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HomeMy WebLinkAboutItem 02 Approval to Ratify Appointment fo the Fifth Trustee to the GEPB City of Ocoee ▪ 1 N. Bluford Avenue ▪ Ocoee, Florida 34761 Phone: (407) 905-3100 ▪ www.ocoee.org STAFF REPORT Meeting Date: September 17, 2024 Item #: 2 Contact Name: Melanie Sibbitt Department Director: Melanie Sibbitt Contact Number: Ext. 1026 City Manager: Craig Shadrix Subject: Approval to Ratify Appointment of the Fifth Trustee to the General Employees’ Pension Board. (City Clerk Sibbitt) Background Summary: Trustees for the Pension Board serve four (4) year terms, as amended in Ordinance 2009-020. The City Commission appoints two (2) of the trustees, two (2) are elected from the employee body, and the fifth trustee is chosen by those four (4) trustees and presented to the City Commission for certification of the appointment as a ministerial act. At their meeting on August 7, 2024, the General Employees' Pension Board voted to appoint employee elected Trustee Gequita Cowan to serve as their board appointed Fifth Trustee to complete a four-year term expiring on September 30, 2026. At this time, no other applications have been received for serving on this board. Issue: Should the Honorable Mayor and City Commissioners ratify the appointment of Gequita Cowan as Fifth Trustee for the General Employees’ Pension Board of Trustees with a term ending September 30, 2026? Recommendations: Staff recommends that the Honorable Mayor and City Commissioners ratify the appointment of Gequita Cowan as Fifth Trustee for the General Employees’ Pension Board of Trustees with a term ending September 30, 2026. Attachments: 1. Ratification of 5th Trustee Seat, Ocoee General - Gequita Cowan 2. Board List Financial Impacts: None Type of Item: Consent From:Tiffany Fair To:Parks, Victoria Cc:Chrissy Stoker Subject:Ratification of 5th Trustee Seat, Ocoee General - Gequita Cowan Date:Friday, August 9, 2024 6:17:35 PM Attachments:image006.png image007.png Good afternoon, At the last quarterly pension board meeting, the board voted and appointed Gequita Cowan to serve in the 5th Trustee seat. The City Commission which shall, in accordance with the state law, ratify the appointment of the 5th Trustee seat as a ministerial act. Can you please add this ratification to the next City Commission agenda. Please let me know when this is set to ratified so I can update the board. Thank you, Tiffany Fair, Plan Administrator Cape Coral Office Naperville Office 2503 Del Prado Blvd. S. 184 Shuman Blvd. Suite 502 Suite 305 Cape Coral, FL 33904 Naperville, IL 60563 239.333.4TPA (4872) I 239.333.0177 I https://link.edgepilot.com/s/509f2a9f/GMsPksAHEE2Ujoot1ExA5Q? u=http://www.foster-foster.com/ NOTICE OF CONFIDENTIALITY: This transmission contains information that may be confidential and that may also be privileged. Unless you are the intended recipient of the message (or authorized to receive it for the intended recipient), you may not copy, forward, or otherwise use it, or disclose its contents to anyone else. If you have received this transmission in error, please notify us immediately and delete it from your system. Please keep in mind that any communication sent to our office may become public record by way of the client being referenced. CONFIDENTIALITY AND HIPAA NOTICE: This email, including any attachments, contains information from Foster and Foster, which may be confidential or prohibited from any disclosure under the HIPAA Privacy Rule or related laws, federal or state. The information is intended to be for the use of the individual or entity named above. If you are not the intended recipient, be aware that any disclosure, copying, distribution or use of the contents of this information is prohibited. If you have received this email in error, please notify the sender immediately by “reply to sender only” message and destroy all electronic and hard copies of the communication, including attachments. General Employees’ Retirement Trust Fund Board of Trustees Commission Appointed Email Term Expires Patricia Gleason, CPPT pgleason@cfl.rr.com 9/30/26 Steven G. Sanders sgstayfocus@yahoo.com 9/30/25 Board Appointed Email Term Expires Vacant 9/30/26 Elected by Employees Email Term Expires Gary Gleason ggleason@ocoee.org 9/30/25 Gequita “Gee” Cowan, CPPT gcowan@ci.ocoee.fl.us 9/30/26 City Liaison Email Term Expires Jenetta Wilson Human Resource Director Jwilson@ocoee.org N/A CONSULTANTS Attorney: Pedro A. Herrera, Esq. pherrera@sugarmansusskind.com Jessica De la Torre Vila jess@sugarmansusskind.com Sugarman Susskind (305) 529-2801 (Main) 150 Alhambra Circle (305) 447-8115 (Fax) Suite 725 Coral Gables, FL 33134 Actuary: Douglas Lozen (239) 433-5500 Foster & Foster, Inc. (239) 481-0634 (Fax) 13420 Parker Commons Blvd., Suite 104 data@foster-foster.com Fort Myers, FL 33912 doug.lozen@foster-foster.com Kim Kilgore, Plan Administrator kim.kilgore@foster-foster.com Chrissy Stoker, Plan Administrator Auditors: Chuck Landers / Patrick Smith (850) 855-4617 Saltmarsh, Cleveland & Gund chuck.landers@saltmarshcpa.com 201 N. Franklin Street, Suite 1625 patrick.smith@saltmarshcpa.com Tampa, FL 33602-5816 Monitor: Brad Hess AndCo Consulting Direct: 407-520-5356 531 W. Morse Blvd., Suite 200 Fax: 863-292-8717 Winter Park, FL 32789 bradh@andcoconsulting.com Custodian: Lynn Skinner Lynn.Skinner@Salemtrust.com Salem Trust Company (813) 301-1603 1715 N. Westshore Blvd. #750 Tampa, FL 33607