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7.8. APPROVAL OF WARRANTS <br />ON MOTION by Vice Chairman Wheeler, SECONDED <br />by Commissioner Bowden, the Board unanimously <br />approved the list of Warrants issued by the Clerk to the <br />Board for the period January 13-19, 2006, as requested. <br />7. C. APPROVAL OF WARRANTS <br />ON MOTION by Vice Chairman Wheeler, SECONDED <br />by Commissioner Bowden, the Board unanimously <br />approved the list of Warrants issued by the Clerk to the <br />Board for the period January 20-26, 2006, as requested. <br />7.D. INVESTMENT POLICYAND INVESTMENT REPORT — IST QUARTER FY <br />2005-2006 <br />ON MOTION by Vice Chairman Wheeler, SECONDED <br />by Commissioner Bowden, the Board unanimously <br />accepted the Investment Advisory Committee's Quarterly <br />Report, as recommended in the memorandum of January <br />23, 2006. <br />February 7, 2006 5 <br />