HomeMy WebLinkAboutAgenda_Pension Public Safety_02/10/2004
VILLAGE OF TEQUESTA
Post Office Box 3273 250 Tequesta Drive, Suite 300
Tequesta, Florida 33469-0273 (561) 575-6200
Fax: (561) 575-6203
REVISED AGENDA 2/4/04
REVISED AGENDA ITEMS INDICATED BY
C7
AGENDA
BOARD OF TRUSTEES
TEQUESTA PUBLIC SAFETY OFFICERS'
PENSION TRUST FUND REGULAR BOARD MEETING
TO BE HELD IN THE VILLAGE COUNCIL CHAMBERS
399 SEABROOK ROAD, TEQUESTA, FLORIDA
TUESDAY, FEBRUARY 10, 2004
11:00 A.M.
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 Meeting Minutes -October 21, 2003
IV. UNFINISHED BUSINESS
a) Discussion of 13t" Check -Tabled from August 12, 2003 Meeting
V. STANDING REPORTS
*a) Approval of new applicants for participation in Pension Plan (1St
quarter -October -December 2003)
Christopher Gass Hire Date 11/2/03
•
Recycled Paper
•
Agenda -Public Safety Officers' Pension Trust Fund Board Meeting
February 10, 2004
2
b) Approval of Beneficiary Changes Plan (1St quarter -October -
December 2003)
None
c) Request for withdrawal of contributions (employees terminating
employment with Village of Tequesta Plan (Not previously approved
and 1St quarter -October -December 2003)
Brenda Hale - date of termination 9-3-03 $ 514.34
Scott Donaldson -date of termination 9/11/03 $4,470.07
d) Ratification of withdrawals made since the last meeting on 2 signature
basis:
Business Services Connection
Attend and record meeting of 10/21/03 $39.51
Prepare minutes of meeting of 10/21/03 $95.97
•
VI. FINANCIAL REPORTS
a) Statement of Accounts (1St Quarter -October -December, 2003) - Dan
Gallagher
b) Progress Report by Finance Department -Cash Flow Report for the
First Quarter (1St Quarter -October -December 2003) - Dan Gallagher
c) Northstar Capital Management Investment Manager's Report (As of
December 31, 2003) -Peter V. Van Beuren
VII. PAYMENTS TO BE REVIEWED AND APPROVED
a) Northstar Capital Management, Inc.
$9,034.00
b) Federal Express
c) Gabriel Roeder Smith & Co
d) Acordia
VIII. NEW BUSINESS
$ 27.42
$1,908.00
$3,082.10 and $543.90
a) Discussion of payment of invoices -- Dan Gallagher
•
Agenda -Public Safety Officers' Pension Trust Fund Board Meeting
February 10, 2004 3
b Presentation of Letter of Engagement from Village Auditors as
) requested by Vice Chair Genco at meeting of October 21, 2003 -Dan
Gallagher
c) Plain English Summary of Plan Document and Benefits Statement -
Dan Gallagher (Backup to be provided at meeting
*d) Cost Benefit Analysis Comparison of proposed services by A. G.
Edwards and Effron to report on whether investment objectives were
being followed and discussion of RFP letters to other monitoring firms -
Dan Gallagher (No backup for this item)
e) Items provided for information purposes:
1. Notice from Northstar Capital Management, Inc. re: Carnival
Cruise Lines
2. Florida Attorney General Advisory Legal Opinion
*f) Discussion of obtaining new actuarial study -Dan Gallagher
(No backup for this item)
• *g) Report of attendance at conference by Peter Lucia
(No backup for this item)
IX. ANY OTHER MATTERS
X. COMMUNICATIONS FROM CITIZENS
XI. 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.
.]
VILLAGE OF TEQUESTA
Post Office Box 3273 250 Tequesta Drive, Suite 300
Tequesta, Florida 33469-0273 (561) 575-6200
Fax: (561) 575-6203
AGENDA
BOARD OF TRUSTEES
TEQUESTA PUBLIC SAFETY OFFICERS'
PENSION TRUST FUND REGULAR BOARD MEETING
TO BE HELD IN THE VILLAGE COUNCIL CHAMBERS
399 SEABROOK ROAD, TEQUESTA, FLORIDA
TUESDAY, FEBRUARY 10, 2004
11:00 A.M.
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 Meeting Minutes -October 21, 2003
IV. UNFINISHED BUSINESS
a) Discussion of 13th Check -Tabled from August 12, 2003 Meeting
V. STANDING REPORTS
a) Approval of new applicants for participation in Pension Plan (1St
quarter -October -December 2003)
None
b) Approval of Beneficiary Changes Plan (1St quarter -October -
December 2003)
None
c) Request for withdrawal of contributions (employees terminating
employment with Village of Tequesta Plan (Not previously approved
and 1St quarter -October -December 2003)
Recycled Paper
•
Agenda -Public Safety Officers' Pension Trust Fund Board Meeting
February 10, ?004 2
Brenda Hale - date of termination 9-3-03 $ 514.34
Scott Donaldson -date of termination 9/11/03 $4,470.07
d) Ratification of withdrawals made since the last meeting on 2 signature
basis:
Business Services Connection
Attend and record meeting of 10/21/03 $39.51
Prepare minutes of meeting of 10/21/03 $95.97
Vl. FINANCIAL REPORTS
a) Statement of Accounts (15` Quarter -October -December, 2003) - Dan
Gallagher
b) Progress Report by Finance Department -Cash Flow Report for the
First Quarter (15~ Quarter -October -December 2003) - Dan Gallagher
c) Northstar Capital Management Investment Manager's Report (As of
December 31, 2003) -Peter V. V"an Beur•en
•
VII. PAYMENTS TO BE REVIEWED AND APPROVED
a) Northstar Capital Management, Inc. $9,034.00
b) Federal Express
c) Gabriel Roeder Smith & Co.
d) Acordia
$ 27.42
$1,908.00
$3,082.10 and $543.90
VIII. NEW BUSINESS
a~,r~ Discussion of payment of invoices -- Dan Gallagher
b) Presentation of Letter of Engagement from Village Auditors as
requested by Vice Chair Genco at meeting of October 21, 2003 -Dan
Gallagher
c) Plain English Summary of Plan Document and Benefits Statement -
Dan GaHzrgher (Backup to be provided at meeting
•
Agenda -Public Safety Officers' Pension Trust Fund Board Meeting
February 10, 2004 ~y-~`~
d) Cost Benefit Analysis~omparison of proposed services by A. G. ~~
~~ ~" ~ ~~ ~
Edwards and Effron~to report on whether investment objectives were
being followed -Dan Gallagher (No backup for this item)
e) Items provided for information purposes:
1. Notice from Northstar Capital Management, Inc. re: Carnival
Cruise Lines
2. Florida Attorney General Advisory Legal Opinion
IX. ANY OTHER MATTERS
X. COMMUNICATIONS FROM CITIZENS
XI. 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.
•