HomeMy WebLinkAbout2005 01 25 Consent 201 Approval of the November 9, 2004 Meeting Minutes~~
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CITY OF WINTER SPRINGS
MINUTES
BOARD OF TRUSTEES -PENSION PLAN
SPECIAL MEETING
NOVEMBER 9, 2004
I. CALL TO ORDER
The Board of Trustees -Pension Plan Regular Meeting was called to order by Chairman
Robert Nippes on Tuesday, November 9, 2004 at 7:35 p.m. in the City Commission
Chambers of the Municipal Building (City Hall, 1126 East State Road 434, Winter
Springs, Florida 32708).
Roll Call:
Chairman Robert Nippes, present
Vice Chairman Mark Queen, present
Board Member Vincent Giannoni, present
Board Member Vernon Rozelle, absent
Board Member Tim Pesut, present
Chairman Nippes led the Pledge of Allegiance.
II. REGULAR AGENDA
REGULAR
A. Discussion Of Revising The Investment Policy.
Mr. Blake Myton, Investment Officer, CCM, Trusco Capital Management, 300 South
Orange Avenue, Suite 1600, Orlando, Florida: presented this Agenda Item.
City Manager Ronald W. McLemore arrived at 7: 36 p. m.
Discussion.
"I WOULD LIKE TO MAKE A MOTION THAT WE RECOMMEND TO THE
[CITY] COMMISSIONERS THAT THE INVESTMENT POLICIES' REVISIONS
TAKE PLACE. `1, 2, 3, AND 4'." MOTION BY BOARD MEMBER QUEEN.
CHAIRMAN NIPPES STATED, "OUTLINED IN PFM'S (PUBLIC FINANCE
MANAGEMENT, INC.'S) NOVEMBER 8, [2004] LETTER REVISED." BOARD
MEMBER QUEEN NODDED AFFIRMATIVELY. SECONDED BY BOARD
MEMBER GIANNONI. DISCUSSION. WITH CONSENSUS OF THE BOARD
THE MOTION WAS APPROVED.
MOTION CARRIED.
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C[TY OF WINTER SPRINGS
AGENDA
BOARD OF TRUSTEES
SPECIAL MEETING -NOVEMBER 9, 2004
PAGE 2 OF 2
III. ADJOURNMENT
"I MOVE THAT WE ADJOURN." MOTION BY BOARD MEMBER QUEEN.
SECONDED BY BOARD MEMBER GIANNONI. DISCUSSION. WITH
CONSENSUS OF THE BOARD THE MOTION WAS APPROVED.
MOTION CARRIED.
Chairman Nippes adjourned the Meeting at 8:22 p.m.
RESPECTFULLY SUBMITTED:
DEBBIE FRANKLIN
DEPUTY CITY CLERK
NOTE: These Minutes were approved at the 2005 Board of Trustees (Pension Plan) Meeting.