1995-08-09 Police Fund MeetingCITY OF OKEECHOBEE
POLICE PENSION FUND MEETING
AUGUST 09, 1995
firâ–º TRUSTEES' PRESENT: LARRY COONFARE, STEVE PADGETT & JULIAN STINNETT
STEVE PADGETT CHAIRS THE MEETING DUE TO LARRY MOBLEY'S EXCUSED ABSENCE
OTHERS PRESENT: SCOTT CHRISTIANSEN OF CHRISTIANSEN,DEHNER,P.A.,
LEGAL COUNCIL.
MEETING CALLED TO ORDER AT 7:04 P.M.
MOTION BY LARRY COONFARE TO APPROVE THE MINUTES OF THE JUNE 21,, 1995
MEETING. SECONDED BY JULIAN STINNETT. MOTION WAS UANIMOUSLY CARRIED.
SCOTT CHRISTIANSEN GIVES THE BOARD MEMBERS AND PLAN MEMBERS PRESENT...AN
ILLUSTRATION .',OF THE "PICK-UP" PLAN. SCOTT THEN EXPLAINS WHAT THE
"PICK-UP" PLAN IS AND HOW IT WOULD IMPACT MEMBERS EARNINGS AND
SUBSEQUENT RETIREMENT BENEFITS. SCOTT SUGGESTS THAT THE CITY BE
REQUESTED TO IMPLEMENT THE "PICK-UP" PLAN AS STATED IN CITY ORDINANCE.
BOB DELORME, CITY FINANCE DIRECTOR, MEETS WITH SCOTT CHRISTIANSEN SO
"PICK-UP" PLAN CAN BE FURTHER EXPLAINED. IT IS AGREED THAT BOB DELORME
WILL INSTITUTE THE "PICK-UP" PLAN TO BE EFFECTIVE OCTOBER 01, 1995.
MOTION BY LARRY COONFARE TO REQUEST THE CITY TO INSTITUTE THE
"PICK-UP" PLAN AS STATED IN CITY ORDINANCE GOVERNING PENSION PLAN.
SECONDED BY JULIAN STINNETT. MOTION WAS UNANIMOUSLY CARRIED.
MOTION BY LARRY COONFARE TO ADJOURN THE MEETING. SECONDED BY JULIAN
STINNETT. MOTION WAS UNANIMOUSLY CARRIED.
MEETING ADJOURNED AT 7:40 P.M..
POLICE FUND CHAIRM
POLICE FUND SECRET
MEETING CHAIRED BY