2004-08-09 Fire Fund MeetingOkeechobee City Firefighters
Pension Board Meeting
August 9, 2004
Trustees present: Bill Douglas, Glenn Hodges, Herb Smith, John Koepke.
The minutes of the previous meeting were accepted by motion of John Koepke, second
by Herb Smith, motion passed.
Trusco gives report on Market Snapshot, market in July 2004, Performance
Comparisions, Account Activity Summary. Trusco advises they have purchased Seix,
who is an advisor specialist.
Smith Barney discusses money transfer from State Street to Trusco. A motion was made
by Glenn Hodges, second by Herb Smith, to authorize Attorney Christinson to send letter
to try to collect monies, motion passed.
Smith Barney discusses Grade Growth, Relative Value, Mid Cap Equity, Portfolio
Performance.
Theora from Gabriel,Roeder, Smith & Co. discusses Acturial Evaluation with boards.
A motion was made by Glenn Hodges, second by Bill Douglas, to project figures to an
extended time to assist the City in their budgeting, motion passed.
Meeting adjourned,
William Douglas, Secretary