HomeMy WebLinkAbout5-7-26 TranscriptEmployee Benefits Trust Board Meeting-20260507_090206-Meeting Recording
May 7, 2026, 3:02PM
32m 19s
Bill Nary started transcription
Bill Nary 0:04
Flori.
OK.
It is nine O 2 on Thursday, May 7th.
I will call this special meeting of the City Meridian Employee Benefits Plan Trust to order.
I will start with taking Roe pulinary present Alex Frytag.
Alexander Freitag 0:26
Present.
Bill Nary 0:27
Christina Barney.
Christena Barney 0:29
Present.
Bill Nary 0:30
Sean Harper.
And Eli, Daniel is not present.
Shawn Harper 0:33
Present.
Bill Nary 0:34
I didn't get anything said he wasn't going to join us, so he may just be running late.
I see Alan Bosch.
Our Council is online as well as Lori Chiarella from Gallagher, as well as Dan Molloy
from Blue Cross.
I think ripa's out of the office today too.
Christina, OK, so anyway.
The intention of our meeting today is discuss the report I did. I did I I did not.
Attach it originally to the agenda just by by oversight. I did attach it this morning and resend it, but I think the board Member should have received it already previously.
But we're here to talk about that.
I'm going to let Christina maybe start us off and where do where do we need to go.
I mean the the letter from Department of Insurance, the dated April 30th.
Basically just, you know, says there are.
They're pointing out some areas of concern that we need to address.
None of them. It says, you know, rise to the level of serious that requires inclusion in their report.
But there's just legitimate considerations that the board needs to consider moving forward and operational, things which I think we were, you know, aware of that from the preliminary
findings.
So I think you know those are that's a A at least a good start from their letter.
But I'll let you take it from there, Christina.
Christena Barney 1:57
Yeah. So there was a couple of things.
I mean, they put all of the findings that they provided us and we provided response to in the final management letter. But to Bill's point, there was nothing that they found that was
substantial.
Bill Nary 2:07
Right.
Christena Barney 2:12
They're basically just recommendations for us to make some improvements, which often happens during an audit.
Not everyone's perfect, and there's always things that can be done better.
I do know of concern to the Council.
Is the banking.
Portion where funds are not insured.
It did have a conversation with the bank this morning.
Bill Nary 2:33
Mm-hmm.
Christena Barney 2:36
Confirmed that we only have coverage up to $250,000.
However, there is an option for us to be considered a government entity, and they're looking into the parameters for that, which then would put us in a different category that would
ensure those funds in hole.
If we don't qualify for that because we have to have some separation from the city.
So when I'm talking to him, told him well, he asked if it's government funds and I said yes and no.
We're funded by government.
Funds were funded by government employee deductions and contributions. However, it goes into an account to pay for employee benefits, so he's looking into the regulations on whether
we can be included in that government funding and how that protection and if not, there are some other options that we.
Can institute on our account.
So I'm already moving that direction to to rectify that one.
Bill Nary 3:32
And and I can supplement that too. Christina. I did have a conversation with Todd Lavoie, our CFO on the same topic because one of the things I said to him, I also said to the mayor
and also said to Councilmember Kavner is again, we've had the money in.
The bank from the outset of this, which is all we were ever thought we needed to do, and we've never been told different that we needed to do anything else in diversifying that.
Christena Barney 3:56
Mm-hmm.
Bill Nary 3:58
That money and protecting it differently, and I said to Councilman.
Kavner and the mayor again we've had.
We have an audit every year.
We no one's told us that we should do different.
We didn't know, but Todd, so Lavoy said.
Christena Barney 4:08
Mm-hmm.
Bill Nary 4:10
You know, he was also going to require the bank 'cause. Obviously the city has its money in the bank and we have more than $250,000 in the bank for the city and we have government protections
that exist.
So he was doing the same exploration.
On on his side with the same bank to say, is there a different way that this could be done to to do that because obviously.
The city has an interest in protecting the money as well. Besides the trust. So. So I think we're coming out from both both sides.
Christena Barney 4:35
Mm-hmm.
Bill Nary 4:39
So I think you know we'll get an answer. Again, I'm not really that concerned that first Interstate Bank's going to fail. But banks do fail.
So I get it so.
Christena Barney 4:49
Yeah, we want to make sure we're doing everything we need.
We can to protect those dollars.
So we'll we'll keep moving in that direction.
Bill Nary 4:55
Hey.
Christena Barney 4:58
The only other thing that I found in the report that I just want to call to everyone's attention is item 5 S lack of actuarial opinion.
There isn't a trust response in there because it was a timing thing. We were getting the trust response to them at the same time that they were publishing this report or finalizing the
report.
So I will ask that they put the trust response in there, which basically is Gallagher has redone the actuarial opinions to pull that out and meet that state code.
And we've got confirmation from the auditor themselves, Mike Mayberry, I believe, is his name, but that meets the requirements so that that is been resolved for 2324 and 25.
Bill Nary 5:43
And I'm curious and I don't what the other board members think. Do one of the things that maybe part of our annual review.
Besides and, I will admit that Christina, I think that I talked about this to the rest of the board.
I did not recall that we were supposed to to officers in November.
I just thought we did it in January, so I I didn't remember that we were supposed to do it differently. So that was a little bit of a surprise to me.
But maybe annually we need to just create sort of a A, you know, a list of the annual things that need to be done, which is doing the officer elections, doing the making sure the conference
statements are done maybe having when we do our audit or update having.
Our accountant at least come and do a a short report on that, and if we have questions about or should we be doing something different?
Is there something better?
Is there a better way to do things?
Maybe those are the questions we could, you know, make sure we're covering annually. You know, I, Alan, any insight you could give us on on sort of the oversight things that we should
be considering moving forward is helpful. I think any of that would be good and just.
Really, just create a list of annual discussion in our November meeting and doing our.
Officers and everything else, so making sure all of these things are done, or at least we know when they're gonna be.
Reported and that kind of stuff might be just a good, you know.
A.
A reminder of all those things that need to be taken care of annually.
Allan Bosch 7:20
Yeah.
Mr. Chairman, I agree, and there's usually there's some sort of tasking system we could put together where it's a we know it.
If it's November we, that's just all tasks long before then all the contracts we have, if there's any renewal periods, those should all be kinda tasked out.
So they and you're not alone in this, where those things kind of get lost sometimes until oh, geez, we're operating without a renewal of our contract.
Bill Nary 7:38
Right.
Allan Bosch 7:46
It's not the first time that's happened. I don't think the DOI has seen it before.
Or two.
So it's not a big surprise, but I think it's important if we get, like I said, a tasking system docketing system where we know when they come up, when they're due couple three months
before a contract is up for renewal, it should show up on our agenda I.
Gonna go through the bylaws and get more familiar with them. Just so that I know when everything should be done and I will task them to my system.
It's just so I can remind you know, obviously the chair and Vice chair and everybody.
Else, in terms of what's coming up or should be coming up so.
And then I can, yeah.
Christena Barney 8:23
And that's what I was going to say is it should be, it should be clearly outlined in our bylaws what we need to do. And when I recall.
Bill Nary 8:24
Just to.
Allan Bosch 8:31
Yeah, most of that's.
I've not reviewed them in detail, but yeah, they should all be spelled out.
Bill Nary 8:38
Well, and I'll admit that I don't.
You know we good or bad, we didn't use our prior Council very much, Alan, and part of it was the cost savings and part of it was just our lack of knowledge of what we should or could
use that service for. I think we've learned now it'd be.
More valuable to to do that than not.
And so I think you know that.
Probably is gonna again be part of our task or hey, Scott, thank you for joining us.
So I I.
I think going forward, I think the other thing I was gonna mention is when we do, when we get our renewals, our budget conversation you know include like including legal expenses on
there as part of our budgetary request to the Council.
I did tell Councilman Kavner that he did agree that again, there are costs of doing business, that we have to be mindful of, and whether that's, you know, the accounting or something
else.
But I did also remind him we don't have administrative support.
So a lot of that we don't see necessarily the logic of paying for that particular type of service, but that does mean it does fall on all of the rest of us to do some of those things
and noticing and responding and things like that it's been done.
But I think there's some work to do.
I think we've got we can do that when we get to our renewal phase and our budget for next year.
OK.
Just one little kind of curious thing, Christina.
I looked at the report.
Our department insurance on the front page, it says report of examination of the City of Meridian employee Benefits Plan Trust as of December 31st, 2024.
Christena Barney 10:18
Mm-hmm.
Bill Nary 10:19
Why? Why does why? What's why that date? I guess I'm.
Christena Barney 10:23
So anytime you enter in an audit, they pick a an end date.
So December 31st.
Bill Nary 10:28
Oh, OK.
Christena Barney 10:30
But they will continue to ask for records all the way up until they issue the final report.
So they actually in fact audited all the way through March, almost April.
And pulled in some of the claims education, those types of things for those months as well.
But the actual audit that they were conducting was focused on.
The January 20 through December 24.
Bill Nary 10:59
OK.
That's it.
Only threw me because I was thinking it was 25, that it would have been through 25.
So that's.
Only the date was curious to me.
Christena Barney 11:11
And I can ask them to confirm that. But I think it was through 24.
Bill Nary 11:14
OK.
Other questions, other things.
We need to talk about.
Obviously there's a response we need to formulate and we also need to go back to the Council. You had mentioned to me in an e-mail, Christina about maybe the 19th.
I will be gone the 19th. Right now, the Council. It might be better on the 26th if you think. Unless you think that's too late.
Christena Barney 11:38
I thought that they weren't having a meeting on the 26th.
Bill Nary 11:40
They are now.
Yeah, we are having a meeting on the 26th and right now it appears that is only going to be a work session with different reports, different updates, things like that.
Christena Barney 11:42
OK.
Bill Nary 11:51
So it might fit better anyway.
And again, I wouldn't be here the 19th, but it's fine if I'm not.
But the 26th might fit better if you don't think the timing's going to be too far out. I think we can maybe preliminarily give them an update between now and the 26th.
And maybe that we can talk about how what that looks like.
I can then let them know we'll be coming on the 26th.
Christena Barney 12:15
I think that's probably good because depending on where we land as a board today, if we have anything that they would we would like included or updated or things like that, we committed
to getting back to them by end of day tomorrow and then they will.
Finalize the report so we still haven't gotten the final report.
This is this is a draft.
Bill Nary 12:37
Mm-hmm.
Christena Barney 12:38
It it should include any concerns or anything that we want added to it so.
That'll give us time to get that final report and then put together some information for the for the Council.
Bill Nary 12:53
OK.
Allan Bosch 12:57
So I I have a quick question, Mr. Chairman, in the report, the Master Services Agreement with Clifton Larson is that who it's I'm trying to understand.
Bill Nary 12:59
Yes, Sir.
Yes, Sir.
Allan Bosch 13:07
I.
Bailey does the audit correct?
Christena Barney 13:10
Clifton Larson is our accounting firm.
Allan Bosch 13:11
So what's?
OK.
Christena Barney 13:18
So they assist with our financial reports and all of our accounting.
Allan Bosch 13:18
That's a separate.
OK.
That's a separate contract, then between the auditors versus OK.
Christena Barney 13:27
Yes.
Allan Bosch 13:31
And I do have.
And this is maybe not necessarily appropriate now, but when we talk about the the the funds of the trust and where they're held, I think we ought to maybe take a look at at least think
about it maybe having it more than just with the bank in terms.
Of finding something that complies with the code in terms of what government entities can invest in, you know, government securities, U.S. government securities, that sort of thing,
maybe get a little bit better rate of return.
It's only a couple $1,000,000.
Who should be able to maybe generate some more revenue?
Rather and still meet the requirements in terms of obviously protected as well as.
Complying with the restrictions on what government entities can invest in.
So that's for future discussion, but I think it's something we ought to be considering once we get the things resolved with First Interstate.
The first Interstate right that we use, we get do the sweep, account, whatever we end up doing to protect the current dollars.
Bill Nary 14:25
Yes.
Allan Bosch 14:29
So we can resolve that issue.
Issue but then long term think about maybe putting the funds in other vehicles that could generate maybe a little bit more revenue.
I don't know what we get out of.
That's more of a financial decision than legal, but it's something to to be thinking about.
Bill Nary 14:45
Yes, Scott.
Scott Howell 14:46
Yeah, just along those lines.
Other municipalities that that we've worked with.
Have done just what Alan is talking about and.
Leverage the finance professionals at the city to help.
With those accounts and I know there's been limited engagement from finance with the trust.
But the relationship in the other municipalities almost treats city finance.
It's like a contractor to the trust. Almost like, hey, we're gonna have you guys help to manage these accounts.
Because you know what you're doing.
They're doing it with other city funds and it's it can be good to leverage their expertise and and then have them report back to the trust on a regular basis about, you know, what's
going on there and how the accounts are performing.
Bill Nary 15:40
I I did have a when I had a conversation with the mayor a couple days ago and a conversation with the CFO, Todd Lavoie yesterday, I did.
You know, I did discuss that with him again, because Councilmember straighter did make note of that and was a little bothered or concerned at how little engagement the finance has with
the trust and what I asked Todd and I and I understand his rationale, you know, and it.
Fine.
But I said, you know, are there people in finance?
You know, just employees who would be interested in either being on the board or being more engaged, I mean, not necessarily as a finance representative, but because of their knowledge
or expertise could be helpful.
For us to have as a participant in some fashion, he said.
You know, I'm not aware, but he said.
I will bring that up to our team and say, you know, if someone's interested or wants to have some engagement. I don't have a problem with it. He's just.
From the outset, has always said, you know he wanted to create this sort of separation between finance and the trust. But he said, you know, if an individual wants to be a part of it,
that has that background or expertise in this arena, I don't care, he said.
That's fine by me.
So you know, I I would agree that it would be helpful.
You know, you know unfortunately, because the way trusts are done, right.
I mean, it would be easy if we could simply just hire somebody to do that.
All the time.
But again, it costs money and or or and you know. And then we have to have employees on the board. Can't ask people to volunteer to be on the board.
Who just happen to be in the finance business? That doesn't work so.
So anyway, that's one option.
We're, you know, exploring a little bit more and see if there's any interest.
There may not be.
I don't know.
Allan Bosch 17:30
You know we made because we're a separate entity. Mr. Chairman, I would.
Sorry, Mr. Chairman, I would.
Bill Nary 17:34
Oh, you're good.
Allan Bosch 17:35
I would recommend that we at least think about and I think it's even in one of the reports that I read in terms of having a a service agreement with the city.
So we maintain some independence compensation wise and I this is a little tongue in cheek.
Bill Nary 17:46
Right.
Allan Bosch 17:49
It's, you know, robbing Peter to pay Paul because whatever we put in our budget,
we're going to get it from the city and we'll turn it on and give it back to him.
But at least maintain some level.
Of separateness and yet utilize their services.
So they we're not just using them, quote UN quote, we're contracting with them, he said.
Bill Nary 18:05
Right. No, I agree.
Allan Bosch 18:05
I think that was in the report and that's something I'm with your permission.
I'm gonna take a look at and see if we can't put something together.
Bill Nary 18:13
No, I think that's good and I'm certainly happy to explore that.
I didn't discuss that with him specifically.
Like, could we simply just contract with this finance department instead?
And some fashion. So there is.
It's still an arm's length separation, but we are simply just paying for a service. Again, we don't.
I I don't know what his answer would be, but I certainly can explore it so.
What else for the good of the Today that you need Christina?
What else do you think we need to do?
Christena Barney 18:46
Well, I want to open it up to the trustees.
Is there any questions, concerns, anything you would like included or removed from the report that I can report back to DOI?
Alexander Freitag 18:59
Yeah. You know, Christina, I I went through it in pretty extensive detail and nothing there that I'm concerned about in terms of you know how it's worded and written up at this point.
So I don't have any additions or changes at this juncture.
Nothing, nothing beyond what we've already talked about.
Shawn Harper 19:24
Christian same.
Same with me.
I've looked over it, obviously some stuff I'm still trying to wrap my head around just in the processes, but overall looking at it all, this is just us improving processes more than
anything from an administrative site.
There's zero things in here.
That are concerning, especially after listening to being there in the audience for the last Council meeting.
The one.
Excuse me.
The one thing is is definitely the financial piece.
Is figuring out how to better protect those assets and I guess the one question I would have is from the financial side, if we were to invest.
Or find a better way to invest this money to try to make money. What does that look like?
Maybe Gallagher or somebody can answer because we don't have a lot of surplus.
So how? What does that look like?
Just I just wanna be educated a little bit on that.
Scott Howell 20:37
Yeah, I mean, you always need to maintain enough in a a liquid account to pay claims and pay expenses.
But the amount that's there in reserve or in surplus, the intent is to.
You know, not touch that.
And so if that's, you know, $1,000,000 or whatever the number is to be able to earn more than just checking account interest on it can help offset some other expenses.
The trust right, like.
And that's that's how I've seen other municipalities use it.
Bill Nary 21:12
Right.
Scott Howell 21:16
It in the grand scheme of things, it's not a lot of money, but it is enough to help you know offset some administrative expense or.
To.
It factors into the renewal calculations that we do if there's, if there's interest income coming in.
Bill Nary 21:35
Yeah, I mean, I do think you know and like, yes, you, we've all heard from the city over the last, you know, couple years again.
The the the ability to simply just keep absorbing the increasing costs of health care is becoming a very significant impact overall and not just our budget.
I think everyone's budget, whether you're at home or any other city, but so I you know, if nothing else, I like what Scott just said. If nothing else, if we.
Could find an Ave. from an investment standpoint to generate income that at least cover the ongoing costs of administration of the trust itself.
Just the cost of the accounting and the auditing and the legal services that would be a benefit to the city.
I mean that would be helpful.
So even if it's a minimal return, but it would cover those kinds of things, I think that would be a good a good at least partnership with the city and showing again, we're trying to
do our part to keep the cost.
At, you know, reasonable.
Level so any little bit's gonna help.
So Christina, next steps you think?
We, you and I could craft something for a, you know, a report to the Council that we could send.
In advance of the 26th to say, here's what we're anticipating doing. Or here's what we've gotten.
And then we'll be back with a full report on the 26th, but kind of just a preliminary highlights of what we've gotten back from them or the this letter is fine as part of the public
record.
Whatever you think we could, you and I can talk about that.
Does that sound OK to the rest of the board?
Shawn Harper 23:17
I.
I I would.
I was gonna say before I got off, I say we send this to them.
I guess we still need that one response.
In five right lack of actuary opinion, I think that's the only one.
Am I right, Christina, on that.
Bill Nary 23:34
Yep.
Shawn Harper 23:35
Yeah, I'd say we front load that.
Let them digest this.
Alexander Freitag 23:38
N the.
Shawn Harper 23:38
And really see that a lot of this is just small administrative things that and just show that we are moving forward.
And working on resolving the. The other ones that may take a little time.
Alexander Freitag 23:52
Yeah, I can. I concur.
Bill Nary 23:53
OK.
Alexander Freitag 23:54
I I don't think there's. I mean this is our first audit as a trust.
All things considered, it's not a bad audit really.
So I think that's the messaging.
Bill Nary 24:05
All right.
Scott Howell 24:08
Yeah. And on the I've always thought that that lack of actuarial opinion statement was interesting because they accept the actual opinion with our filing every year.
But this auditor wants something a little more.
Which we've just never been instructed to provide, right?
And so now that the actuaries know what the auditor wants, it's in the opinion now and.
Bill Nary 24:28
Right.
Scott Howell 24:35
You know, no big deal, but.
Christena Barney 24:38
Yeah.
Shawn Harper 24:39
Josh and Scott, should that what you just said kind of lead off that trust response in regards to look, this is what we've been doing. You're just now asking for more. So we will now
work to provide you.
A.
A more detailed response or whatever, however.
Christena Barney 24:56
Sleep.
Scott Howell 24:58
Yeah, I think so.
Shawn Harper 24:58
You.
Christena Barney 25:00
I'll make sure that that's included.
Bill Nary 25:03
OK.
Christena Barney 25:03
I I agree.
And as soon as this is finalized and includes that response, getting it to them as soon as possible to allow them to to digest it, I would like to in the e-mail that we sent to them
though, highlight what we'll what we're gonna be working on with all.
You know, as far as the bylaws and the processes and things, so that.
Bill Nary 25:23
OK.
Christena Barney 25:26
It's not just a letter saying there's these findings. There is the trust response saying that we're committing to do something.
Thing, but what does that actually look like and what actions are we taking so that they know there's a good faith effort to mitigate these findings?
Alexander Freitag 25:44
Yeah, I think that's a great idea.
Allan Bosch 25:45
So.
On the on the examination findings one through 10, you know, obviously it comes with, you know, here's what they see.
We have a response.
Are those submitted to the City Council or have they been submitted to the City Council?
Christena Barney 25:59
They got a yes. They got a copy of that.
Allan Bosch 26:02
OK.
Christena Barney 26:02
Prior to our previous meeting, but again it wasn't in final form.
But it will be in final form shortly, so they at least have a heads up on it.
Allan Bosch 26:10
OK, I.
Yeah, I think we're a little bit without being too.
It was a little premature giving it to him in the sense that this is like an initial go around and sometimes those responses can adjust and once they understand better what we're doing,
their response could be different.
But that that's OK.
I mean, we'll we'll deal with that and going forward.
Christena Barney 26:31
Agreed and I was.
Bill Nary 26:31
That's what we thought too.
Christena Barney 26:32
I was hesitant to provide it and that's why I was very clear during the Council meeting.
These are preliminary findings.
Allan Bosch 26:39
Now.
Christena Barney 26:39
They may not even make it to the final report.
Bill Nary 26:42
Right.
Scott Howell 26:42
Yeah, you did a good job of of clarifying that in the meeting. I think there was just a lot of pressure to provide something because they had heard that this was going on. And so it
kind of put put you in a tough spot.
Allan Bosch 26:44
Yeah.
Bill Nary 26:58
The other thing just before we get is there anything more on this before we?
So.
I got feedback on the 27th, but Christina, you said you're gone on the 27th, correct?
Christena Barney 27:13
Yes, I am in fire physical testing that day.
Bill Nary 27:14
Right.
OK. So but we can do our board meeting on the 27th if that's OK.
Or we can do it on the 19th without me.
So it's I'm basically.
It's either not, not me on the 19th or or not me on the 20th. Or not Christine on the 27th.
So it doesn't matter to me either way.
Shawn Harper 27:34
I'll be gone. I'll be bill.
I'll be gone.
The 20 I'm heading to DC on the 27th for work, so I'll be gone through the 1st of the month.
Bill Nary 27:41
OK.
OK.
So we maybe it might be better then to do it on the 20th just to make sure you have a quorum.
I I know I'll be gone.
Christena Barney 27:50
OK.
Bill Nary 27:52
I'll be on an airplane so I won't be available, but we can. I'll I'll get the noticing done for the 20th. Then in advance of the Council meeting and yeah, Alex, maybe you can run the
meeting that day and I'll get all the noticing done and all of.
Alexander Freitag 28:03
Sure, sure.
Bill Nary 28:05
That ahead of time and then that'll be in advance. And in case there's anything before the Council.
Presentation on the 26th, we could have that and then probably we're going to be looking at. Are you available on the 20 on the 20th, Allen?
Allan Bosch 28:19
I'm not.
I've already got commitments that whole day.
Bill Nary 28:22
OK.
So what's the what's the desire of the group?
Alexander Freitag 28:29
I'm good with whatever I'm available.
All those the dates.
So it's just a matter of what you guys think is best in terms of having available quorum here and all that so.
Bill Nary 28:38
Yeah. And I think Eli said he was available to the one.
So we'll have a quorum on the 27th and Alan or do we want to meet on the 20th without Alan?
Christena Barney 28:52
I don't necessarily have a preference if we decide to do it on the 20th, I can always follow up with Alan. If there's there's anything going on and these are recorded so.
Allan Bosch 28:59
Yeah.
Bill Nary 29:01
Yes, OK.
Well, why don't we do the 20th just to stay consistent with our normal schedule?
Otherwise, I then have to cancel and create a special meeting which is not a big deal, but it's just one less thing to have to do.
So why don't we plan for the 20th?
And then again we can do the follow up as needed afterwards.
And then if there's anything in advance of the Council, we can make sure that that's taken care of before we are in front of them and then probably by then we'll have some clarity.
After the Council meeting on what we're doing going forward with a market check and all of those types of things and it'll get rates and start review process of budgeting and looking
at it in June for putting a budget together for request to the Council, that kind of.
The next steps you think Christina?
Christena Barney 29:50
Yeah, I think I might e-mail to you was getting on the Council agenda. I think June 9th or June 16th to provide them the market information.
Bill Nary 29:57
All right. Yep.
Christena Barney 30:01
That being said, I want to be careful in the order of operation so.
Gallagher's doing the market.
Bill Nary 30:15
Hmm.
Christena Barney 30:15
To have an opportunity to review that information before we provide it to Council 'cause, we are the governing body. We are the deciding body, and then just bringing them in the loop.
Bill Nary 30:25
Right.
Right. So we may need to do a special meeting.
After the 20th before our normal monthly meeting in June to have that discussion in advance of going to the Council.
Christena Barney 30:42
Depending on when we get the market information, yeah.
Bill Nary 30:44
OK.
OK.
Well, we can do that.
But let's start right now with the update to the Council. Plan to go through the 26th
to the Council with an update and we'll have our normal scheduled meeting on the 20th.
Christena Barney 30:58
Perfect.
Bill Nary 31:00
Awesome.
Alexander Freitag 31:00
Bill, I'll probably get with you right before.
Maybe next week. Sometime you can show me just some of the details on the recording and stuff and where you put those files and stuff.
Bill Nary 31:04
OK.
OK.
It's super complicated.
You know, I'm so techie.
I'm so I've such a technocrat.
Alexander Freitag 31:12
I I figured as much.
Bill Nary 31:14
You bet.
Yeah, I got a little hamster at a wheel over here under the fax.
Allan Bosch 31:20
So.
Alexander Freitag 31:22
I I figured something along those lines, yeah.
Bill Nary 31:25
Yeah.
Allan Bosch 31:26
Is the Council meeting on the 26th of that at 4:30?
Is that that work session at 4:30?
Bill Nary 31:31
Yeah, I think it's gonna.
Yeah, right now, that's all that's planned.
Now I don't know where the order's gonna be, but yes, it'll be at the 4:30 session.
Alexander Freitag 31:37
Timothy.
Bill Nary 31:38
Now wait.
Wait, run until 6:30.
But it's that's all we're gonna be right now.
Planning on doing is just reports, updates those kinds of things.
OK. Is that good for the group?
Christena Barney 31:55
I think so.
Bill Nary 31:56
934 we can take a motion to adjourn.
Christena Barney 32:00
Motion to adjourn.
Bill Nary 32:02
All those in favor say aye. Aye. And we are adjourned at 9:34.
Shawn Harper 32:04
Bye.
Christena Barney 32:04
Hi.
Bill Nary 32:09
Thank you everyone.
Appreciate everybody's time, Christine. Outcome walked out to you.
Scott Howell 32:12
Thanks guys.
Allan Bosch 32:13
Take care everybody.
Christena Barney 32:13
Thank you.
Alexander Freitag 32:15
Bye.
Bill Nary 32:16
See you in a minute.
Christena Barney 32:17
OK.
Bill Nary stopped transcription