Agenda 08-06-14
BOYNTON BEACH FIREFIGHTERS’ PENSION FUND
QUARTERLY BOARD MEETING
WEDNESDAY, AUGUST 6, 2014 @ 9:00AM
Renaissance Commons Executive Suites
1500 Gateway Blvd., Suite 220
Boynton Beach, FL 33426
AGENDA
I.
CALL TO ORDER – Luke Henderson, Chairman
II. AGENDA APPROVAL -
III. APPROVAL OF MINUTES
–Quarterly meeting May 1, 2014
IV. FINANCIAL REPORTS:
A). Bogdahn Consulting – Dave West, Consultant
1
) Investment Performance Review for Quarter 6-30-2014
a) Anchor Capital Advisors – Status update
2) Middle Market Debt – Update
a) LBC Credit Partners III
b) Crescent Direct
B) Attorney Report – Adam Levinson
1) Four Year Terms for Trustees - Status
V. CORRESPONDENCE –
th
1)
44 Annual Pension ConferencePolice & Fire – November 17-19 Orlando, FL
VI. OLD BUSINESS –
1
) Tentative Schedule for 2015 Quarterly Board Meetings –New dates & time.
2) Special Board Meeting – March 2015 – Presentation of Audit & Valuation for
PYE 9-30-2014
VII. NEW BUSINESS
:
A.Invoices for review and approval:
1. Schroder Fixed Income Mgt – Qtry fee 09-30-14 - $
2. DSM Capital Partners LLC – Qtry fee 9-30-14 - $20,195.68
3. Bogdahn Group – Qtry fee 06-30-2014 - $8,375
4. Klausner, Kaufman, Jensen & Levinson – Service Apr/May/Jun - $9,660
6. Anchor Capital Advisors – Quarterly fee – 06-301-2014 - $15,111.44
7. GRS - Service May 2014 - $1,432 & Jun 2014 -$450
1
$8,282.85
8. Intercontinental- Management Quarterly fee 03-31-2014 -
withheld from dividend reinvestment plan.
B) Salem Trust –
Letter dated 5-29-14 - Update of authorized signor “Signature
Authorization”.
VIII. PENSION ADMINISTRATOR’S REPORT:
1.Benefits as of PYE 08-01-2014
2. “Alive & Well” Statements - 11 outstanding
IX. COMMENTS
X. ADJOURNMENT
Next Meeting Date – WEDNESDAY, NOV 5, 2014 @ 9:00AM–
Renaissance Commons Executive Suites
If you cannot attend, please call Barbara @ 561/739-7972.
NOTICE
F’PB
IF A PERSON DECIDES TO APPEAL ANY DECISION MADE BY THE IREFIGHTERS ENSION OARD WITH RESPECT TO ANY MATTER
,/,,/
CONSIDERED AT THIS MEETING HESHE WILL NEED A RECORD OF THE PROCEEDINGS AND FOR SUCH PURPOSE HESHE MAY NEED TO
,
ENSURE THAT A VERBATIM RECORD OF THE PROCEEDING IS MADE WHICH RECORD INCLUDES THE TESTIMONY AND EVIDENCE UPON
.(..286.0105)
WHICH THE APPEAL IS TO BE BASED FS
THE CITY SHALL FURNISH APPROPRIATE AUXILIARY AIDS AND SERVICES WHERE NECESSARY TO AFFORD AN INDIVIDUAL WITH A
,,
DISABILITY AN EQUAL OPPORTUNITY TO PARTICIPATE IN AND ENJOY THE BENEFITS OF A SERVICE PROGRAM OR ACTIVITY CONDUCTED
.CC’(561)742-6060-
BY THE CITY PLEASE CONTACT ITY LERKS OFFICE AT LEAST TWENTYFOUR HOURS PRIOR TO THE PROGRAM OR
.
ACTIVITY IN ORDER FOR THE CITY TO REASONABLY ACCOMMODATE YOUR REQUEST
TB(C).I
HE OARD OMMITTEE MAY ONLY CONDUCT PUBLIC BUSINESS AFTER A QUORUM HAS BEEN ESTABLISHED F NO QUORUM IS
CC
ESTABLISHED WITHIN TWENTY MINUTES OF THE NOTICED START TIME OF THE MEETING THE ITY LERK OR DESIGNEE WILL SO NOTE
.B
THE FAILURE TO ESTABLISH A QUORUM AND THE MEETING SHALL BE CONCLUDED OARD MEMBERS MAY NOT PARTICIPATE FURTHER
.
EVEN WHEN PURPORTEDLY ACTING IN AN INFORMAL CAPACITY
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