09/16/1985
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'j TRUSTEES OF THE EMPLOYEES' PE~SION FU~D MEETING
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:1 September 16, 1985
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The City Commission, meeting as the Board of Trustees of the
Employees' Pension Fund, met in regular session at the City Hall,
Monday, September 16, 1985, at 9:00 a.m., with the following members
/present:
Kathleen Kelly
Rita Garvey
James Berfield
Lee Regulski
Don Winner
Mayor/Commissioner
Vice Mayor/Commissioner
Commissioner
Commissioner
Commissioner
Also present were:
Anthony L. Shoemaker
Frank X. Kowalski
Cynthia Goudeau
City Manager
Acting City Attorney
City Clerk
The Mayor called the meeting to order at 9:05 a.m.
ITEM 12 Minutes - Commissioner
the September 3, 1985 meeting.
unanimously.
Winner moved to approve the minutes of
MOt~OD was duly seconded and carried
ITEM 13
- Recommendations of the Pension Advisory Committee.
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a.
Request ~or Acceptance into Membership.
The City Manager presented the recommendation of the Advisory
Committee to approve membership for seven (7) employees listed below:
Name
Classification
Department
Cleven Wyatt
Catherine Brotzman
John Seeboda
Caleb Winston
Christopher Tomczak
Sanitation Driver II
Librarian II
Marine Attendant II
Maint. 'Worker I
Traffic Sign & Marking
Technician
Police Officer
Clerk Typist II
Utilities/Sanitation
Libraries
Marine
Parks & Recreation
Traffic Engineering
Anthony Rizzo
Barbara Taggart
Police
Public Works/Engineering
Commissioner Garvey moved to accept the recommendation of the
Advisory Committee. HOtloa was duly seconded and carr~ed
unanimously.
b. Request for Pension.
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The City Manager presented the recommendation of the Advisory
Committee, General gmployees' Pension Fund that the employee listed
below be granted Employee Retirement Pension under Section 26.34 of
Employees' Pension Plan.
1.
September 16, 1985
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Albert Michael Goodell, Firefighter, Fire Department, in the
amount of $565.03/month, effective 8-17-75.
Commissioner Garvey moved to accept the recommendation of the
Advisory Committee. Motion was duly seconded and carried
unanimously.
ITEM #4 Other Business.
Appointment of Custodian/Advisor for General Employees, Pension
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The City has experienced nume~ous problems with the current
Custodian/Advisor, NCNB ~ational Bank of Tampa. On 4/15/85 the
Trustees authorized the Finance Di~ector to proceed with a request
for proposals for these se~vices.
Sun
reasons:
the following
large group of
2) their
fee is
Bank is recommended to act as Custodian for
1) they currently serve as Custodian for a
municipal clients who are pleased with the service received;
reports are clear, concise, and easy to follow; and 3) their
28% lower than their closest competitor.
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Florida National Bank is recommended
Advisor because: 1) Mr. John Willoughby, formerly with NCNB,
the p~incipal officer for Flo~ida National
with the City in the past and 2) their fee
to NCNB's quote.
to act as Investment
is now
worked closely
second only
Bank and has
of $7,500 is
Commissioner Winner
Plorida National Bank as
Employees' Pension Pund.
unanimously.
moved to appoint Sun Bank
Equity Investment Advisor
Motion was duly seconded
as Custodian and
for the General
and carried
ITEM '5 - Meeting adjourned at 9:07 a.m.
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A test
A. IJOr-_
2.
September 16, 1985
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AGEllDA
Board ot Truatees or tbe BaploJ'ees'
September 16, 1985
9:00 a.ln.
1. Call to order
2. Approval of Minutes 9/3/85
3. Recommendation of the
Pension Advisory Committee
a. Request for acceptance
into membership:
c. Wyatt
c. Brotzman
J. Seeboda
c. Winston
c. Tomczak
A. Rizzo
B. Taggart
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b. Request for Pension
A. M. Goodell
4. other Business
a. Appointment of Custodian/Advisor
for General Employees' Pension
Fund.
5. Adjournment
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Pension Fund
ACTIOII
1. 9:05 a.m.
2. Approved as submitted.
3.
a. Accepted 7 members.
b. Approved. Albert Michael
Goodell, $565.03/month,
effective 8-17-85.
4.
a. Appointed Sun Bank as custodian;
Florida National Bank as Equity
Investment Advisor.
5. 9:07 a.m.