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08/29/1980 flm'~'\':;"i"" "':;;;;:.:",,\:,~.,:.t.":;: :';::'... :,;':;.'~,;: ::', '," ~/}~,:::r:'::,;',:'\;" ",. '., ",....'" ," " '~, ..... :.' , l' :, .' : I'., ~. \ ~~:' ';. ./: +, ~ L :;:;:.1;':", t:t:'..~ ;) ~~. ,:, ~ '/'.' ~.;, . ':'", ~, ,,~ ..,....., : " ~ '<>\' ",:,J'f::\':'i,!'<')::,' :X:~~' '> .... ,.,' " ,: .:~ :'~~~ " " " :>.t: " .' ~, . I '7: ',: ~': 'I.~:. . It'l ... Yi;~('::;~:{I' ~~;~ ; .I~.., ~ >>>'.~; .;' ~~" . '~,~,/::p;;: .. t.:)' I,~ t . ' ~< '... ; :)!I"'<~: \.~\:. ;. .~ . ~. . . :(\', . " /'c c. ,~ , ".. " " ' _r".' .;.i I .., " I." ".l c ~, . / ~ IT, ~ ~. " 'J' > .~: ;:'! " ~'1' :l\ i'l~ . ,,':t. . ..~~~ . l.~ ~~i ~': ':)j "<;l, " , ;.;,j. " l .~ " ,- " '" I' ", ' .", '" ;,:"lP > ~ ( .. .; I,' "':1 ..' " ': f' . ',:, \11 '[..jl' . . ~ f ' .'," ),' l:.'FC .'", '.\ ,,' ,': ; , " ,. 'I.. , , , . ~ ., ;;'~';. . . ~... . . ," r: .:. '. . '..: . ~ 1 , : , '. :,": : ~ ,I, .' ). '.l, , . ~ ... . , ~ ~ " ',:: (:" .: . ,~n''''';)'';'tf'~''fT'r''>.Jo.n44~. j.. :' .' ,-.'. "J ." .!, .',. .-. .,\-> ~'." I."'\.' t........ . q'",:~ ~ ~ ~.:~l,'';:'.<'" I:"'IJ f'~~'~ 't. .... ....~ '.~ 'I ~.. <.' ...... .....",........J ;h~U~j',.".~llft ;. ;.", t, .. ... '1. " , ',\ j: , ,.. PO'LICE .~ 14- ~I : " , :' '. '." .,1, . SUPPLEMENTARY [; 1,'- "I PENSION " Minutes .~ /. ~. DATE IQ?ro o ::J5 3 !: < ' " . ; .. /,' " ".H .' l' . ~,' r '\;'::)~~1 .:., .,.". , ~ " : ..~ ,. " : ~/~;<>':'" ' :} >.~ ," t' ..~~ '.. ~ :. j" . ~~;~.. :':~.~..." , '" <I,"' ~ ." " , ~. ' tOl, . :. ~~; i.~ ~. . ", re':': ,~! . '. . . '\' >',~." ~1)\:> " ',: . ':' . . : ~ . t . I '. ." ..~ . . '," .:,.' ',' 'I' '" , :' ';. - " ' ,\ .,. . , ' , t'!::,:,:.;>" '''.\. . ',,' . "".," .' '~~;.:", . . .' '.' . ~ . . ~ :' ~; '. " . " .' . \ ""~ . ;., ,,"., .' .. . . . ~:~;~,p"",,"_~_T~ :..",,",; ", :,: u:' ;.~ . .". '. .,..J.~.....]':t.,. "---.A....,...,.".'I-~~...h.....:..."'.....,,~ .~.,.~'..h.. I . \' 1,1 " , , , . ~ '. ", "., ' "1> :" '" , .>' '" Z'o" ''''''' ""'~",~. I '-'<';,.-L., , .r...~H~...~ "'.......L..... .. ".... ~..~ n ,,, '" _' ,>'. . :"...-''-''. ..,....."'~....'l.t.;').'t;tW.:: . : ',,!" ',: ',/:t .';,. f , ...' '. , , ~. .... <}'I:. .,", " . ~ , ! 1 ~ ~I, ~ : . . . . '\ , ..... ,., ......... I' " il ,.'1 \1 . AGENDA .; ~\ ". ',~, MEETING OF AUGUST 29 t' 1980 ,',,\ j . l.'Approvalof minutes of meeting held May 30, 1980., ,2. Appointment of Se?retary to Bo~rd of Trustees. 3., Request from Sgt..; Charles Hayden for retirement benefits. 'l \ ':;~: ','i. ( " " , ,I 4. Correspondence from Provident regarding retirement ,benefits for Craig Gieseke. :\ 5. Payment of Invoice from Provident Insurance Company for life insurance prem~ums ,for present participants .'j , 6: Payment of Invoice from Bank of Clearwater for I Safe D~pos~t Box re~ta1 , 7 :'Renewal' of Bla:nket Position Bond ,(Employee Dishonesy Bond) 8.. "Certificates of Deposit Maturing:, <, ,) Septemb~r 4, 1980 Biscayne Federal $40;000 September 5, 1980 Atlantic Bank $40,000 September 8, 1980 Fortune Federal $40,000 " '9. Ratification of purchase of certificates of Deposit by 11rs. ~vard . " 4);#P/~~4: W..H.McCLAMMA, Secretary , y , , , ", .......JU',.,.~... .~.,~ ... . .... , . . .., ~ f '. I i. I i , ( 1 ! , .' ..) CLEARWA~ER POLICE' SUPPLEMENTARY, PENSION FUND MINUTES OF MEETING HELD ~UGUST 29, 1980. ~ ; ~ . ~ : l"u A meeting of the Board of Trustees was held on August 29, 1980 in the Conference Room, Police Department, 644 pierce Street, Clearwater, Florida. The fOllowing Trustees were present: ...{ ':~. CHARLES F. LeCHER, Chairman WILLlkM H. McCLA~rnA, Acting Secretary DONALD HIBBARD RAY KAMINSKAS WILLIAM SEDRICK .,. ... ',' '," . . I ~ . ~~:. :.:,. ,".1 .'J , . (,":,"< :.~ >:., ." Also present were Rick Griesinger, Assistant City Attorney, and Betty Ward, Secretary to Acting Chief W.E. McClamrna. ....::;1. Mayor LeCher called the meeting to order at approval of the minutes of the meeting held made a motion that the minutes be approved. Sedrick. Motion carried unanimously. 10:00 A.M. and called for May 30, 1980. Donald Hibbard Motion seconded by William 1 ' ."'.; , .' .' " ' :Chief Frank Daniels' retirement which was effective June 30, 1980 left the Secretary's position vacant, therefore Sergeant Kaminskas made a motion that W.H. McClarnma, Interim Police Chief, be appointed by the ;"~'~...Board as Secretary during the period in which he serves as Interim l~Police Chief. Donald Hibbard seconded the motion. Motion carried unanimously. :.:l;. ~ . .. '.:~}~, ;.\~~:~. ,::~ .:,t "", . j<. "; ~ Item number three on the agenda was a request from Charles Hayden, retired Sergeant, for pension benefits. Chief McClamma advised that Sergeant Hayden's official retirement date would be March 23, 1981 and by utilizing his unused vacation and one-half of his unused sick leave, ,his last day of actual work would be 'August 29, 1980. Sergeant Hayden has served 20 years with the Police Department, and is qualified to receive supplementary pension benefits. Donald Hibbard made a motion that Sergeant Hayden's request for pension be approved. Motion seconded by Sergeant Kaminskas. Motion carried unanimously. The secretary was instructed to obtain the computations from Provident Ins~rance Company setting forth Sergeant Hayden's benefits. I , ' ~ I ~' :. '~'l'~ ::'>l <. ".',; " .. .,\ ...... :~r,:,:, Item number four on the agenda was a request from Police Officer Craig Gieseke for pension benefits. Since Mr. Gieseke has not b~en ~nder the Plan for 20 years, and is under the age of 50, there was a question as to whether he would be entitled to immediate benefits. The Board requested that Mr. Griesinger look into the matter and render a legal opinion. The matter was tabled until next meeting. upon a motion made by William Sedrick and seconded by Donald Hibbard. Motion carried unanimously. Item number five on the agenda was approval of an invoice from Provident k ~nsurance Conwany for life insurance premiums due 9-17-80, in the amount ~of $118,417.71. Mrs. Ward advised that the billing was correct and recommended that it be approved. Officer Sedrick made a motion that the' ~nvoice b~ approved. Motion seconded by Sergeant Kaminskas. Motion carr~ed unanimously. Item number six on the agenda was approval of' an invoice from Bank of . ." ~.. ',' , ' ;1,:,/ ~ ',,:; ~' : .~\. ~. ',' :<...." \",.'. .~ ' . \","" \ ~:"i~ :.' . .~.... .., :'..! ~. f' ~: 10"; 't':,:' :.~.'\.I~ "':"\ :;~:\ ..... :~.: ::. , ' , " ,....f ". ~~~(~~~0~~1~~~~~~~~ .1~.~~~:1.'.,.. . ~ . . PAGE TWO" MINUTES OF MEETING SUPPLEMENTARY PENSION HELD AUGUST 29, 1980 ,~ Clearwater in the amount of Ten Dollars for safe deposit box rental. Sergeant Karninskas made a motion that the invoice be approved for payment. Motion seconded by Donald Hibbard. Motion carried ' unanimously. Item number seven on the agenda was the renewal of Blanket position Bond for the Trustee members and Betty Ward. Mrs. Ward advised that Rodgers & Cummings had written the original bond effective December 2, 1977 t'lith an expiration date of December 2,. 1980, providing coverage for six employees, including the Mayor as, Chairman, Police Chief as secretary, and three. other Trustees, and one employee who handles bookkeeping duties in the amount of $200,000.00. The new ,quotation for renewal from Rodgers and Cummings would provide the same coverage three year prepaid bond premium'is $305.00 (reduced from former premiumof'$538.00). William Sedrick made a motion that the Blanket position Bond be renewed thru Rodgers and Cummings, Inc. Ray Kaminskas seconded the motion. Motion carried unanimously. Item number 8 on the agenda were certain Certificates of Deposit maturing. Mrs. Ward reported that Biscayne Federal $40,000 money market matures September 4, 1980, Atlantic Bank $40,000 money market'matures September 5, 1980, and Fortune Federal $40,000 money ..._ market matures September 8, 1980. Sergeant Kaminskas made a motion ~,~that Mrs.'Ward redeem the first CD to mature, namely Biscayne ~ Federal, and withdraw the other two at Atlantic Bank and Fortune Federal, in order to pay the Provident invoice which will take $118,417.71 of the trust assets. Motion was seconded by Donald Hibbard. r,10tion carried unanimously. The ratification of purchase and withdrawal of CD's by Betty Ward was set over to next meeting. Richard Griesinger inquired if the Board must have a quorum of three to take action. He was advised there was no such rule. William Sedrick made a motion in the form of a Resolution (80-1)that a quorum of three must be present to take official action. Ray Kaminskas seconded the motion. Motion carried unanimously. Officer Sedrick noted that the terms of office for the city resident member and the two police officer members of' the Board had expired. Richard Griesinger referred to Florida Statute 185.05 with regard to elections for trustees. Mayor LeCher recommended that the Board immediately prepare a ballot to find a successor for the trustees whose terms have expired. Chief IlcC1amma made the motion that this be done. Motion seconded by Donald Hibbard. Motion carried unanimously. Richard Griesinger advised ,the Board that it could re-appoint the city resident of the Board,'Donald Hibbard, for a two-year term ,,'at this meeting if it so desired. Ray Kaminskas made a motion that ~Donald Hibbard be re-appointed for another two-year term. Motion seconded by William Sedrick with Mr. Hibbard abstaining from voting. The Secretary was instructed to place these items on the City Commission agenda ,for approval by the C01;nmission, as soon, as the Police Off~cers hol~ their election. Mot~on carr~ed unan~mously. ~\"i\),'''''\ I." ~ ., :. ',V' ""\i/1-{'~" ........... . ~ '. ~i'.. I".' ...., .;'-f.' "." '." . 'i!~\t'; : ',,', ;",:: ',,- :,!' , ,"":: ',':- i ,'; '> \'" ',., , .,.. .:' ' W7,>:',",": ',', ':' :,: .' ,,' , /,' . . .", .. ~:<Ii'" ,; ;1" .~..' " . .,;tt- ": ~ :'!-.. : . ' ~ ,., . > '. " \ . ~ " ~. \ I' '. '- ".' ,.',' '., : . ., ~ '. :};f;' , , " '".. ,::~::::,:~.;..?,),;~.,:.~..~,:,:~,::::.;:,;",,<~:~:/,r~f11~~(!:;:;~ " \" ., :" t ~.,.'C~>~~~} .: '. '", . ; , .1-.' . \' "I ' ''. ","' '.. " , .1 " \':~', ~~ . " , J ~ J- . r ~ .', '.. ~ :. .:;:'~'" . 1: ." <"" I. I: . . . ," ,:.,'.. '. ':, . :.',: "',,::;:''' :,.' ':, ,',',' '. ,.. I" \...,'".....~:. " ~ ~;. \.,'\'.". . .,' '" ....'\ I" " 'p, ", " ,:E\;,<J'(.j< , ,',' ~~\~';:;;:;:;'<k':':;:"'\" :', ":{";;::,'i", :" ":::,""", ','" , , ", <', '.. , " c.}:':".:w.~....~~"..:'-'.....;.......~~ .;...~ :,",:.::- .~,-li-:;::: ':.'. " <.; . ~ ~ ..-.I.......1d;: ....;.~:" ~~I..;';...\ ...~~. d_::'" .._......~ _ . .:~........ ~'.... i>~' .'H~":. \..l.-.........~', '., ~.'. ' . / . .. > \ ,;,' , . ~ ..' ~. " \'. ' " I, .' ,.,' , .': . ',. .)' : .' . ~ . ~ t . i I." '. '~ .' . ,." : f ' ,'. . I. I, "I' '" '. .' .. .1-..... ~ ~ <... .-I_i". .,. .......... "~""." .n.~"'ln{~. ..:. "c' ',I ~c ;.'.' .~:,O ' ,PAGE THREE MINUTES OF' MEETING HELD AUGUST' 29', 1980" CLEARNATER POLI,CE: SUPPLEMENTARY PENSION FUND,' ".~J ""~~ ',' II\- . : -/,,~ .' , t~ " ~~l H ,,~ c ~J ili , b, <' "t..... y. . ..., . I :. 'c, , . 'c' , .. ..., .1M" ,.'. .' . -;, ',:; 'j. II. ' " , ,ji :{ I , ( :~ I <Chairman'LeCher inquired as to whether or not the'Board had appointed'a Vice ,Chairman to 'serve during his'ab6ence~ and if ,.they', had ,not,' he would recommend that, this be' in the' form , ,of a'Resoltition. Donald Hibbard made a motion that Resolution 80-2 be ,'approved to a'ppoint, Interim Chief W.H.' 'McClanuna as ViceCha'irman'.' Donald Hibbard'seconded the motion. Motion ,c~rried unanimously. There being no further business, the meeting was adjourned at, 10: '4 5 A. M. ,"' ...} 'I , }, .~ , :~ ',:~ .~. .", 'R~spec~fully submitted, ,.dl;#ffi~~~ w. ' H.' McCLAMMA,' Secretary . ; Board of Trus tees .. , \J " ,l '1 :~ . '~c '} " :'f.,~ I" ....\ ': : . ~ .\ . ,'., ..~ " . . ~:.. " ';., ~. '{i;:/::", " '.""~ ,:': \.' '" ), :~ .'..: ......, '.~ :',' ~. I . 1 . ~;:l: :1 ',' " ' t< .., ., f' , , " . ~! " ;. ~. " ' .. . .. ',' "'Q " ' . ' .~~'~'