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A change in investment was discussed near the beginning of the July 2nd Montrose Borough meeting, as it was a lot of money. Mr. Schuster spoke of how profitable that account had been since it was created. Mr. Chamberlain said that where they were before wasn't making any money. He stated that they had to look at the big picture. There was some discussion about this.

During the street department report, Ken DiPhillips suggested doing some grout work to the old borough building before painting it. Someone had found the borough a decent quote if they chose to go with a lift. Mr. Lamont emphasized the need for workers to have a hard hat and a harness on in the lift. He opined that he would rather have them in a lift than on a ladder.

The Susquehanna Retirement Board Meeting was called to order at 9 a.m., by Commissioner Hall.

A motion by Commissioner Hall to approve the meeting minutes of the February 22 meeting. Seconded by Commissioner Warren. Abstaining were Treasurer Benedict and Commissioner Giangrieco.

Next on the agenda was to approve the appointment of Reliance Trust Company to be the new Trustee with respect to the Susquehanna County Employee’s retirement plan. Also with in the motion was to terminate Marshall and Ilsley Trust Company as Trustee. Motion would go into effect on October 1, 2012.

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