01/14/2010
PENSION ADVISORY COMMITTEE MEETING MINUTES
CITY OF CLEARWATER
January 14, 2010
Present: Nathan Hightower Chair
Tom Jensen Vice-Chair
John Schmalzbauer Committee Member
Carlen Petersen Committee Member/Councilmember
John Doran Committee Member/Councilmember
Paul Gibson Committee Member/Councilmember
Brian De Witt Committee Member
Also Present: Joe Roseto Human Resources Director
Patricia O. Sullivan Board Reporter
The Chair called the meeting to order at 9:00 a.m. at City Hall.
To provide continuity for research, items are in agenda order although not
necessarily discussed in that order.
2 - Approval of Minutes
– December 10, 2009
Member Doran moved to approve the minutes of the regular Pension Advisory
Committee meeting of December 10, 2009, as submitted in written summation to each board
member. The motion was duly seconded and carried unanimously.
3 – Employees to be Heard
– None.
4 – Action Items
:
c. Approval of New Hires as Plan Members:
Member Jensen moved to accept the following employee into membership in the
Pension Plan:
Pension Eligible
Name, Job Class, & Dept./Div Hire Date Date
Ellen Crandall, Planner I, Planning & Development 12/07/09 12/07/09
Ronnie Butler, Field Service Representative I/Customer Service 12/07/09 12/07/09
Dana Root, Building Inspector, Planning & Development 11/30/09 11/30/09
Richard Ryals, Recreation Leader/Parks & Recreation 12/07/09 12/07/09
The motion was duly seconded and carried unanimously.
5 – Pending/New Business
– None.
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6 - Director's Report
Human Resources Director Joe Roseto said a Pension Trustees investment workshop is
scheduled for January 29,2009 at 8:00 a.m. at City Hall, Room 222. Finance Director Margie
Simmons said consultants will provide education and reinvestment information. No decisions
will be made.
Mr. Roseto said the Pension Attorney's conference will be held in Ft. Lauderdale in
March. Attendee expenses are limited to travel and hotel. Ms. Simmons requested that
committee members who plan to attend advise her prior to departure.
Discussion ensued regarding hotel costs and ride sharing.
7 - Committee Members to be Heard:
Member Jensen said the next FPPTA (Florida Public Pension Trustees Association)
conference is in Jacksonville.
8 - Adjourn
The meeting adjourned at 9:04 a.m.
Chair
Pension Advisory Committee
Attest:
Board Reporter
Pension Advisory 2010-01-14
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