12-14-2009Edgewater Firefighter's Pension Fund
Regular Meeting
December 14, 2009
Association Building
6:00 p.m.
CALL TO ORDER:
Chairman Jollie called to order the regular meeting of the Edgewater Firefighters'
Pension Fund Board on December 14, 2009 at 6:00 p.m. at Edgewater Fire Rescue
Association.
ROLL CALL!
Members present were Chairman Jim Jollie, Ron Hayward, Gary Butt, Laura Reilly and
Debbie Harrison. Also present was Mike Welker and Tyler Grubbs of Bogdahn
Consultant, and Shontella Jackson, Recording Secretary.
APPROVAL OF MINUTES:
The minutes of the September 14, 2009 meeting was submitted for approval. MOTION
by Gary Butt, SECOND by Debbie Harrison to approve the minutes of the
December 14, 2009 Edgewater Firefighter's Pension Board as written. MOTION
CARRIED UNANIMOUSLY.
NEW BUSINESS:
Bogdahn Quarterly report
Mike Welker of Bogdahn Consultants reviewed the Edgewater Firefighters' Pension
quarterly report with the Board.
Bogdahn Consultant
Mike Welker discussed the fee adjustment for Bogdahn Group with the Board. Mr.
Welker presented fee analysis for the Board to review and compare. The new fee
amount would be $14,500 for three years with the meetings on the same dates as other
City of Edgewater Boards. The price would be guaranteed for three years (2010- 2013).
MOTION by Gary Butt, SECOND by Ron Hayward to accept the proposed fee
increase of $14,500. MOTION CARRIED UNANIMOUSLY.
2010 Meeting Dates
Chairman Jim Jollie reviewed board members terms and the meeting dates with the
Board as follows: March 15, 2010, June 7, 2010, September 13, 2010 and December
13, 2010 at 6 pm.
ADJOURNMENT:
Chairman Jim Jollie adjourned the meeting at 6:41 p.m.
Minutes respectfully submitted by:
Shontella Jackson
Recording Secretary