br />Doris MacLeod School - Admin. 6/30/07 33 years, 9 mths <br />(Superannuation) <br />Michael Sarno RMLD 6/30/07 33 years, 6 mths <br />(Superannuation) <br />SECONDED BY: FRANCIS DRISCOLL. <br />VOTED: (4-0-0) UNANIMOUS <br />• DANIEL SEFERIAN moved to approve the following transfer of funds to other systems: <br />Option A <br />Option C <br />Brian Macdonald To Stoneham Retirement $8,551.65 2 years, 1 month, and 5 days <br />(Assessors) <br />