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02-01-2017 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, February 1,2017 in the Commission Chambers at City Hall, 150 N. Lakeshore Drive, in Ocoee,Florida. All interested parties are invited to attend. AGENDA February 1,2017 1:00 PM 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 November 2,2016 II. PUBLIC COMMENTS: III. QUARTERLY INVESTMENT UPDATE: Quarter Ending 12/31/2016 Bogdahn Consulting IV. NEW BUSINESS: Presentation of 10/1/16 Actuarial Valuation Detail of Administrative Expenses Fiduciary Liability Renewal V. UNFINISHED BUSINESS: Proposed IRC Ordinance(Attorney) VI. CONSENT AGENDA: For Approval:Warrant#139 Benefits USA, Inc. (Admin Fee for February '17 plus postage) $2,105.52 GAMCO(3`d Qtr. 16 Mgmt Fee-Inv#20160930-157-4967-A dated 10/12/16 $16,084.00 • GAMCO(4th Qtr. 16 Mgmt Fee-Inv#20161231-157-4967-A dated 1/11/17) $16,573.00 Garcia Hamilton(4th Qtr. 16 Mgmt Fee-Invoice#27621 dated 1/4/17) $6,893.73 Houston Casualty Company(Fiduciary Liability Insurance Renewal due 3/19/17)$4,063.00 Total $45,719.25 For Ratification: Warrants#136-138 Benefits USA, Inc. (Flat Monthly Fee plus postage Invoice dated 12/1/16) $2,146.06 Fifth Third Bank(3'Qtr. 16 Custodian Fee-Inv dated 10/5/16) $3,792.44 FPPTA Trustees School Registration for William Maxwell) $500.00 Total $6,438.50 Benefits USA, Inc. (Flat monthly fee for January 2017) $2,100.00 Bogdahn Group(4th Qtr. 16 Consulting Fee-Invoice#20181 dated 12/29/16) $5,500.00 Christiansen&Dehner(Legal Fees-Invoice#29906 dated 12/31/16) $4,079.02 Sawgrass Asset Management(4th Qtr. 16 Mgmt Fee-Invoice dated 1/10/17) $12,865.53 Total $24,544.55 Fifth Third Bank(4th Qtr. 16 Custodian Fee-Invoice#5035026 dated 1/5/17) $3,801.17 Fifth Third Bank(Final Billing Custodian Fee-Invoice#5310772 dated 1/18/17) $2,658.64 Total $6,459.81 Pension Payments for Ratification: Tim Allen (Monthly Benefit payment effective 12/1/16) $2,557.02 Tim Allen(DROP distribution; $2,557.02 x 5 months; 20%PLOP plus interest) $101,823.09 1 Agenda posted 1/26/17 I NOTICE OF REGULAR MEETING City of Ocoee Police Officers' & Firefighters' Pension Board February 1,2017 1:00 PM VII. ATTORNEY'S REPORT: H.Lee Dehner,Esq. VIII. MISCELLANEOUS CORRESPONDENCE: (No action required) IX. COMMENTS FROM TRUSTEES: X. NEXT MEETING DATE: May 3,2017 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. { 2 Agenda posted 1/26/17