06-16-2014 CITY OF EDGEWATER
POLICE OFFICERS'PENSION BOARD OF TRUSTEES QUARTERLY MEETING
CITY HALL COUNCIL CHAMBERS
104 N.Riverside Drive,Edgewater,Florida 32132
AGENDA
Monday,June 16,2014- 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. March 17,2014 Quarterly Meeting
IV. NEW BUSINESS
1. Board Re-Elections
a. David Arcieri, new term expires 06/06/2016
b. John Tarr, Secretary, new term expires 03/17/2016
2. Establishment of offices, Chairman and Secretary
V. OLD BUSINESS
VI. REPORTS (ATTORNEY/CONSULTANTS)
1. The Bogdahn Group,Jack Evatt,Performance Consultant
a. Quarterly report-March 31,2014
2. Christiansen&Delmer,H. Lee Delmer,Board Attorney
a. Legislative update
VII. PROCESSED DISBURSEMENTS/RETURN OF CONTRIBUTIONS/DEPOSITS
DISBURSEMENTS
1. Christiansen & Delmer, professional legal fees through 02/28/2014, invoice 24415 -
$36.50
2. Christiansen & Delmer, professional legal fees through 03/31/2014, invoice 24559 -
$978.78
3. Integrity Fixed Income Management, LLC., quarterly management fee ending
03/31/2014,invoice 1794- $1,779.72
4. Dana Investment Advisors, fees from 01/01/2014 through 03/31/2014, invoice
34762 - $4,523.65
S. Foster&Foster,plan administration services,invoice 6097- $4,770.14
6. Foster&Foster,actuarial consulting services,invoice 6105 - $3,214.00
7. The Bogdahn Group, performance evaluation and consulting services 04/01/2014
through 06/30/2014,invoice 10366- $3,625.00
8. Salem Trust, custodian fees for 01/01/2014 through 03/31/2014, - $1,125.00
(fee will automatically be charged to the account)
9. R. Mumpower-exited DROP 03/21/2014 with lump sum of $107,606.97 and
monthly benefit of $2,679.60 payable on 04/01/2014, 100% continued to Joint
Annuitant
10. J. Conyers-refund of member contributions in the amount of$4,673.27
DEPOSITS-None (statements available through April 2014)
VIII. STAFF REPORTS,DISCUSSION,AND ACTION
1. Ferrell Jenne,Plan Administrator
a. Cash Management Sweep Authorization Form,Salem Trust
b. James Milien,repayment of missed contributions
IX. TRUSTEES'REPORTS,DISCUSSION,AND ACTION
X. ADJOURNMENT
NEXT MEETING DATE: September 15, 2014 at 1:30PM