08-20-2004
POLICE OFFICERS' RETIREMENT PLAN
BOARD OF TRUSTEES MEETING
August 20, 2004 - 9 a.m.
Aventura Government Center
19200 West Country Club Drive
Aventura, Florida 33180
1.
Call to Order. The meeting was called to order at 9 a,m.
Members present:
Harris Friedman
Sgt. Marc Greenberg
Christine Hagan
Officer Michael Leoncini
Craig D. Shapiro
Also present:
Adam Levinson, Esq.
A motion was offered by Mr. Friedman, seconded by Ms. Hagan and unanimously
passed to take items 4, 5, and 6 out of order and address at this time.
4. Annual Report: Sgt. Greenberg requested that the report be amended to reflect
the correct spelling of his name. A motion was offered by Officer Leoncini, seconded
and unanimously passed to approve the annual report and authorize execution by the
Chairman and Secretary for submittal to the Division of Retirement.
5. Contract for Actuarial Services: A motion was offered by Mr. Friedman,
seconded by Ms. Hagan and unanimously passed to retain the services of Mellon
Financial Corporation for actuarial services for the current year.
6. Contract for Auditina Services: A motion was offered by Mr. Friedman,
seconded by Ms. Hagan and unanimously passed to retain the services of Keefe,
McCullough & Co., LLP for auditing services for the current year.
2.
Approval of Minutes - Auaust 13, 2004: Deferred to August 27,2004.
3. Presentations bv Investment Consultants: Presentations were made to the
Board by John McCain representing GRS Asset Consulting Group; Gary Owens and
Keith Medlock representing UBS Financial Services, Inc.; and Joe Bogdahn and Mike
Walker, representing Bogdahn Consulting LLC.
7. Review of Summary Plan Description/Operatina Rules and Procedures:
Deferred to September 10, 2004.
Approved by the Board on September 27,2004.
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