HomeMy WebLinkAboutAgenda_Pension Public Safety_08/03/2009AGENDA
BOARD OF TRUSTEES
TEQUESTA PUBLIC SAFETY OFFICERS'
PENSION TRU5T FUND
REGULAR QUARTERLY BOARD MEETING
TO BE HELD IN THE VILLAGE COUNCIL CHAMBERS
VILLAGE HALL
345 TEQUESTA DRIVE, TEQUESTA, FLORIDA
MONDAY, AUGUST 3, 2009
8:00 A.M.
'~ Asterisk indicates no backup provided prior to agenda deadline
I. CALL TO ORDER AND ROLL CALL
Chair Ed Sabin
Secretary David Cooper
Board Member Ken Nielson
Board Member Ray Giblin
Board Member Robert Young
Attorney Bonni Jensen
Pension Coordinator Lori McWilliams
Finance Director Joann Forsythe -representing Management
Senior Accountant Monica Rahim
Dan Johnson, Bogdahn Consulting LLC -Monitor
Tony Brown, Rockwood Capital Advisors -Investment Manager
Betly Laur, Recording Secretary
II. SWEARING IN OF MEMBERS DAVID COOPER AND RAY GIBLIN
III. APPROVAL OF AGENDA
lV. APPROVAL OF MINUTES
1. Tequesta Public Safety Officers' Pension Trust Fund Board of Trustees
Quarterly Meeting Minutes -May 4, 2009
2. Tequesta Public Safety Officers' Pension Trust Fund Board of Trustees
Special Meeting Minutes -July 7, 2009
Agenda -Public Safety Officers' Pension Trust Fund Board Meeting
August 3, 2009 2
V. PRESENTATIONS*
*[PRESENTATION/REPORTBQOKLETS LOCATED INSIDE BACK
COVER OFAGENDA BOOKJ
3. Presentation by Investment Manager -Tony Brown, Rockwood Capital
Advisors
4. Presentation By Monitor- Dan Johnson, Bogdahn Consulting, LLC
VI. UNFINISHED BUSINESS
5. *Update on Village Council consideration of funding $340,000 into the
Public Safety Officers' Pension Fund -Lori McWilliams, Pension
Coordinator
VII. STANDING REPORTS (INFORMATION ITEMS)
6. New applicants for participation in Pension Plan
None
7. Change of Beneficiary
None
8. Request for withdrawal of contributions (employees terminating
employment with Village of Tequesta) -Ratification of withdrawals
made since the last meeting on 2 signature basis:
None
9. Terminated Employees who have not taken their contributions
None
i0. Revenue and Expenditure Report
VIII. PAYMENTS TO BE RATIFIED (PAYMENTS MADE SINCE LAST
MEETING)
11. Business Services Connection, Inc.
Office Work for weeks ended 4/17/09 through
07/4/09 1,571.57
Agenda -Public Safety Officers' Pension Trust Fund Board Meeting
August 3, 2009
Hanson, Perry & Jensen, P.A.
Services through 5/15/09 S 850.25
Business Services Connection, Inc.
Preparation of 5/4/09 quarterly meeting minutes 186.89
Florida State University
Registration fee -David Cooper
30ti Annual Police Officers & Firefighters
Pension Trust School 170.00
Doubletree Hotel, Tallahassee 47'7.00
Gabriel Roeder Smith & Company
Actuarial Services thru 4/30/09 7,581.00
IX. PAYMENTS TO BE REVIEWED AND APPROVED
12. Perry & Jensen, LLC.
Services through 07/15/09 2,231.25
Business Services Connection, Inc.
Preparation of 7/7/09 special meeting minutes 127.42
Bogdahn Consulting, LLC
Fee for Quarter ending 6/30/09 3,750.00
Rockwood Capital Advisors, LLC
Fee for Quarter ending 6/30/09 5,385.17
X. BUDGET REPORT
13. Quarterly Budget Report Expenditures and Discussion of New Budget
-Senior Accountant Monica Rahim
XI. NEW BUSINESS
14. *Discussion of Village Manager's comments re: this Board's
responsibility to provide pension plan options as discussed at the
7/7/09 special meeting -Lori McWilliams, Pension Coordinator
15. *Discussion of possible change of meeting times- Lori McWilliams,
Pension Coordinator
Agenda Public Safety Officers' Pension Trust Fund Boazd Meeting
August 3, 2009 4
16. Consideration of approval of Heart Act -Attorney Bonni Jensen
17. Clarification by Attorney 3ensen re: 175/185 funding -Attorney Bonni
Jensen
18. *State Legal Updates -Attorney Bonni Jensen
19. *Update regarding IRS Determination Letter -Attorney Bonni Jensen
($ackup previously distributed)
XII. ANY OTHER MATTERS
XIII. COMMUNICATIONS FROM CITIZENS
XIV, ADJOURNMENT
PLEASE TAKE NOTICE AND BE ADVISED: If any person decides to appeal any
decision made by this Boazd with respect to any matter considered at this meeting or
hearing he/she will need a record of the proceedings, and that, for such purpose, he/she
may need to ensure that a verbatim record of the proceedings is made, which record
includes the testimony and evidence upon which the appeal is to be based.
REMINDER: Salem Trust Financial Statements are available for review in the
Village Clerk's Office