HomeMy WebLinkAboutAgenda_Pension Public Safety_05/03/2010 AGENDA
BOARD OF TRUSTEES
TEQUESTA PUBLIC SAFETY OFFICERS'
PENSION TRUST FUND
REGULAR QUARTERLY BOARD MEETING
TO BE HELD IN THE
VILLAGE HALL COUNCIL CHAMBERS
345 TEQUESTA DRIVE, TEQUESTA, FLORIDA
MONDAY, MAY 3, 2010
2:00 P.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 Ray Giblin
Board Member Robert Young
Board Member Frank D'Ambra
Attorney Bonni Jensen
Pension Coordinator Lori McWilliams
Finance Director Joann Forsythe — representing Management
Senior Accountant Monica Rahim
Dan Johnson, Bogdahn Consulting LLC — Monitor
Betty Laur, Recording Secretary
II. APPROVAL OF AGENDA
III. APPROVAL OF MINUTES
1. Tequesta Public Safety Officers' Pension Trust Fund Board of Trustees
Quarterly Meeting Minutes — February 1, 2010
2. Tequesta Public Safety Officers' Pension Trust Fund Board of Trustees
Special Meeting Minutes — April 12, 2010
Agenda — Public Safety Officers' Pension Trust Fund Board Meeting
May 3, 2010 2
IV. PRESENTATIONS*
*[PRESENTATIONIREPORT BOOKLETS LOCATED INSIDE BACK
COVER OFAGENDA BOOK]
3 Presentation By Monitor— Dan Johnson, Bogdahn Consulting, LLC
V. UNFINISHED BUSINESS
4. Review of updated Investment Policy — Dan Johnson, Bogdahn
Consulting
5. *Discussion regarding diversifying domestic portfolio within
framework provided by Dan Johnson of Bogdahn Consulting —
Dan Johnson, Bogdahn Consulting
6. Update regarding IRS Determination Letter — Attorney Bonni Jensen
VI. STANDING REPORTS (INFORMATION ITEMS)
7. New applicants for participation in Pension Plan
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
10. Revenue and Expenditure Report
VII. PAYMENTS TO BE RATIFIED (PAYMENTS MADE SINCE LAST
MEETING)
11. Business Services Connection, Inc.
Office Work for weeks ended
1/8/10 through 4/9/10 $1,739.40
Agenda — Public Safety Officers' Pension Trust Fund Board Meeting
May 3, 2010 3
Business Services Connection, Inc.
Preparation of 2/1/10 quarterly meeting minutes 553.04
Hanson, Perry & Jensen, P.A.
Services through 2/15/10 3,397.17
VIII. PAYMENTS TO BE REVIEWED AND APPROVED
12. Business Services Connection, Inc.
Preparation of 04/12/10 Special Meeting Minutes 437.08
Perry & Jensen, LLC.
Services through 4/15/10 1,728.93
Bogdahn Consulting, LLC
Fee for Quarter ending 3/31/10 3,750.00
Rockwood Capital Advisors, LLC
Fee for Quarter ending 3/31/09 6,925.85
IX. BUDGET REPORT
13. Quarterly Budget Report Expenditures— Senior Accountant Monica
Rahim
X. NEW BUSINESS
14. Approval of Investment Manager's Report (Rockwood Capital
Advisors, LLC) — Chair Sabin
15. Form I - Attorney Bonni Jensen
16. State Legal Updates— Attorney Bonni Jensen
17. FPTTA Annual Conference June 27 -30, Naples Florida — Trustees
School September 26 -29 at PGA National Resort, Palm Beach Gardens,
Florida —Pension Coordinator McWilliams
XI. ANY OTHER MATTERS
XII. COMMUNICATIONS FROM CITIZENS
XIII. ADJOURNMENT
Agenda — Public Safety Officers' Pension Trust Fund Board Meeting
May 3, 2010 4
PLEASE TAKE NOTICE AND BE ADVISED: If any person decides to
appeal any decision made by this Board 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.
DISABILITY INFORMATION In accordance with the Americans with Disabilities Act and F.S.S. 286.26,
persons with disabilities needing special accommodation to participate in this meeting should contact
Lori McWilliams, Village Clerk, no later than seven days subsequent to the proceeding at 561.575.6200
for assistance. If hearing impaired, please call the Florida Relay Service Numbers at 800- 955 -8771
(TDD) or 800 - 955 -8770 (VOICE) for assistance.
APPEAL NOTICE If a person decides to appeal any decision made by the Board, with respect to any matter
considered at such meeting or hearing, that person will need to ensure that a verbatim record of the
proceedings is made, which record includes the testimony and evidence upon which appeal is to be
based.
REMINDER SALEM TRUST FINANCIAL STATEMENTS ARE SENT
OUT MONTHLY VIA E -MAIL AND ARE AVAILABLE ON THE
VILLAGE'S IMAGING SYSTEM.