Agenda - 10/14/2015 - 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 14, 2015
7:00 p.m.
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. ELECTION OF OFFICERS
4. PUBLIC COMMENTS
5. APPROVAL OF MINUTES
a. Approval of Special Meeting Minutes of August 20, 2015
6. CONSENT AGENDA
a. Approval of expenditures for month ended June 30, 2015 in the amount of $223,864.89
b. Approval of expenditures for month ended July 31, 2015 in the amount of $211,011.78
c. Approval of expenditures for month ended August 31, 2015 in the amount of $196,239.84
d. Approval of The Mitchell Group invoices, dated October 3, 2014, January 7, 2015, April 7,
2015 and July 6, 2015, in the total amount of $8,602.69
e. Approval of Lowery Asset Consulting, LLC's invoice in the amount of $7,000.00, dated April
15, 2015, for First Quarter, 2015 services
f. Approval of IDOI Compliance Fee invoice #F76509 in the amount of $6,516.81
g. Approval of Lauterbach & Amen, LLP’s invoices for professional services in: March, April and
June, 2015, and year end work papers and IDOI report for FYE December 31, 2014 in the
total amount of $5,375.00
h. Approval of Mesirow Financial invoice in the amount of $3,712.00, dated July 7, 2015 for
Fiduciary Liability Insurance
i. Approval of Reimbursement to Pension Clerk Kane’s for Fall Pension Conference
registrations and postage in the total amount of $985.31
j. Approval of Reimer & Karlson, LLC’s invoices, dated July 15, 2015 and August 9, 2015, in
the total amount of $270.49
7. ITEMS REMOVED FROM THE CONSENT AGENDA
8. UNFINISHED BUSINESS
a. Approval of: Resolution OBPDPEN-TR-R-2015-1, A Resolution Delegating The Treasurer’s
Signatory Authority For The Oak Brook Police Pension Fund
b. Approval of Response to IDOI’s Compliance Audit and Examination, dated August 21, 2015
9. NEW BUSINESS
a. Lowery Asset Consulting, LLC Report on Third Quarter, 2015
b. MB Financial Investment Management Performance Report on Third Quarter, 2015
c. Approval of Investment Transactions for Third Quarter, 2015
REVISED
Oak Brook Police Pension Board
October 14, 2015
Page 2 of 2
d. Approval of Municipal Compliance Report for FY2014
e. Approval of Qildro and Calculation Order for Paul Stadwiser
f. Discussion regarding custodial and investment consultants
10. INFORMATION & UPDATES
a. Scheduling of first quarterly meeting in 2016:
Tentative Wednesday dates in January, 2016: January 20th and 27th
ADJOURNMENT
In accordance with the provisions of the Americans with Disabilities Act, any individual who is in the need of a reasonable accommodation in
order to participate in or benefit from attendance at a public meeting of the Village of Oak Brook should contact the Assistant Village Manager
at (630) 368-5022 or TDD (630) 990-2131as soon as possible before the meeting date.