HomeMy WebLinkAbout11-01-2017 Agenda NOTICE OF REGULAR MEETING
City of Ocoee Police Officers' & Firefighters' Pension Board
The City of Ocoee Police Officers'/Firefighters' Pension Board will hold their regular meeting on Wednesday,
November 1,2017 in the Commission Chambers at City Hall, 150 N. Lakeshore Drive, in Ocoee,Florida. All
interested parties are invited to attend.
REVISED AGENDA
November 1,2017 1:00 PM
I. CALL TO ORDER: Charles Brown, William Wagner,Joe Moy,William Maxwell and Bryan Pace
a. Roll call and determination of quorum
b.Approval of Minutes from Regular Meeting dated August 2,2017
II. PUBLIC COMMENTS:
III. QUARTERLY INVESTMENT UPDATE: Quarter Ending 09/30/17
AndCo Consulting
IV. NEW BUSINESS:
Appointment of 5th Trustee
Presentation of 9/30/16 Financial Statements
2018 Meeting dates
2018 Membership Dues
2017 Audit Contract
Foster and Foster Fee Memo
V. UNFINISHED BUSINESS:
Share Plan Ordinance
VI. CONSENT AGENDA:
For Approval: Warrant#151
Benefits USA, Inc. (Flat Monthly Fee for November 2017) $2,100.00
Foster and Foster(Services Rendered-Invoice#11264 dated 10/23/17) $3,260.00
FPPTA (2018 Membership Dues) $600.00
Garcia Hamilton (3rd Qtr. 17 Mgmt Fee-Inv #28540 dated 10/3/17) $7,080.54
Total $13,040.54
For Ratification: Warrants #148-150
Benefits USA, Inc. (Flat Monthly Fee for September 2017) $2,100.00
Christiansen &Dehner(Legal Fees-Invoice#31112 dated 8/31/17) $2,343.57
FPPTA (Trustee School Registration for 4 Trustees @ $500 each) $2,000.00
Total $6,443.57
Bryan Pace (Per Diem to attend FPPTA Fall Trustee School) $ 163.00
Courtyard by Marriott Downtown(Hotel reservation for Bryan Pace) $ 537.00
William Maxwell (Mileage &Per Diem to attend FPPTA Fall Trustee School) $ 253.41
Courtyard by Marriott Downtown (Hotel reservation for William Maxwell) $ 537.00
Joe Moy(Mileage & Per Diem to attend FPPTA Fall Trustee School) $ 253.41
Courtyard by Marriott Downtown (Hotel reservation for Joe Moy) $ 537.00
Total $2,280.82
Agenda Posted 10/26/17
NOTICE OF REGULAR MEETING
City of Ocoee Police Officers' & Firefighters' Pension Board
November 1,2017 1:00 PM
CONSENT AGENDA Continued:
AndCo Consulting(3`d Qtr. 17 Consulting Fee-Invoice#23299 dated 9/22/17) $6,250.00
Benefits USA, Inc. (Flat Monthly Fee for October 2017) $2,100.00
Davidson, Jamieson& Cristini (Progress Billing-Invoice#R7744 dated 10/2/17) $6,500.00
Fiduciary Trust Co. Intl. (1St Qtr. 17 Mgmt Fee-R&D; Invoice dated 5/26/17) $686.86
Fiduciary Trust Co. Intl. (2nd Qtr. 17 Mgmt Fee-R&D Invoice dated 7/26/17) $1,826.91
Fiduciary Trust Co. Intl. (2nd Qtr. 17 Mgmt Fee-GHA Invoice dated 7/26/17) $1,404.33
Fiduciary Trust Co. Intl. (2nd Qtr. 17 Mgmt Fee-GAMCO Invoice dated 7/26/17) $1,194.26
Fiduciary Trust Co. Intl. (2nd Qtr. 17 Mgmt Fee-SAW Invoice dated 7/26/17) $1,174.70
Sawgrass Asset Management(3rd Qtr. 17 Mgmt Fee-Invoice dated 10/10/17) $14,568.52
Total $35,705.58
Pension Payments for Ratification:
Luis Ruiz (Monthly Benefit Payment Eff 11/1/17) $1,609.29
Luis Ruiz (DROP Distribution Rollover) $61,348.50
Robert Rivera(Monthly Benefit Payment Eff 11/1/17) $4,910.11
Robert Rivera(Partial DROP Distribution-Cash out) $62,500.00
Robert Rivera(DROP Distribution-Rollover) $367,196.58
VII. ATTORNEY'S REPORT:
Letter dated 10/5/17
VIII. MISCELLANEOUS CORRESPONDENCE: (No action required)
IX. COMMENTS FROM TRUSTEES:
Valuation letter from State dated 8/10/17
X. NEXT MEETING DATE: February 7,2018 at 1:00 PM
XI. ADJOURN:
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.
Agenda Posted 10/26/17