Transfer of city pension funds no simple matter
New Castle City Council blocks Patricia May from moving 6.4 million from the pension. Morgan Stanley Dean Witter holds about half of the near 28 million pension, with Domenick advising. Elisco and DeBlasio face conflict of interest questions on Domenick matters.
MENTIONED IN THIS ARTICLE
New Castle
Mark Elisco
Patricia May
May
David Domenick
WRP Investments
Morgan Stanley
Dean Witter
Elisco
Rick DeBlasio
Domenick
DeBlasio
Court hears motion to transfer $6.4 million to Morgan Stanley
A motion seeks transfer of six point four million dollars under control of investment adviser David Domenick of WRP Investments to Morgan Stanley Dean Witter. The request aims to reallocate assets to the new management arrangement and reflects ongoing fiduciary realignment.
MENTIONED IN THIS ARTICLE
Makes Motion
David Domenick
WRP Investments
Morgan Stanley
Dean Witter
Key Players Moves to Block Transfer on Pension Vote
The Key Players seek to block a transfer despite an ethics commission ruling that they cannot vote on pension matters involving Domenick and his firm. This move could make them the third pension fund trustee, alongside Elisco and Rick DeBlasio, with a potential conflict of interest in pension decisions.
MENTIONED IN THIS ARTICLE
New Castle Pension Fund
David Domenick
New Castle
Anthony Verone
Nick Majorano
Maiorano
New Castle Area
AAA Fire Protection Co
Ethics Commission
Domenick
Pension Fund
Elisco
Rick DeBlasio
Parking Authority reviews aging Mercer garage with cautious optimism
New Castle Parking Authority officials and Widmer Engineers inspected the 21 year old Mercer Street garage finding peeling concrete on traffic surfaces but not severe damage. They urged an in depth study, approved up to 3200 for immediate and long term fixes, and discussed city crews aiding paving and line work.
MENTIONED IN THIS ARTICLE
New Castle
Merceree
Richard Mauk
Widmer Engineers of
Beaver Falls
Mauk
Ted Saad
Saad
Lawrence County to consider online election results site
Lawrence County commissioners will vote on hiring Chess Community Services of Boardman to create a voter and elections Web site. Dawn Goodridge and Marlene Gabriel outlined a free first year proposal with $750 annually thereafter. The site would post results as counted and store archives, with polling locations and precinct data.
MENTIONED IN THIS ARTICLE
Ohio
Lawrence County
Chess Com
Munity Services of
Boardman
Dawn Goodridge
Marlene Gabriel
Goodridge
Chess
Pennsylvania
Mahoning County
Board of Elections
Youngstown
Lawrence County Tourist Promotion Agency
Chamber of Commerce and
WEST
Lawrence
County Economic Development Corp
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