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07-14-1997 I' ~ ...." Edgewater Police Pension Plan Board of Trustees P.O. Box 489 Edgewater, Florida 32132 Minutes A meeting of the Board of Trustees of the City of Edgewater Retirement Board was called to order at 6:D6 p.m. on July 14, 1997, at the Edgewater Community Center. Call To On){'I': Chairman Gary Conroy called the meeting to order. Memhers present were Ferd //eeb, Glenn Barnhill. Gmy Conroy, Bill Len & Ruth Garvey. Also present were Klista Storey, Jack Ascher! (Ien the meeting at 6: /5 p.m.) and Kathy Smith, Recording Secret,uy. Allproval of Minutes: After hrief discussion, Ferd Heeb made a motion to accept the minutes of the May 29, 1997 meeting as written, seconded hy Ruth Garvey and it carried 5 - D. Ferd Heeh Glenn Barnhill Gary Conroy Bill Lenz Ruth Garvey yes yes yes yes yes New Business: I ) .lack Ascherl discussed the CUlTcnt stock account report which shows the current asset mix which relates to the pic charts shown. 2) Fenl Heeh discussed the resolutions delegating certain responsibilities and authority to the City of Edgewater Human Resource Director and to the Finance Director. MisCl'lIaneolls: I ) Annual report from Principal was sent to Gary Conroy. 2) (iary Conroy said that the F.P.P.T.A. annual conference will be held the end of June ill ()rlando. 3) (i,uy Conroy said the bill for the Police Pension Board's post otlice box will be coming due next month. In a previous meeting Ferd Heeb had made a motion to continue to pay the bill until the post office box would no longer he needed for the Pension Board. Karen Rickelman thought that the minutes were not explicit enough and that she has declined to pay the hill for the post oflice box on a continuous basis. ,..,. ,."" Motion: Ferd Heeb made a motion to continue the contract for the Post Oftice Box on an inddinite basis, to he terminated at the will of the board. and to direct the Finance Department. The City of Edgewater. to pay the annual box rental when due annually, until further notitication by the board. The motion was seconded hy Glenn Barnhill and it carried 5 - O. Fenl Heeb Glenn Barnhill Gary Conroy Bill Len/: Ruth Garvey yes yes yes yes yes Motion: Ferd Heeh made a motion to elect Bill Len as Secretary and this was seconded by Glenn Barnhill and it can-ied 5 - O. Ferd Ilceh Glenn Barnhill Gary ('onroy Bill Len/: Ruth Garvey yes yes yes yes yes There was a brief discussion reference adopting a resolution by the Police Pension Board to delegate certain responsibilities to the Finance Director and Human Resource Director. Motion: Ferd Heeb made a motion to accept the resolution delegating certain responsibilities to the City of Edgewater. Finance Director and it was seconded by Ruth Garvey and carried 5 - I Fad Heeh Glenn Barnhill Gary Conroy Bill Ll:n Ruth (iarvey yes yes yes yes yes Motion: Ferd Heeb made a motion to accept the resolution delegating certain rl:sponsihilities to the City of Edgewater. Human Resource Director and it was seconded by Bill Len and carried 5 - I Ferd Hech Glenn Barnhill Gary Conroy Bill Len Ruth Garvey yes yes yes yes yes ....,. "will Misccllancous: I) Gary Conroy said that there is a upcoming conference, "Guns and Hoses" for police and fire pensions, which will be held in Key West, Florida in September 14th - 17th, at a cost of $695.00. Gary Conroy said there is also a conference being held in Maitland by the Division of Retirement sometime in October. (Glenn Barnhill said that he would like to attend this meeting.) Gary Conroy said that FPPT A will also be having their conference in St Pete sometime in October. Ferd Heeb said that he spoke with Susan Wadsworth in reference to the manuals and she docs not have thelll completed as of this date. 2) Communication with Mayor and City Council A letter was sent to the Mayor and City council in reference to Bill Len being voted in as our new Pension Board Tmstee. Motion: There being no further discussion a motion was made by Ruth Garvey to adjourn the meeting and it was seconded by Ferd Hceb and it carried 5 - 0 and the meeting was adjourned at 6:49 p.m. Fenl Heeb Glenn Barnhill Gary Conroy Bill Len Rut h (iarvey yes yes yes yes yes