04-28-2008Edgewater Firefighter's Pension Fund
Regular Meeting
April 28, 2008
Edgewater Fire Rescue Association
2626 Hibiscus
5:30 p.m.
CALL TO ORDER:
Chairman Jollie called to order the regular meeting of the Edgewater
Firefighters' Pension Fund Board on April 28, 2008 at 5:40 p.m. at
Edgewater Fire Rescue Association.
ROLL CALL:
Members present were Chairman Jim Jollie, Ron Hayward, and Gary
Butt. Also present was Lisa Spanraft of Bogdahn Consultant; Personnel
Director Donna Looney, Fire Chief Tracey Barlow, Lt. Mike Hayes and
Shontella Jackson, Recording Secretary.
Absent and excused: Laura Reilly 8v Marty Tse.
APPROVAL OF MINUTES:
The minutes of the February 20, 2008 meeting was submitted for
approval. MOTION by Gary Butt, SECOND by Ron Hayward to
approve the minutes of the February 20, 208 Edgewater Firefighter's
Pension Board as written. MOTION CARRIED UNANIMOUSLY.
NEW BUSINESS:
Presentation by Bogdahn Consultant
Lisa Spanraft of Bogdahn Consultant reviewed the first quarter quarterly
report with the Board.
Invoices for payment
Chairman Jim Jollie reviewed the outstanding invoices with the Board.
MOTION by Ron Hayward, SECOND by Gary Butt to pay the
outstanding invoices for Bogdahn Consultant in the amount of
2500.00; Foster & Foster in the amount of $5724.00; Sugarman &
Susskind in the amount of #3031.36 and Kenneth Harrison Sr. JD in
the amount of $3375.00. MOTION CARRIED UNANIMOUSLY.
Edgewater Firefighters' Pension Fund
Regular Meeting
04/28/08 Page 2
Chairman Jollie reviewed the contract that Foster &v Foster presented in
the previous meeting with the Board. MOTION by Ron Hayward.
SECOND by Gary Butt to accent the new contract with Foster &
Foster as written. MOTION CARRIED UNANIMOUSLY.
Division of Retirement
Chairman Jollie stated that the State has required several administrative
duties that need to be done to meet the State requirements. One of the
requirements the Division of Retirement is requesting is combining the
ordinances that have been on hold due to the share plan; also a new
summarized plan is needed. Chairman Jollie also stated that Doug
Logan sent a reply in regards to the Division of Retirement letter.
Old Business:
Share Plan
Chairman Jollie stated that the share plan has been submitted to city
hall and is awaiting a response from the City.
Disability pension update
Chairman Jollie stated that the disability report has been submitted and
the Board has been provided with a copy for their evaluation. Chairman
Jollie stated he would try to schedule a date as soon as possible with the
attorney and Mr. Newell. The Board members would be contacted with
the date and time of the schedule meeting.
DISCUSSION ITEMS:
Lisa Spanraft asked the Board if they would consider allowing Bogdahn
Consultants to set up accounts with Salem Trust. Chairman Jollie asked
Ms. Spancraft to send him an email with the reason and type of
accounts.
ADJOURNMENT:
Chairman Jim Jollie adjourned the meeting at 6:35 p.m.
Minutes respectfully submitted by:
Shontella Jackson
Recording Secretary
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