Marisa Iannella Rodriguez, Human Resource Director wasn't present for an update. Mayor Fred
Allyn III reported that there is some continued shuffling with the Library staff hiring. There has
been a staff departure from the Library system and hiring progress is being made. He added that
this will not impact the Retirement Board.
Mr. Thorne asked if two contracts are being negotiated. Mayor Fred Allyn III answered yes, one
for the Police and one for Dispatch. He added that School Nurses contracts are being looked at.
Chairman Rodolico asked who would sit in on the negotiations with Ms. Iannella Rodriguez, it
was answered that a Labor Attorney from Shipman and Goodwin LLP would attend the
negotiating meetings with her.
Mayor Fred Allyn III reported that there will be a retirement coming in December for Jean
Dutton from the VNA department. She has been with the Town of Ledyard for 26 years.
DISCUSSED
RESULT:
VI.
1.
FINANCE DIRECTOR'S REPORT
Finance Director’s Report.
No Finance report since Matt Bonin, Finance Director is participating in interviews for a new
Finance Treasurer on the Town of Groton panel.
VII. OLD BUSINESS
Any Other Old Business to come before the Board.
None.
1.
VIII. NEW BUSINESS
Motion to APPROVE payment of invoice #609_09302023, to Fiducient Advisors, dated
1.
September 27, 2023, in the amount of $12,112.03, for consulting costs for billing period July 1,
2023, to September 30, 2023.
APPROVED AND SO DECLARED
John Rodolico
RESULT:
MOVER:
William Thorne
SECONDER:
4
1
Thorne Codding Rodolico Panosky
Wadecki
AYE
EXCUSED
Motion to APPROVE amendment to the IPS to reflect changes to allocation targets.
2.
Mr. Thorne commented that the IPS referred to in the Fiducient Advisors Quarterly Investment
Review - Second Quarter 2023 attachment is not the latest version. It was confirmed that the
correct version has been filed with the Ledyard Town Clerk. The latest version of the IPS, will
be amended per FA's suggestion on page 13 of the Town of Ledyard - 2Q23 QIR.
Motion overthrown.
The Retirement Board will vote during next month's meeting (November 21, 2023) after the