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03/01/1977
q \ ,~ , '. ... ~> ,~ (t:;~ ; ,.1 ',/"1' '1'>'0.,;1 ~. \ ~ ,~. l. ~~!~r};:~1~~;\'; Y;,t;:? ::r :;' ~:;ni:1:~?)':::!;:'\\!;;!lY':' ". ~~t t,," . ' " ;f?,.' /;, 'i". :1:'\ ' . ~ ". \." .. ',l'l"i ",11< . ''1". \... ~ } ,~.~. . /~. '" ~' . < ".e,' ':',: '''~,'':' ~., :'t ?~:~:}~;~/,:;y::;::,~::~~ . !' , . '~"~YS1J; ,.>, " ~t':: .'. 'i' :.j" " <,: : ' ,~.: " ~' . .' I : .' , . , . t ' I!~::\;;{: .;::,"..... '.':. .... ':~,:;.,: .:....... 'I L \., ' C. ~'~;. \ '[ , ',:. ' . ~0i:. .~>.~;.,-:.:. "':;} '.. ..'. ' ',':' ~:::~". ' . t ' ' I -..- , : I,.t'. :t"" , . ':,~ " .' d ' ./ >"1, "~,I .. ;, ", "\: :, -, '",' ''- ,I' .<,F' >\.T " , " . !. ~;~ " '1,' > ~ , .:~;\ ',' ,,~l.~,~' . ,,' ~ , ." .. l.: " t'" .. . ~!I ,,' , , . ' , > T t'~"""'~~~.,\f~~';':".~ 'i".I,."j'H~.....~.,",: ..~. , , ,t 't' ,) j 'I POLICE ,,' ':j , ; SUPPLEMENTARY PENSION . " " Minutes :...,:. .,," " ,DATE IvlareiJ ~ /911 ," .' " ~ ::",:. G /i/ I' ~. :, .:"i: " :..J'" ,',., :'1,':' 'I :,' ., , ' '"' ;.' , ., " , \;, " ,,' .'.' 1'0' /,:',. +.1' , ,', . r; ~ ',' : ,\." ~ ,:,' , >, ~ ,". ".:. ~ " I' , . , . ::;>':.,. .':,-~~';::,; ::, c~'~.:,: ,.. .... ..'.,.:!:... ..,;.',.,~.;:.:...:...~.....::+.:~:."...." ....,....'.... ,'..,' \....:'.. ,..,' ..., ~ '.1/.. d... , " . ' .\, ;i;i'\i\ ';{;'i::', :'n';:~;;;';i:+:r::)3,~'\{(,Fr':'::i::i';'i::i",'.\?:;:;4,~@:,i;;\iJ;,';/{',;';l,;j;i{,:'::',:,: ::\;:~:,;;:Y ..j.<.,:" .. ," .:' :"/..',~ .. ': " ~:. ~. .'< :~:. ~':? :"~ ~:~::~~,';:~'''\ ;~ :''::'/\ ::~;~:~;,~i!'~:';:?:1~:\f{:?;f\~;.'l~~W ., ":1..:,, ';1,:; ,; ~<'.< : ~ I : 'N';;',i~;'::' t::',:.. ", .', '-'\.. ., <f:,'.', ' , ',~, '. '. . . ,~ , ~d~~~>:: .~~' ' ;..( '\ ... , , . ~ l. . I . ' : ,...., t,. .' . ~ I '~., ..". ~ : ." ~ :. . :. l ""l . , '"," ~'. { . ',~ I j . I , 1 ~~ " , . . '~,' .. . .:' :. '. . 't' ~ , ' ,; . < ' , __._1",,~',:,,;.i.d''-.l~l>o''''''''rt',i~c, '~ " '~US"'~~~~':''":'~,.(5r'~.;~^~~)''"i<T:J:;''''(~'';-""", ,~i~~~! . ....tf}'J:~~~,..!);-~"\........,~;"...-... f'~ .. . , ~,. L ~ '. 'l. . ".., . .' r~,.. /.,...; ....... ,,~ ';.>.J;'...\"..."I....."'.....rt......,.I. '. ; ~ '.,1" -' " '.' ,.,~:,<~tj .'.; '<::~ :,:h ". )~: ::',f: :.:,.:..J.'; ':i, ,,' ',;1> " " 'I '.', :', I " , , , , I '. ~ "J >' <' '" .' .; 'f, "I;" .+ ",t: "l:I'i , ....h f,' +. I, ;, .. ,,>~r ','! ., , ~I"'l~"~ I~ ,",I.,.' ~.~ <1'~' . ~ 1,,1: ~.~ I ~', '<,',' ~ :'!' ~ :"',',:,!; ":'J :J~"".~.;!,,'l- :.~,... ...... ~,,:.. ,. ',.....~...v. ..\~~:':~\ ,.:'}!11lr..;.~r:.: , , ~ .", :,J:~: .c....,: ";': ". -..., " >;j;' " ~ ;'. c ;f~~ .. " ' ,'0 le'-"O J.,: ~;. ~ > I , , ; ,. 1'1.. , 'j ;.. ~ ~ j ,01 ,f' , I' I, AGENDA . ~ ,. :....{ ','i. , !' ClearWater Police Supplementary- Pension, Fund !j " '!J Tuesday, March 1, 1977 9:30 A.M. P01ice'Department Conference,Roorn f~;~ :i.~. ~f~ /~ II]? Item 1. ;:~~e~a~~e~overage for pOlJ.cl Off~cer . /~> for certificates of , J, Me,eting: Item' 2'. , , Maturity notices Deposit ~. ~ " , " ~I~~. :' .. ,,>'. ~. Supplementary'Pension'Fund '(':>. i" ,I ;( c 'J , .> ~ 'i' ~ '. " ~",t ~ . t':' . '. '.K'. :' (i'.~ ~ , ,.., .' e \ ,', ,', ..; , J':;' '. 'I ~J I" . ,',j, '.";. ','.1' .', V,~~.~(~.I(:~';':'~{<,I:yr~:r~I:S,~f:\':;i:'j'~ '.<>p: {'.:. :,>' '~:~~~':":,~t\;::":;'" ",'.> ,,>, , ~' . ."1' 'I \ , \ t~ 1 1 . j , i j : I ,~~' .' " "J ~.... ~....... " ' CLEARWATER POLICE SUPPLEMENTARY PENSION FUND .:-, ~ ", ' , Minut.es of Meeting Held March 1, 1977 I'.', ,',/ \.-... .,) , ~ I ' , . .,. <. ,I. A meeting of the Clearwater Police Supplementary Pension Fund wa~ held on March 1, 1977 in the Conference Room of the Police Department, 644 pierce Street, Clearwater, Florida. ,Yj~'~ , f, . " The following Board members were present: , ~~, " , : ~ ,'I- , GABRIEL CAZARES, Chairman FRANK DANIELS, Secretary \ DONALD HIBBARD RAY KAMINSKAS WILLIAM SEDRICK ~ . . I' ! ~ :. < .: /' -,(. ,;1 ",I, Also present were Marybeth Lavalle, Assistant City Attorney, and Erla Mae Bishop of Chief Daniels' office. I, 1\,:.';'1 .'."j . , '.: ,/ ".' , , , i' , ,;:1 ~ . Mayor Cazares, Chairman, c~lled the meeting to order at 9:35 and requested approval of the minutes of the meeting held on 1977. Mr. Hibbard made motion that the minutes be approved. Kaminskas seconded the motion. Motion passed unanimously. A.M. January ,13, Ray I' ~, "'''I',:': '. ,.M.,' ';'.",>i-,' ,~ Chief Daniels, Secretary, advised the purpose of the meeting was to review the insurance coverage of Officer Paul Carter, and maturity notices received for certificates of deposit. , ~'. ' J. . . : ,i ~+ . <,I .~' .. " . .' . -I ",,(., ' :':,~:>~~:':~ ': ~:' ~~ ,~' ( / .. ,'I,' '(\,:.1 .,:" Marybeth Lavalle reported that she had contacted the State regarding the manner in which we had handled the supplemental insurance for Officer Paul Carter. Mr. James Vereen, ,Director of Municipal Police Officers' Retirement Trust Fund,advised her that we had the right to do as we did, as long as we had funds available, and that we had handled the matter properly. /:':[~d'~ ',:";'.. i:.. ' "~ " Wi;;';"c'; : '.>',"'.,. ,.,'1' :::,~ (,',~.. ~:~ ':( (\ "," "I' . ~ " '~. '~ '. ,." Mayor Cazares requested a resolution regarding the renewal of the certificates of deposit. After a discussion on the matter, Officer Sedrick made the resolution that the Secretary be authorized to renew ,the certificates that are maturing in March and April, and to obtain the highest possible rate of interest, but not below 6%, and that they be for a period of one (1) year, in the amount of $40,000 each. It was also resolved that the Secretary be authorized to purchase an additional certificate with the interest from the present certificates. Purchase of certificates to be limited to Banks and Savings and Loan Associations in Pine11as County. Donald Hibbard seconded the resolution., Mayor Cazares requested a vote and the resolution passed unanimously. '.0.1; :~ I' , ' ,'''-,,1 ,,' ;:',:' ;":":~":\',~ : ':..' ~,;:~ .. ":, ;, :'/':! .:' : '."<,'" " :,', ,~,:.,~,::':;,r'? ~: '" 'j'.,).\::..... \'\~" ::,':,;,' 'I ~. ,.;;~ :':, .~\"};'::::\ I~~~l:~~" : ~,: ~'/ 1~~.,,:~.::,J~~. .I:;;,,::.~ /:~ :.. I ,; ~~:t~,;: w >,:",:,: '. ~r I ... -, '. ".. \ , ',/ ,..' , : " j' 'r",,' .....:: I, : ..:: ;~~~ ~~:'~~, ;{?;,~!~~;~:>:?~;.~~ .~[;~.~~{. ~I~~'~ ~;:;' ::~~Pl!1~;:$ ,'" ", , ,,'. "" ,- ~ .. .. ..... ';;;,;,;:;~ , , " ' :'.~' I J.. ,~ , " , : \ ~ <i">, ' ..' " .,~ I :. '. \ .....' , " . ." :, .. ~ ',"I . ! ~ ~ . , 1 ... , + ',~ " , . ~.' ,"; j.. ' , ;" '{:, ' " I,' .' ,J' . r,. ". " I' ~ " :~: "}"~\ i '/'> , ""'. (~ , ~"'::."';')>:'~~'.": '.'f', "i ' : ,'I, / ~~ .\' '. i, , :,' ,.', '" ," ." ;,' " ',. , ,,' , .. ~ : , : , ..'" ..'t' I"" ,I k~:,::::,::;' : 'I ::.,: " ",', ,"" ' " ":/, ": ' " : ,;' ',':', ' , ' .' "/ ~'l/i'i~i,:b~.i;j;.iI,\.,'!\~.1>t 11,\,'" ,,:> .....'" ,', ' , , ,', ~f~I,\1t~rf~~~\?)i\)'t;J~N::~,i!'ffi~'rJ:n.~~\~~1~:~Pj!~Ji~;)'\'';,~;, \. I rt _,' ' . "....~i 'I' :'I'~ ;.',:~~;::":JI~' I.' : ::.. ': ~.I "'; . .,fH :~>J j; ~;l" ..,~~>-" , /'1 ~ ~.. \ j .>t ; '"/:\ ..,J\. "a!}'......t: '"t~l.. J(t ~ ::-;:,vr ...... ,'.. , .) ~ , '" ~' /.', . : ' ~ ,', ~ .' ' I, ',;-,j-', ;..-4,....::I....,....-rl~;., ..~ , .' . . L.,' :- ....~ .......:'1" .' ".,....)... '..... .....k... ' " ,I' ,...... ',.;- ,':.' ;(;' " -;'<;,:. , Clearwater Minutes of Police Supplementary Pension March l,1977,continued. Fund ",' l~l., )~ ,\<~ ... ,!" YI'Ji1/J ~;:>, ' I'Jif ' ,Page Two " .' (, L.,:. ,', <': ,q Marybeth Lavalle certificates Rhould its next 'meeting_ advised that the , , be reviewed renewal and and confirmed purchae;e of.the by. the ~oard at .. There being no f~rther business, the meeting was adj~urned at 9:55 A.M. I Respectfully"submitte~, q r.tt..l( DANIELS, ; '\ i "; , \~