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VI UPDATE U.S. Virgin Islands Public Records TRANSCRIPT OF PUBLIC PROCEEDINGS GERS BOTs Monthly Meeting 8/25/2022 GERS Retirement System (Board of Trustees) August 25, 2022 · 0.0 hours · gov Source recording https://youtu.be/6Xq3R6tipeg Status This is NOT the official transcript. 3 V.I.C. § 884 requires the agency itself to make a verbatim record of its proceedings and reduce it to a transcript within sixty days. This is a working transcript produced by machine from a recording of the proceeding, offered as a finding aid. Transcribed by VI Update, using OpenAI Whisper large-v3-turbo, run locally. Not reviewed by a person. Reliability Automatic transcription, UNVERIFIED. Verify every quotation against the recording before relying on it. Speech recognition splits spoken digits and wraps figures mid-number, so a dollar amount, a vote count or a bill number can be wrong in a way that reads as correct. Speakers are not identified: automatic speaker labelling was measured unusable and removed. Public record The underlying proceeding is a public record, and this body is NAMED as a governmental agency in 1 V.I.C. § 253(b), so its meetings are open to the public under § 254. 3 V.I.C. § 884 requires it to make a verbatim record of each proceeding and reduce it to a transcript within sixty days, and § 884(b) makes that transcript open to examination under § 881, which also gives every citizen the right to copy it and the news media the right to publish it. The source recording is not ours, is not hosted here, and remains with its publisher at the link above. Rights To what we added · the transcription, its arrangement and its description · we assert nothing. A verbatim transcript is mechanical rather than authored, so there is likely nothing in it to own; to the extent any copyright is nonetheless found to subsist, it is dedicated to the public domain under CC0 1.0. Please copy it, quote it, index it, train on it, republish it, mirror it, sell it. Redistribution is the point: a public record with one copy is one fire from gone. No permission is needed, and none is ours to grant or withhold. Back in regular session, in executive session, the board discussed contract extension with Mr. Chair, you got to wait for them to let them back in assuming there's anybody waiting. Oh, I'm sorry. We also approve not to rescind the resolution. that was done oh that was done in regular session we taking five minutes to go back online with the members of the public no you don't have to it's already like and everyone that was in the way through is back in session okay good okay okay so we're back in regular session in executive session we discuss a contract proposal for with makita our investment consultant and we discussed um a way forward you know effort to select uh an administrator ceo for the system um privileges of the floor did we did we also um discuss mr nib's extension as an executive session yeah that's that's that's part that's part of the way for okay all right uh 0:00:00 any privileges of the floor motion for adjournment second also second trustee carlwood absent trustee dorsey yes trustee liger yeah trustee mcdonnell absent trustee russell yeah trustee smith absent chairman yes four yes three absent okay this meeting is adjourned thank you thank you all very much Thank you so much, everybody. 0:01:44 Thank you, sir. Everybody best of the evening. 0:02:35 Machine transcript · UNVERIFIED. Verify every quotation against the recording. Speakers are not identified. VI Update · usvipublicrecords.com · public record, no rights asserted (CC0 1.0) 1 of 1