2008-08-11 Fire Fund Meeting�
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Okeechobee City Firefighters
Pension Board Meeting
August 11 �', 2008
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Trustees Present: Bill Douglas, John Koepke, Brook Conway, Gary Ritter.
A motion was made b�y Brook Conway, second by Gary Ritter, to accept the minutes of
the meeting of May 12 , 2008, motion passed.
The Bogdahn Group Gives information on the companies presenting today. T'hey are
Trusco, Westend, Bowen Hanes.
Westend gives presentation to boards, their history, investment style. Trusco gives
presentation, and Bowen Hanes.
The Bogdahn Group discusses the performance of all three companies.
After discussion among the boards, Brook Conway makes a motion to retain Bowen
Hanes, second by Gary Ritter, motion passed.
A motion was made by John Koepke not to expect a 7% return this year, but to expect
7% over the long term, second by Bill Douglas, motion passed.
Trustee John Koepke nees to be re-appointed for a new term by the City Council.
A motion was made by Bill Douglas, second by Gary Ritter, to re-appoint Brook
Conway to a 2 year term from 10/1/08 to 10/1/10, motion passed.
Officers to be elected at the next board meeting.
Meeting Adjorned.
John Koepke, Chairman
William Douglas, Secretary
55 S.E. Third Avenue o Okeechobee, Florida o 34974-2932 0 863-467-1586 o Fax: 863-763-4489