HomeMy WebLinkAbout02-07-2024 AgendaCity of Ocoee Police Officers' & Firefighters' Pension Board Meeting Agenda
1 N. Bluford Avenue, Ocoee, Florida.
Any Interested parties may appear at the meeting and be heard with respect to the proposed actions; however, attendance inside the Ocoee Commission
Chambers may be limited to accommodate social distancing and is subject to change based on the Governor's Executive Order.
February 7, 2024
1:00 PM
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 November 17, 2023
III. QUARTERLY INVESTMENT UPDATE: Quarter Ending 12/31/2023
AndCo Consulting
AndCo acquisition update and agreement consent
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V. NEW BUSINESS:
Presentation of 9/30/2023 Financial statements
Presentation of 10/1/2023 Actuarial Valuation
Detail of Administrative Expenses
VI. CONSENT AGENDA:
For Approval: Warrant #250
Benefits USA, Inc. (Flat Monthly Fee for February 2024)
$2,500.00
Brandywine Global (Q4-2023 Mgmt. Fee -Inv #BW10013 dated 1/17/2024)
$6,803.60
DRZ (Q4-23 Mgmt. Fee; Invoice #202304054 dated 1/12/2024)
$7,802.00
Fiduciary Trust (Q4-2023 Custodian Fee -Brandywine; Invoice dated 1/29/2024)
$790.99
Fiduciary Trust (Q4-2023 Custodian Fee-DRZ; Invoice dated 1/29/2024)
$865.02
Fiduciary Trust (Q4-2023 Custodian Fee-GHA; Invoice dated 1/29/2024)
$2,216.86
Fiduciary Trust (Q4-2023 Custodian Fee -Mar Vista Invoice dated 1/29/2024)
$571.77
Fiduciary Trust (Q4-2023 Custodian Fee -R&D Invoice dated 1/29/2024)
$3,941.64
Garcia Hamilton Assoc. (Q4-2023 Mgmt. Fee; Invoice #38605 dated 1/3/2024)
$11,149.74
Mar Vista (Q4-2023 Mgmt. Fee; Invoice #14086 dated 1/8/2024)
$5,149.86
Total
$41,791.48
For Ratification: Warrants #248 & 249
Benefits USA, Inc. (Flat Monthly Fee for December 2023)
$2,500.00
Benefits USA, Inc. (Flat Monthly Fee for January 2024)
$2,500.00
Fiduciary Trust (Q3-2023 Custodian Fee -Brandywine; Invoice dated 11/22/2023)
$735.90
Fiduciary Trust (Q3-2023 Custodian Fee-DRZ; Invoice dated 11/22/2023)
$779.49
Fiduciary Trust (Q3-2023 Custodian Fee-GHA; Invoice dated 11/22/2023)
$1,974.33
Fiduciary Trust (Q3-2023 Custodian Fee -Mar Vista Invoice dated 11/22/2023)
$681.73
Fiduciary Trust (Q3-2023 Custodian Fee -R&D Invoice dated 11/22/2023)
$3,522.56
FPPTA (WTS Registration for William Maxwell; Invoice #11073)
$850.00
Saltmarsh, Cleavland & Gund (Progress billing for 9/30/23 audit; Inv #727682)
10,450.00
Sugarman, Susskind ETAL (Legal Fees -Invoice #183725 dated 12/13/2023)
$3,772.00
Total
$27,766.01
AndCo (Q4-2023 Consulting Fee -Inv #46754 dated 12/29/2023)
$7,000.00
William Maxwell (Hotel & Per diem for FPPTA WTS)
$1,090.68
Sugarman, Susskind ETAL (Legal Fees -Invoice #184479 dated 1/17/2024)
$736.00
Total
$8,826.68
Agenda Posted 2-1-2024
NOTICE OF REGULAR MEETING
City of Ocoee Police Officers' & Firefighters' Pension Board
February 7, 2024
CONSENT AGENDA CONT'D
Michael Alexander (DROP Exit; Monthly Benefit payments eff 1.0/l/2023)
Michael Alexander (DROP Distribution/Rollover)
Jerome Byrd (Refund of Contributions -Cash out)
Total Pension Disbursements
ATTORNEY'S REPORT:
Update on Michael Menegat Disability Application
MISCELLANEOUS CORRESPONDENCE: (No action required)
COMMENTS FROM TRUSTEES:
NEXT MEETING DATE: May 1, 2024 at 1:00 pm.
Future Meeting Dates: August 7, 2024 and November 6, 2024
1:00 PM
$6,308.50
$499,282.48
$7,714.60
$513,305.58
PLEASE NOTE: IN ACCORDANCE WITH FLORIDA STATUTE 286.0105: ANY PERSON WHO DESIRES TO APPEAL ANY DECISION AT
THIS MEETING WELL 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,150 N. Lakeshore Drive, Ocoee, FL 34761, (407) 905-3100, ext. 9-1022, 48 hours in advance of
the meeting. Persons with questions or comments can submit them to liviaCa)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 2-1-2024