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Employee Benefit Trust Minutes - 04/21/2010City of Wichita Falls Employee Benefits Trust Board Minutes April 21", 2410 The meeting was held in the City Council Conference Room, 1300 Seventh Street, Wichita Falls, TX 76301. Present: Darron Leiker, City Manager Jim Dockery, Asst. City Manager /CFO Miles Risley, City Attorney Tammy Guerra, Human Resources Manager Becky Chapman, Employee Benefits Coordinator Agenda Items: i. Call to Order- Meeting was called to order at 2:00pm. ii. Approval of Minutes- Motion was made by Miles Risley to approve the April 21 ", 2010 minutes, second by Jim Dockery. The motion carried unanimously. iii. Consideration and approval of retaining a benefit consulting firm - IPS Advisors proposed a professional services agreement which included that their retainer would be $42,000 for the first year of services and $46,000 thereafter. IPS Advisors is replacing Cassie Stennett who was our broker on record through ING. Motion was made by Jim Dockery to approve the professional services agreement between the City of Wichita Falls and. IPS Advisors, second by Tammy Guerra. The motion carried unanimously. iv. Open Session v. Adjourn at 2:18 pm. � oZ O es Risl ate htrUtIVE-D IN ETY CLEPK'S OFFICE Date Received i JUN 28 2010 Human Resources