OXNARD UNION HIGH SCHOOL DISTRICT
RETIREE HEALTH BENEFITS TRUST

REGULAR BOARD MEETING

AGENDA

March 24, 2006
2:00 P.M.

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

• Tolman & Wiker Insurance (Invoice #(s): 370568, 365806) - $7,102.00
• Canterbury Consulting, Inc. (Invoice #(s): 6730) - $5,990.00
• Musick, Peeler & Garrett LLP (Invoice #(s): 142775) - $2,102.60
• Nordman, Cormany, Hair & Compton (Invoice #(s): 172479) – $ 176.80
• Allplaces (Invoice #(s): 14) - $75.00

VII. INFORMATION ITEMS

• Correspondence
• Tolman & Wiker Insurance: Policy Renewals
• Medicare Part D Update
• Actuarial Report Update
• Retiree Count Update
• CSEBO Medical, Dental and/or Vision Estimated Income & Expense Report: Period Ending Period Ending December 31, 2005 and January 31, 2006
• City National Bank Investments: January – February, 2006
• City National Bank Money Market Investment: January – February, 2006
• Financial Statements Dated December 31, 2005
• Investment Performance Review – 4th Quarter:  Dated December 31, 2005
• 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

Posted:  03/21/06