1999-08-11 General Fund MeetingCITY OF OKEECHOBEE/OKEECHOBEE UTILITY AUTHORITY
GENERAL EMPLOYEE PENSION PLAN
Trustee Meeting August 11, 1999
Minutes
General Employees Trustees Present: Roger Jones, Ricky Bonell and L. C. Fortner, Jr.
Others Present: Ernie Mahler - Smith Barney
Tom Horkan - Invesco
Scott Christiansen - Christiansen, Definer, PA.
Tom Horkan of Invesco gave a brief summary of each of the portfolios and answered questions
from the trustees and attorney.
Ernie Mahler of Smith Barney gave a brief summary of his review of the investments by Invesco.
Following their reports Tom Horkan and Ernie Mahler left the meeting.
General Employee Trustees reviewed the minutes of the February 10, 1999 Meeting. Motion by
Ricky Bonnell, Second by Roger Jones to approve the minutes of the February 10, 1999 meeting
as printed. Motion carried.
General Employee Trustees reviewed the expenses, prepared by Jim Paul, for the period ending
May 7, 1999. Motion by Ricky Bonnell, second by Roger Jones, to approve the expenses as
presented; the new members, terminated members and newly retired members. Motion carried.
With no other business the meeting adjourned with the next meeting scheduled for November 10,
1999.
Respectfully submitted,
Landon C. Fortner, Jr. Chairman