OXNARD UNION HIGH SCHOOL DISTRICT

RETIREE HEALTH BENEFITS TRUST

 

REGULAR BOARD MEETING

AGENDA

 

August 18, 2006

2:00 P.M.

OXNARD UNION HIGH SCHOOL DISTRICT

BOARD ROOM

220 South ‘K’ Street, Oxnard, California 93030

 

The Benefit Trust was established as a cooperative organization between The Oxnard Federation of Teachers (OFT) and the Oxnard Union High School District (OUHSD).  The mission of the Trust is to oversee and direct efforts in order to maintain the best health benefits program affordable for active and retired employees of the OUHSD.

 

I.          OFFICIAL OPENING OF MEETING

 

II.        PLEDGE OF ALLEGIANCE

 

III.      ADOPTION OF AGENDA

 

IV.      MINUTES

 

V.        AUDIENCE TO ADDRESS THE BOARD

Those persons wishing to address the Board may do so at this time.  Individual presentations are limited to three (3) minutes each, or in the case of a group of people speaking on a specific item, ten (10) minutes will be permitted.

 

VI.      ACTION ITEMS

1.   Consideration of Approval of Invoices and/or Bills

Ø    Nordman, Cormany, Hair & Compton (Invoice #(s): 175542, 176509) - $ 1,179.24

Ø    Musick, Peeler & Garrett LLP (Invoice #(s): 145639, 146832) - $ 526.50

Ø    Canterbury Consulting, Inc. (Invoice #(s): 10360) - $ 7,103.00

Ø    Vance, Thrift & Biller LLP (Invoice #(s): 31176) - $ 750.00

2.   Consideration of Approval of transfer from Money Market account to Investment account in the amount of $ 929.07 for payment of trust fees.

 

VII.   INFORMATION ITEMS

1.     Investment Performance Review:  Michael Laven, Canterbury Consulting, Inc.

2.     Correspondence

3.     City National Bank Check Fees Update: S. Lee

4.     Actuarial Report Update

5.     Pension Bond

6.     CSEBO Medical, Dental and/or Vision Estimated Income & Expense Report: Period Ending Period Ending June 30, 2006 and May 31, 2006: S. Gama

7.     Medical Eligibility Update-June, July, 2006: S. Gama

8.     Medicare Premium Payment Program Eligibility Requirements Update: W. Edmonds

9.     City National Bank Investments: May, June, and July, 2006

10.  City National Bank Money Market Investment: May, June, and July, 2006

11.  Financial Statements dated March 31, 2006

12.  Open Comments

 

 

 

 

 

VIII. PUBLIC COMMENT ON CLOSED SESSION ITEMS

Any member of the public may address the Board concerning a Closed Session item.  Each individual speaker will be allowed three (3) minutes to speak, or in the case of a group of people speaking on a specific item, ten (10) minutes will be permitted.

 

IX.      CLOSED SESSION

During this time, the Board may adjourn to Closed Session to discuss confidential material relating to the item(s) listed below.

 

1.     Conference With Legal Counsel--Potential Litigation; Significant Exposure To Litigation Pursuant to Government Code Section 54956.9(b): 1 case (PVSD Unification)

 

X.        RECONVENE IN OPEN SESSION: REPORT OF CLOSED SESSION ACTION

 

XI.    ITEMS FOR FUTURE CONSIDERATION

 

XII.   FUTURE MEETINGS

 

XIII.  ADJOURNMENT