Carbondale Reporter

The Illinois Investment Policy Board met May 18 to contact companies participating in the Israel boycott.

Here are the meeting's minutes, as provided by the board:

ILLINOIS INVESTMENT POLICY BOARD

COMMITTEE ON ISRAEL BOYCOTT RESTRICTIONS

Wednesday, May 18, 2016

12:00pm

Thompson Center

100 W. Randolph, 16th Floor

Chicago, Illinois 60601

MEETING MINUTES

Call to Order: The meeting was called to order at 12:01 pm. In attendance were William Atwood, Mitchell Goldberg (committee chair), Andrew Lappin, Michael Mahoney (telephonically), and Alicia Oberman.

Approval of Minutes: The minutes of 2/16 committee meeting were approved as written upon motion and vote.

Administration Matters: Upon motion (by William Atwood; second by Alicia Oberman), Michael Mahoney was approved to appear telephonically.

Public Comment: No comments were made.

Business: The committee was informed that all companies listed as potentially engaging in Israel boycott had been contacted, informed of today’s hearing and given an opportunity to appear. The committee reviewed the letters submitted to the IIPB by companies who have been identified as potentially engaging in Israel boycott. These letters were responsive to IIPB notification and request for response. The companies submitting responses included: Dexia, Karsten Farms, Kammunal Landspenjonskasse (KLP), G4S and Nordea. Michael Mahoney stated that he had received a request for clarification from Karsten Farms seeking identification of a specific legal entity (or entities) from which a response is requested. No one was present for any of Dexia, Karsten Farms, Kammunal Landspenjonskasse (KLP), and Nordea. Counsel for G4S appeared before the committee (Jeremy Margolis, Andrew Devooght and Emily Stone of the law firm of Loeb & Loeb) and made a presentation seeking removal of G4S from the list. The chair thanked counsel for G4S for its presentation and informed that further questions pertaining to the presentation may be submitted and offered that counsel for G4S may submit to the committee any other submissions or evidence they feel relevant to the factual inquiry before the committee.

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 Andrew Lappin), the meeting was adjourned at 1:05pm.

These minutes are intended to conform to the requirements of Section 2.02 of the Illinois Open Meetings Act (5 ILCS 120/02).