Loading...
HomeMy WebLinkAbout11-17-2023 AgendaCity of Ocoee Police Officers' & Firefighters' Pension Board Meeting Agenda 1 N. Bluford Avenue, Ocoee, Florida 34761 https://us02web.zoom.uslj/85630805473?pwd=OVJPcFh2SFNkNmF2U2RUcklvTytgUT09; Meeting ID: 856 3080 5473; Passcode: 355063 November 17, 2023 11:00 AM I. CALL TO ORDER: Bryan Pace, William Maxwell, Trey Littlefield and Joe Moy a. Roll call and determination of quorum b. Approval of Minutes from Regular Meeting dated August 2, 2023 II. PUBLIC COMMENTS: I11. QUARTERLY INVESTMENT UPDATE: Quarter Ending 09/30/2023 AndCo Consulting IV. UNFINISHED BUSINESS: V. NEW BUSINESS: Approval for an impact statement to increase the DROP time from 5 years to 8 years. (Trustee Littlefield) Removal of cap rate from Summary Plan Description. (Trustee Littlefield) VI. CONSENT AGENDA: For Approval: Warrants #246 and 247 AndCo (Q3-2023 Consulting Fee -Invoice #45948 dated 9/29/2023) $7,000.00 Benefits USA, Inc. (Flat Monthly Fee for October 2023) $2,500.00 Brandywine Global (Q3-2023 Mgmt. Fee -Inv #BW9589 dated 10/17/2023) $6,810.83 DRZ (Q3-23 Mgmt. Fee; Invoice #20230301.6 dated 1.0/9/2023) $7,032.00 Foster & Foster (Services Rendered; Invoice #28680 datedl0/18/2023) $1,300.00 FPPTA (2024 Annual Membership Dues) $750.00 FPPTA (2024 Recertification Fee for Littlefield, Pace, Maxwell & Moy @$31) $124.00 Garcia Hamilton Assoc. (Q3-2023 Mgmt. Fee; Invoice #38605 dated 10/4/2023) $9,914.44 Mar Vista (Q3-2023 Mgmt. Fee; Invoice #41247 dated 10/9/2023) $6,137.42 William Maxwell (Mileage Expense for FPPTA FTS 278 miles @ 0.655) $182.09 Joe Moy (Mileage Expense for FPPTA FTS 306 miles @) 0.655) $200.43 Sugarman, Susskind ETAL (Legal Fees -Invoice #181645 dated 9/14/2023) $1,932.00 Total $43,883.21 Benefits USA, Inc. (Flat Monthly Fee for November 2023) $2,500.00 Sugarman, Susskind ETAL (Legal Fees -Invoice #182494 dated 11/8/2023) $1,932.00 Total $4,432.00 For Ratification: Warrant #245 Benefits USA, Inc. (Flat Monthly Fee for September 2023) $2,500.00 Fiduciary Trust (Q2-2023 Custodian Fee -Brandywine; Invoice dated 7/31/2023) $747.32 Fiduciary Trust (Q2-2023 Custodian Fee-DRZ; Invoice dated 7/31/2023) $806.08 Fiduciary Trust (Q2-2023 Custodian Fee-GHA; Invoice dated 7/31/2023) $2,203.11 Fiduciary Trust (Q2-2023 Custodian Fee -Mar Vista Invoice dated 7/312023) $712.69 Fiduciary Trust (Q2-2023 Custodian Fee -R&D Invoice dated 7/31/2023) $3,500.68 FPPTA (FTS Registration for Littlefield, Maxwell, Moy & Pace) $3,400.00 Trey Littlefield (Hotel & Per diem for FPPTA FTS) $892.83 William Maxwell (Hotel & Per diem for FPPTA FTS) $892.83 Joe Moy (Hotel and Per diem for FPPTA FTS) $892.83 Bryan Pace (Hotel and Per diem for FPPTA FTS) $892.83 Saltmarsh, Cleveland & Gund (Final Billing for 9/30/2022 Audit) $9,500.00 Total $26,941.20 Agenda Posted 11-10-2023 NOTICE OF REGULAR MEETING City of Ocoee Police Officers' & Firefighters' Pension Board November 17, 2023 Consent Agenda Continued: Pension Payments for Ratification: Michael Alexander (Monthly benefit payments effective 10/1/2023) Mark Bousquet (Additional monthly benefit due to DROP exit timing) Ronald Howard (Final DROP distribution) Omar Guerrero (Refund of Contributions -cash out) VII. ATTORNEY'S REPORT: VIII. MISCELLANEOUS CORRESPONDENCE: (No action required) IX. COMMENTS FROM TRUSTEES: X. NEXT MEETING DATE: February 7, 2024 at 1:00 pm. Future meeting dates: May 1, 2024, August 7, 2024 and November 6, 2024 11:00 AM $6,308.50 $4,667.83 $37,949.17 $1,478.33 PLEASE NOTE: IN ACCORDANCE WITH FLORIDA STATUTE 286.0105: ANY PERSON WHO DESIRES TO APPEAL ANY DECISION AT THIS MEETING WILL NEED A RECORD OF THE PROCEEDINGS AND FOR THIS PURPOSE MAY NEED TO ENSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE WHICH INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS BASED. ALSO, IN ACCORDANCE WITH FLORIDA STATUTE 286.26: Persons with disabilities needing assistance to participate in any of these proceedings should contact the Office of the City Clerk, I N. Bluford Avenue, Ocoee, FL 34761, (407) 905-3105, 48 hours in advance of the meeting. Persons with questions or comments can submit them to livia@benefits-usa.org at least one-(1) day prior to the meeting. To request an electronic copy of the agenda, you may email livia@benefits-usa.org or call (954) 401-5019. Agenda Posted 11-10-2023