Agenda - 10/22/2014 - Police Pension Fund Board
BOARD OF TRUSTEES OF POLICE PENSION FUND UPPER LEVEL CONFERENCE ROOM
OF THE BUTLER GOVERNMENT CENTER
1200 OAK BROOK ROAD
OAK BROOK, IL 60523
630-368-5000
Regular Meeting Agenda
Wednesday, October 22, 2014
7:00 p.m.
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. PUBLIC COMMENTS
4. APPROVAL OF MINUTES
a. Approval of Regular Quarterly Meeting Minutes of July 23, 2014
5. CONSENT AGENDA
a. Approval of July 1-31, 2014 checks in the total amount of $186,106.81
b. Approval of August 1-31, 2014 checks in the total amount of $193,422.94
c. Approval of September 1-30, 2014 checks in the total amount of $190,692.31
d. Approval of Lowery Asset Consulting, LLC's invoice in the amount of $7,000.00, dated July
29, 2014, for Second Quarter, 2014 services
e. Approval of Mesirow Financial statement in the amount of $3,635.00, dated August 1, 2014
for Fiduciary Liability Insurance
f. Approval of Reimbursement to Pension Clerk Kane’s for Fall Pension Conference
registrations and lodging in the total amount of $1,196.10
g. Approval of Pension Clerk Kane’s timesheet in the total amount of $606.25 for services
rendered March through July, 2014
h. Approval of Reimer & Karlson, LLC’s invoices, dated July 13, 2014 and September 8, 2014,
in the total amount of $578.63
6. ITEMS REMOVED FROM THE CONSENT AGENDA
7. UNFINISHED BUSINESS
8. NEW BUSINESS
a. Lowery Asset Consulting, LLC Report on Third Quarter, 2014
b. MB Financial Investment Management Performance Report on Third Quarter, 2014
c. Approval of Investment Transactions for Third Quarter, 2014
d. Discussion regarding Pension Board credit card
e. Discussion/update regarding Village Actuarial Results and Pension Funding
9. INFORMATION & UPDATES
a. Scheduling of first quarterly meeting in 2015:
Tentative Wednesday dates in January, 2014: January 14th, 21st and 28th
10. ADJOURNMENT