2012-08-30 General Fund Special Meeting�
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CITY OF OKEECHOBEE/OKEECHOBEE UTILITY � ' ' �
AUTHORITY/POLICE/FIRE PENSION BOARDS
SPECIAL MEETING MINUTES, AUGUST 30, 2012
CITY HALL, 55 SE THIRD AVENUE
OKEECHOBEE, FL 34974
TRUSTEE ATTENDANCE:
CITY OF OKEECHOBEE/OUA
POLICE:
FIRE:
OTHERS PRESENT:
Jamie Mullis, Chairperson Melisa Jahner, Secretary
Daryl Roehm Kevin Barbour
Linda Tewksbury
Bettye Taylor, Secretary Bill Bartlett
Chief Davis Russell Cale
Ray Worley
Billy Douglas, Secretary Glen Hodges
Basil Coule, OUA Financial Liaison
Janet McKinley, OUA Financial Liaison
1. CALL TO ORDER SPECIAL MEETING: 3:06 p.m. by Jamie Mullis
2. Discuss options on fixed income managers, Bogdahn Group is recommending we move our fixed income from Bowen & Hanes
to 75% Dodge & Cox and 25% Pimco. All three boards discussed briefly this recommendation and there was a concensus to
move forward with this recommendation.
Chief Davis will meet with Administrator Whitehall to poll the Council for their input on whether they would like to request a
presentation from Attorney Christiansen to update them on the Pension Boards status.
3. Recess from Open Session and Convene in Individual Session at 3:20 p.m.
Jamie moved to move our fixed income from Bowen & Hanes to 75% Dodge & Cox and 25% Pimco; seconded by Melisa. Motion
carried unanimously.
A. Jamie moved to dispense with the reading and approve the minutes for the May 7, 2012; July 2, 2012; & August 6, 2012
Pension Meetings; seconded by Kevin. Motion carried unanimously.
B. Daryl moved to approve. the Financial Reports as presented, Items 1-5 and 7-9; seconded by Jamie. Motion carried
unanimously. Item 6: Linda moved to keep the same officers, Jamie Mullis (Chairperson), and Melisa Jahner (Secretary);
seconded by Kevin. Motion carried unanimously.
C. Unfinished Business or New Items from Board Members. There were none.
D. ADJOURN MEETING: The meeting was adjourned at 3:30 p.m.
Minutes prepared by: Melisa Jahner, Secretary