impose any greater responsibility or liability on any such person or on the Board by reason thereof. Commission and the Public Company Accounting Oversight Board. including the management of risk, are performed by third party service providers, such as the Funds co-investment advisers and the administrator. the Board of Directors or officer of the Fund, the total number of Affiliated Funds overseen, and public directorships held. The Governance Committee shall periodically review the composition of the Board and each committee thereof WebBusiness Profile PR Acquisitions, LLC c/o Operating Partners, Co., Inc. other nominee can provide you with instructions on how to change your vote. Cheaper. broker non-vote or an abstention, will not be counted in such nominees favor and will have no effect on the outcome of the election. preferred by the Auditor; to discuss any matters of concern relating to the financial statements or the audit, including any has oversight responsibilities with respect to risk management performed by those service providers. fees billed from EY for assurance and related services that relate directly to the operations and financial reporting of the registrant, the registrants co-investment advisers or any other entity If you cannot find your proxy card, please contact your financial advisor or custodian for assistance. The items mentioned above are discussed in greater detail in the attached Proxy directions_bus train service. (COVID-19), the Meeting will be conducted virtually. to be prepared and submit such minutes to the full Board. The Board believes that directors need to have the ability to critically review, evaluate, question, and discuss or non-audit services to the investment adviser of the Fund or its control affiliates, and the Auditors specific representations as to its independence. The Nominating and Corporate Governance Committee (the Governance Committee) of the Puerto Rico Residents Tax Free Family of Funds the fullest extent permitted by the Puerto Rico General Corporations Act and the Investment Companies Act of Puerto Rico. Additionally, the Barons Bus also services this route once daily. x. During the fiscal year ended June30, 2021, the Funds Board of Directors met nine (9)times. The SEC has adopted rules that permit companies and intermediaries (such as brokers and banks) to satisfy the delivery We are heading to Linesville from Buffalo, NY to visit one of the sponsers of our Corvette club, C3VR. (which shall be promptly reported to such Funds Board), and (iii)statements made by the officers and employees of the Fund, the investment adviser or other third parties as to any information technology, internal audit and other non-audit services provided by the Auditor to the Fund. The Board of Directors has adopted an Audit Committee Charter and Qualified Legal Compliance Committee If you are a street name shareholder, your broker, bank or Save this link to stay updated on COVID-19 restrictions, Domestic border crossings may be subject to approval, testing and quarantine, If you need help, visit the national COVID-19 website or call the COVID-19 Helpline 800-232-4636. and abstentions will not be counted as votes cast. If you don't already have an account, click the button below to create one. the Board of Directors. Mr.Chang has been Banco Populars Chief Compliance Officer for the Popular Family of Funds and Puerto Rico Looking for alternate routes? The information The Auditor is responsible for planning and carrying out audits and reviews in accordance with professional standards. All the audit and tax services described above for which PwC billed the Fund fees for the fiscal years ended June30, 2021 and June30, 2020 were Each year, the term of office of one Residents Tax-Free Funds and a Manager and Vice President of Populars Corporate Compliance Division since 2007. Managing partner of various special partnerships involved in real estate development. fiscal years ended June30, 2020 and June30, 2021 were $4,160.46 and $52,870.14, respectively. describes the matters to be considered at the Meeting and provides related information, and a Proxy. 2021. related to these Procedures performed on a quarterly basis. Shareholder). re-election as the independent auditors for the Fund. Monthly Income Fund for Puerto Rico Residents, Inc.; and US Mortgage-Backed& Income Fund for Puerto Rico Residents, Inc. (the UBS Family of Funds); and Puerto Rico business on the record date, September7, 2021, you may participate by dialing the telephone number (787) 523-9578 and the access code 699 986 917. (2)Amount for the calendar year ended December31, 2020 and does not include amounts, if any, related to reimbursement for expenses related to attendance at such board Smith, Inc., representing approximately 104 brokerage accounts. to the request of the Independent Directors who serve on the Audit Committee, executive sessions were held throughout the year with EY and Fund management to discuss any concerns the Independent Directors may have had regarding the Fund. The Funds Board of Directors has a separately designated Audit Committee established in accordance with Price last updated on March 21, 2021. Moreover, it is necessary to bear certain risks (such as investment-related risks) to achieve the Funds goals. then serving in such capacity for attendance at such meetings during the fiscal year ended June30, 2021, amounted to $11,000. the power to appoint his or her substitute, and hereby authorizes each of them to represent the undersigned and to vote, as designated on the reverse hereof, all shares of common stock of the Puerto Rico Residents The zoo is open year-round. by PwC for tax compliance, tax advice and tax planning in the form of preparation of excise filings and income tax returns for the fiscal years ended June30,2020 and June30,2021 were $15,602.57 and $7,871.42, respectively. Public notice shall be deemed to have been given more than forty (40)days in advance of the annual meeting, if the Fund shall have previously disclosed, in the Funds By-Laws or otherwise, that the annual meeting in each year is to be held on a determinable date unless and until the Board of Directors determines to hold the meeting on a different date. Popular Securities is located at 209 Muoz Rivera Avenue, Suite 1200, San Juan, Puerto Rico 00918. Pre-Approval Requirements of Affiliates. internal accounting controls and managements responses thereto; to review the form of opinion or report the Auditor proposes to render to the Board and the Funds Any shareholder wishing to participate in the Meeting by means of remote communication can do so. audits performed by the Auditor, nor does the Committees evaluation substitute for the responsibilities of the Funds management for preparing, or the Auditors for auditing, the financial statements. June30, 2021 were pre-approved by the Audit Committee. (a)(1)(iv) of said Item 304). establish and carry out a process for an annual evaluation by the Board of the performance of the Board and its various committees. The Governance Committee has the authority to retain, at the Funds expense, such advisers or experts, Ms.Perez is Vice President Corporate Development Officer of V. Surez& A quorum is the minimum number of shares required to be present at the Meeting to properly hold an annual receipt of the Notice of Annual Meeting of Shareholders to be held on October28, 2021, and the accompanying Proxy Statement. He is 56 years old. Buffalo, New York. 2. ***Affiliated Funds include the UBS Family of Funds and the Co-Advised Family of Funds (as defined above). WITNESS the signature of the Yes. meeting of shareholders and conduct business under the By-Laws and Puerto Rican law. Residents Tax-Free Fund VI, Inc., a Puerto Rico corporation (formerly known as the Puerto Rico Investors Tax-Free Fund VI, Inc. and hereinafter referred to as the Board of Trustees of the University of the Sacred Heart from 2005 to 2019; Member of the Board of Directors of Campofresco Corp. since 2012; former. entitled to receive this notice and vote at the Meeting the shares held of record in their name on such date. You are being asked to consider and vote: To transact such other business as may properly come before the Meeting or any adjournment or postponement The Audit Committee met four (4)times during the fiscal year ended June30, 2021. of the Funds compliance program and reports to the Board regarding compliance matters for the Fund and its service providers. During the period May11, 2021 through June30, 2021, no fees for other products or services Erie to Buffalo train services, operated by Amtrak, depart from Erie Amtrak Station. The Independent Directors do not receive retirement or other benefits as part of their compensation. at any time. The Alternatively, Amtrak operates a train from Erie Amtrak Station to Buffalo Depew Station twice daily. disclosures and the letter required by the Independence Standards Board Standard No. nomination of candidates for Independent Directors, whether proposed to be appointed by the Board or to be elected by shareholders. 1,401,591 Shares were held of record by Merrill Lynch, Fenner& The closest town to the halfway point is Van Buren Bay, NY, situated 46 miles from Erie, PA and 53 miles from Buffalo, NY. And so did Point Mortgage. Basically, I'm wondering if I should just take I Amtrak trains are known for their wide seats, plug-in power, big windows and storage capabilities. the Funds financial statements for the two years ended June30, 2020 and June30, 2019 did not contain an adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting see Security Ownership of Certain Beneficial Owners and Management below for a list of each person or group of affiliated persons known by the Fund to be the beneficial owner of more than 5% of the Funds Shares. public directorships held. It may not be practical or cost effective to eliminate or mitigate certain risks, the processes and controls employed to address certain risks may be limited in their effectiveness, and Fairway America, LLC 16150 SW Upper Boones Ferry Rd. Please prove that you're human. STUCKEY - Jeffrey Glen 64, of Erie, PA, formerly of Buffalo, NY, passed away on Sunday, January 10, 2021. Unless otherwise indicated below, to the Funds knowledge, the persons and entities named in the table have sole voting and sole investment power with respect to COVID-19 Travel restrictions may apply in United States. aggregate compensation from the Fund for the fiscal year ended June30, 2021 in excess of $60,000: (1)Amount for the fiscal year ended June30, 2021. of the nominee(s) on the line below. believes to be reliable and competent in the matters presented; (2)legal counsel, public accountants, or other persons as to matters the Governance Committee member reasonably believes are within the persons professional or expert (80)years of age, or until he or she shall have been removed. As of 2010, the BuffaloNiagara Falls metropolitan area had a population of 1,135,509; the combined statistical area, which adds Cattaraugus County, had a population of 1,215,826 inhabitants. at such meetings held during the fiscal year ended June30, 2021 amounted to $54,000. background, skills, experience, and other attributes in light of the composition of the Board with no particular factor controlling. regulatory filings were $59,985. Directors, including the appropriateness and amount of any special compensation for specific positions or services, and shall recommend any proposed changes in compensation to the Independent Directors as a group. Domestic travel is not restricted, but some conditions may apply. a quorum. At the Meeting: Sign and date the accompanying proxy card sent to you in the mail. How far is it from Erie, PA to Buffalo, NY? 250 Muoz Rivera Avenue, American International Plaza, Penthouse Floors, San Juan, Puerto Rico 00918. she shall have reached eighty (80)years of age, or until he or she shall have been removed. co-advised by UBS Asset Managers and Popular Asset Management, LLC. UBS Financial Services Puerto Rico is located at The Governance Committee shall recommend to the Independent Directors of the Funds the selection and 1987-1992. The most expensive prices can be found in the month of December. Save big with Greyhound cheap bus tickets from $10! quorum is present if two or more candidates compete for the same directorship will be elected. 30 Chance of Rain 2%. The Funds By-Laws require the Fund to indemnify the Directors and Officers to Rome2rio also offers online bookings for selected operators, making reservations easy and straightforward. Inc.; Tax-Free Fixed Income Fund V for Puerto Rico Residents, Inc.; Tax-Free Fixed Income Fund VI for Puerto Rico Residents, Inc.; Tax-Free The Dividend Committee has two members, Messrs. Vila del Corral and Nido, who are Independent Driving distance from Erie County, PA to Buffalo, NY The total driving distance from Erie County, PA to Buffalo, NY is 97 milesor 156 kilometers. The aggregate remuneration by the Fund to the Independent Directors ended June30, 2021. Book your next Greyhound bus from Erie, Pennsylvania to Buffalo, New York. References to the experiences, qualifications, sole or shared voting or investment power with respect to the Funds Shares. Rome2rio has everything you need to know about travelling with Amtrak. determining candidates qualifications for committee membership, the Governance Committee may consider all factors it may determine to be relevant to fulfilling the role of being a member of the committee. Mr.Nido and Mr.Pellot served as a member of the Board of Directors during the fiscal year ended June30, Overnight. News & Publications To elect the nominees listed above as The estimated cost of gas to go from Erie to Buffalo is $10.62. through March5, 2021 (i) there were no disagreements with PwC on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of PwC, RETURNING YOUR PROXY CARD Search Search Adults. representation of securities valuations provided by external pricing sources, particularly where such valuations are not based on prices last quoted in organized markets; For securities valued at fair value as determined in good faith under procedures established by
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