1994-07-18 Fire Fund MeetingCity of Okeechobee
Fire Department
Firefighters Pension
Board Meeting, July 18,1994
Trustees pres.ent; Bill Douglas, Rick Holt, Jeff Varri, John Koepke.
Meeting called to order at 7:OOpm.
A motion was made. by Jeff Varri,second by Bill Douglas, to accept
the minutes of the meeting of March 24, 1994, motion passed.
A motion was made by Bill Douglas,second by Jeff Varri,to accept
two n.ew.members,Gienn Hodges and Phillip Conroy, motion passed.
A motion was made by Jeff Varri,second by Bill Douglas,to accept
termination refunds of $5,184.42 for Charles McElheny, Gerald
Williams. To accept expenses of $701.84 tram
Christianson ,Dehner,Attorney,Invesco, $875.01, DiBartollomeo,McBee
& Sloan,$994.34, motion passed.
The Shearson representative explains to all boards the investment
evaluation booklet for March 31, 1994.
The representative form Invesco explained the investment review
to all boards for June quarter 1994.
Attorney Christianson reviews events that have occured since our
last meeting,inciuding contracts,Summary Plan. The Operating
Procedures document needs to be on the next meeting's agenda. He
also needs a fee schedule from Nationsbank. A new contract is
needed for Invesco and Nationsbank. The attorney will take care of
this. He advises that an Investment Policy needs to state what
items can be invested in and what cannot by law. He will contact
Shearson for these changes.
Meeting adjourned at 8:45.
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William Dougla.,Secretary
Rick "4 ,C airman
55 S.E. Third Avenue • Okeechobee, Florida 34974 -2932 • 913/793 -4423