July 25, 2013

This material was filed under
[ Police/Fire Pension Board of Trustees - Meeting Minutes ]
July 25, 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 13-04
July 25, 2013 10:00 AM

PRESENT: Gerald Kowalski, Chairman
Sgt. Mike Casey, Secretary
Sgt. Michael Connor, PD Member
Michael Humphrey, Fire Dept. Member
Bruce Bogert, Member
Bonni S. Jensen, Esq.
Dan Johnson, The Bogdahn Group

I. CALL TO ORDER AT 10:00 A.M.

Chairman Kowalski called the meeting to order at 10:15 am.

II. APPROVAL OF MEETING MINUTES
A. Minutes 13-03, April 25, 2013

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

III. REPORT FROM BOGDAHN GROUP
A. Acceptance of the 3rd Quarter Performance Report

Mr. Bogert moved to accept the report as presented. Sgt. Connor seconded. Motion carried unanimously.

B. Update regarding the fund change processed during the quarter
C. Update regarding Salem Trust system migration

Mr. Johnson updated the Board on the system migration and fund changes. Sgt. Casey moved to approve the readjustment of funds. Mr. Bogert seconded. Motion carried unanimously.

IV. OTHER BUSINESS
A. Approval of invoice #9061 from The Bogdahn Group in the amount of $3,875.00
B. Approval of invoice #71761 from Attorney Jensen in the amount of $2,132.70
C. Approval of invoice #71800 from Attorney Jensen in the amount of $57.80
D. Approval of invoice #1705 from Integrity Fixed Income in the amount of $1,138.42

Mr. Bogert moved to approve items A-D for payment. Sgt. Connor seconded. Motion carried unanimously.

E. Acceptance of Thomas Flamm into the pension plan

Mr. Bogert moved to accept Mr. Flamm into the pension plan. Mr. Humphrey seconded. Motion carried unanimously.

F. Pension Disclosure Amendments – Attorney Jensen – No action taken.

G. Proposed Amendment to Sec. 2-228 – Attorney Jensen

Mr. Bogert moved to accept the proposed amendment to Sec. 2-228. Sgt. Casey seconded. Motion carried unanimously.

H. FYI – Bank Statements April 2013-June 2013

V. ADJOURMENT

The Board adjourned at 10:55 a.m.

__________________________________
Gerald Kowalski, Chairman

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Laura Eaton, Recording Secretary