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10/09/1975 ,r "f:y;">r~;::~;;?~~~ 1 . < ' l . ~ ~ 1~1 > "< .' '. .:1 , ,~:.,: :':'~,~~ . "~"'I .\' '> t~\'.~,l :,>. ~' .~ t: .. ":{l $~lP:.1t=1~~.v'f:~U:;'t.,.(t:,";~I~'J!n t t;,<'l.\:"~~F..""1:t\.t :.,:.... .~r.::.;-,', ...... t I:'" ~ "f ,}:t"~':':;1~-";:P(.~;~""';:'~,\:: ,::"":":~ i, >: :\':.,. <~',':': . ..~/" ,';, ;'~,:,' ' I .. + . .. , . . " . .:~ ~ " : . .' , , ,-' '. : ~ 1. ~: . . .. .. ,:;:::~: ~'; -': l> ". "-,\0,:, I., "~~.".:':'" :;'~'.:;':':" ',:-:'~.~c~/',~~.::~' F, ;.'-.: ~. :.>' > . '\ . , ' .\ . ~~~:!'~~.'~'~,. . l~~ ).'.' ::'~"~ y,;;'",.. ;" , , < :i , I ',: I,!, .:!" ~ "I.. " .'." -!: ,', ,1< r'. t.\..... '. " It~ , , )':. .'i "1" , , I' ''':,'t''' ,\'~\:j.~.: :~'\';':' ,~': . 'oF ";l ,,'. ". . ~.. ~ '.' I . , \ " . ~. I ':. :, . ' . ~. . : ,', ,~ . ;~r'..~.,.~~.[.- ~~.~~'. ~~~I:tlt.~:..~.~ ~;.~.~.. . ".. ... r"-'" ....., ~;"..,.,; f, I"" i,Y; ~ ,';";'0( '1 ,... ,',:.~ \ \" -:".,. ,", '" . .... .. . .. .l.,~ 'd- ~~. ,~ .... ." , p' '1;. ~ -'. , I~' '1 !" " ~ .I".., ,'.i.. . if; 'j ~ " ,.. , .t .' .l: ,,' POLICE .~.~. . , ,SUPPLEMENTARY I, ,PENSION ~ . i Minutes :1, 'J DATE_Oelrir!r q/ /91S '! cJ!. :37 t, ." , "fh .:;~f:;J"tHj~0{~l~~~~;~~'1.4%:A;t-~~,~~il~~f,~;~::7.;N~":~~,,},.t':':"':;,':;'j: '.\ "" ~~~~~,\:\~~;,:ii?<'(~">'; \/::?:;f:':::,::::; i"; ,:," "" ' ';: ' ,,'," ' ,,',' , '; , ~"\"'<<".' ' .j,..' . ", ,',:: ':'~, :\:\,; tt~(~i"::<;;::';:"'::,.",, ,"'," , ',: ...l , ~ < '. '.. . . I, ~ . ,'. ';,;,\f,'<"",.'" , ' " ' "or, -', t '; '~J ~': , , t.'", ,>;. ," ~', . .. ".: ,1'",:: " ~ ~ ,,' ~L: c.: .: " ,~.' ,'" ' f , I . . . '!~ -' . "t. "'. ',' . ~L.I: t.. . .' i . ."\ :1:',;. - . . . , c' " :,~ '. i.. >'. I ~ ' , I ,r , 't.;' .' ';' . i':": ')::; L . t'~.'..:l~':.::.: ...J:' ',~ ""... I .~. ,J ,> , '. ~,~,i\ ') I-/,~,}Ih~\. ~~~,}L;t.t;o/,.v.~,,'_\,r"""'''''~''''''~~4 ,d. ' . , i~!tf1!~~;:~[,"':R ..,'~, A.;-~ ",I.;\'Q'l~'1!~~YJ:!l;.. .",~ . \ ......,......;\~.1 {.I'.o. . I~I S,. ,.' .q ,Ar....!;.M.c 1.;.j:I'l: "~-'':'-'''iUl'','H _~.,.. .....~.... _ :.! I.. ';' ,.:-. ~I'~t,~ '...., "l~\~ "1. ......~'~ J ~(:.;..."t...~t~.~(t,...~'i-:.tI.OtH:,.~'I'I~'t~".t;.l.....~~~.~V'\.,.1.~..,,~{~t ... ' '.. " , .';, ,> "." ". " ',','" :', ';':,:,';>:;,j';"V'7:;;:rJJ~~ " ".. .. ' I.. ;, " >. . ~:,: ,i" } ~ ~ . . ," ,', . ~ < ~~ ' c ~ " .' .+,,,'. ': l' '1: : ,":' ,', " . ." " '. n~. ~. ~. .>.~ ...~..,'t..j;"'...i..hI.~..~. ../..,....: : ,.... '" ~. I .. ".' ~ ~I~" ~ ',' ." ."1 :.'\ .~ ~. ,. . .}. " ' , , .;'~. T . ", ':".'e /,: . ~o' .~. :.. . I ~ ~. " ' " AGENDA ':i ':;c\' . :l:. , " ' " " " ',\ '.' ',,' c :l' , . , " '. " . ,CLEARWATER'; POLICE SUPPLEMENTARY PENSION FUND. ::/.. l ~' . " ,~ ,~ : ..', October 9, 1975 1:30,P.M. ~ffice of Police Chief Frank Dani,els. "'{" , , ~4' ~ . ' -;'" ' l } ~ . " I, cJ <, " . ~. " ;;,~' .' ,,' '1. Committee Report ~e"Proposal from Lincoln National' Life Insurance Company " :'. :,t;, ~. ~ : ',',.: ,,'()', ',I 2. Approval of Invoice from Provident Life and'Accident Insuranc~ Company Covering present participants as of ~-l7-75 (life'insurance)_ f' 3. Report from Guy Kennedy, Assistant City Attorney,regarding Lump Sum Settlement. T' 4. Request from Dorothy Smith, Traffic Enforcement Officer, Police Department. n"''''''.. V ~ ':, ":---"'~ " '"'-- ~ ~l' '\ " " cretary' e Supplementary, '..... i\ , ' .- ~ .... ,., ..~.........n-' ". MINUTES OF THE MEETING OF BOARD OF TRUSTEES OF THE CLEARWATER o POLICE SUPPLEMENTARY PENSION FUND HELD OCTOBER 9, 1975. The October meeting of the Board of Trustees of CLEARWATER POLICE SUPPLEMENTARY PENSION FUND was held on October 9, 1975 at 1:30 P.M. in the Conference Room of the Police Building, 644 Pierce Street, Clearwater~ Florida. The following Board members were present: GABRIEL CAZARES, Chairman FRANK DANIELS, Secretary DONALD HIBBARD JERRY ROBERTS BERNARD ENLOW .~ ,I Also present was Guy L. Kennedy, Jr., Assistant City Attorney, 'and Betty Ward, Chief Daniels I secretary. o Mayor Cazares, Chairman of the Board of Trustees, called the meeting to order at 1:30 P.M. He requested the 'approval ,of the minutes of the meeting held on July 23, 1975. They were approved as distributed, with one addition to the minutes being made by Mr. , Kennedy, who requested that the word "disability" be included with respect to Russell Riendeau's pension benefits, and that it should be"noted that Mr. Riendeau retired under the disability section of the Florida State Statutes (185.18). Officer Roberts made a motion that the minutes be approved to include the amendment. Motion seconded by Mr. Hibbard. Motion carried unanimously. The Chairman requested approval of the Agenda as presented and it was approved. Item Number one on the agenda was a proposal from Lincoln Life Insurance Company to invest the assets of the Fund. Mr. Kennedy referred to Florida Statute 185.06 (Powers of the Board of Trustees) and to 2-21 Code of Ordinances, City of Clearwater, Florida (Powers of Board of Trustees). It was Mr. Kennedy's opinion that the Trustees did not have the authority and power to turn the plan assets and funds over to an insurance company to invest and manage and if they did they could beheld personally ,...) .;,;:,~,ii<:?>\"": :\":,"<~:>: J': :'" "::',: ',:"..", '-, .. .' " ' ; .,' : . '0: " " . . ~. , , " r'. . ", \' :}, " " ',' ;.: ~ T ~.w:,.tl':tj:rr>>.k,\ ~.~.,.:_. ._ ~.'.;'II'IU~ol;:!'''~'' ',1 ,~ I .. ., I' i " PAGE TWO " ('"'\ .,....'/ MINUTES OF THE MEETING OF THE BOARD OF TRUSTEES OF THE CLEARWATER POLICE SUPPLEMENTARY PENS ION FUND HELD ON OCIDBER 9, 1975 liable and responsible. Mr. Hibbard joined with Mr. Kennedy' in his op~n~on. Mr. Hibbard made a motion that the proposal from Lincoln Life Insurance Company not be considered. Motion seconded by Jerry Roberts, and carried unanimously. ,-", '0 Item Number two on the agenda was the approval of invoice from Provident Life and Accident Insurance Company. The Secretary presented the invoice from Provident in the amount of $73,011.14, and noted that the amount of $400.96 had been subtracted from the invoice due to the fact that Michael platt has resigned from the Police Department and that amount represented his insurance premium. The correct amount of the invoice is $72,610.18. Captain Enlow made a motion that the invoice in the amount of $72,610.18 be approved for payment and that the Secretary be authorized. to transfer the n~cessary funds from the savings account at the Barnett Bank to the checking account at the Barnett Bank, and to forward a check to Provident Insurance Company. The Secretary advised that another billing will be received in the near' future which will cover the premiums due for all of the new participants coming into the supplementary pension fund as of September 17, 1975. Item number three on the agenda - Lump Sum Settlement. Mr. Kennedy referred to Florida Statute 185.191 (Lump Sum payment..of Small Retirement Income). Mr. Kennedy advised that he had received a memorandum from Chief Daniels, Captain Elow and Officer Roberts (the committee appointed by the Board of Trustees to make recommendations regarding the lump sum settlement) and that their recommendation had been that any police officer having twenty (20) ,years of credited service and who is officially retired under the city Employees' Pension Plan may as an option receive a lump sum settlement. Mr. Kennedy was requested to forward a letter to Mr. James Vereen in Tallahassee for their approval. Item number four on the agenda was a request from Traffic Enforcement Officer Dorothy Smith. Chief Daniels explained the classification of Traffic Enforcement Officer, and that the Police Department had v '~;~:)"'f~tt;~'ltt!::"?i'f:':? "'it:" .';, :;~,/ :;>'7 ,',", ,,' .' ',I"'", , ~ . .. > . '< '. ':: . . '. < . ":' ," ':> ,~., . .', . '/' ."'.':., \":~'" ':' ;'~;;<>'\',~ ":','t?:\>?:\:~'~:~>{I~~~ .'''''. ",. ...... .f{" .". .' l'r;I~'. '" , " , ' " ',' >!,:r.. . '. : ~ . .' ,h .' . ,., f .1...: , , ' .. .',' ." , ,. . ' , " c, ,', , , " <', . ,. '.' "0: i' ~I " " '"" . ,', " ,,;1:: ':, .IJ "':" , ,I , , " mtf.i~~}).~~;{':['~1I'~'~\"~""'_' "..,:.:~,..', ::.....:, , ' '...: ':~.....,~,~" ,.,;. ,,,;,.' ",:, 'Ill. ,,,. . ":'"''''1 I : ~ ,. , I'c, 'if ., '0 :' , , \ I ~ .1:.... " ,( f~'; ~ . ." i. >, ;. .~ Ie...., '., :. !, ;, :' ':l, :, \ " i I ,1 ' j.". . " . , :-' :.': ." " "'0 '." , ., , ' ~ .c~ 'l-' '"~. .: .,~, .. :.~' ti" .'.. ",:... :/.., j?;:~" _l:~<<. I~. r "': .I.~..... ":.~"", < ... _, . .-.." -I', . .c ~ ., PAGE THREE .J MINUTES OF TH~ MEETmG OF THE BOARD OF TRUS TEES OF THE CLEARWATER POLICE SUPPLEMb~~RY PENSION 'FUND HELD ON OCTOBER 9, 1975. , .j , 'I \ tw~ such positions, one being held by Mrs. Dorothy Smith and the other by Dennis Becky. Mr. Kennedy referred to Florida Statute 185.02 (Definition of Police Officer) ., 'and, definition under Code of Ordinances, City of Clearwater, Florida (2-19) 'and referred to 2-23 ,of the Code of Ordinances, City of Clearwater, Florida about a person electing not to participate. A discussion was held and Mr. Kennedy requested 'that Chief Daniels furnish him a written memorandum setting forth the facts and background information of Dennis Becky and Dorothy Smith, and when he obtains this information he w~ll then, write to Mr,.vereen in Tallahassee requesting an opinion'whether or not these individuals are properly entitled to participate in the Clearwater Police Supplementary, Pension Fund. '\ There being no further business Captain Enlow made a motion to ,adjourn, and the meeting adjourned at 2:35 P.M. Respectfully submitted, C<l") " Secretary Police 'Supplementary Pension Fund.