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Home My WebLink AboutAgenda_Pension Public Safety_08/11/2005• AGENDA BOARD OF TRUSTEES TEQUESTA PUBLIC SAFETY OFFICERS' PENSION TRUST FUND REGULAR QUARTERLY BOARD MEETING TO BE HELD IN THE EMERGENCY OPERATIONS CENTER (EOC) OF THE PUBLIC SAFETY FACILITY, 357 TEQUESTA DRIVE, TEQUESTA, FLORIDA THURSDAY, AUGUST 11, 2005 8:00 A.M. * Asterisk indicates no backup provided prior to agenda deadline I. CALL TO ORDER AND ROLL CALL II. APPROVAL OF AGENDA III. APPROVAL OF MINUTES • a) TEQUESTA PUBLIC SAFETY OFFICERS' PENSION TRUST FUND BOARD OF TRUSTEES QUARTERLY MEETING MINUTES - FEBRUARY 18, 2005 b) TEQUESTA PUBLIC SAFETY OFFICERS' PENSION TRUST FUND BOARD OF TRUSTEES SPECIAL MEETING MINUTES -MAY 10, 2005 IV. *RE-APPOINT GERALDINE GENCO TO 2-YEAR TERM EFFECTIVE 6/12/05 -Pension Board Coordinator Gwen Carlisle V. ACCEPT RESIGNATION OF JAMES WEINAND AND JOE PETRICK - Acting Chair Geraldine Genco VI. ACCEPT RAY GIBLIN AS NEW FIRE DEPARTMENT EMPLOYEE REPRESENTATIVE TO FILL VACANCY CREATED BY RESIGNATION OF BOARDMEMBER JAMES WEINAND -Acting Chair Geraldine Genco VII. ACCEPT JASON FLEMING AS NEW POLICE DEPARTMENT EMPLOYEE REPRESENTATIVE TO FILL VACANCY CREATED BY RESIGNATION OF BOARDMEMBER JOE PETRICK -Acting Chair Geraldine Genco Agenda -Public Safety Officers' Pension Trust Fund Board Meeting August 11, 2005 2 • VIII. CONSIDERATION OF RECOMMENDATION TO VILLAGE COUNCIL OF APPLICANT TO FILL VACANCY ON BOARD CREATED BY RESIGNATION OF PETER LUCIA -Pension Board Coordinator Gwen Carlisle IX. APPOINT INTERIM CHAIR AND INTERIM SECRETARY TO SERVE UNTIL THE NOVEMBER ELECTION -Acting Chair Geraldine Genco X. PRESENTATIONS a) PRESENTATION BY ACTUARY -Steve Palmquist, Gabriel Roeder & Smith b) PRESENTATION BY MONITOR -Joe Bogdahn, Bogdahn Consulting, LLC (report to be distributed Monday, August 8) c) PRESENTATION BY INVESTMENT MANAGER -Andrew Holtgrieve, Rockwood Capital Advisors, LLC (postponed to November meeting XI. UNFINISHED BUSINESS a) CONSIDERATION OF APPROVAL OF INVOICE ITEM PRESENTED AT 5/10/05 MEETING FROM GABRIEL, ROEDER SMITH & COMPANY - $550 FOR PREPARATION OF PAGE 6a FOR INCLUSION IN THE 2004 ANNUAL STATE REPORT - Pension Coordinator Gwen Carlisle b) REQUEST TO TABLE DISCUSSION OF PLAN ADMINISTRATOR -COMMITTEE TO MEET FOLLOWING APPOINTMENT OF A NEW CHAIR OF THE BOARD -Pension Coordinator Gwen Carlisle c) DISCUSSION OF HOUSE BILL 1159 PERMITTING FIRE DEPARTMENTS WHO PROVIDE ALL OF THE FIRE PROTECTION SERVICES TO ANOTHER MUNICIPALITY THROUGH AN INTERLOCAL AGREEMENT TO COLLECT PREMIUM TAX FROM THE OTHER MUNICIPALITY -Attorney Bonni Jensen (Postponed to next meeting d) *PRESENTATION OF FY 2006 BUDGET FOR FEES AND EXPENSES - Finance Director JoAnn Forsythe (to be distributed Monday, August 8) • • Agenda -Public Safety Officers' Pension Trust Fund Board Meeting August 11, 2005 e) *CONSIDERATION OF OPENING A CHECKING ACCOUNT AT INDEPENDENT COMMUNITY BANK AND INFORMATION REGARDING SALEM TRUST FEES -Accounting Manager Patrice Maqueda (tabled from last quarterly meeting XII. STANDING REPORTS a) Approval of new applicants for participation in Pension Plan None 3 b) Approval of Beneficiary Changes None c) Request for withdrawal of contributions (employees terminating employment with Village of Tequesta) • Name Date of Separation Total Amount Michael Knapp 6/14/05 $12,877.88 Joe Petrick 8/5/05 to be provided at meeting d) Ratification of withdrawals made since the last meeting on 2 signature basis: None XIII. FINANCIAL REPORTS a) Statement of Accounts (April-June 2005) - Pension Coordinator Gwen Carlisle b) *Schedule of Investment Activities for the Quarter ended June 30, 2005 - Pension Coordinator Gwen Carlisle (to be distributed later) XIV. PAYMENTS TO BE REVIEWED AND APPROVED a) Business Services Connection - 5/10/OS meeting and minutes $ 165.20 b) Hanson, Perry & Jensen, P.A. $ 866.37 c) Bogdahn Consulting, LLC $ 2,000.00 • Agenda -Public Safety Officers' Pension Trust Fund Board Meeting August 11, 2005 4 • d) Gabriel, Roeder, Smith & Company: Invoice No. 93914A $ 250.00 e) Rockwood Capital Advisors $2,625.76 f) Salem Trust Statement of Fees which will be charged to the accounts referenced XV. NEW BUSINESS a) *Consideration of Public Safety Board establishing their own Resolution Book -Acting Chair Geraldine Genco b) Renewal of Fiduciary Liability Coverage -Pension Coordinator Gwen Carlisle c) Consideration of sending a member of the board to FPPTA trustee school October 2-5 in St. Augustine -Pension Coordinator Gwen Carlisle • XVI. ANY OTHER MATTERS a) Information Items: 1) Fiduciary information and SEC report on same (no action required) 2) Auditor's Report dated June 30, 2005 - (Auditor to make presentation at November quarterly meeting) 3) Report of Police Officers' 2004 Premium Tax Distribution 4) Report of Firefighters' 2004 Premium Tax Distribution XVII. COMMUNICATIONS FROM CITIZENS XVIII. ADJOURNMENT 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.