2000-05-10 General Fund MeetingCITY OF OKEECHOBEElOKEECHOBEE UTILITY AUTHORITY
GENERAL EMPLOYEE PENSION PLAN
Trustee Meeting
May 10, 2000
Minutes
Meeting called to order at 7:00pm
General Employees Trustees Present: L.C. Fortner Jr., Jerry O'Bannon, Roger Jones,
Doug Wyatt, Teresa Suarez.
Others Present: Scott Christiansen
John Flagel Aria T1`0_�
Ernie Mahler
Jim Paul
Trustees of Police Plan
Trustees of Fireman Plan
Motion by Jerry O'Bannon, seconded by Roger Jones to elect Doug Wyatt for Secretary. Motion
carried.
Motion by Jerry O'Bannon, seconded by Roger Jones to approve the February 9, 2000 minutes.
Motion carried.
Motion by Jerry O'Bannon, seconded by Doug Wyatt, to allow additional flexibility concerning
the investment of funds. Motion carried.
Motion by Jerry O'Bannon, seconded by Doug Wyatt to approve expenses and new members.
Motion carried.
John Flagel of Invesco discussed the quarter reports with the trustees.
Trustees listened to Ernie Mahler from Salomon Smith Barney's evaluation of performance and
signed an agreement for Diversification.
With no other business to discuss the board members left the meeting at 8:30 pm
Respectfully submitted,
Dougyatt, Sec tarry
CITY OF OKEECHOBEE/OKEECHOBEE UTILITY AUTHORITY
GENERAL EMPLOYEE PENSION PLAN
Trustee Meeting
June 30th, 2000
Minutes
Meeting called to order at 4:00 pm
General Employees Trustees Present: L.C. Fortner Jr., Doug Wyatt, Teresa Suarez.
Trustees discussed the need to appoint a different custodian to replace Wachovia.
Motion made by Doug Wyatt, seconded by Teresa Suarez to accept State Bank as the new Custodian.
Motion carried.
With no other business to discuss die board members left the meeting at 4:30 pm.
Respectfully submitted,
Doug :yvatt, Sec tary