2011-11-07 Fire Fund Meeting•
\J
\��.OF• k
_ ? City of Okeechobee
�LL � n�
a
d�
�'� /915 a
Okeechobee City Firefighters
Pension Board Meeting, November 7, 2011
Q� "�(
� `� ��
�ire I)epartment ��,�
Trustees Present: Bill Douglas, Gary Ritter, Glenn Hodges, Mike Skipper.
A motion was made by Mike Skipper, second by Gary Ritter, to accept the minutes of the meeting on
August 8, 2011, motion passed.
A motion was made by Bill Douglas, second by Mike Skipper, to approve fee not to exceed $2,100.00 for
audit, motion passed. This will be done by Dibartolomeo, McBee, Hartley and Barnes. Attorney
Christiansen will check letters before the board signs from this company.
Bowen Hanes discusses returns, loss and gains. Market is up and down. Discusses countries that have
defaulted recently. Discusses Bond Portfolio.
The Bogdahn Group discusses returns. It was a difficult quarter. They will have a new rep at the next
meeting. Discusses Market Enviroment. Discusses upcoming legislation on Health Care. Discusses Major
Market Index Performance. Discusses Bond Sector, Asset Allocation.
Meeting dates for 2012- Feb.6`h, May 7th, August 6�', November 5tn
Attorney Christiansen reminds trustees to do their Financial Statements. Also advises of new legislation
coming up in Tallahassee, House Bill #365.
Meeti g Adjorned.
�
hn Koepke, Chairman
'�J���>-'L7� �\ \
William Douglas, Secretary
55 S.E. Third Avenue . Okeechobee, Florida . 34974-2932 . 863-467-1586 . rax: 863-763-4489