2013-05-06 Police Fund Meeting� CITY OF OKEECHOBEi
POLICE PENSIQN BOARDS
Meeting 5/�f2013
• Okeechobee Police Department
50 SE 2"d Ave
OKEECHOBEE, FL 34974
TRUSTEE ATTENDANCE:
POLICE: Chief Davis, Chairperson Bettye Taylor, Secretary
Bill Bartlett Ray Worley
1. CALL TO ORDER REGULAR MEETING: 12:55 PM by Dennis Davis
2. Bill Bartlett moved to approve minutes from February 4, 2013 meeting. Seconded by Ray Worley. Motion carried unanimously.
3. Bill Bartlett moved to approve Treasury Report for 2°d Quarter. Seconded by Ray Worley. Motion carried unanimously.
4. Ray Worley moved to approve Auditors Report submitted by Jay McBee. Seconded by Bill Bartlett. Motion carried unanimously.
5. Ray Worley moved to approve authorizing Bogdahn Group to research and submit for review Proposals for Intemational
Investments Manager for the Police Portfolio. Seconded by Bill Bartlett. Motion carried unanimously.
6. Ray Worley moved to approve the Ordinance Submitted by Scott Christiansen to address the changed definition of Credited
Service and Maximum Pension to comply with recent changes to the Internal Revenue code. It is understood there is no
actuarial cost due to this Ordinance. Bill Bartlett seconded. Motion carried unanimously.
7. Ray Worley moved to approve Addendum to the Board's Operating Rules and Procedures to reflect the addition of date of birth
as being part of an exempt record per Florida State Statute 119.071. Bill Ba�lett seconded motion. Motion carried
unanimously.
8. NEW BUSINESS:
• a. Discussion of the seeking of new managers as proposed by Jack Evatt of Bogdahn Company. Decided to table
discussion until after next meeting.
9. Bettye Taylor moved to adjoum Meeting at 1:20 PM. Seconded by Ray Worley. Meeting adjoumed.
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�ettye Tay�or-Secreta'ry
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