The Illinois Investment Policy Board met June 8 to hear public comments.
Here are the meeting's minutes, as provided by the board:
ILLINOIS INVESTMENT POLICY BOARD
COMMITTEE ON ISRAEL BOYCOTT RESTRICTIONS
Wednesday, June 8, 2016
1:00pm
Thompson Center
100 W. Randolph, 16th Floor
Chicago, Illinois 60601
MEETING MINUTES
Call to Order: The meeting was called to order at 1:03 pm. In attendance were William Atwood, Mitchell Goldberg (committee chair), Andrew Lappin, Michael Mahoney, and Alicia Oberman.
Approval of Minutes: By vote, the minutes of 5/18 committee meeting were approved as written upon motion (by Alicia Oberman; seconded by Michael Mahoney).
Administration Matters: No matters were addressed.
Public Comment: The committee heard public comment as to the Board website and notice to companies identified for inclusion on list of Israel Boycott Restrictions.
Business: The committee reviewed the letter submitted to the IIPB by ASN Bank suggesting that ASN has been misidentified as a company that boycotts Israel. The letter, however, acknowledged divesting from companies operating in territories controlled by Israel. G4S requested the opportunity to present additional materials and testimony before the Committee to address questions raised at the last meeting. Appearing for G4S was Jeremy Margolis and Andrew Devooght of the law firm of Loeb & Loeb, along with G4S representatives, John Kenning (for G4S plc) and Drew Levine (for G4S US). Following the presentation and questions of the Committee, counsel for G4S requested the opportunity to submit a small submission relating to questions raised. The chair thanked counsel and representatives for G4S for appearing and submitting supplemental information for consideration.
Next Meeting Date: The committee did not set a definitive meeting date but stated it would be posted with due and timely notice.
Adjournment: Upon motion (by Alicia Oberman; seconded by Bill Atwood), the meeting was adjourned at 2:15pm.
These minutes are intended to conform to the requirements of Section 2.02 of the Illinois Open Meetings Act (5 ILCS 120/02).
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