12-16-2013 CITY OF EDGEWATER
GENERAL EMPLOYEES'PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N. Riverside Drive,Edgewater,Florida 32132
AGENDA
Monday,December 16,2013 - 11:00 A.M.
Pursuant to Chapter 286,RS.,if an individual decides to appeal any decision made with respect to any matter considered at a meeting or
hearing,that individual will need a record of the proceedings and will need to insure that a verbatim record of the proceedings is made.
In accordance with the Americans with Disabilities Act, persons needing assistance to participate in any of these proceedings should
contact City Clerk Bonnie Wenzel,386-424-2400,Ext#1101,prior to the meeting.
I. CALL TO ORDER/ROLL CALL/DETERMINATION OF A QUORUM
II. PUBLIC COMMENTS
III. APPROVAL OF MINUTES
1. September 16, 2013, Special Meeting (prepared by Julie Christine)
2. September 16, 2013, Quarterly Meeting (prepared by Julie Christine)
3. October 2, 2013, Special Meeting (prepared by Ferrell Jenne)
IV. NEW BUSINESS
1. Board transition to 5 members
2. 2014 Meeting Dates
V. OLD BUSINESS
VI. REPORTS (ATTORNEY/CONSULTANTS)
1. The Bogdahn Group, Performance Consultant
a.Quarterly report- September 30, 2013
2. H. Lee Delmer, Plan Attorney
VII. PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS:
1. Christiansen&Delmer,professional legal fees as of 09-30-13,invoice 23781 - $3,083.73
2. Christiansen&Delmer,professional legal fees as of 10-31-13,invoice 23892 - $1,968.72
3. The Bogdahn Group, performance evaluation and consulting services from 10/01/13
through 12/31/13,invoice 9648- $3,625.00
4. Foster & Foster, actuarial consulting services through 11/22/2013, Invoice 5545 -
$738.00
5. Integrity Fixed Income Management, LLC., quarterly management fee, invoice 1738 -
$2,674.60*
*Account funded on 06/25/2013, invoice represents quarterly fees prorated to the
funding start date
6. Integrity Fixed Income Management, LLC., management fee for quarter ending
09/30/2013 - $150.40
7. Foster&Foster,plan administration services,invoice 5581 - $7,722.31
DEPOSITS- None
VIII. STAFF REPORTS,DISCUSSION,AND ACTION
1. Ferrell Jenne, Plan Administrator
a. Salem Trust letters,second and third quarter discounts of 10%of total cost
b. Addendum to Investment Management Agreement for Integrity Fixed Income
c. Fee Survey results
d. Florida Department of State, Records Management Compliance Statement
IX. TRUSTEES'REPORTS,DISCUSSION,AND ACTION
X. ADJOURNMENT