10-24-2001 EDGEWATER POLICE PENSION BOARD
REGULAR MEETING
October 24,2001
Minutes
CALL TO ORDER
The Police Pension Board regular meeting was called to order in the City of Edgewater Community
Center, Wednesday, October 24, 2001, 1=00 p.m.
ROLL CALL
Members present were Gary Conroy, Rena Green, Phil Niebieski, Jon Williams, and Ferdinand Heeb.
Also present were Debby Sigler, Personnel Director, and William Talley, Burgess Chambers &Associates.
APPROVAL OF MINUTES
Rena Green made a motion to accept the minutes of the September 12, 2001 meeting as written, second
by Jon Williams. Motion CARRIED 4-0. Member Ferdinand Heeb abstained.
OLD BUSINESS
Chair Conroy asked for a printout of the Police Pension Board account.
The board discussed expending plan funds and approving expenditures in advance.
Ferdinand Heeb made a motion to not expend funds without preapproval by the board, second by Jon
Williams. Motion CARRIED 5-0.
Chair Conroy reported the FPPTA was being held January 28-30, 2002 at the Marriott-Sawgrass, Ponte
Vedra. The board discussed learning more about the duties and responsibilities of Trustees; it being too
early to determine who could attend; and who would like to attend.
Ferdinand Heeb made a motion for the board to support those members that can attend any FPPTA
conference, second by Phil Niebieski. Motion CARRIED 5-0.
NEW BUSINESS
William Talley from Burgess Chambers &Associates made a pension plan presentation.
The board discussed pension plans; ranking of plans; reviewed prime products; ideas to enhance the
portfolio; firm compliance; and looking at other firms.
Ferdinand Heeb made a motion to advertise for a service provider for individual retirement services,
second by Jon Williams. Motion CARRIED 5-0
Board members also discussed pension board member's duties only being administrative; benefits to
belonging to a union; new hires physical examination requirements; and possible dates for the next
meeting.
ADJOURNMENT
With no further business Jon Williams made a motion to adjourn, second by Ferdinand Heeb. The
meeting adjourned at 2=27 p.m.
PPB Minutes 10-24-2001 1
EDGEWATER POLICE PENSION BOARD
REGULAR MEETING
October 24,2001
Minutes
Minutes respectfully submitted on 1/26/2015 by:
Mitch Honaker, Deputy City Clerk
PPB Minutes 10-24-2001 2