03-17-2014 CITY OF EDGEWATER
POLICE OFFICERS'PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N.Riverside Drive,Edgewater,Florida 32132
AGENDA
Monday,March 17,2014- 1:30 P.M.
Pursuant to Chapter 286, F.S., 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. December 16, 2013 Quarterly Meeting
2. January 30, 2014 Special Meeting
IV. NEW BUSINESS
1. Board Elections
a. David Arcieri, Chairman,term expires 6/6/14
b. John Tarr, Secretary,term expires 3/17/14
c. Lawrence Leaf, 5th Trustee,term expires 3/17/14
2. Fees incurred by the Board due to Salem Trust's transition to a new accounting
system.
V. OLD BUSINESS
VI. REPORTS (ATTORNEY/CONSULTANTS)
1. The Bogdahn Group,Jack Evatt, Performance Consultant
a. Quarterly report- December 31, 2013
2. Christiansen&Delmer, H. Lee Delmer, Board Attorney
a. Legislative update
3. Foster&Foster, Doug Lozen, EA, Board Actuary
a. October 1, 2013 Actuarial Valuation Report
VII. PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen & Delmer, professional legal fees through 12/31/2013, invoice 24156 -
$1,123.89
2. Integrity Fixed Income Management, LLC., quarterly management fee ending
12/31/2013,invoice 1767- $1,744.04
3. Dana Investment Advisors, fees from 07/01/2013 through 9/30/2013, invoice 31964
- $5,447.56
4. Dana Investment Advisors, fees from 10/01/2013 through 12/31/2013, invoice
32679 - $4,360.63
S. Foster&Foster,plan administration services,invoice 5802 - $4,772.26
6. Foster&Foster,actuarial consulting services,invoice 5830 - $322.00
7. The Bogdahn Group, performance evaluation and consulting services 01/01/2014
through 03/31/2014,invoice 10000 - $3,625.00
8. Salem Trust, custodian fees for 10/1/13 through 12/31/13, - $1,125.00 (fee will
automatically be charged to the account)
DEPOSITS-None
VIII. STAFF REPORTS,DISCUSSION,AND ACTION
1. Ferrell Jenne, Plan Administrator
a. Salem Trust Signature Authorization Form
b. State Annual Report update
IX. TRUSTEES'REPORTS,DISCUSSION,AND ACTION
X. ADJOURNMENT
NEXT MEETING DATE: June 16, 2014 at 1:30PM