11-15-2007 Joint MeetingC~
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Minutes
City of Clermont, Florida
Police Officers/Firefighters Pension Board of Trustees Joint Meeting
November 15, 2007
Meeting started at 9:00 a. m. in the Clermont City Hall conference Room No.
307. Police Officers' trustees present were Keith Mullins, Less Booker and David
Lofgren. Firefighters' trustees present were Keith Mullins, Kevin Rausch, Frank
Maglione and Russ Stromberg. Joe Van Zile, Administrative Services Director
was also present.
Minutes of the June 28, 2007 Firefighters' Pension meeting were approved.
Motion by Frank Maglione and seconded by Russ Stromberg. Minutes of the
June 28, 2007 Police Officers Pension meeting were approved. Motion by David
Lofgren and seconded by Less Booker.
Minutes of the September 27, 2007 Firefighters' Pension meeting were
approved. Motion by Keith Mullins and seconded by Frank Maglione. Minutes
of the September 27, 2007 Police Officers Pension meeting were approved.
Motion by David Lofgren and seconded by Less Booker.
Mr. Van Zile briefed the trustees regarding the expiration of their terms.
Elections by the Police and Firefighter members would be held in the next thirty
(30) days in order to determine the two elected members for each board.
Advertisements will also be placed in the local newspapers for the council
appointees. Currently appointed trustees Booker, Lofgren and Maglione
expressed interest in being reappointed by the City Council.
Trustee Rausch briefed the other trustees concerning some areas that were
discussed at the recent Division of Retirement conference that he attended. The
issues were potential changes to the length of trustee terms, the appropriateness
of council members serving on the boards, compliance with the state Sunshine
Laws and Financial Disclosure requirements, legal representation of the Boards
and the investment return received from the Florida Municipal Pension Trust
Fund (Florida League of Cities program). After considerable discussion, it was
determined that these items should be considered by the new pension trustees in
2008.
Meeting adjo rned 9:55 A.M.
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Chairman, Mike Blackmon
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Seer ~ any, Keith-Mullins