December 18, 2013

This material was filed under
[ Police/Fire Pension Board of Trustees - Meeting Minutes ]
December 18, 2013

TOWN OF I N D I A L A N T I C
Brevard County, Florida 32903
PENSION BOARD OF TRUSTEES – POLICE/FIRE
MINUTES 14-01
December 18, 2013 4:00 PM

PRESENT: Gerald Kowalski, Chairman
Sgt. Mike Casey, Secretary
Sgt. Michael Connor, PD Member
Bruce Bogert, Member
Laura Eaton, Secretary

ABSENT: Michael Humphrey, Fire Dept. Member

I. CALL TO ORDER AT 4:00 P.M.

Chairman Kowalski called the meeting to order at 4:05 pm.

II. APPROVAL OF MEETING MINUTES
A. Minutes 13-04, July 25, 2013

Mr. Bogert moved to approve the minutes. Sgt. Casey seconded. Motion carried unanimously.

III. ACCEPTANCE OF THE 4TH QUARTER PERFORMANCE REPORT FROM THE BOGDAHN GROUP

Mr. Bogert moved to approve the 4th quarter performance report. Sgt. Casey seconded. Motion carried unanimously.

IV. ACCEPTANCE OF ACTUARIAL REPORT FOR FY-13

Sgt. Casey moved to accept the actuarial report for FY-13. Mr. Bogert seconded. Motion carried unanimously.

V. OTHER BUSINESS
A. Approval of invoice for 3rd quarter fees from Salem Trust Company in the amount of $1,125.00
B. Approval of invoice #1739 from Integrity Fixed Income in the amount of $1,215.77
C. Approval of invoice #72084 from Attorney Jensen in the amount of $1,022.20
D. Approval of invoice #9398 from The Bogdahn Group in the amount of $3,875.00
E. Approval of invoice #72032 from Attorney Jensen in the amount of $909.45
F. Approval of invoice #71967 from Attorney Jensen in the amount of $879.00
G. Approval of invoice #5601 from Foster & Foster in the amount of $6,593.00

Mr. Bogert moved to approve items A through G. Sgt. Connor seconded. Motion carried unanimously.

H. Memo from 10/26/13 from Attorney Jensen relating to fee increase
Mr. Bogert moved to approve the proposed fee increase from Attorney Jensen. Sgt. Casey seconded. Motion carried unanimously.

I. Bank statements July-September 2013 – presented for informational purposed.

VI. PUBLIC COMMENT

The Board received the meeting schedule for FY-14.

VII. ADJOURMENT

Sgt. Casey moved to adjourn at 4:15 pm. Mr. Bogert seconded. Motion carried unanimously.

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Gerald Kowalski, Chairman

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Laura Eaton, Recording Secretary