A. BUSINESS ITEMS 1. Call to Order/ Roll Call 2. Approval Prior Board Meeting Minutes a. January 27, 2011 b. April 19, 2011 c. May 31, 2011 3. Board of Trustee appointments (Motion required) 4. Guest Introductions 5. DFIM Investment Advisory Agreement 6. DFIM Capital Support Agreement B. INVESTMENT ADVISOR UPDATES 1. Economic Update, Portfolio Review, and Recommendations 2. Operations Manager Comments C. OTHER ITEMS 1. Administrator Update 2. Board Member Comments D. SET NEXT MEETING DATE/ ADJOURNMENT 1. Future meeting dates