2012-08-30 Police Fund Meetingf �
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OKEECHOBEE POLICE PENSION BOARD SPECIAL MEETING
August 30, 2012
General Fund Meeting called to order by Jamie Mullis at 3:06 PM.
Police Board:
General Board:
Fire Board:
Denny Davis
Jamie Mullis
Billy Douglas
Russ Cale
Linda Tewksbury
Glen Hodges
Bettye Taylor
Kevin Barbour
Mike Skipper
Bill Bartlett
Basil Coule
Ray Worley
Janet McKinley
Daryl Roehm
Melisa Jahner
General meeting discussion reference transferring Fixed Income from Money Manager Bowen Hanes.
General consensus was due to the steady losses in this fund to move it.
Dennis Davis called Police Board meeting to order at 3:20 PM.
Present:
r Dennis Davis, Bettye Taylor, Bill Bartlett, Russ Cale, Ray Worley
Russ Cale made motion to approve minutes from July 2,2012. Bill Bartlett seconded motion. Motion
passed all in favor.
Ray Worley made motion to approve minutes from May 7, 2012. Russ Cale seconded motion. Motion
passed all in favor.
Bill Bartlett made motion to approve expenditures of $6484.79 for Quarter 4/1/2012 thru 6/31/2012.
Bill Bartlett made motion to approve Full Generational RP 2000 mortality Table. Ray Worley seconded it.
Motion passed all in favor.
Ray Worley made motion to authorize Bogdahn to transfer fixed income Portfolio from Investment
Manager Bowen Hanes to 75%Dodge&Cox Income Fund and 25% Pimco Total Return Fund. Russ Cale
seconded motion.
Bill Bartlett made motion to adjourn meeting at 3:30PM. Ray Worley seconded motion. Motion carried.
Bettye aylor-S retary