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2014-11-03 Police Fund MeetingCITY OF OKEECHOBEE POLICE PENSION BOARD Meeting November 3, 2014 Okeechobee Police Department 55 SE 3rd Ave OKEECHOBEE, FL 34974 TRUSTEE ATTENDANCE: POLICE: Present: Bettye Taylor, Secretary Bill Bartlett Ray Worley Absent: Dennis Davis Jack Boon 1. CALL TO ORDER REGULAR MEETING: 6:00 PM by Denny Davis. 2. Ray Worley moved to dispense with reading and approve minutes from August 4 ,2014. Seconded by Bill Bartlett. Motion carried unanimously. 3. Bill Bartlett moved to approve Treasury Report for 4th Quarter. Seconded by Jack Boon. Motion carried unanimously. 4. New Business: Motion made to move funds from Pimco Fund to Dodge and Cox Fund due to changes in administration at recommendation of Consultant Jack Evatt of Bogdahn Group by Bill Bartlett, seconded by Ray Worley. Motion carried unanimously. Motion to approve meeting dates as presented by Attorney Scott Christiansen by Jack Boon seconded by Ray Worley motion carried unanimously. Motion to accept new member Aurelio Almazan by Jack Boon, seconded by Bill Bartlett. Motion carried unanimously. Motion to approve for Attorney Scott Christiansen to update Summary Plan by Bill Bartlett, seconded by Ray Worley. Motion carried unanimously. Motion to approve the Operating Rules Plan Letter #2 to the City Councilmen by Jack Boon seconded by Ray Worley. Motion carried unanimously. Motion to approve additional fees to GRS fees to do additional work as mandated by the STATE for additional disclosure requirements by Ray Worley seconded by Bill Bartlett, Motion passed after discussion of all the fees the board is currently be hit with from all the different consultants. Jack Boon moved to adjourn meeting at 6:05 Pm. 2°d by Ray Worley. Motion carried. Prepared by: Bettye Taylor -Secretary CITY OF OKEECHOBEE POLICE PENSION BOARD Meeting November 3, 2014 Okeechobee Police Department 55 SE 3rd Ave OKEECHOBEE, FL 34974 TRUSTEE ATTENDANCE: POLICE: Present: Bettye Taylor, Secretary Bill Bartlett Ray Worley Absent: Dennis Davis Jack Boon 1. CALL TO ORDER REGULAR MEETING: 6:00 PM by Denny Davis. 2. Ray Worley moved to dispense with reading and approve minutes from August 4 ,2014. Seconded by Bill Bartlett. Motion carried unanimously. 3. Bill Bartlett moved to approve Treasury Report for 4th Quarter. Seconded by Jack Boon. Motion carried unanimously. 4. New Business: Motion made to move funds from Pimco Fund to Dodge and Cox Fund due to changes in administration at recommendation of Consultant Jack Evatt of Bogdahn Group by Bill Bartlett, seconded by Ray Worley. Motion carried unanimously. Motion to approve meeting dates as presented by Attorney Scott Christiansen by Jack Boon seconded by Ray Worley motion carried unanimously. Motion to accept new member Aurelio Almazan by Jack Boon, seconded by Bill Bartlett. Motion carried unanimously. Motion to approve for Attorney Scott Christiansen to update Summary Plan by Bill Bartlett, seconded by Ray Worley. Motion carried unanimously. Motion to approve the Operating Rules Plan Letter #2 to the City Councilmen by Jack Boon seconded by Ray Worley. Motion carried unanimously. Motion to approve additional fees to GRS fees to do additional work as mandated by the STATE for additional disclosure requirements by Ray Worley seconded by Bill Bartlett, Motion passed after discussion of all the fees the board is currently be hit with from all the different consultants. 5. Jack Boon moved to adjourn meeting at 6:05 Pm. 2°d by Ray Worley. Motion carried. Prepared by: Bettye Taylor -Secretary