06-13-2011 - Joint Special General Employees' and Police Pension Boards of Trustees
Minutes - Joint Special Meeting
June 13, 2011
Page 1 of 2
CITY OF EDGEWATER
GENERAL EMPLOYEES' and POLICE OFFICERS' PENSION BOARD OF TRUSTEES
JOINT SPECIAL MEETING
CITY HALL COUNCIL CHAMBER
104 N. Riverside Drive, Edgewater, Florida 32132
Monday, June 13, 2011
10:00 a.m.
MINUTES
CALL TO ORDER/ ROLL CALL/DETERMINATION OF A QUORUM
The Edgewater General Employees' and Police Officers' Pension Boards held a special meeting on
Monday, June 13, 2011 in the City Hall Council Chamber at the City of Edgewater, Florida.
Members Present (General): Tim Sopko
John McKinney
Bobby Laramore
Brenda Dewees
Tyna Hilton
Gigi Bennington
Members Absent (General): John Brackin
Members Present (Police): Dan Blazi
Gary Conroy
Lawrence Leaf
Ferd Heeb
Members Absent (Police): Vincent McCauley
Plan Attorney: H. Lee Dehner
Milberg Attorneys: Roland Riggs (by telephone)
Anita Kartalopolous (by telephone)
Ariana Tadler (by telephone)
Christopher Polaszek
City Attorney: Aaron Wolfe
Performance Consultant: Jack Evatt, The Bogdahn Group
Plan Administrator: Sheila Hutcheson
Plan Actuary: Brad Heinrichs, Foster & Foster (by telephone)
City Staff: Tracey Barlow, City Manager
Donna Looney, Personnel Director
The special meeting of the Police Officers' and General Employees' Boards of Trustees was called to
order at 10:02 a.m. and 10:03 a.m. by Chairman Bennington and Chairman Blazi, respectively. Both
Boards had a quorum.
Status Report - Issues with Principal (Milberg LLP and other consultants)
Attorneys Polaszek and Dehner, along with other Milberg Attorneys summarized relevant information
for the Boards regarding the issues with Principal and potential settlement options in this regard. They
will keep the Boards apprised of the status of negotiations.
STAFF REPORTS, CONSULTANTS' REPORTS, DISCUSSION /ACTION - None.
General Employees' and Police Pension Boards of Trustees
Minutes - Joint Special Meeting
June 13, 2011
Page 2 of 2
TRUSTEES' REPORTS, DISCUSSION, AND ACTION/REQUESTS FROM THE
PUBLIC/EMPLOYEES PRESENT - None.
ADJOURNMENT
The Boards adjourned at 10:58 a.m.
Respectfully Submitted: Approved:
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Sheila Hutcheson • 1 : n
Plan Administrator ''1i,- •fficers' ensio Board
Approved:
' Gigi i L 1 t1\
n, Chairman
General Employees' Pension Board