2011-02-07 Fire Fund Meeting�
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Okeechobee City Firefighters Pension Meeting
February 7, 2011
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Trustees Present: Bill Douglas, Glenn Hodges, Gary Ritter, John Koepke.
A motion was made by Glenn Hodges, second by Gary Ritter, to accept the minutes of November 8,
2010, motion passed.
Attorney Christiansen discusses trustee terms. Also discusses RMLO, a state requirement. Someone will
have to be designated. A motion was made by Gary Ritter, second by John Koepke, to appoint Lane, our
City Clerk, as RMLO officer, motion passed. Attorney Christiansen discusses proposed pension changes
in Florida,.but was dropped.
A motion was made by Glenn Hodges, second by John Koepke, to appoint Micheal Skipper to a four year
term as a firefighter pension trustee, as a fifth member, motion passed.
• The Bogdahn Group discusses Market Enviroment, Bonds, discusses returns from 1926 to 2010.
Bogdahn also reports on a good quarter return. Investment percentage good. Also reports Bowen Hanes
is doing a good job. Market value as of 12/31/10 is $2,497, 380. The linvestment Policy has been
updated. A motion was made by John Koepke, second by Glenn Hodges, to accept the Investment
Policy, motion passed.
Me ing Adjorned
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John Koepke, Chairman
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William Douglas, Secretary
55 S.E. Third Avenue . Okeectiobee, Florida o 34974-2932 . 863-467-1586 . Fax: 863-763-4489