C.L. "Butch"
Otter
Governor
Lawerence
Denney
Secretary of
State
Lawrence
Wasden
Attorney
General
Brandon D
D Woolf
State
Controller,
Secretary
SCO > Board of Examiners > Board of Examiners Minutes
STATE BOARD OF EXAMINERS
MINUTES – Regular Meeting
January 17, 2012 – 8:55 a.m.
Borah Post Office Building, 204 N. 8th Street, 2nd Floor Courtroom

The regular meeting of the State Board of Examiners was called to order pursuant to Idaho Code §67-2002 and by the order of the chair.

The following board members were present: Governor C.L. “Butch” Otter and Secretary of State, Ben Ysursa, and Attorney General Lawrence Wasden. Controller Donna M. Jones, Secretary to the State Board of Examiners recorded the proceedings of the meeting.


Ms. Jones introduced the consent agenda items.
Mr. Wasden moved to approve the consent agenda. Mr. Ysursa seconded the motion. The motion passed on unanimous voice vote.
CONSENT AGENDA

1. Minutes - Approved
Approval of official minutes for the meeting of the Board of Examiners on December 20, 2011.

    2. Department of Health and Welfare – Approved
    Request that $140,975,100 be transferred from the General Fund to the Cooperative Welfare Fund #0220 during the third quarter of Fiscal Year 2012. In addition, it is also requested that $63,275 be transferred from the Drug Court, Mental Health & Family Court Services Fund #0340 to the Cooperative Welfare Fund #0220 during the third quarter of Fiscal Year 2012.


    INFORMATIONAL AGENDA

    3. Office of the Attorney General
    a. Notification that Peter C. Erbland of the firm of Paine Hamblen, LLP, has been appointed pursuant to Idaho Code §67-1409 as Special Deputy Attorney General for the purpose of representing the State of Idaho and the University of Idaho in a tort claim and in any ensuing litigation arising out of the allegations contained in the tort claim.

    b. Notification that Paul Madden of the firm of Whiteford, Taylor & Preston, LLP in Baltimore, Maryland, has been appointed pursuant to Idaho Code §67-1409 as Special Deputy Attorney General for the purpose of consultation, research, and advice on federal tax and regulatory issues related to plan qualification and compliance, as needed and when requested by PERSI.

    c. Notification that V. Rafael Stone of the firm of Foster Pepper, PLLC in Seattle, Washington, has been appointed pursuant to Idaho Code §67-1409 as Special Deputy Attorney General for the purpose of representation of PERSI in investment-related transactional matters that include, but are not limited to, PERSI’s private equity and private real estate investments.

    d. Notification that Joshua S. Evett of the firm of Elam & Burke has been appointed pursuant to Idaho Code §67-1409 as Special Deputy Attorney General for the purpose of representing the State of Idaho, Department of Lands, in the Chapter 11 bankruptcy action of Richard W. Hoyle.

    e. Notification that Maj. Lora Rainey Breen of the firm of Gardner & Breen has been appointed pursuant to Idaho Code §67-1409 as Special Deputy Attorney General for the purpose of conducting legal reviews of state-federal cooperative agreements and other types of state contracts on behalf of the State of Idaho, Military Division. This appointment is effective through December 31, 2012.

      4. State Insurance Fund
      a. Estimate of the State Insurance Fund expenses to be paid by sight drafts for the month of
        November, 2011.
            Estimated expenditure for workers compensation claim costs, dividends and premium refunds
        $18,000,000.00
          Funds Expended in November, 2011:
          Workers Compensation Claim Costs
        $8,953,934.12
          Dividends
        0
          Commissions
        0
          Policy Refunds
        342,635.21
          Total
        $9,296,569.33
      b. Estimate of the Petroleum Clean Water Trust Fund expenses to be paid by sight draft for the month of November, 2011.
          Estimated expenditure for Petroleum Clean Water Trust Fund
      $750,000.00
        Funds Expended in November, 2011:
        Payroll
      $48,882.16
        Operations
      6,258.47
        Claim Costs
      139,077.82
        Total
      $194,218.45

      There being no further business before the board and on motion duly made and seconded, THE MEETING OF THE STATE BOARD OF EXAMINERS WAS ADJOURNED at 9:02 a.m.

      __________/s/ C.L. “Butch” Otter________
      C.L. “Butch” Otter, Chairman of the Board and
      Governor of the State of Idaho

      __________/s/ Donna M. Jones ____________
      Donna M. Jones, Secretary of the Board and
      Idaho State Controller

      Page last updated on 04/06/2012 11:34:09 AM