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11-16-1992 rtl Y~af~ CITY OF EDGEWATER . Volusia County POST OFFICE BOX 100 . EDGEWATER, FLORIDA 32132 (904) 427-4103 . (904) 427-3804 Chief SunCom 371-7007 LAWRENCE F. SCHUMAKER CHIEF OF POLICE CITY OF EDGEWATER POLICE PENSION BOARD MEETING NOVEMBER 16, 1992 10:00 A.M. SQUAD ROOM, EDGEWATER POLICE DEPARTMENT A MEETING OF THE BOARD OF TRUSTEES OF THE CITY OF EDGEWATER POLICE RETIREMENT BOARD CALLED TO ORDER BY CHAIRMAN, LARRY WESTFALL, AT 10:00 A.M., IN THE SQUAD ROOM OF THE EDGEWATER POLICE DEPARTMENT. ROLL CALL: MEMBERS PRESENT: CHAIRMAN, LARRY WESTFALL, SECRETARY, RUTH GARVEY, RUTH O'ROURKE, JOHN BORZNER, AND GARY CONROY WHO WAS VOTED IN AS NEWEST MEMBER AT THIS MEETING. ALSO PRESENT WAS ATTORNEY ROBERT SUGARMAN AND PENSION BOARD RECORDER, LINDA KIRKLAND. APPROVAL OF MINUTES: A MOTION WAS MADE BY JOHN BORZNER AND SECONDED BY RUTH O'ROUKE TO APPROVE MINUTES OF SEPTEMBER 25, 1992. MOTION WAS CARRIED 5-0. OLD BUSINESS: ATTORNEY ROBERT SUGARMAN REVIEWED THE RESTATED PENSION BOARD PLAN AND POINTED OUT THAT THERE WERE 25 CHANGES THAT NEEDED TO BE MADE AND THAT HE WOULD OUTLINE THESE ITEMS AND SEND A COpy FOR MEMBERS TO GO OVER. THESE CHANGES NEEDED TO BE MADE TO BRING CONTRACT UP TO DATE WITH STATE AND FEDERAL LAWS. JACK ASCHERL WAS UNABLE TO MAKE IT TO THIS MEETING SO WE WERE UNABLE TO GO OVER THE ACTUARIAL VALUATION. NEW BUSINESS: ~ ..." ~3 A MOTION WAS MADE BY JOHN BORZNER AND SECONDED BY RUTH O'ROURKE TO HAVE MONTHLY MEETINGS INSTEAD OF QUARTERLY. MOTION WAS CARRIED 5-0 A MOTION WAS MADE BY RUTH O'ROURKE AND SECONDED BY JOHN BORZNER TO APPROVE GARY CONROY FOR NEW PENSION BOARD MEMBER TAKING BILL BENNETT'S PLACE AS HE RESIGNED. MOTION WAS CARRIED 4-0. A MOTION WAS MADE BY GARY CONROY AND SECONDED BY RUTH O'ROURKE TO HAVE THE CITY CUT A CHECK FOR ATTORNEY ROBERT SUGARMAN. MOTION CARRIED 5-0. A MOTION WAS MADE BY GARY CONROY AND SECONDED BY JOHN BORZNER TO HAVE ATTORNEY ROBERT SUGARMAN TYPE UP A LETTER TO THE DEPARTMENT OF ADMINSTRATION REFERENCE THEIR LETTER AND THE AMOUNT OF MONEY BEING COLLECTED FROM ALL OFFICERS. MR. SUGARMAN WILL TYPE AND HAVE CHAIRMAN SIGN AND MAIL OUT. THERE WILL BE A CHARGE FROM MR. SUGARMAN OF 1/2 (ONE HALF) HOUR FOR MR. SUGARMAN'S TIME. AND LARRY WESTFALL WAS AUTHORIZED TO SIGN. MOTION CARRIED 5-0. ADJOURNMENT: A MOTION FOR ADJOURNMENT WAS MADE BY GARY CONROY AND SECONDED BY JOHN BORZNER. MOTION CARRIED 5-0. MINUTES RESPECTIVELY SUBMITTED BY, LINDA KIRKLAND PENSION BOARD RECORDER