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HomeMy WebLinkAbout02-05-2025 AgendaCity of Ocoee Police Officers' & Firefighters' Pension Board Meeting REVISED Agenda 1 N. Bluford Avenue, Ocoee, Florida 34761 February 5, 2025 1:00 PM CALL TO ORDER: Bryan Pace, William Maxwell, Trey Littlefield, Joe Moy & William Wagner a. Roll call and determination of quorum b. Approval of May 1, 2024 regular meeting minutes c. Approval of November 6, 2024 regular meeting minutes 2. PUBLIC COMMENTS: Robin Boyd on behalf of John Boyd (retired police chief) 3. QUARTERLY INVESTMENT UPDATE: Quarter Ending 12/31/2024 Mar Vista (Lisa Bowman) Mariner, LLC (Brad Hess) 4. UNFINISHED BUSINESS: Summary Plan Description Third Party Administrator Board iPad's 5. NEW BUSINESS: Presentation of 9.30/2024 Financial statements Presentation of 10/1/2024 Actuarial Valuation Detail of Administrative Expenses New DROP agreement 6. CONSENT AGENDA: For Approval: Warrant #267 Benefits USA, Inc. (Flat Monthly Fee for February 2025) $2,500.00 Joe Moy (Mileage & Tolls for FPPTA Trustees School) $85.18 Total $2,585.18 For Ratification: Warrants 265 & 266 Benefits USA, Inc. (Flat Monthly Fee for December 2024) $2,500.00 FPPTA (2025 Membership renewal; Invoice #13455 dated 12/4/2024) $750.00 FPPTA (Trustee School Registration for Littlefield, Maxwell, Moy & Wagner +CPPT) $4,600.00 FPPTA (Trustee School Registration for Bryan Pace) $850.00 FPPTA (Pension Fundamentals Program for William Wagner) $1.50.00 Trey Littlefield (hotel & per diem for WTS 1/26-1/29/2025) $1,024.12 William. Maxwell (hotel & per diem for WTS 1/26-1/29/2025) $1,390.50 Joe Moy (hotel & per diem for WTS 1/26-1/29/2025) $1,024.12 Bryan Pace (hotel & per diem for WTS 1/26-1/29/2025) $1,024.12 William Wagner (hotel & per diem for WTS 1/26-1/29/2025) $1,024.12 Saltmarsh, Cleveland & Gund (Progress billing for 9/30/24 audit; inv #737081) $10,850.00 Sugarman, Susskind ETAL (Legal Fees; Invoice #192144 dated 11/8/2024) $6,453.00 Sugarman, Susskind ETAL (Legal Fees; Invoice #192641 dated 12/10/2024) $2,676.80 Total $34,316.78 Agenda Posted 1-30-2025 NOTICE OF REGULAR MEETING City of Ocoee Police Officers' & Firefighters' Pension Board February 5, 2025 CONSENT AGENDA CONT'D: Benefits USA, Inc. (Flat Monthly Fee for January 2025) DePrince Race & Zollo (Q4-24 Mgmt. Fee -Invoice #2024404053 dated 1/10/25) Foster & Foster (Services Rendered; Invoice #34600 dated 1/16/2025) Garcia Hamilton Assoc. (Q4-2024 Mgmt. Fee; Invoice #40954 dated 1/7/2025) Mariner, LLC (Q4-2024 Consulting Fee -Invoice #50283 dated 12/27/2024) Mar Vista (Q4-2024 Mgmt. Fee -Invoice #41247 dated 1/7/2025) Total Pension Payments for Ratification: Kalen Lilly (Refund of Contributions -Cash out) Zachary Waterman (Refund of Contributions -Cash out) Total Pension Payments 7. ATTORNEY'S REPORT: 8. TRUSTEES REPORT: 9. MISCELLANEOUS CORRESPONDENCE: (No action required) 10. NEXT MEETING DATE: APRIL 30, 2025 @ 1:00 PM FUTURE MEETING DATES: AUGUST 6, & NOVEMBER 5, 2025 @ 1:00 PM. 11. ADJOURN: [QQIi9U 1 $2,500.00 $9,226.00 $26,378.00 $8,062.11 $7,000.00 $3,911.74 $57,077.85 $10,054.69 $19,842.23 $29,896.92 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,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 liyia@htnefits-usa.ora at least one (1) day prior to the meeting. To request an electronic copy of the agenda, you may email livia@benefits-usa.or or call (954) 401-5019. Agenda Posted 1-30-2025