09-05-2001
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Edgewater Firefighters' Pension Fund
Regular Meeting
Wednesday, September 5,2001
6:30 p.m.
Call to Order: Chairman Jollie called a regular meeting of the Edgewater Firefighters'
Pension Board to order on Wednesday, September 5, 2001 at 6:40 p.m. in the kitchen of
Fire Station #57. Members present were: Chairman Jim Jollie, Ms. Laura Reilly, and
Captain Jill Landreville. Mr. Gary Butt was excused and Mr. Marty Tse was absent.
Also present were Chief Tracy Barlow, and Beverly Kinney-Johnson, Recording
Secretary.
Minutes: The minutes of the May 10, 2001 meeting were presented for approval. A
motion to approve the minutes as submitted was made by Ms. Reilly, seconded by
Captain Landrevillle. Motion carried 3-0.
New Business:
New address for Foster and Foster: 6290 Corporate Court, C-201, Fort Myers, Florida
33919.
Final Compensation Request from William Vola: Chairman Jollie will write cover
letter to send with Notification of Retirement Benefits forms.
Old Business:
2000 Annual Yearly Report: Chairman Jollie stated the 2000 Annual Yearly Report has
been completed by the Personnel and accepted by the State.
Actuarial Study between General City employees and Fire Department (tabled at May
10, 2001 meeting): Chairman Jollie stated this item was once again tabled. He has
requested further information from Foster and Foster, but it has not yet arrived.
Fiduciary Liability Insurance (To be paid by the City): Chief Barlow has discussed this
item with City Manager Hooper and Finance Director Michelle Goins.
There was discussion of possibly getting all three (3) Pension Boards together for a
meeting, General Employees Pension Board, Firefighters' Pension Board, and the Police
Pension Board.
Edgewater Firefighters' Pension Board
Regular Meeting, September 5, 2001
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Captain Landreville stated she would discuss Fiduciary Insurance with Robin Matusick,
legal office, and Coregis. Chief Barlow suggested that someone contact Officer Gary
Conroy, Councilperson Judy Lichter or Director or Parks and Recreation, Jack Corder.
This item has been in the works for at least two (2) years. Captain Landreville stated she
will take on project, or at least get it started, possibly sending letters to the other Pension
Boards.
Status of Summarized Plan Description: Chairman Jollie stated any changed above and
beyond F.S. 175 would be made by Ordinance. He also pointed out items C and D of
page four (4) are minimum requirements. Motion to approve made by Captain
Landreville, seconded by Ms. Reilly. Motion passed 3-0. Copies will be made and
distributed to all current employees.
Mr. Foster's Improvement Recommendations: This item has been tabled, because the
information requested has not yet been received.
Captain Landreville's Phone Conversation with Lance Powers concerning Investment
Guidelines: The Board needs to investigate consultants to oversee investments. Captain
Landreville will start by contacting Lance Powers. An independent professional
consultant is needed for the job. Gavel passed from Chairman to Secretary. Jim Jollie
moved to have Captain Landerville contact Lance Powers regarding independent
consultants. Gavel passed back to Chainnan Jollie. Motion seconded by Captain
Landreville. Motion carried 3-0.
DISCUSSION ITEMS:
Pension Schools: No one on the Board can attend at this time.
Meeting Schedule: Chairman Jollie suggested the Board meet next month (October),
due to all the issues facing the Board. Captain Landreville stated someone should contact
Board member Marty Tse and inform him - he has many other obligations and may not
be able to fulfill his duties as a member.
ADJOURNMENT: Motion made by Captain Landreville. Meeting adjourned at 7: 10
p.m.
Edgewater Firefighters' Pension Board
Regular Meeting September 5, 2001
Page 3
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MEETING RECONVENED AT THE REQUEST OF CHAIRMAN JOLLIE: All
members agreed.
Chairman Jollie and Chief Barlow discussed with the Board an Ordinance from Bunnell
regarding a Pension plan that included volunteers turned career and volunteers'
themselves being included in a pension plan. Chief Barlow stated there may be credit for
volunteers' that may not cost the City and more. It was agreed that all members would
receive a copy of the Ordinance from Bunnell for discussion at the next regular meeting
scheduled for October.
ADJOURNMENT: Motion made by Captain Landerville. Meeting adjourned at 7:26
p.m.
Respectfully submitted by
Beverly Kinney-Johnson
Recording Secretary
Pension Board 090501