2023-08-30 Item 6.b_Warrant Register 2023-08-07_Firefighters FundOkeechobee Municipal Firefighters' Pension Fund
Warrant - Payment of Invoices
August 7th, 2023
TO: Salem
Trust
FROM: Board of Trustees
This Warrant serves as authorization to transfer the specified funds from Salem Trust Account
to pay the
persons named below hereby certified by the Board as due payments.
Account Description
Name Amount
Disbursement Date
Administrator
Resource Centers, LLC
$637.61
5/10/2023
Invoice #20074; May 2023 Admin Fees
Investment Consultant
Andco Consulting, LLC
$3,875.00
5/10/2023
Invoice 43948, services for QE 03/31/23
Administrator
Resource Centers, LLC
$637.61
6/9/2023
Invoice #20136; June 2023 Admin Fees
Auditor
Dibartolomeo, McBee, Hartley & Barnes
$3,700.00
6/9/2023
Invoice 90092453 dated 05/18/23
Attorney
Sugarman, Susskind, Braswell & Herrera
$7,791.40
6/9/2023
Invoice 178645 dated 05/17/23
Administrator
Resource Centers, LLC
$637.61
7/20/2023
Invoice #20196; July 2023 Admin Fees
Investment Consultant
Andco Consulting, LLC
$4,875.00
7/20/2023
Invoice 44773, services for QE 06/30/23
Actuary
Gabriel, Roeder, Smith & Company
$12,437.00
7/20/2023
Invoice 479786 dated 07/05/23
Custodian
Salem Trust Company
Fees for QE 12/31/22
$1,375.00
Prepaid
Fees for QE 03/31/23
$1,375.00
Prepaid
Fees for QE 06/30/23
$1,375.00
Prepaid
TOTAL:
$38,716.23
Dated this 7th Day of August,
2023.
TRUSTEE
TRUSTEE
THE "3ZNSIO T RESOURCE CENTER, LLC
j 4360 Northlake Boulevard, Suite 206 ❖ Palm Beach Gardens, FL 33410
Phone (561) 624-3277 ❖ Fax (561) 624-3278 ❖ www.RESOURCECEN ERS.COM
V7A EMR.IL: salemogs2tmico.com
May 10, 2023
S-I-!m Trust CeL mLpa,ay- A Division of TMI Trust Ccrnpany
1715 N Westshore Blvd.
Suite 750
Tampa, FL 33607
RE: Okeechobee Municipal Firefighters' Pension Fund
Disbursement Request - Accounts Payable
Dear Mallory:
As you know, our office serves as the administrator for the Okeechobee Municipal
Firefighters' Pension Fund. The Trustees approved and will ratify the payment of the
attached invoices. Please process the following disbursements accordingly:
• $637.61 payable to Resource Centers, LLC Administrative Fees for May 2023
invoice #20074. Please make check payable to:
Resourc C�nters® UC
4360 Northlake Blvd., Suite 206
Palm Beach Gardens, FL 33410
• ''3®S75.0 payable to AndCo Consulting LLC., services through 03/31/23,
invoice 43948. Please mail the check to:
AndCo
531 W. Morse Blvd., Suite 200
Winter Park, FL. 32789
If you have any additional questions regarding these disbursements, please do not
hesitate to contact our office at 561-624-3277. Thank you.
Sincerely,
Kyle Tintle
Administrator
M
Resource Cen7l.crs, LL�
431.�® Northlake Blvd., Bmilte 26 i
r• V n L iacn Gar,',-, Js, FL 331.10
Bill To
Okeechobee Municipal Firefighters'
Pension Fund
Invoice
Date
Invoice #
5/1/2023
20074
Tax ID
Pension Resource Center 36-4504183
Resource Centers 87-0800468
Description
Qty
Rate
Amount
Okeechobee Municipal Firefighters' Pension Monthly Administrator
637.61
637.61
Fee for May 2023
Total Amount L, $637.61
Mail Payments to:
Resource Centers, LLC at Palm Beach Gardens address above.
If you have any questions concerning this invoice, please contact Michael Burr at Resource Centers, LLC
Phone 561.459.2985 or email - michael@resourcecenters.com
Andr.o Consulting, P-LC
531 W Morse Blvd Ste 200
Winter Park, FL 32789
844-442-6326
ar@andcoconsulting.com
INVOICE
DILL Tr-- i I\+'=E 43948
Kyle Tintle D,8,TE 03/15/2023
Okeechobee Firefighters Pension
DESCRIPTION A vi dy =,T
Consulting Services and Performance Evaluation, Billed Quarterly (January, 2023) 1,291.67
Consulting Services and Performance Evaluation, Billed Quarterly (February, 2023) 1,291.67
Consulting Services and Performance Evaluation, Billed Quarterly (March, 2023) 1,291.66
-.ijr hmrtrmdmi,iI cnn pn-id- acdlmcr epi-e. 1`lhr; s-c t+our i,c-a I�c�2 �t 39 ^ 'SCE a „E 39 815.00
9 ;HLL LI fll Iwjlcll�l�
P=,vj7e'I cf "1
THE PENSION RESOURCE CENTER, LLC
4360 Northlake Boulevard, Suite 206 •:- Palm Beach Gardens, FL 33410
Phone (561) 624-3277 ❖ Fax (561) 624-3278 ❖ www.RESOURCECENTERS.COM
VIA EMAIL: salemops@tmico.com
June 9, 2023
Salem Trust Company- A Division of TMI Trust Company
1715 N Westshore Blvd.
Suite 750
Tampa, FL 33607
RE: Okeechobee Municipal Firefighters' Pension Fund
Disbursement Request - Accounts Payable
Dear Mallory:
As you know, our office serves as the administrator for the Okeechobee Municipal
Firefighters' Pension Fund. The Trustees approved and will ratify the payment of the
attached invoices. Please process the following disbursements accordingly:
• $637.61 payable to Resource Centers, LLC Administrative Fees for June 2023
invoice #20136. Please make check payable to:
Resource Centers, LLC
4360 Northlake Blvd., Suite 206
Palm Beach Gardens, FL 33410
$3,700.00 payable to Dibartolomeo, McBee, Hartley & Barnes, PA Auditing
Services regarding FYE 09/30/23 financial statements, invoice 90092453.
Please mail the check to:
Dibartolomeo, McBee, Hartley & Barnes, PA
2222 Colonial Road, Suite 200
Fort Pierce, FL 34950
$7,791.40 payable to Sugarman, Susskind, Braswell & Herrera services
rendered regarding merger amendments, invoice 178645 dated 05/17/23.
Please mail check to:
Sugarman, Susskind, Braswell & Herrera
150 Alhambra Circle, Suite 725
Coral Gables, FL 33134
If you have any additional questions regarding these disbursements, please do not
hesitate to contact our office at 561-624-3277. Thank you.
Sincerely,
Kyle Tintle
Administrator
�unm
Bill To
Resource Centers, LLC
4360 Northlake Blvd., Suite 206
Palm Beach Gardens, FL 33410
Okeechobee Municipal Firefighters'
Pension Fund
Invoice
Date Invoice #
6/1/2023 20136
Tax ID
Pension Resource Center 36-4504183
Resource Centers 87-0800468
Description
Qty
Rate
Amount
Okeechobee Municipal Firefighters' Pension Monthly Administrator
Fee for June 2023
637.61
637.61
Total Amount Due $637.61
Mail Payments to:
Resource Centers, LLC at Palm Beach Gardens address above.
If you have any questions concerning this invoice, please contact Michael Burr at Resource Centers, LLC
Phone 561.459.2985 or email - michael@resourcecenters.com
Dibartolomeo, McBee, Hartley & Barnes, PA
2222 Colonial Road, Suite 200
Fort Pierce, FL 34950
Tel: 461-8833
Fax: (772) 461-8872
Okeechobee Firefighters' Pension Trust Fund
c/o The Resource Centers - Kyle Tintle
4360 Northlake Blvd., Suite 206
Palm Beach Gardens, FL 33410
May 18, 2023
Invoice: 90092453
Services rendered regarding audit of the financial statements for the year $3,700.00
ended September 30, 2022.
Invoice Total $3,700.00
SUGARMAN, SUSSKIND, BRASWELL & HERRERA
PROFESSIONAL ASSOCIATION
ATTORNEYS AT LAW
Robert A. Sugarman*
Howard S. Susskind
D. Marcus Braswell, Jr.
Pedro A. Herrera
Kenneth R. Harrison, Sr.
Madison J. Levine
Jose Javier Rodriguez
David E. Robinson
Of Counsel
Madison J. Levine
i5o Alhambra Circle
Suite 725
Coral Gables, Florida 33134
(305) 529-2801
Toll Free (800) 329-2122
Facsimile (305) 447-8115
♦ Board Certified Labor &
Employment Lav<yer
May 17, 2023
City of Okeechobee Firefighters Pension Fund
J. Scott Baur
Pension Resource Center
4360 Northlake Boulevard, Suite 206
Palm Beach Gardens, FL 33410
CURRENT FEES:
CURRENT COSTS:
PREVIOUS BALANCE:
PAYMENTS RECEIVED:
7,791.40
0.00
1,529.60
1,529.60-ck#7508
TOTAL AMOUNT DUE: 7,791.40
SUGARMAN, SUSSKIND, BRASWELL & HERRERA, P.A.
150 Alhambra Circle
Suite 725
Coral Gables, Florida 33134
Telephone: 30 5-529-2801
Fax: 305-447-8115
www.sugarmansusskind.com
City of Okeechobee Firefighters Pension Fund
J. Scott Baur
Pension Resource Center
4360 Northlake Boulevard, Suite 206
Palm Beach Gardens, FL 33410
May 17, 2023
Invoice # 178645
Client:Matter CD-OKEF
Amount
Previous balance $956.00
4/24/2023 Payment - Thank You. Check No. 7508 ($956.00)
Total payments and adjustments ($956.00)
Balance due $0.00
Client:Matter CD-OKEF:MEET
In Reference To: Meetings
Amount
Previous balance $573.60
4/24/2023 Payment - Thank You. Check No. 7508 ($573.60)
Total payments and adjustments ($573.60)
Balance due $0.00
Client:Matter CD-OKEF:MERG
City of Okeechobee Firefighters Pension Fund
In Reference To: Merger
Professional Services
4/6/2023 Review plan document and compare to police plan document for purposes of
preparing merger amendments. Draft merger ordinance.
4/7/2023 Review plan document and compare to police plan document for purposes of
preparing merger amendments. Draft merger ordinance.
4/14/2023 Draft merger ordinance.
4/17/2023 Review plan document and compare to police plan document for purposes of
preparing merger amendments. Draft merger ordinance.
4/19/2023 Review and edit merger ordinance
For professional services rendered
Balance due
Page 2
Hrs/Rate Amount
3.50 $1,673.00
$478.00/hr
4.50
$2,151.00
$478.00/hr
5.00
$2,390.00
$478.00/hr
3.00
$1,434.00
$478.00/hr
0.30
$143.40
$478.00/hr
713.3U 4�(,IyJIAU
$7, 791.40
= TIDE PENSION RESOURCE CENTER, LLC
a6_
t_ 4360 Northlake Boulevard, Suite 206 ❖ Palm Beach Gardens, FL 33410
Phone (561) 624-3277 •3 Fax (561) 624-3278 w,RESOURCECENTERS.COM
VIA E, ,AIL® salernops@tmico.com
July 20, 2023
Salem Tru:,t Company- A DlvL;1on of To JI Trust Cori,)any
1715 N Westshore Blvd.
Suite 750
Tampa, FL 33607
RE: Okeechobee Municipal Firefighters' Pension Fund
Disbursement Request - Accounts Payable
Dear Mallory:
As you know, our office serves as the administrator for the Okeechobee Municipal
Firefighters' Pension Fund, The Trustees approved and will ratify the payment of the
attached invoices. Please process the following disbursements accordingly:
• $637.61 payable to Resource Centers, LLC Administrative Fees for July 2023
invoice #20196. Please make check payable to:
Resource Centers, LLC
4360 Northlake Blvd., Suite 206
Palm Beach Gardens, FL 33410
• Y,7m® payable to AndCo Consulting, LLC„ services through 06/30/23,
invoice 44773. Please mail the check to:
.FandCo
531 W. Morse Blvd., Suite 200
Winter Park, FL. 32789
• �r12,z7?7a00 payable to Gabriel, Roeder, Smith & Company, Actuarial
Services through QE 06/30/23, invoice 479786 dated 07/05/23. Please mail
the check to:
Gab6,lei koeder Srnhch & Company
One East Broward Blvd, Suite 505
Ft, Lauderdale, FL 33301-1804
If you have any additional questions regarding these disbursements, please do not
hesitate to contact our office at 561-624-3277. Thank you.
Sincerely,
Kyle Tintle
Administrator
Resource Centers, LLC
4360 N®rthlake Blvd., Suite 206
� 9 � j Penn Beach Gardens, FL 33410
Invece
Date Invoice -#
7/1/2023 20196
Description
Qty
Rate
Amount
Okeechobee Municipal Firefighters' Pension Monthly Administrator
Fee for July 2023
637.61
637.61
AmountTotal
Mail Payments to:
Resource Centers, LLC at Palm Beach Gardens address above.
If you have any questions concerning this invoice, please contact Michael Burr at Resource Centers, LLC
Phone 561.459.2985 or email - michael@resourcecenters.com
AndCo Consulting, LLC
531 W Morse Blvd Ste 200
Winter Park, FL 32789
844-442-6326
ar@andcoconsuIting.com
D ILL --,3
Kyle Tintle
Okeechobee Firefighters Pension
DESC RIPT ION
Consulting Services and Performance Evaluation, Billed Quarterly (April, 2023)
Consulting Services and Performance Evaluation, Billed Quarterly (May, 2023)
Consulting Services and Performance Evaluation, Billed Quarterly (June, 2023)
fici,,010E
DATI
44773
06/30/2023
AMOUNT
1,541.67
1,541.67
1,541.66
Contract amended during current period with an effective date prior to this period. Retro for Q1 250.00
2023 March Fee increase per executed contract $250.00
II1 uri ncr F_b11 _.0�D-,c.. .,mI�-ce se^,j ce If thi_ r,.I._p�IDrr t.p_ 1.nl--. e
i�
.i�,v _ a C77e
Rae I as1
R 95-4.527.9 E6 F- 954.525.0 83 f
July 5, 2023
Mr. Scott Baur
Plan Administrator
Pension Resource Center, LLC
4360 Northlake Boulevard, Suite 206
Palm Beach Gardens, Florida 33410
Re: City of Okeechobee Firefighters' Retirement System
Dear Scott:
Please find enclosed a copy of our Statement for Services rendered on behalf of the City of Okeechobee
Firefighters' Retirement System.
Our Statement in the amount of $12,437 covers professional actuarial and consulting services
rendered on behalf of the Board of Trustees during the quarter ended June 30, 2023.
Please include a copy of the Statement with your payment to the address shown at the top of the
Statement — Please Remit To.
If you should have any questions concerning the above, please do not hesitate to contact us.
Sincerest regards,
Gabriel, Roeder, Smith & Company
w C 40vz�-jztd
Jennifer M. Borregard, E.A.
Consultant and Actuary
Enclosure
i
IGRS G� hr. L.], F�J_G & Cimpal jy
¢ One East Broward Blvd.
Suite 505
Ft. Lauderdale, Florida 33301-1804 Invoice
(954) 527-1616
7/5/2023 479786
City of Okeechobee Firefighter's Pension Plan Dept. # 78009
Resource Centers, LLC Gabriel, Roeder, Smith & Company
Attention: Mr Scott Baur, Pension Administrator PO Box 78000
4360 Northlake Blvd., Suite 206 Detroit, Michigan 48278-0009
Palm Beach Gardens, Florida 33410
38-1691268
Professional actuarial and consulting services as provided under our Actuarial Services
Agreement dated November 8, 2010 as amended February 5, 2018.
FIXED -FEE SERVICES for the quarter ended June 30, 2023 including: 2,010.00
- Completion and delivery of the October 1, 2022 Actuarial Valuation (4/24) including
attendance at Board meeting to present key Financial results (5/1)
SPECIAL CONSULTING SERVICES rendered during the quarter ended June 30, 2023:
- Preparation and delivery of Government Accounting Standards Board (GASB) 67
2,352.00
Actuarial Information (4/24)
- Preparation and delivery of Government Accounting Standards Board (GASB) 68
2,413.00
Actuarial Information (4/24)
- Required upload of October 1, 2022 Actuarial Valuation results (140 fields) along with
604.00
electronic copy of Actuarial Valuation Report to State portal (5/3)
- Preparation and delivery of October 1, 2022 Chapter 112.664 Compliance Report
3,379.00
including required upload to the State's online portal (6/2)
- Actuarial assistance with proposed stipend / reserve fund
1,679.00
Av a®un", rue
PLEASE INDICATE THE INVOICE NUMBER ON YOUR REMITTANCE. THANK YOU.
Page 1 of 1
Sr
SALEM TRUST
The Resource Centers, LLC
Scott Baur
4360 Northlake Blvd., Suite 206
Palm Beach Gardens, FL 33410
scott(a)resourcecenters.com
kyle(cDresou rcecenters.com
paymentg roup(a)resourcecenters. com
Fee Advice for Period
Total Market Value for Fund:
Detail of Calculation:
Market Value
$4,216,177.78
C 0 K4 P _1 N Y
A ru l,ki M rnr 7-1 CFInLI-W
October 1, 2022
$4,216,177.78
Basis Point Rate
0.0006
January 13, 2023
Fee A/C# M44560
Okeechobee Fire
to December 31, 2022
BPs Annual Fee Quarterly Fee
$2,529.71 $632.43
Minimum Fee $742.57
TOTAL FEE $1,375.00
These fees will automatically be charged to your account.
If you have any questions, please contact Inez Garcia at 813.288.4990.
1715 N. WESTSHORE BLVD., SUITE 750 TAMPA, FL 33607 TEL (877) 382-5268 FAX (813) 301-1295
www.salemtrust.com
Sr
SALEM TRUST
The Resource Centers, LLC
Scott Baur
4360 Northlake Blvd., Suite 206
Palm Beach Gardens, FL 33410
scott(a)resourcecenters.com
kyle(cDresou rcecenters.com
paymentg roup(a)resourcecenters. com
Fee Advice for Period
Total Market Value for Fund:
Detail of Calculation:
Market Value
$4, 361, 778.44
C 0 K4 P _1 N Y
A ru l,ki M rnr 7-1 CFInLI-W
January 1, 2023
$4,361,778.44
Basis Point Rate
0.0006
April 12, 2023
Fee A/C# M44560
Okeechobee Fire
to March 31, 2023
BPs Annual Fee Quarterly Fee
$2,617.07 $654.27
Minimum Fee $720.73
TOTAL FEE $1,375.00
These fees will automatically be charged to your account.
If you have any questions, please contact Inez Garcia at 813.288.4990.
1715 N. WESTSHORE BLVD., SUITE 750 TAMPA, FL 33607 TEL (877) 382-5268 FAX (813) 301-1295
www.salemtrust.com
Sr
SALEM TRUST
The Resource Centers, LLC
Scott Baur
4360 Northlake Blvd., Suite 206
Palm Beach Gardens, FL 33410
scott(a)resourcecenters.com
kyle(cDresou rcecenters.com
paymentg roup(a)resourcecenters. com
Fee Advice for Period
Total Market Value for Fund:
Detail of Calculation:
Market Value
$4,455,489.19
C 0 K4 P _1 N Y
A ru l,ki M rnr 7-1 CFInLI-W
April 1, 2023
$4,455,489.19
Basis Point Rate
0.0006
July 13, 2023
Fee A/C# M44560
Okeechobee Fire
to June 30, 2023
BPs Annual Fee Quarterly Fee
$2,673.29 $668.32
Minimum Fee $706.68
TOTAL FEE $1,375.00
These fees will automatically be charged to your account.
If you have any questions, please contact Inez Garcia at 813.288.4990.
1715 N. WESTSHORE BLVD., SUITE 750 TAMPA, FL 33607 TEL (877) 382-5268 FAX (813) 301-1295
www.salemtrust.com