09-17-2012 Edgewater Firefighter's Pension Fund
September 17, 2012
Association Building
6:00 p.m.
CALL TO ORDER:
Chairman Jollie called to order the regular meeting of the Edgewater Firefighters'
Pension Fund Board on September 17, 2012 at 6:00 p.m. at the Edgewater Fire
Rescue Association.
ROLL CALL:
Members present were Chairman Jim Jollie, Dominick Fede, Barbara Scott,
Justin Nickels and Shontella Jackson, Recording Secretary. Also present were
David Kelly of Bowen Hanes, and Jack Evatt of Bogdahn Group.
Gary Butt was absent and excused.
NEW BUSINESS:
Report by Bowen Hanes
David Kelly of Bowen Hanes presented the September 2012 performance
summary. The Board reviewed and discussed the portfolio summary.
Report by Bogdahn Consultants
Jack Evatt of Bogdahn Group presented the second quarter report ending June
30, 2012. The Board reviewed and discussed the quarterly report.
Board vacancies
The Board currently have a vacancy and looking for any interested applicants to
apply with the City Clerk.
INVOICE(S)
Sugarman & Susskind PA $787.50
The Board agreed upon payment of the invoice from Sugarman & Susskind.
MOTION by Barbara Scott. SECOND by Dominick Fede to aay the
outstandina invoice. MOTION CARRIED UNANIMOUSLY.
Board Appointment
Chairman Jim Jollie passed the gavel to Dominick Fede and presented his letter
of resignation from the Edgewater Firefighters' Pension Board effective
immediately. A nomination for chairman was presented. MOTION by Jim
Jollie. SECOND by Barbara Scott to nominate Dominick Fede as Chairman
of the Ed ewater Firefi hter's Pension Board. MOTION CARRIED
UNANIMOUSLY. A nomination was presented for secretary. MOTION by Jim
Jollie. SECOND by Barbara Scott to nominate Justin Nickels as Secretary
of the Ed ewater Firefi hter's Pension Board. MOTION CARRIED
UNANIMOUSLY.
Salem Trust signature update
The Board will need to update the signature page with three active Board
members as soon as possible.
ADJOURNMENT:
MOTION by Jim Jollie, SECOND by Barbara Scott to adjourned the meeting
at 7:20 p.m.
Minutes respectfully submitted by:
Shontella Jackson, Recording Secretary
2