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12-23-1991 .... ...",. CITY OF EDGEWATER FIREMEN'S PENSION BOARD MINUTES REGULAR MEETING Monday, December 23, 1091 6:40 P.M. The Regular Meeting of the Firemen's Pension Board was called to Order by Chairman Ben Wagner on Monday, December 23, 1991 at 6:40 P.M. in the Conference Room of City Hall. ROLL CALL: Members present were: Lt. Larry Carson, Mr. Al Gilbert, Mr. Robert Morin, and Chairman Ben Wagner. Also present was Lisa R. Warren, Recording Secretary. MINUTES: The Minutes for the Regular Meeting of October 21, 1991 were submitted for approval. Mr. Gilbert moved to accept the minutes as written. Robert Morin seconded. Motion CARRIED 4-0. UNFINISHED BUSINESS: Chairman Wagner stated the next item on the Agenda was the election of Firefighter James Castetter by the Firefighters to take the place of Bill Finch on the Board. Chairman Wagner stated the Board will welcome him at the next meeting and the letter has been sent to the City to formalize him at the next Council meeting. The next item on the Agenda was the election of officers. Chairman Wagner stated the Secretary was no longer a member of the Board and as they can see from their packets, his letter of resignation as Chairman is in it. Chairman Wagner opened nominations of the office of Chairman. Lt. Carson nominated Al Gilbert. Mr. Morin seconded. There were no other nominations for the office of Chairman. Chairman Wagner closed the nominations for Chairman. Motion CARRIED 4-0. (Mr. Gilbert abstained and as there was no conflict of interest it is considered an affirmative vote.) Chairman Wagner stated since the vote went as it did, he declared Mr. Gilbert Chairman and turned over the running of the remainder of the meeting to Chairman Gilbert. Mr. Wagner congratulated Chairman Gilbert and assured him of his utmost support. Chairman Gilbert thanked the Board. Chairman Gilbert stated the Secretary position should be put on hold until the new member is present at the next meeting. Lt. Carson moved to table the vote for Secretary until the next meeting. Mr. Wagner seconded. Motion CARRIED 4-0. Chairman Gilbert stated he would get with the Recording Secretary after the holiday and get the letter and mailing list for the Custodians. He stated they might want a bank to be the Custodian rather than hire a Custodian. Chairman Gilbert stated he would like to see a joint meeting between the Board and the City to convey to the City how we can work together for the benefit of the Pension Fund. He stated he would like it to be in January and would like Attorney Sugarman to be there. Chairman Gilbert stated the letter for the State describing the Chapter Plan with a 2 1/2% still needs to be done and he would get to it after the holidays. Mr. Morin stated he had turned in a bill for the briefcases. He purchased 5 briefcases for $19.00 each. Mr. Morin moved to send a check to for the bill for the briefcases. Mr. Wagner seconded. Motion CARRIED 4-0. 1 ..,. ..., Firemen's Pension Trust Board Minutes 12/23/91 Page 2 NEW BUSINESS: Chairman Gilbert stated the State Audit needed to be done. He stated if it meets the requirements of the State they would take an exerpt of the City's audit and let it go for this year. Chairman Gilbert stated Attorney Sugarman's bill needed to be itemized as it was cumbersome to read. Mr. Wagner moved to pay the bill and future bills should be clarified to meet the Finance Director's criteria. Mr. Morin seconded. Motion CARRIED 4-0. Mr. Wagner suggested extending thanks to Mr. Morin for the job he did on the briefcases. Chairman Wagner thanked Mr. Morin. There was discussion concerning Attorney Sugarman's contract that had been questioned by the Finance Director relating that it was a letter of engagement and there was no retainer fee. DISCUSSION ITEMS: Chairman Gilbert stated he wanted to set up a meeting between the Board, the City Attorney, and the new City Manager sometime in January. He stated the City needed to be informed as to the powers and responsibilities required of the Board by State Statute. There was discussion as to the date of the next meeting. The meeting was set for Tuesday, January 22, 1992. There being no more business, Lt Carson moved to adjourn. Mr. Morin seconded. Meeting adjourned 7:12 P.M. Minutes respectfully submitted by: Lisa R. Warren, Recording Secretary It a~ person decides to appeal any decision made b.Y the Pension Board of Trustees with respect to any matter considered at the above meeting, that person will need a record of the proceedings and, for such purpose, may need to ensure that a verbatim record ot the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. lw 2