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OXNARD UNION HIGH SCHOOL DISTRICT

OXNARD UNION HIGH SCHOOL DISTRICT

RETIREE HEALTH BENEFITS TRUST

 

ANNUAL BOARD MEETING

AGENDA

 

December 7, 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.      ANNUAL ORGANIZATIONAL MEETING OF THE BOARD OF TRUSTEES

1.     Election of Chairperson (Trust Agreement, Article 5.5)

2.     Election of Co-Chairperson (Trust Agreement, Article 5.5)

3.     Review of June 30, 2006 Trust Financial Statement (Trust Agreement, Article 6.15, 7.1)

 

VII.    ACTION ITEMS

1.   Consideration of Approval of Invoices and/or Bills

Ø    Nordman, Cormany, Hair & Compton (Invoice #(s): 180375) - $ 677.80

Ø    Musick, Peeler & Garrett LLP (Invoice dated: 11-11-06) - $ 281.80

2.     Consideration of Approval of Letter of Engagement for Tax Services with Vance, Thrift & Biller

3.     Consideration of Approval to Change Checking Account Type with City National Bank

 

VIII. INFORMATION ITEMS

1.     Actuarial Valuation Dated November 15, 2006: Randy Winton

2.     Canterbury Consulting: Investment Performance Review-3rd Quarter Dated September 30, 2006

3.     Correspondence

4.     Medicare Retiree Drug Program Update: Steven Gama

5.     CSEBO Medical, Dental and/or Vision Update: S. Gama

6.     City National Bank Investments: October 2006

7.     City National Bank Money Market Investment: October 2006

8.     Open Comments

 

 

 

 

 

IX.    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.

 

X.        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)

 

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

 

XII.   ITEMS FOR FUTURE CONSIDERATION

 

XIII. FUTURE MEETINGS

 

XIV.  ADJOURNMENT


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