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
AGENDA – Regular Meeting
January 17, 2017 – 9:00 a.m.
Joe R. Williams Building, 5th Floor Conference Room A

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, Attorney General Lawrence Wasden, and Secretary of State Lawerence Denney. State Controller Brandon Woolf recorded the proceedings of the meeting.

State Controller Woolf introduced the consent agenda items.

Attorney General Wasden moved to approve the consent agenda. Secretary of State Denney seconded the motion. The motion passed on a unanimous voice vote.
CONSENT AGENDA

1. Minutes
    Approval of official minutes for the meeting of the Board of Examiners on December 20, 2016.

2. Idaho Office of Emergency Management/Bureau of Homeland Security-Approved
ID#
Description
Amount
Comments
Date to Board
2016-00138
White Powder Substance
$1,390.04
Response to white powder substance of unknown origin in turnout of State Highway.
(LINCOLN COUNTY)
01/05/2017
TOTAL
$1,390.04
3. Ada County Clerk-Approved
Request for reimbursement of costs in the amount of $1,454.79 incurred by Ada County to prosecute three State Penitentiary inmates pursuant to Idaho Code §18-2507.
    4. Office of the Attorney General-Approved
    Request for payment of Attorney Fees, Costs, and Expenses in the matter of K.W. v. Armstrong in the amount of $227,347.87. Approval of this claim for payment is subject to final approval of the class action settlement by the federal district court.

    INFORMATIONAL AGENDA

    5. Office of the Attorney General
      a. Notification that Eric J. Belfi of the firm of Labaton Sucharow, LLP, in New York, has been appointed pursuant to Idaho Code §67-1409 as a Special Deputy Attorney General for the purpose of representing the State of Idaho, Industrial Special Indemnity Fund in the matter of Alexion Pharmaceuticals, Inc. - PERSI.
        b. Notification that Bren E. Mollerup of the firm of Benoit, Alexander, Harwood, High & Mollerup, PLLC, has been appointed pursuant to Idaho Code §67-1409 as a Special Deputy Attorney General for the purpose of defending the State of Idaho, Industrial Special Indemnity Fund in in worker’s compensation claims against ISIF.
          c. Notification that V. Rafael Stone of the firm of Foster Pepper, PLLC, has been appointed pursuant to Idaho Code §67-1409 as a Special Deputy Attorney General for the purpose of representing 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 Paul W. Madden, of the firm of Whiteford, Taylor & Preston, LLP, in Baltimore, Maryland, has been appointed as a 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 when requested by PERSI.

            6. State Insurance Fund
              a. Estimate of the State Insurance Fund expenses to be paid by sight drafts for the month of
                December 2016.
                  Estimated expenditure for workers compensation claim costs, dividends and premium refunds
            $15,000,000.00
                Funds Expended in October, 2016:
                Workers Compensation Claim Costs
            $10,601,596.78
                Dividends
            7,483,637.94
                Commission
            0
                Policy Refunds
            $324,088.98
                Total
            $18,409,323.70

              b. Estimate of the Petroleum Clean Water Trust Fund expenses to be paid by sight drafts for the
                month of December 2016.
                    Estimated expenditure for Idaho Petroleum Clean Water Trust Fund
              $600,000.00
                  Funds Expended in October, 2016:
                  Payroll
              $52,958.27
                  Operations
              9,569.33
                  Claim Costs
              $90,337.90
                  Total
              $152,865.50

            Attorney General Wasden moved to adjourn the meeting. Secretary of State Denney seconded the motion.
            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 9:01 a.m.

            __________/s/ C. L. “Butch” Otter ________
            C. L. “Butch” Otter, Chairman of the Board and
            Governor of the State of Idaho
              __________/s/ Brandon Woolf ____________
              Brandon Woolf, Secretary of the Board and
              Idaho State Controller





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