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September 13, 2012
Board of Commissioners of Trust Funds
Minutes of the September 13, 2012 Meeting

Present:  Mayor Driscoll, Thaddeus Buczko and William P. Goreham

The meeting was called to order by Mayor Driscoll at 5:30 P.M. in the Mayor’s Office.

The Salem Council on Aging submitted four requests for medication expense reimbursement.  Thaddeus Buczko made a motion to approve $1,505.43 from the Endicott Fund.  The motion was seconded by William P. Goreham and voted unanimously.

The Board will decide when to invite the Eastern Bank for a review in the near future.  

The Board will review the Investment Statement needed for the yearly audit in the near future.

The Board will have a new Member within the next two months.

The Mayor has asked William P. Goreham to consider being the new treasurer and he has accepted.

Thaddeus Buczko made a motion to approve the minutes of the August 9, 2012 meeting.  The motion was seconded by William P. Goreham and voted unanimously.

There being no further business, the meeting was adjourned at 5:50 P.M.

Respectfully submitted:



F. Kay Fouhey, Clerk